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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect -- Ignore unavailable to you. Want to Upgrade?

To: Jorjenzak who wrote (5229)	3/8/2000 11:33:00 AM
From: ocmayor	Read Replies (1) \| Respond to of 18222

ECNC NEWS MAR 08!!! Independent Financial Reports Announces 4th Investment Opinion on eConnect. CHICAGO, Mar 8, 2000 (BUSINESS WIRE) -- Independent Financial Reports Announces 4th Investment Opinion on eConnect. (OTC BB: ECNC) Independent Financial Reports, Inc. (IFR) is an independent research corporation dedicated to tracking the best values on the market. Most specifically stocks with the greatest potential for growth in the short and long term. eConnect's growth has performed equally or outperformed all stocks on the NASDAQ, NYSE, and AMEX's top ten for an entire week's trading, receiving the majority of its investments from institutional investors. And with yesterday's press release to 60 countries around the world in 12 different languages, eConnect will now capture the attention of institutional and private investors world-wide. In consideration of eConnect's ever increasing global recognition as the new powerhouse in the emerging technology sector, eConnect is very quickly rising to the target of $12 a share by 3/08/2000, and should easily reach $20 to $25 a share in the very short term. In the Wall Street Directory(Barchart.com), Market Research Inc. lists eConnect as a 100% BUY for Short, Medium, and Long Term with a composite indication of 100%. With a simple review of eConnect's technology it is very easy to see why it has generated such massive institutional and individual investments over the past week and why it should continue to grow rapidly over the next two weeks. eConnect will likely continue its growth steadily throughout the year with intermittent surges of rapid growth as it continues its progress in the World market. It's announcement with PalmPilot for the First-Ever Wireless Internet Terminal Link, after eConnect has already signed on several countries and their various financial institutions, establishes eConnect as clearly shaping Internet and financial technology in the new millenium. With it's global applications, eConnect could easily be trading at between $100-$135 a share within the next 9-12 months of trading. As eConnect is aggressively creating a market dependent upon it's technologies, IFR recommends all who have not already done so to review eConnect's technologies at their two primary web sites www.econnectholdings.com and www.powerclick.com. IFR holds no stock in eConnect and has not and will not be compensated for its opinion in regard to eConnect. IFR's opinion is based on publicly available information. Certain statements in this opinion contain forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934, and as contemplated under the Private Securities Litigation Act of 1995, and are subject to the safe harbor created by those sections. All statements, other than statements of facts, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company are forward-looking statements that involve risks and uncertainties. The above article contains the opinion and research of Independent Financial Reports, Inc. Distributed via COMTEX. Copyright (C) 2000 Business Wire. All rights reserved. CONTACT: Independent Financial Reports, Inc. (IFR), Chicago Reagan Wilks, 323/856-0030 Fax: 323/871-9940 E-mail: IFRwallstreet@aol.com KEYWORD: ILLINOIS INDUSTRY KEYWORD: INVESTMENT OPINION Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com