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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (25317)2/2/2000 10:38:00 AM
From: ErnestPoe  Read Replies (1) | Respond to of 52051
 
SW, CHECK OUT WIZZF!!! MOVING NICELY ON GREAT EARNINGS!!

WSi Interactive Corporation - Announcement


VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 2, 2000--WSi Interactive exceeds second quarter revenue target by 89% and has realized a YTD profit of $796,000.

WSi Interactive Corporation is pleased to announce that it has exceeded its second quarter revenue target for the three months ended Dec. 31, 1999.

Revenue of $2,086,111 beat the company's planned target of $1.1 million for the quarter and has realized a year to date profit of $796,000.

Year to date revenue of $2.9 million compares very favorably to the YTD plan of $2.15 million.

During the second quarter, WSi continued to focus its investment on the development of proprietary Internet businesses. Several key staff positions were filled in the technology area and significant investment has been made in software and hardware. Assets grew from $2.3 million to a value of $3.9 million.

Enhancements were made to several of WSi's proprietary Internet businesses and significant improvements were made to content.

A priority during the period was the development of Targetpacks.com. WSi considers Targetpacks to be of significant strategic importance to its overall plan as it serves to manage and market all of the opt-in e-mail databases of WSi's proprietary businesses and realize this important revenue source. Targetpacks also manages the databases of other dot-com companies.

Increasing revenue from Stocksecrets.com, Yourwinestore.com, Healthcreator,com, Targetpacks.com and steady revenue from WSi's direct marketing and web services divisions, means that WSi is trending well toward its current fiscal year goal of $6 million in revenue.

The Business of WSi

WSi Interactive Corporation is an innovative Internet business development and marketing firm, whose objective is to capitalize on direct marketing opportunities on the Internet. WSi builds, manages and markets online businesses in the financial, e-tailing and e-commerce, entertainment and e-advertising sectors.

To receive information on WSi by e-mail or fax, please forward your Internet address / fax no. to info@ws-i.com / fax: 604 687 4990.

To fax your request please complete the following

NAME: ----------------------------------------------

COMPANY: ----------------------------------------------

e-mail address:----------------------------------------------

PHONE no.: ----------------------------------------------

FAX no.: ----------------------------------------------

Send by: E-mail or fax: yes / no. Or: e-mail only: yes / no

WSi INTERACTIVE CORPORATION

Toll free: 1-888-388-4636

Telephone: 1-604-681-8589

Fax: 1-604-687-4990

Website: ws-i.com

ON BEHALF OF THE COMPANY

"Theo Sanidas"

Theo Sanidas, President

This news release may contain forward-looking statements that involve risks and uncertainties, including the impact of competitive products and pricing and general economic conditions as they affect the Company's clients. Actual results and developments may therefore differ materially from those described in this release. No regulatory authority has reviewed nor accepted any responsibility for the adequacy or accuracy of the contents of this release.

CONTACT:

WSi Interactive Corporation, Vancouver

888/388-4636 or 604/681-8589

KEYWORD: INTERNATIONAL CANADA

BW1419 FEB 02,2000

6:17 PACIFIC

9:17 EASTERN



To: Stock Watcher who wrote (25317)2/2/2000 10:40:00 AM
From: interesting man  Read Replies (1) | Respond to of 52051
 
Im not sure if anyone has mentioned CNLG, but they have a book value of .97 and only around 6 million shares outstanding. Also liked this news release yesterday.CNLG only trading at $1 1/2

biz.yahoo.com