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

To: Norms who wrote (15087)	9/3/1999 1:20:00 PM
From: LANCE B	Read Replies (2) \| Respond to of 108040

NORM -HERE IS THE NEWS ON MEHO I WAS REFERRING TO; To: SSP (9013 ) From: LANCE B Friday, Sep 3 1999 1:18PM ET Reply # of 9015 GUYS CAN NOT SAY YOU WERE NOT TOLD LAST WEEK TO WATCH... MEHO- read old news...this stock just opened for trading with bid/ask showing on wednesday...was only 1 mm on the stock at .25 x .625,since then 2 more mm have come and bumped the bid up and the ask has since gone up...I.M.O opinion judging from everything they have this is an easy 2.00 stock judging from lack of shares out there.. With the acquisition of the Capnet Group of Companies, there are now five operating divisions of the company: -0- 1. Bidfair.com. An Internet online auction and classified advertisement retailer. 2. Bolingo.com. An Internet retailer of high-technology products such as computer accessories, hardware and software. 3. Capnet.com: Capnet Gateway Online Services Capnet Electronic Drug Store Capnet Document Archiving Capnet News Service 4. PricePickers.com and PricePickers.net. Internet shopping retailers. 5. Capnet.IPA. Health-care transactions. The company generated revenues from operations of $639,892 during the six-month period ended June 30, 1999, compared with revenues from operations of $165,239 during the six-month period ended June 30, 1998. This represents an increase in revenues of 387% from the year earlier. The acquisition of the Capnet Group of Companies was completed on May 25, 1999. The financial statements for the periods ended June 30, 1998, and June 30, 1999, include the consolidated operations. The company recorded a net profit from operations of $107,837 during the period ended June 30, 1999, compared with a net operating loss of $125,829 during the period ended June 30, 1998. Cash and cash equivalents totaled $71,130 at June 30, 1999, compared with $7,889 at June 30, 1998. The increase in cash was due to the acquisition of the Capnet Group of Companies. The company had net working capital of $237,948 at June 30, 1999, compared with $10,467 at March 31, 1999. This increase in working capital was due to the restructuring of the long-term liabilities, infusion of additional capital and the reduction of accounts receivable. Management anticipates that general operating expenses will continue to remain constant or decrease slightly due to the fine- tuning of operations. The company incurred a profit of $71,212 for the second quarter of 1999, as compared with a profit of $36,625 for the first quarter. This profit, lower than anticipated, was due to the amount of time, effort and resources that were required to complete the acquisition on May 25, 1999. There are no seasonal aspects of the company's business that had, or are expected to have, a material effect on the financial conditions or results of operations. ------ Previous \| Previous \| ------ \| Edit your message \| View SubjectMarks Bookmark this Subject Discussion \| People \| MetaCrawler Subject Titles Only Full-Text This Subject Only

To: Norms who wrote (15087)	9/3/1999 1:36:00 PM
From: LANCE B	Respond to of 108040

ICGI- JUST BOUGHT ON A WALKDOWN AND GREAT NEWS OUT.. THAT IS A BARGAIN,.. (COMTEX) B: iCommerce Group's Co-Developed CutThePrice.com Auction an B: iCommerce Group's Co-Developed CutThePrice.com Auction and Discount Retail Site Goes Live; Innovative Discount Retailing Site Officially Open as of 12:00 p.m. Friday KNOXVILLE, Tenn., Sep 3, 1999 (BUSINESS WIRE) -- iCommerce Group Inc. (OTC BB:ICGI) Friday reported that CutThePrice.com (http://www.CutThePrice.com), an innovative Internet auction and discount retail site which it co-developed with the nationally distributed magazine WEBBOUND. CutThePrice officially opens Friday at 12:00 p.m. CutThePrice has been designed to bring together the best aspects of direct response marketing and discount and closeout retailing to create a unique bargain-driven e-commerce entity. iCommerce Group Inc. is a sales and marketing organization that specializes in the development and operation of various Internet sites. The company has generated millions of dollars in sales since it began operating via the Internet. For more information regarding i-Commerce Group Inc., its products and services, please visit the company's corporate web site at i-cgi.com. Statements about the company's future expectations, including future revenues and earnings, and all other statements in the press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results could differ materially from expected results. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: iCommerce Group Inc., Knoxville J.D. Jenkins, 423/584-3398, ext. 3120 jd@i-cgi.com