Bridge Technology Group Announces Investment Opinion
NEW YORK (May 24) BUSINESS WIRE -May 24, 1999--
Bridge Technology Group LLC Separately Brands Its Online
Research Portal Smallcaps Online; Recommended List
Up 106% Since Inception, 88% YTD
SmallCapsOnline.com Provides Investment Research on
Small-Cap Companies via the Internet
Bridge Technology Group LLC announced today that it has separately
branded its online investment research division SmallCaps Online LLC, a
registered investment advisor. All of the Company's investment research
are available at the online small-cap equity research portal:
www.SmallCapsOnline.com. The SmallCaps Online Recommended List of
compelling small-cap investment opportunities is up 106% since
inception on October 14, 1998, and 88% year to date, on a time-weighted
average basis. Additionally, the 30-day average trading volume of the
recommended companies is up an average of 111% in comparison to trading
volume prior to initiation of coverage.
The SmallCaps Online research portal, formerly www.BridgeNYC.com, is a
leading destination website and equity research portal for online
investors interested in small-cap investment opportunities. Based on
positive user feedback, the site has been enhanced over the past
several months to provide online investors access to SmallCaps Online's
proprietary research reports and financial models, online SEC
documents, stock quotes and charts, and access to the individual
companies' websites with the simple click of a button. Visitors to the
site are kept abreast of all current news and research on the covered
companies, through the daily-updated "Today's Hot Hot News" feature of
the website, as well as provided easy access to online trading
companies and market commentary sites. Online households can get timely
email updates on research and company news by joining the "opt-in"
email list at the website.
Steven H. Rouhandeh, Chairman of SmallCaps Online stated, "According
to recently published data, over 20 million households now do their own
investment research over the Internet and over 6.3 million households
have online trading accounts. More importantly, these online investors
are beginning to pull monies out of mutual funds and are actively
managing a larger portion of their portfolios in individual stocks. By
branding our research portal SmallCaps Online, we hope to broaden our
reach to this growing online audience who are actively seeking
high-quality long-term equity investment ideas."
"One result of the prolonged bull market and the flood of new capital
into equity funds has been a trend to invest in larger companies and
sell-off, almost indiscriminately, small-cap companies," stated Jeffrey
B. Davis, President of SmallCaps Online. "We believe the online
household, through diligent analysis, can find extremely compelling
investment opportunities in the small-cap segment of the market. We
seek the undiscovered, or 'institutionally orphaned' companies, that
are fundamentally undervalued, and represent long-term investment
opportunities for investors. SmallCapsOnline.com is designed to assist
sophisticated online analysts and investors with that diligence
effort."
SmallCaps Online is currently recommending the following stocks: ACTV,
Inc. (Nasdaq: IATV), Access Pharmaceuticals, Inc. (OTC BB: AXCS),
Advanced Tissue Sciences Inc. (Nasdaq: ATIS), AMBI Inc. (Nasdaq: AMBI),
ARIAD Pharmaceuticals, Inc. (Nasdaq: ARIA), Cell Therapeutics, Inc.
(Nasdaq: CTIC), CTC Communications Corp. (Nasdaq: CPTL), Cubist
Pharmaceuticals, Inc. (Nasdaq: CBST), Cypress Bioscience, Inc. (Nasdaq:
CYPB), CytRx Corporation (Nasdaq: CYTR), Exigent International, Inc.
(Nasdaq: XGNT), Futurelink Distribution Corp. (OTC BB: FLNK), HemaCare
Corporation (OTC BB: HEMA), Medarex, Inc. (Nasdaq: MEDX) and Valentis,
nc. (Nasdaq: VLTS).
SmallCaps Online LLC is a registered investment advisor focused on
identifying emerging growth companies in the healthcare and information
technology sectors that offer compelling investment opportunities over
the long term. By providing comprehensive financial services, including
corporate finance, M&A advisory, strategic partnering, online financial
investor relations and Internet communications consulting, the company
positions itself to provide a fully integrated package of value-added
services to emerging growth companies. SmallCaps Online LLC is an
affiliate of Bridge Technology Group LLC.
The information in this press release has been obtained from sources
that SmallCaps Online LLC believes to be reliable, but the Company does
not guarantee its accuracy or completeness. Neither the information nor
any opinion expressed constitutes a solicitation by SmallCaps Online
LLC for the purchase or sale of any securities. SmallCaps Online LLC
may have performed investment banking, consulting or other services for
and may solicit investment banking, consulting or other business from,
any company mentioned in this release. SmallCaps Online LLC or persons
associated with SmallCaps Online LLC may at anytime be long or short
any of the securities referred to herein and may make purchases or
sales thereof while the Company's reports are in circulation or posted
on the SmallCaps Online LLC web site at www.SmallCapsOnline.com. This
material, or any portion thereof, may not be reproduced without prior
permission from SmallCaps Online LLC. SmallCaps Online LLC is not
responsible for the contents of this document that is intended for
electronic transmission and could be thus subjected to tampering or
alteration. Copyright (c) 1999 by SmallCaps Online LLC. All rights
reserved.
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CONTACT: SmallCaps Online LLC, New York
Steven H. Rouhandeh / Jeffrey B. Davis
Phone: 212/554-4158
Fax: 212/554-4058
info@SmallCapsOnline.com
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