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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (5341)	2/13/1998 2:53:00 PM
From: Papril	Respond to of 120523

I have a great stock for this folder... SMCI! It is a software engineering company with some major customers. The book value of SMCI is $6, and it is currently trading at $7. It has a 33% expected growth rate for the year, a new industry-changing software to be released in the second quarter, and 75% institutional ownership. I expect SMCI to double in less than 6 months.

To: Jenna who wrote (5341)	2/13/1998 3:06:00 PM
From: Chartgod	Respond to of 120523

WAST ?? Any thoughts? WasteMasters Eliminates $16 Million of Debt; May Receive Over $150 Million Cash Infusion PR Newswire - February 12, 1998 16:29 WAST %ENV V%PRN P%PRN DALLAS, Feb. 12 /PRNewswire/ -- WasteMasters, Inc. (Nasdaq: WAST) today announced that its new management team has begun the process of "cleaning up" and strengthening WasteMasters' balance sheet as the first step toward the transformation of WasteMasters into one of the premier waste management companies in North America. After a series of protracted negotiations between WasteMasters and the holders of convertible debentures that have been in default for almost one year, a mutually beneficial agreement has been reached which will result in the conversion of all principal, interest and penalties into restricted shares of WasteMasters common stock. As part of the agreement, the Company also issued stock purchase warrants to the former creditors to purchase up to 100 million restricted shares of WasteMasters common stock at an average price in excess of $1.50 per share. In a related move, WasteMasters today announced that it has begun the process of placing certain wholly owned subsidiaries of the Company into bankruptcy. Most of the Company's wholly owned Subsidiaries have no tangible assets and no operations. While they add little or no value to the Company, they are heavily burdened with debt. R. Dale Sterritt, Jr., Chairman, President and Chief Executive Officer of WasteMasters stated: "Under previous management, WasteMasters was an unfocused, debt-ridden disaster. For several months, we have been working carefully, diligently and methodically to lay the groundwork for what management believes will be a complete transformation of WasteMasters. In two separate but very related moves, our new management team has eliminated over $16 million of debt from our balance sheet and has positioned WasteMasters to potentially receive a cash infusion of over $150 million. While more good news regarding additional steps to strengthen our financial condition will be announced shortly, we can finally begin to implement our master plan to acquire strategically located waste companies throughout the United States." Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this news release which are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe WasteMasters' hopes, plans, objectives, goals, intentions, or expectations are forward- looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond WasteMasters' control, will affect actual results. WasteMasters undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with WasteMasters' annual report on Form 10-KSB for the fiscal year ended December 31, 1996 and other filings with the U.S. Securities and Exchange Commission. SOURCE WasteMasters, Inc. /CONTACT: Investor Relations of WasteMasters, Inc., 214-691-1100/ (WAST)