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Technology Stocks : VCSY Vertical Computer -- Ignore unavailable to you. Want to Upgrade?


To: StarMan365 who wrote (50)2/24/2000 4:58:00 PM
From: LORD ERNIE  Respond to of 89
 
Look at the news:

Vertical Computer Systems, Inc. Owns 25.2% Stake in French Shopping Portal Provider Externet World Sarl

LOS ANGELES, Feb 24, 2000 (BUSINESS WIRE) -- Vertical Computer Systems, Inc.
(OTC:VCSY) announced today that it now owns 100% of Externet World, Inc., and as
a result, owns a 25.2% interest in French shopping portal provider Externet
World Sarl, a French Corporation.

Externet World Sarl's primary French shopping portal is Chrono-shop.com located
at chrono-shop.com and is also available from Shopping Internet.Fr
located at shoppinginternet.com. Externet World Sarl currently
employees 65 people in France, and had approximately US $2,000,000 in unaudited
revenues for the period ending December 31, 1999.

Richard Wade, president, stated: "Developing a relationship with an established
shopping portal in France is a major accomplishment for Vertical Computer
Systems and will aid the Company in bringing its own French portal into the
marketplace in the near future. France is currently one of the most difficult
regions in the world to establish an Internet presence due to the country's laws
and specific selling restrictions. We felt it necessary to enter now before
other portals attempt penetration and felt Externet World Sarl was the proper
vehicle due to their large Internet staff and established French presence."

About Vertical Computer Systems:

Vertical Computer Systems, Inc. is a multi lingual portal provider, and
e-commerce solutions company, based in the United States. The Company provides a
full range of Internet services that include building e-commerce solutions
nationally and internationally, distributing content via its multi lingual
portal network (http://www.TheChinaBridge.com); and Internet Services
thepostmaster.net). Through its majority-owned subsidiary, Externet
World, Inc., the Company provides online shopping services
(http://www.ShoppingInternet.com) and proprietary online gaming software
(http://www.ccpsoftware.com). Vertical Computer Systems is committed to building
e-commerce communities allowing the development of the Internet in the Americas,
Europe, Asia and Pacific Rim.

This material was disseminated by The Hawke Group, Inc. ("Hawke") for the
Company discussed herein, based upon Company supplied information or other
sources believed to be reliable. The information is not guaranteed by Hawke for
accuracy or to be all inclusive. Forward-looking statements in this release are
made pursuant to the Safe Harbor provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are subject to certain
risks and uncertainties and actual results could differ from those discussed.
This material is information only and is not an offer or solicitation to buy or
sell the securities. Hawke, its affiliates, and/or its officers, directors and
employees may from time to time have a position in these securities. Vertical
Computer Systems, Inc. has retained The Hawke Group as a Financial Public
Relations Consultant for the option to purchase 30,000 shares of restricted
stock at .05 per share.




To: StarMan365 who wrote (50)2/24/2000 10:58:00 PM
From: Ronald P. Margraf Sr.  Respond to of 89
 
Hi Starman,

Well I sold out the rest of my position today. Made a good buck on it. A triple. Is 2 a good buy, yes. Will it still go to 6, I think so.;-))) I'm still trying to determine if this is a T/A trader or is this just a gut play. The fundamentals are good as I see it. The T/As are just a tool. It hasn't been determined at this point if it is a T/A play or not. I would guess not. Now even though I sold out doesn't mean that this will not go to 6. I still think this is a 6 banger but do to certain circumstances I had to take the profit that I made. Now that certain obligations have been fulfilled, I will probably look for an opportunity to get back in. Maybe I will get that chance and then maybe not. We will have to wait and see.

Now what I will say to you is that this is going to be very volatile so be careful. You need nerves of steel and confidence in the stock and where you think it is going to go.

The T/As are marginal. Could go either way. Tomorrows trading should give us an indication as to what we could look for in the next few days. This might take a few hits before it takes back off and moves to the 6 level. When I say 6, it has to close there and not touch it.

Catcha on the upside,

Ron