Could it be?
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BEST OF BFN NEWSLETTER
bizfn.com
April 26, 1999
A Business Financial Network Publication
bizfn.com
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Dear Best of BFN Subscriber-
In our quest to bring you exciting companies with what we believe to be
tremendous upside potential we search for companies that have yet to
attract the attention of Wall Street. Well, the stock we have found for
the May Stock of the Month is on nobody's radar screen...yet, that is.
This company is in the very exciting industry of audio and the internet and
is yet undiscovered. One of the only drawbacks to this company is that the
stock does not yet trade on the OTC BB.
The stock we plan to feature as the Stock of the Month for May now trades
on the "Pink Sheets." These are publicly traded stocks, but often ignored
by investors, even many small cap investors. These stocks also generally
have fewer market makers, and as a result, "Pink Sheet" stocks are often
less liquid and many stock quotes services do not even publish a bid/ask
quote. The stock we plan to feature has had modest volume over the past
week, which is solid in comparison to many Pink Sheet stocks. We also
have indications from the company that a OTC BB listing is imminent and
appropriate paperwork has been filed already.
So, it is our opinion, that the Pink Sheet status of the company is very
temporary. Small companies are risky investments and investors can realize
impressive profits, but also may suffer substantial losses. We would place
our upcoming Stock of the Month in the speculative corner, in part because
of its listing on the Pink Sheets. That being said, we think the stock
will offer early investors very promising upside potential to compensate
for the level of risk.
It is our opinion that the stock will trade on a more liquid and visible
exchange very soon. Investors who feel comfortable taking on a speculative
investment with a portion of their portfolio could be extremely well
rewarded by considering this upcoming featured stock before it trades on
the OTC and before it attracts a much broader audience of investors.
We had some healthy debate at Business Financial Network regarding the pros
and cons of investing in a stock before it trades on the OTC BB. We also
discussed the pros and cons of presenting such a company to you prior to
the change from the "Pink Sheets" to the OTC BB. It is our opinion, that
the temporary lack of liquidity will serve to the benefit of early
investors, so we want to tell our readers about this company as early as
possible. We do recognize the hesitation by some readers to invest in a
company before it hits the OTC, so we will send the report we are
finalizing to the premium list while the stock is still on the "Pink
Sheets." It is our plan to send the report to our full database of
investors as soon as the stock trades on the OTC or when we have an even
clearer picture of the timing of the listing.
We are in the final stages of completing the report on the company and may
have material to send to the Premium List as soon as tomorrow. So any
individuals not yet on the Premium List are encouraged to do so by visiting:
bizfn.com
By sending the report out early, while it still trades on the Pink Sheets,
we also hope to give investors bonus time to research the company before it
trades on a more liquid and visible exchange. We think you are capable of
following up our research with your own and we expect and encourage our
readers to do their own due diligence. You are unlikely to find many
newsletters presenting stocks to their readers while they are on the "Pink
Sheets." We feel this will serve to the advantage of our readers, because
we will truly fulfill our mission to bring you exciting stocks "Ahead of
the Street."
Best of luck in the markets!
- BFN Staff
Disclaimer
© Copyright 1999, Business Financial Network, Inc. All rights reserved.
This material is for personal use only. Republication and redistribution,
including posting to news groups, is expressly prohibited without the prior
written consent of Business Financial Network, Inc. The content provided
within Business Financial Network owned web sites is provided for
informational purposes only, and should not be construed as investment
advice. Employees and/or principals of Business Financial Network have
purchased shares on a voluntary basis in the open market and may buy or
sell shares in this company or others without prior notification depending
on market conditions and personal financial circumstances. Business
Financial Network, Inc. is not a Registered Investment Advisor or a Broker
/ Dealer. Readers are advised that this electronic publication is issued
solely for information purposes and is not to be construed as an offer to
sell or the solicitation of an offer to buy.
The opinions and analysis included herein are based on sources believed to
be reliable and in good faith but no representation or warranty, expressed
or implied, is made as to their accuracy, completeness or correctness. This
information is not intended to be used as the sole basis of any investment
decisions, nor should it be construed as advice designed to meet the
investment needs of any particular investor. The foregoing discussion
contains forward-looking statements which are based on current expectations
and differences can be expected.
Readers are urged to consult with independent financial advisors with
respect to an investment in the shares mentioned herein. Investors should
review a complete information package on the Company, which should include,
but not be limited to, the Company's annual report, quarterly report, press
releases, as well as all regulatory filings. All information contained in
this report should be independently verified with the Company mentioned
herein. Any opinions expressed in this report are statements of judgment as
of the date of publication and are subject to change without further
notice, and may not necessarily be reprinted in future publications or
elsewhere. Neither Business Financial Network, Inc. nor its officers,
directors, partners or employees / consultants accept liability whatsoever
for any direct or consequential loss arising from any use of this report or
its contents.
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