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Microcap & Penny Stocks : AMGV - David and Goliath of the box makers? -- Ignore unavailable to you. Want to Upgrade?

To: TWICK who wrote (135)	5/27/1998 4:32:00 AM
From: DAY TRADER	Read Replies (1) \| Respond to of 509

IF THIS THING CAN HIT 75 CENTS AGAIN I'M GONE DT

To: TWICK who wrote (135)	5/31/1998 8:18:00 AM
From: Joe Copia	Read Replies (1) \| Respond to of 509

From the AMGV Dec 1997 SEC 100qsb: 1. Wal-Mart Online does not require the Company to guaranty its sales. That is, the Company's products are delivered only after its product has been purchased by the end user. Some of the Wal-Mart retail stores had over estimated its computer sales and when the computers were not sold, they returned the computers to the Company. The computer industry is plagued with obsolescence that resulted in returned, dated product to the Company. Significant losses are incurred when liquidating or upgrading the product. 2. Wal-Mart Online has given the Company an exclusive for the BTO desktop and notebook computers. 3. Wal-Mart Online pays net fifteen days from date of shipment. (awesome terms. Cash flow is the life blood of a small company) 4. Wal-Mart Online is a new division within Wal-Mart Stores, Inc. and its growth parallels the expected growth for the Company. Last quarter ACI had sales through Wal-Mart Online of $950.00; this quarter ACI had revenues through Wal-Mart Online of $72,287 and expects that the next quarter will generate $150,000 in revenues through Wal-Mart Online. ACI Wal-Mart Online revenues are in the top five for all Online vendors and do not include BTO and notebook computer sales. 5. Since the Wal-Mart Online sales are shipped only when the product is purchased, the need for stocking inventory is greatly reduced. Just in time method of purchasing inventory ( an AT&T innovation) also reduces computer components becoming obsolete and reduces cost of goods sold. Profits (loss) were ($50,401) compared to $30,041 compared to the same period a year ago. The losses were due to reduced revenues because the Company stopped selling product to Wal-Mart retail stores and focused solely on Wal-Mart Online sales. What this tells me is that the new Wal-Mart division is getting their ducks in a row. I will continue to accumulate on dips. Remember, to have an EXCLUSIVE with Wal Mart is very very special. Joe PTG&LI !!!