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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (20713)12/1/1999 1:39:00 PM
From: Bram12345  Respond to of 25711
 
Both, very positive Earnings and news on the home loan web site opening today on IBUI should get this stock moving:

dljdirect.com

biz.yahoo.com




To: Joe Copia who wrote (20713)12/1/1999 1:55:00 PM
From: C. McD  Respond to of 25711
 
Joe, here's some Q&D DD on DNCC:
Message 12156458



To: Joe Copia who wrote (20713)12/1/1999 10:45:00 PM
From: Jon  Read Replies (1) | Respond to of 25711
 
Joe, still holding ? :=)

VMAX News :

CHICAGO, Nov 30, 1999 (BUSINESS WIRE) -- Sonoma Financial Corporation/VictorMaxx
Technologies, Inc. (OTCBB:VMAX) the largest payday advance operator in the greater
Chicago area, announced today the combined payday operations in Illinois and Indiana have
reached 50 store locations and will have 55 before year end. The Illinois subsidiary Payday
Check Advance Inc. operating under "Payday Express", grew from 23 locations January 1st
to 46 locations today. Four additional locations are under lease and will open before the year
is out. The Indiana subsidiary, The Money Market Inc., acquired in May with two locations
has now doubled to 4 with one additional location set to open in the next few weeks.

Payday Check Advance Inc. and The Money Market Inc. operate a chain of stores that
provide convenient, low documentation, short term consumer loans to qualified applicants.
The Company has grown from 2 stores in 1997 to a chain with 50 locations today.

Frank Anthony Contaldo, CEO of Sonoma Financial Corp. stated, "1999 has been a year of
fast-growth for our Payday subsidiaries. We've continued our expansion into new territories
and have moved to increase market share in established ones. Our growth strategy has
produced record single month revenues in October and we expect a busy holiday season."

A complete investor package for Sonoma Financial is available at
e-relations.com

About Sonoma Financial Corporation: Sonoma Financial Corporation is a financial services
company that owns and operates a chain of stores devoted to providing low documentation,
short-term consumer loans. The company intends to become the national leader in the
"Payday Loan" market by strategically opening new stores, penetrating new markets and by
chain acquisition. Sonoma Financial is currently the only publicly traded company with a
sole focus on 'payday advances'. Ace (NASDAQ:AACE), First Cash Financial Services
(NASDAQ:FCFS) and Pinnacle Business Management (OTCBB:PCBM), have proven the
viability of the concept in other markets, but are not specifically focused in this area.

Safe Harbor Disclaimer: This release may contain certain forward-looking statements
regarding the Company's expected performance for future periods, and actual results for such
periods may materially differ. Such forward-looking statements involve certain risks and
uncertainties, including but not limited to risks of changing market conditions in the overall
economy and the industry, consumer demand, additional financing requirements, the
opening of new stores, the success of the Company's acquisition strategy and other
uncertainties detailed in the Company's filings with the Securities and Exchange
Commission

Any comment ?

Jon



To: Joe Copia who wrote (20713)12/2/1999 9:08:00 AM
From: InOverMyHead  Read Replies (2) | Respond to of 25711
 
Joe,

Just wanted to say thank you for getting me into CDNO in June. It looks like it's finally going to pay out!!

IOMH :o)

quote.bloomberg.com

CONS. CAPITAL OFFERS TO EXCHANGE DEBT, PREFERRED STK FOR COMMON


(The following is a reformatted version of a press release issued by
Consolidated Capital of North America, Inc.)
Consolidated Capital of North America, Inc. Announces Exchange Offer of Common
Stock for Debt and Acquisition Strategy.

Denver, December 1, 1999. Consolidated Capital of North America, Inc.
(OTCBB: CDNO) announced today that its Board of Directors has authorized a
private offer to its creditors to exchange its outstanding parent-company debt,
preferred stock and other payables of up to $15 million for shares of its common
stock at an exchange price of two cents ($.02) per share. These shares will
bear restrictive legends pursuant to Rule 144, which in most cases requires a
one year holding period before the shares will be freely transferable pursuant
to such Rule.

In light of the fact that the Company's three operating subsidiaries are in
liquidation and the Company had ceased operations earlier this year, the Company
believes that the most likely prospect for the Company's financial revival at
this time is to negotiate the acquisition of the Company by, or other
combination of the Company with, a private business that desires to become
publicly traded in the U.S. securities markets. However, this strategy will
only succeed if the Company is free of any significant contingent liabilities
such as litigation, claims or material creditors that have not reached agreement
with the Company to exchange their debt obligations for equity in the Company.

Management of the Company has developed such an opportunity with a newly
organized United Kingdom based internet/telecommunications company, to be called
"European e Commerce" Limited ("EEC"). The Company's Board of Directors has
authorized the execution of a preliminary, non-binding letter of intent relating
to such transaction. However, there is no certainty at this time that this
acquisition will be successfully completed. The consummation of the proposed
acquisition will be subject to several material conditions precedent, which will
have to occur to the satisfaction of EEC. These include, but are not limited
to, the negotiation of a definitive acquisition agreement, the Company being
free of all material debts, a due diligence investigation by EEC with no
material issues discovered, the raising of in excess of $10,000,000 in new
investment capital by the Company, and the obtaining of necessary waivers and
consents from third parties, including the Company's shareholders. It is
anticipated that a meeting of shareholders will be required to approve certain
aspects of the proposed transaction if a definitive acquisition agreement is
negotiated between the parties. Further, it is anticipated that an affiliate of
management of the Company will be compensated by EEC or the Company if the
transaction is successfully completed.

Statements made in this press release may constitute forward-looking
statements and are subject to numerous risks and uncertainties, including the
failure to successfully complete the exchange offer or the acquisition, the
Company's future capital needs, the Company's ability to prevail in litigation,
the Company's ability to obtain additional funding and required regulatory
approval, the development of competitive businesses by other companies, and
other risks detailed from time to time in the Company's filings with the
Securities and Exchange Commission. Therefore, the actual results of the
Company's efforts may differ materially from those described in this press
release.

Contact: Richard Bailey, President, (310) 265-4404.