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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Jim B who wrote (14670)8/27/1999 10:47:00 AM
From: wbASSETt  Read Replies (1) | Respond to of 108040
 
CMGI pooped out, but MSGI is keeping it's gain and is catching it's breath for another run after lunch
imho wb



To: Jim B who wrote (14670)8/27/1999 10:58:00 AM
From: 2MAR$  Read Replies (2) | Respond to of 108040
 
A little good PR for SYCD:
SyCoNet.com Retail Division Sales Soar At Comicon Convention
SyCoNet.com Retail Division Sales Soar At Comicon Convention; SyCoNet.com
Becomes Exclusive U.S. Distributor of Entire Anime Product Line


Business/Technology Editors

MANASSAS, Va.--(BUSINESS WIRE)--August 27, 1999--SyCoNet.com,
Inc. (OTC BB:SYCD), the leading U.S. distributor of Anime (Japanese
animated) videos and DVDs, today announced that sales of its retail
division Alternative Video Warehouse increased significantly at the
recent San Diego Comicon convention, and established the Company as
the sole distributor of all Anime product offerings.
SyCoNet.com's retail division Alternative Video Warehouse
witnessed phenomenal sales while attending one of the largest comic
book conventions this year Comicon in San Diego, CA from August 12th
through August 15th. The Company's retail sales increased 25% over
last year's participation. Alternative Video Warehouse also gained 22
key agreements with retailers to merchandise its Anime products. The
new specialty retailers include Lonestar, one of the nation's leading
comic chains, currently operating eight stores in Texas, as well as
Camelot Comics of Argentina.
Chief executive officer Sy Picon stated, "We are thrilled with
the response our retail division received at the Comicon convention.
Alternative Video Warehouse continues to draw impressive sales through
participation in conventions nationwide. Retaining over 20 new retail
outlets should greatly impact the Company's top line growth."
SyCoNet.com also announced it is the only United States
distributor to specialize in the entire Anime product line. The
Company keeps over 25,000 Anime videotapes from every available
manufacturer in its inventory, making SyCoNet.com the largest Anime
video distributor. Sy Picon commented, "Our entirely comprehensive
Anime product offering yields a significant advantage over other
suppliers and delivers superior convenience to the consumer, which
increases our orders and lowers customer turnover."
Alternative Video Warehouse will participate in roughly 25
conventions nationwide during 1999. For more information on purchasing
the Internet's lowest priced Anime videos, see www.altvidwar.com.
SyCoNet.com, Inc., formerly SyCo Distribution, Inc., distributes
Anime Japanese animated movies, including the enormously popular
Pokemon(r) video series, live action cult films, multimedia games and
software, DVDs, CDs, toys, apparel, and related merchandise to over
1,000 wholesale and retail accounts nationwide through two
high-traffic websites, a catalog, and direct sales campaigns.
Also see www.otcfn.com/sycd, www.altvidwar.com, and
www.sycodistribution.com

Forward-looking statements in this release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such forward-looking
statements involve risk and uncertainties, including without
limitation, continued acceptance of the Company's products, increased
levels of competition for the Company, new products and technological
changes, the Company's dependence on third-party suppliers,
intellectual property rights, and other risks detailed from time to
time in the Company's periodic reports filed with the Securities and
Exchange Commission.

--30--kc/bos*

CONTACT: SyCoNet.com OTC Financial Network
Sy Picon Geoffrey Eiten
703-366-3900 877-663-0266/781-444-6100 ext. 13
admin@altvidwar.com geiten@otcfn.com

KEYWORD: VIRGINIA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET

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