To: Wayne Rumball who wrote (1 ) 9/15/1999 1:02:00 PM From: Mike Grove Read Replies (1) | Respond to of 4
I got this via the Stock Alert Newsletter. Take if for what it's worth... Hope it helps.. Mike LERT: September Stock Recommendation Issued at Market Close Current Stock Price: $10.00 Target Price: $25.00 to $30.00 Key Points in September Stock Recommendation: YLNE YouthLine USA, Inc. (YLNE) provides child and educator-oriented multimedia content development, content aggregation, packaging and distribution services. YouthLine USA Inc. meets the school, library and home market needs by providing value-added educational and entertainment multimedia products and services as well as a safe, secure and productive Internet-based educational services for K-12 teachers, librarians, parents and their students. YouthLine USA originated as a unique children?s weekly newspaper and is now entering its third year of operations. In addition, YouthLine USA is in the process of expanding rapidly through an aggressive acquisition program. In fact YouthLine USA is in the process of acquiring up to 7 companies. From a valuation standpoint, YouthLine USA , Inc., is presently priced at about $10.00 per share. We believe the stock deserves a substantially higher valuation because of the proprietary position the newspaper commands in both subscribers and schools, as well as the enormous potential for expansion. This, coupled with the acquired synergistic seven companies with promising growth prospects suggests the stock price is capable of rising in to the $25-$30 a share range based on next year?s forecasts. This seems quite reasonable in light of the majority of Internet based companies which routinely sell at prices equal to 10 to 30 times revenues. Thus, it appears to us, that the stock could move up several fold from current levels over the course of the next 12 months. ?.Accordingly, we are issuing initiating an aggressive purchase recommendation at current levels for sophisticated investors seeking capital gains, and are accustomed to the customary risks associated with a relatively young, and rapidly growing company. Key Points: 1) YouthLine is an Internet related company with existing revenue. 2) YouthLine currently has over 125,000 subscribers to its weekly Children?s newspaper and expects to have over 500,000 next year. Currently there is no Competition in this area. 3) YouthLine?s management team has held executive positions in the following companies: AT&T, Xerox, Bell Atlantic, Reuters, ADG Plus and Bug Online Inc. 4) Earning Per Share are projected to be $2.00 in 2001 and $5.00 in 2002 thus suggesting significant upside potential for the stock. 5) YouthLine is aggressively acquiring companies. (Two in the past month.) 6) YouthLine is the first company to enter the field with all the necessary pieces in place. Recent acquisitions enhance the corporate growth potential significantly. FULL BUY RECOMMENDATION BELOW: YouthLine USA: Desert West Investment Research Issues 'Aggressive-Strong BUY' Recommendation for YouthLine USA LAKEWOOD, N.J., Sept. 3 /PRNewswire/ -- YouthLine USA, Inc. (OTC Bulletin Board: YLNE <http://finance.yahoo.com/q?s=ylne.ob&d=t> - news </n/y/ylne.ob.html>) today announced that Steven B. Reid of Desert West Investment Research has initiated analyst coverage with an Aggressive-Strong BUY recommendation. Mr. Reid's target price range for YouthLine is $25 to $30 per share for the coming twelve months. Reid is forecasting exceptional growth in per share earnings and has little doubt that this company is capable of exceeding his projections. The complete research report can be accessed at <http://www.i-ops.com/moebius>. YouthLine USA, Inc. publishes a children's newspaper and provides value-added educational and entertainment multimedia products and services. These services are provided through a safe and secure Internet-based educational medium for students from kindergarten through grade 12, as well as teachers, librarians, and parents. This release is covered under the "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain information includes forward-looking statements that involve a number of known and unknown risks and uncertainties. The Company's actual results, performance or achievements may differ materially from any future results, performance, or achievement expressed or implied in any forward-looking statement. SOURCE: YouthLine USA, Inc.