Eagle Capital (OTCBB:ECIC) Message Board

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Microcap & Penny Stocks : Eagle Capital (OTCBB:ECIC)

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To: Chad Beemer who wrote (83)	4/8/1999 12:47:00 AM
From: biffpincus	Read Replies (1) of 108

Nelson Mandella to the rescue (?)... I just had a long telephone conversation with a member of the Board of Directors of Eagle this evening. He faxed me a press release (after the market close) which had already been officially sent out to business press sources regarding a new business relationship with the government of South Africa. I don't have the release in front of me as I write this, but it seems to be a great initial start to what could be a huge project for the company. Nelson Mandella is mentioned in the release as giving his blessings to the project. It sounds very promising. My conversation tonight went into great detail regarding the opportunities presented to this company. We also discussed what we both considered the major problem facing Eagle which is its lack of capital funding. But I was assured that the company is in talks with many different potential equity partners. If their business plan is as attractive to those possible partners as it seems to me, I imagine they should be able to attract additional funding over the next year. In my opinion, that is the big question mark facing this company. From this conversation, I was also reassured about the lengths the company is going to market their product all over the world. But, if this company is going to be taken seriously, they need to take their investor relations more seriously. The "aura" of being a BB Utah stock and having an investor relations office run out of Vancouver (both well known stock scam capitals of the world) are two too many strikes against this company as far as I'm concerned. I sincerely believe in the promise and possibilities that lay before Eagle, but they have a ways to go before they reassure "the street" and investors in general that they are offering a serious and realistic investment vehicle to the public. But in their defense, I have to say that their 18 month insider stock lock-up plan is a pretty cool step in the right direction and it does instill a great deal of investor confidence in me. Here's looking forward to tomorrow's press release exerting some upward pressure on this stock. Best of luck to all longs. We shall see what we shall see ... biff

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