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Microcap & Penny Stocks : FutureMedia (FMDAY) UP 33.33% to 1/2, Earnings soon out

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To: Stefan Habermayer who wrote ()4/21/1999 3:18:00 PM
From: Jbenz0  Read Replies (1) of 21
 
from CBS Marketwatch, cbs.marketwatch.com
For viewers of this StockWatch column, the best Internet investing advice might be to think small and hope for big things. One undiscovered U.K. Internet company, Futuremedia Plc (fmday: news, msgs), trades on Nasdaq with a microscopic market capitalization of $15 million. The company, which is located outside London, says its product, Solstra, lets companies such as Ericsson (ericy: news, msgs) and Ford Motor (f: news,msgs) distribute knowledge programs to their employees and customers via the Web. British Telecommunications (bty: news, msgs) jointly owns and markets Solstra. Futuremedia shares sell for about 75 cents U.S. Yearly sales for the company are running about $2.4 million.
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