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

To: SSP who wrote (81367)	3/6/2001 8:32:40 PM
From: asker2	Read Replies (2) \| Respond to of 150070

Thanks Steve... :-) what do you think Jim?

To: SSP who wrote (81367)	3/6/2001 9:19:54 PM
From: asker2	Read Replies (1) \| Respond to of 150070

SSP gut feeling was good.. SYCD may be good for tomorrow... closed at the high of the day.... possible gapper... profile of SYCD... biz.yahoo.com todays news.... bigcharts.com SyCoNet.com to Acquire Ornate Communications, Inc. TUESDAY, MARCH 06, 2001 8:45 AM - BusinessWire MANASSAS, Va., Mar 6, 2001 (BUSINESS:SYCD) is pleased to announce that it has signed a letter of intent to acquire Ornate Communications, Inc., a privately held wireless solutions provider based in Houston, Texas. The acquisition is expected to finalize upon mutual satisfaction of the due diligence process. The Company will issue common stock to complete the acquisition. William Spears, CEO of SyCoNet.com and Robert Wheeler, CEO of Ornate Communications agreed that the acquisition would result in a synergistic entity, enabling each Company to benefit from one another's technology and providing shareholder value. "SyCoNet.com will continue its endeavor to become the premier destination for Japanese anime products and will continue forward with its strategy." Stated Mr. Spears." We have dedicated a great deal of time to isolating opportunities for SyCoNet that would make sense for the Company and we believe that the acquisition of Ornate will deliver the value our shareholders deserve." Mr. Wheeler added, "Ornate has a strong R&D background with an advanced wireless solution that provides a low cost source of high-speed digital (up to 25 Mbps) access to residential customers. Becoming a part of SyCoNet will enable us to tap into a much larger marketplace and provide increased opportunity to expand more rapidly." The agreement presently calls for Mr. Wheeler to assume the position as Chairman and CEO of the newly formed Company. Additional details were not immediately available. For shareholder inquiries or to be placed on the SYCD shareholder email list, please email Jim Bouker at Jim@integritycapital.net or call 360/318-1819. Investment advisors, market makers and other financial professionals may contact Darren Hayes at Darren@integritycapital.net or call 480/922-3719. For Media inquiries, please contact Paula Kane at paula@integritycapital.net or call 757/588-0715. About Ornate Communications, Inc. Ornate Communications, Inc. is a provider of high-speed technology exchange services and utilities to residential, commercial and e-commerce customers. The Company has developed a line of proprietary wireless products designed to provide cost effective wireless solutions to its customers. About SyCoNet.com SyCoNet.com is a specialty retailer of popular Japanese animation or anime. SyCoNet.com, through its distribution websites, www.animedepot.com and www.sycodistribution.com, sells a myriad of Anime DVD's, videos, toys and trading cards at a discount from regular retail sources. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the high-technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of SyCoNet.com, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions. CONTACT: SyCoNet.com Paula Kane, 757/588-0715 paula@integritycapital.net or Jim Bouker, 360/318-1819 Jim@integritycapital.net or Darren Hayes, 480/922-3719 Darren@integritycapital.net URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2001 Business Wire. All rights reserved. KEYWORD: VIRGINIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS ELECTRONIC GAMES/MULTIMEDIA ENTERTAINMENT INTERNET MERGERS/ACQ ----------------------------------------------------------------------------------------------------- worth watching ... just in case... fwiw