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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: scion who wrote (92070)	8/3/2005 11:32:30 AM
From: StockDung	Respond to of 122087

The #1 stock in Waaco's Ten Most Wanted List for its Challenge Series vs. Traders TV has come through once again. \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ GENESIS: STOCK BUYBACK / GROWING SALES / 100% INCREASES IN EARNINGS The #1 stock in Waaco's Ten Most Wanted List for its Challenge Series vs. Traders TV has come through once again. Genesis Insurance & Financial Services (GIFS) has issued a press release for Tuesday morning which states: 1. The Board of Directors has authorized a stock Repurchase Plan in an amount up to 400,000 shares AT MARKET PRICES over the next 90-days. This constitutes 1/4th of the float. The company has just under 20m shares outstanding and 18m are RESTRICTED. The company's decision was 'based upon its positive outlook for the coming year and the current undervalued market price of GIFS stock.' 2. 2nd & 3rd Quarter earnings estimates have been released. 2nd Q sales will exceed $5,000,000, primarily from the sale of Surety Products issued by the Congress Re-Insurance Corp. and American Lift Corp. , both wholly-owned subsidiary. Gross profit will be in excess of $400,000, or 2cps. 3rd Q sales will exceed $7,000,000, including consolidated sales and revenues of all operating divisions, including American Lift and International Medical Products, all wholly-owned subsidiaries. Gross profit will be in excess of $600,000, or 3cps. All operating divisions are profitable and have had sustained growths in sales, revenues and profits of over 100% per quarter since the 2nd Q 1995. 3. Book value estimates exceed $7 'making GIFS a considerably undervalued stock. The company attributes its current stock price to limited investor exposure.' The company plans to retain a larger investor relations firm to launch a national investors relations campaign during the next two weeks. It stated it has cancelled its contract, including stock options, with Paige & Associates, an investor relations firm. More information on the Genesis Family of Companies or the company's recently filed Form 10-12g may be obtained from investor relations at 423-266-7544 or via fax at 423-266-7750. The company is located at 735 Broad Street, 10th Floor, James Buiilding, Chattanooga, TN 37402. -- -- [c] Copyright, 1996, by StreetLevel [tm], a division of NetCapital Communications, Inc., on the Web at netcapital.com, rated 4- STAR by the monthly magazine 'inter.net'. All terms and conditions for usage are strictly enforced and contained in the 'Registration Agreement' found on our website. StreetLevel [tm] is the exclusive electronic distributor for HotStocks@StreetLevel [tm] / 'HSSL' ($60 monthly e-mail, $75 fax); The Waaco Kid's Hot Stocks Forum [tm] / 'HSF' ($10 monthly); IR/x: Investors Relations Forum [tm] (free) and IR/j: Investors Research Journal (under development). All subscriptions include membership in Investors Research Institute (IRI). Call New York Society of Security Analysts at 212-912-9249 for reservations to 2nd Tuesday IRI/NYSSA Wall Street Newsmaker Luncheons and Small Caps Corporate Presentations in the World Trade Center. All subscriptions are automatically billed semi-annually at then-current prices (as posted here) at each next regularly scheduled billing date (no refunds). Subscribers may opt for annual billing to lock in then- current prices and bonuses. Currently, HSSL subscribers receive all services and publications as bonus. HSF subscribers also receive StockClock [tm]. All StreetLevel [tm] products and publications are informational only, and opinions of each writer, who should be assumed to hold positions, and should never be construed as 'buy' or 'sell' recommendations for any security. For a 2-Week Free Trial call 1-800-241-9111, Ext. 329, or e-mail gvlh...@prodigy.com or Fax 516-427-4867. To affect billing changes or unsubscribe, please e-mail or fax only. Thank you.