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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (22081)	4/24/2000 3:25:00 PM
From: Gator	Respond to of 25711

Joe, gotta check this one out. ECMV ($3 1/2) is sitting on over $10/share in cash/cash equivalents, which doesn't even take into consideration the outstanding performance of their core operations. Nasdaq smallcap. Very tight float, moves fast. Story starting to come out. They own 1.5 million shares of EDV free and clear, currently trading at $64, currently worth $96 million (EDV was formerly Perfumania.com, which ECMV spun off a few months back). They are also holding 0.5 million shares of EDV pending an exercise of an option with an $8 grant price which will generate an additional $4 million when exercised. They own 11% of SGDE, worth an additional $2.5 million or so. They also have holdings in several other companies, including TaketoAuction.com, which they plan on IPO'ing, cellpoint.net, and their wholly own Perfumania stores (270 brick and mortar stores in mall locations), which will generate about $200 million in sales this year and has 16 straight months of strong same-store sales. ECMV only has about 11 million shares outstanding, fully diluted, so just on the cash/cash equivalents alone, the company is worth about $10/share. Throw in Perfumania (which they plan on eventually spinning off as a separate company in an IPO, according to recent press release), and the company is worth at least double that. Earnings expected this week. CEO says they will be strong. Here's an excerpt from a recent interview of the CEO from Wall Street Transcripts: TWST: What rate of gain in sales and earnings should investors expect from E Com V in the future? Mr. Lekach: Our rate is so fast that we can't give it a number because, it's just so explosive. You can't quantify it. TWST: Is that for both sales and earnings? Mr. Lekach: Yes. Institutional coverage is very light on the stock, but word is starting to get out. All the info can be confirmed on FreeEdgar filings and recent press releases. Some information can be found at an informational website at ecomv.com. CEO interview at Wall Street Transcripts at: twst.com. Gator

To: Joe Copia who wrote (22081)	5/4/2000 2:11:00 PM
From: tx81	Respond to of 25711

SEVT NEWS 5-4-00 Summit Releases New Fire Technology Advancements to Enhance FlameOut(R) Product Thu May 04 11:26:00 EDT 2000 LONGVIEW, Texas, May 4, 2000 /PRNewswire via COMTEX/ -- Summit Environmental Corporation, Inc. (OTC Bulletin Board: SEVT) released new fire technology advancements which will be used to enhance the Company's flagship product -- FlameOut(R), on May 4. The introduction occurred at the Halon Option Technical Working Conference held in Albuquerque, New Mexico. The conference is the annual meeting of scientists from around the world who meet to confer and share research dedicated to meet the mandated replacement deadlines for the Globally Banned Fire Fighting Agent -- Halon. These enhancements to FlameOut(R) will expand the Company's US-EPA SNAP approval replacement for Halon. The new features broaden the scope of FlameOut(R), increasing its capabilities to all types of liquid fuels and gases. One of the featured new technologies introduced at the conference is a new water misting system for the passenger cabin in commercial aircraft developed by Navel Research Laboratories. At the same time in Greenwood, Mississippi, (May 1 through May 12) Naval Air Systems is testing this new system. The water mist system, will have tests conducted comparing water versus FlameOut(R) mixed with water to measure faster extinguishment, less material used in the fire extinguishing and the prevention of re-ignition as compared to water alone. One of FlameOut(R) certifications is UL 162, which establishes FlameOut(R) as an encapsulater and emulsifying agent, which prevents re-ignition. After the conclusion of the Mississippi tests, the Company will issue further information on the tests conducted at the Naval Air System and the Naval Research Labs. For more information contact Keith Parker, CEO, at 800-522-7841.