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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (3968)	2/24/2000 8:13:00 AM
From: LANCE B	Read Replies (1) \| Respond to of 4792

TRY-THOUGHT YOU WOULD LIKE TO SEE THIS Treasury International (OTC BB: TREY): The stock was up 40% to finish at $0.56 with volume of 5,654 million shares, 5 times its 3-month daily average. The company today announced the launch of its Application Service Provider (ASP) strategy. ActiveRMS, an Internet-based Point of Sale and Retail Management Software system for Retailers, provides Compelis with the opportunity to develop a whole new level of marketing partner - the ASP. An ASP has the opportunity to not only provide the software, hardware, training & support (as in the case of the traditional reseller), they can now host the entire technology infrastructure in an outsourced web-based model, creating new revenue streams while lowering the infrastructure costs to the Retailer. According to the press release, the application service provider (ASP) market is expected to sizzle in the next few years. According to the information technology research firm IDC, companies spent $23 million in 1998 to have a third party host their applications. IDC predicts that the number will jump to $2 billion by 2003 with entire IS outsourcing topping $151 billion driven largely by small and medium-sized companies. As we reported in our research report, TREY story has not yet come out and come to the attention of the investment community. It's extremely undervalued when we consider its huge potential in the emerging and high growth industry. We think this is a compelling investment vehicle in the e-business field. We have an absolute ground floor opportunity to get in before the institutions and fund managers find the stock. As the stock has been over entry price at $0.30, the stock is rated "hold" with a short-term target price at $1.50 to $2. -------------------------------------------------------------------- Trader's Corner