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Gold/Mining/Energy : Canadian Hot Stock Club - CHSC -- Ignore unavailable to you. Want to Upgrade?


To: cash money who wrote (1259)1/23/2000 10:07:00 AM
From: John Fairchild  Read Replies (1) | Respond to of 1307
 
Icron - ICM. Interesting situation. The company has developed a technology for extending USB connectivity beyond the current limits of 5 meters to 100 meters. ExtremeUSB is currently being Beta tested by all the big name companies - 60 Fortune 100 including Intel and Microsoft - with non-disclosure agreements.

Currently in the process of divesting its manufacturing division which is profitable and appears to be seeing strong gains quarter over quarter. They are giving up this cash cow and the security of owning the manufacturing division to concentrate entirely on their USB technology a decision which implies confidence in the new USB products and their market. The manufacturing division is being sold to a group of investors led by Doug Kind the company founder and ex CEO. So what has happened in the market is Doug Kind and his friends have been selling their ICM shares. Last week ICM was the 10th most active trader on the CDNX and their share price is climbing significantly despite the selling (closed Friday @ .68, up .25 from previous Fri.)

Their recent private placement for $500k got oversubscribed to $1 mil and they still turned away investors (no NR issued as yet on the closing of the PP but I am told it closed last week).

linked is a new business plan - Jan 2000

Message 12651075

icron.com

John



To: cash money who wrote (1259)2/17/2000 6:21:00 PM
From: Rocket Red  Read Replies (1) | Respond to of 1307
 
Cash Money
Check out Ccg on Cdnx as you have 6 Trading days to Buy before she explodes.

Cheers.