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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (39595)	3/28/2000 7:48:00 AM
From: Theo	Respond to of 150070

Good morning Speedster...are you still in EISQ? News: biz.yahoo.com Can't remember if this was your pick, or, a Bouf pick. In any event, I do know that it was your post that brought it to my attention (before you were "speedy"). Thanks...got in below $1.00 :) Theo;-)

To: StocksDATsoar who wrote (39595)	3/28/2000 8:20:00 AM
From: myturn	Read Replies (3) \| Respond to of 150070

WLDC, I am still holding. I have too, too many stocks in my portfolio right now. Is it time for me to average down? I have not had a chance to check out the charts on this one. Is this bottom on this one? I do love the way it moves. Did you get any VITC yet? Remember, you need a couple of longs in your portfolio for that big tax break. You can save yourself nearly 20% in taxes if you hold on to a stock for more than 18 months. Cheers RG

To: StocksDATsoar who wrote (39595)	3/28/2000 9:31:00 AM
From: allii	Respond to of 150070

IBIZ news... 03/28 06:46 iBIZ Technology Secures Financing Package <IBIZ.OB> iBIZ Technology Secures Financing Package Funds Totaling $3.2 Million for New Project Development and Debt Retirement PHOENIX, March 28 /PRNewswire/ -- iBIZ Technology Corporation (OTC Bulletin Board: IBIZ), a leading manufacturer of "small-footprint" computer systems and peripherals, announced today that they have closed on $1.6 million dollars of financing bringing the total amount raised since November 1999 to $3.2 million dollars. The investment resulted from an introduction arranged by Source Capital Partners, Inc. of New York. As reported in the company's 10QSB, during the quarter ended January 31, 2000, the Company raised an aggregate of $1,600,000 from an institutional investor. On March 27, 2000, iBIZ closed on an additional $1,600,000 from another institutional investor. The secured funding will be utilized for development and financing of new projects. (As noted in the 10QSB filing during the quarter ended January 31,2000 there were dramatic improvements in the company's cash position which increased 44% to $425,414 and a substantial 95% reduction in long-term debt, to $17,000. Additionally, the company reduced payable taxes 61% compared with the same period in 1999, to $17,606. Total current liabilities were reduced by 28%, to $1.1 million, including payables for equipment, offset by customer receivables and inventory). Ken Schilling, President and CEO of iBIZ Technology commented, "The significance of the completed financing package is that it allows iBIZ to move aggressively into identified market opportunities and continue our project development efforts. It also clearly demonstrates that institutional investors have confidence in iBIZ Technology's future expansion and the forward momentum we have built. While the most recent reporting period results reflect a loss on operations, they also show the steps we have taken to offer our current and future customers an infrastructure where they can comfortably spend their entire digital life. The significance of our recent agreements with NorthPoint Communications and Harsper Co. Ltd, demonstrates our commitment to our "small footprint" technology design, and to the growth potential of broadband connectivity. Our sales in both arenas have just recently come on-line. Going forward, we have made commitments to build our position into the rapidly expanding Internet support technologies sector through co-location facilities, web hosting, web design, and a dynamic technical staff. Jim Ratliff, COO of iBIZ Technology stated, "We are in the midst of a very exciting time at iBIZ. We are experiencing strong demand for our products and services, and are working diligently to build on that momentum. At the halfway point in the second quarter, we have nearly doubled our sales revenues from the entire first quarter. This progress serves to validate our vision for the company, its strategic growth initiatives, and the company's efforts in the business-to-business sector of the broadband industry. We believe we have the right team, and now the funding, in place to capitalize on the opportunities that lie ahead." About iBIZ Technology Corp iBIZ Technology's operating company (http://www.ibizcorp.com) is a 20- year-old firm that has built a reputation for providing superior technology solutions for the limited workspace environment. Its unique solutions include "small footprint" computers and workstations, for space critical applications; custom keyboards and input devices for specialized applications like banking and accounting; a complete line of notebook computers and LCD monitors. Its consumer products include accessories for handheld computing devices and a variety of custom designed and manufactured products from leading OEMs. The company offers software solutions, network cabling, integration services and high-speed bandwidth provisioning with DSL products from NorthPoint Communication For more information on iBIZ or to order products, please visit the company's Website at ibizcorp.com or call Jeff Slosky at 800-234-0707. The statements in this press release may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those described herein as a result of certain factors and circumstances. SOURCE iBIZ Technology Corporation -0- 03/28/2000 /CONTACT: Jeff Slosky of iBIZ, 800-234-0707/ /Web site: ibizcorp.com -- NYTU019 -- 2546 03/28/2000 06:30 EST prnewswire.com Copyright PR Newswire 1998. All rights reserved. COPYRIGHT ¸ 1999 REUTERS LIMITED. ALL RIGHTS RESERVED.