To: Jim Bishop who wrote (17070 ) 12/15/1999 2:06:00 PM From: Mr Metals Respond to of 150070
BIG NEWS FOR WSST Applies to -- WSST Wall Street Strategies Will File a Form 10 With the SEC; 1999 Revenues Exceed Company's Expectations Wall Street Strategies Will File a Form 10 With the SEC; 1999 Revenues Exceed Company's Expectations NEW YORK, Dec 15, 1999 (BUSINESS WIRE) -- In keeping with Wall Street Strategies' plans to become a fully reporting company that will be eligible for trading on NASDAQ, the company announces that it will now file its Form 10, along with all other appropriate filings, to the SEC EDGAR System. "We think that financial transparency is an extremely important concept, both from an industry standpoint as well as from the point of view of our shareholders," said Shawn Baldwin, Chief Operating Officer. "We are excited that our 1999 results will reflect a 92% increase in revenues, year over year, surpassing even our most optimistic estimates. The rapid growth is directly attributable to three things: the leadership of our CEO, Charles Payne, the effectiveness of our analyst corps in identifying superior investment opportunities, and a highly motivated sales force. This trend confirms the need in the marketplace for the type of research ideas we generate and bodes well for our planned Internet product offerings." The company plans to roll out its new web site in January 2000. The site will be geared towards online investors and will make Wall Street Strategies' unique brand of equity advice available on a large-scale basis for the first time. Wall Street Strategies fills the void of effective, timely, and truly independent market commentary and stock selection advice. Its services are designed to identify buying and selling opportunities in the stock market and offer an alternative to traditional brokerage research. The company is focused on providing subscribers with moneymaking ideas on a daily basis. About Wall Street Strategies (OTCBB:WSST) Wall Street Strategies, Inc has been successfully providing timely, effective equity advice and proprietary financial intelligence since 1990 to money managers, brokers, and individual investors, and has over 4000 current subscribers from more than 250 brokerage firms. The company is currently developing an online solution for independent-minded investors who now have the tools to trade like professionals, but lack credible guidance in identifying buying and selling opportunities in the stock market. Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: Wall Street Strategies Mike Feeney at 212/514-9500 www.wstreet.com WEB PAGE: businesswire.com GEOGRAPHY: NEW YORK INDUSTRY CODE: BANKING Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.