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Technology Stocks : The Application Service Provider (ASP) -- Ignore unavailable to you. Want to Upgrade?

To: G.F. who wrote (6)	6/16/1999 12:24:00 AM
From: G.F.	Read Replies (1) \| Respond to of 87

From FLNKD's 10Q: FUTURELINK DISTRIBUTION CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS March 31, 1999 and 1998 (unaudited) NOTE 1. BASIS OF PRESENTATION The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the financial statements, the Company has an accumulated deficit amounting to $10,432,780, a working capital deficiency of $1,534,882 and total net operating cash outflows of $2,511,543. The Company has also violated its working capital ratio relating to its credit facility. The Company's continuation as a going concern is in substantial doubt and dependent on its ability to generate sufficient cash flow to meet its obligations on a timely basis, to obtain additional financing as may be required, and ultimately to attain successful operations. However, no assurance can be given at this time as to whether the Company will achieve any of these conditions. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern for a reasonable period of time. During the period from March 31, 1999 to May 10, 1999, management has raised $8,663,500 gross proceeds of additional capital in the form of convertible debentures and promissory notes which has enabled the Company to eliminate its working capital deficiency and remedy the violation of its credit facility. The Company's recent registration with the Securities and Exchange Commission is also expected to increase the Company's growth and expansion opportunities. HMMMMM. GF

To: G.F. who wrote (6)	6/23/1999 7:52:00 AM
From: Len Hynes	Read Replies (2) \| Respond to of 87

Hi G.F. I have been researching the ASP industry for a future investment and it looks like this industry is "ripe for lift-off".The ASP sector is forecasted to explode to $21 billion in annual revenues in the next couple of years.The potential rewards for getting in on the ground-floor of this sector could be enormous. In researching "first-mover" companies in this sector, I came across a very interesting article featuring a company called Infocast Corp. (IFCC-OTCBB).Would be worth your time taking a moment to read this "powerful article". Here is the link : www.internetwire.com In the archives box type in IFCC.....use capital letters...and view the article. Enjoy the reading! Len