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Technology Stocks : ECEC (formerly USSP)

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To: Rcerejo who wrote (145)4/12/1999 12:37:00 AM
From: Rcerejo  Read Replies (1) of 361
 
Interesting news from RB boards
I was just going through the raging bull boards and found this interesting post. I will supply the link.

ragingbull.com

This original e mail was going around last week by someone named Griswold. Well someone forwarded the post to David Panaia and he responded saying that the information was true. Griswold was saying that he had talked to Panaia and that a deal was in the works with Lycos and Yahoo. Also that is where the rumour of the $8 million loan from investors came from. Interesting that he will be interviewed by Time magazine. I will have to e mail Panaia and find out when the article will be out (dave@usas.com).

So to summarize (based on the e mail from Panaia):
1. A Yahoo and Lycos advertising deal should come out on the business wires this week (probably Monday or Tuesday IMO).
2. EcomEcom.com is signing on people at a rate of 1 per minute.
3. Panaia will secure an $8 million loan from investors on Monday for further development of his auction site.
4. Panaia will be interviewed by Time magazine regarding the auction site.

If this is all true then we will be very happy investors come April 29. Good luck to everyone.

Rui
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