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Microcap & Penny Stocks : STPX--Stupid PC --- The Jeff Foxworthy of PC Sales -- Ignore unavailable to you. Want to Upgrade?

To: Jim P who wrote (50)	10/14/1999 12:06:00 AM
From: Jim P	Read Replies (1) \| Respond to of 52

(Applies to: STPX) First Atlanta Securities, LLC Announces Investment Opinion on StupidPC ATLANTA, Oct 13, 1999 (BUSINESS WIRE) -- First Atlanta Securities, LLC announced that it has initiated coverage of StupidPC, Inc. (NASDAQ OTC BB: STPX). STPX, headquartered in Atlanta, sells Personal Computers, Notebooks and related equipment under the name sTupidPC. Prices of STPX's computers range from $600 for the base model up to $4,000 for its top of the line notebook. Highlights from the report: First Atlanta Securities believes that STPX has a put together a strong business plan that will enable it to successfully move forward. Based on the Company's strategic alliances with large technology companies, as well as a new e-commerce site for sales of its computers, First Atlanta Securities believes that STPX is set to turn into a profitable Company by Fiscal Year End 2000. In addition, First Atlanta Securities feels that the Company would be fairly valued trading at 3 times FYE 2000 estimated revenues of $12.8 million, giving it a target price of $5.50 to $6.00 over the next 6 months, and a 12-month price target of $9.00 to $11.00. THIS RELEASE HAS BEEN ISSUED BY FIRST ATLANTA SECURITIES, LLC, A REGISTERED BROKER-DEALER AND MEMBER OF NASD AND SIPC. Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: First Atlanta Securities, LLC Nils Thompson, 770/951-9700 nrt@firstatlanta.com or Piedmont Consulting Keith Fetter, 770/233-6999 piedmont-consulting@msn.com WEB PAGE: businesswire.com GEOGRAPHY: GEORGIA INDUSTRY CODE: INVESTMENT OPINION Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.