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Microcap & Penny Stocks : CCEE Breaking Out -- Ignore unavailable to you. Want to Upgrade?

To: Sal Comunale who wrote (7442)	10/28/1997 5:57:00 PM
From: Rick	Respond to of 12454

Vacco Sponsors "Investor Bill of Rights" Monday, October 27, 1997 Attorney General Dennis C. Vacco today unveiled a sweeping "Investor Bill of Rights" to help small investors guard against securities fraud and abuse. The "Bill of Rights," unveiled at the start of National Consumers Week, lists specific legal rights of which every investor needs to be aware in order to avoid being scammed. "The stock market is no longer just a way for the rich to get richer," said Attorney General Vacco, who is chairman of the Consumer Protection Committee of the National Association of Attorneys General. "More and more small investors are banking on today's skyrocketing, but volatile market to fund their retirements or their children's education," Attorney General Vacco said. "But new investors are especially vulnerable to fraud and abuse. The `Investors Bill of Rights' is designed to alert consumers to their legal protections from scam artists," Attorney General Vacco said. As chief enforcer of securities laws for New York investors, Attorney General Vacco has mounted an aggressive crackdown on dishonest brokers and investment scammers. Last summer, Attorney General Vacco hosted a first-ever series of hearings on stock fraud in which victims detailed scam artist tactics that resulted in millions of dollars in losses. In addition, Attorney General Vacco's enforcement actions against dishonest securities practices have resulted in a 400 percent increase in fines and penalties collected by the state. The Attorney General's Office has increasingly used its enforcement power to strip dishonest brokers of their business licenses. "Many of the points in my new Investor Bill of Rights may seem obvious to advanced investors, but they may not be evident to newcomers. That's why we've set out these 10 points in a concise and easy-to-understand declaration," Attorney General Vacco said. Free copies of the "Investor Bill of Rights" are available by writing to Attorney General Dennis C. Vacco, The Capitol, Albany, New York 12224, or calling the Attorney General's Consumer Hotline at (800) 775-7711. The "Investors Bill of Rights" is attached. When You Invest, You Have the Right to: 1.Ask for and receive information from a firm about the work history and background of the person handling your account, as well as information about the firm itself. 2.Receive complete information about the risks, obligations and costs of any investment before investing. 3.Receive recommendations consistent with your financial needs and investment objectives. 4.Receive a copy of all completed account forms and agreements. 5.Receive account statements that are accurate and understandable. 6.Understand the terms and conditions of transactions you undertake. 7.Gain access to your funds in a timely manner and receive information about any restrictions or limitations on access. 8.Discuss account problems with the branch manager or compliance department of the firm and receive prompt attention to and fair consideration of your concerns. 9.Receive complete information about commissions, sales charges, penalties, maintenance or service charges and transaction or redemption fees. 10.Contact your state or provincial securities agency to verify the employment and disciplinary history of a securities salesperson and the salesperson's firm; find out if the investment is permitted to be sold; or file a complaint. oag.state.ny.us

To: Sal Comunale who wrote (7442)	10/28/1997 6:04:00 PM
From: Stan Price	Read Replies (2) \| Respond to of 12454

Sal, Wait, come back for a while. Let's talk about this release for a minute. Since the financials are always combined CC and Softworks it has been difficult to track just where the moneys were coming from. By announcing year to date revenues we can finally determine that the contribution of d.b.Express and Garbe's division are growing, not much but they are there. From the 10Q's and press releases we can determine that of 1st qtr revenues of 5.851M, 1.101M came from CCC. Of 2nd qtr revenues of 7.423M, 1.223M came from CCC. This contribution of 2.324M as of 6/30 almost equals the total for all of last year, which was 2.53M. If the trend continues, then we should expect revenues of 1.2-1.4M for this qtr (3rd) without any contribution from BT. Add that to the announcement made today (6.85M) and this qtr could exceed 8M. Remember, we have an announcement about DCA last April that expected to add 700K in revenues and a couple of 1M+ contracts for Garbes division that should produce these moneys. Of course, this is all conjecture until the actual financials for this qtr are released, but at least it's a ray of hope, and hopefully an outlook that might get this thread focussed on the stock and off the personalities who own (or don't own) it.