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To: Rory McLeod who wrote (4)7/28/1998 12:08:00 AM
From: Debra&Jeff  Read Replies (1) | Respond to of 33
 
As I said I've found nothing on the case. For anyone else who wants to follow another point of interest here is a FUJU related news release:

One-Time Use Cameras and Wholesale Distribution Represent
Growing Industries

Business Wire - June 15, 1998 16:42
CHICAGO--(BUSINESS WIRE)--June 12, 1998--Emerging Company Report, the nationally syndicated television program
that profiles emerging- growth companies (http://www.emergingcompany.com), produced their weekly show "On-Location" from The Chicago Money Show and featured interviews with the people behind Page International Inc. (OTC/BB:PGII) and PSI Industries Inc. (OTC/BB:PSII). PSI Industries is a national distributor of photo film and supplies for companies like Kodak (NYSE:EK), Fuji (Nasdaq:FUJIY) and Polaroid (NYSE:PRD). The company also has developed and is marketing a unique one-time use camera, "The Message Camera," which includes customized greetings and color messages printed on each photo. "It is ideal for birthdays, graduations, weddings, you name it," said PSI Industries Chief Operating Officer Ben Cohen. "The Message Camera can also be customized with corporate messages; we have already produced private label cameras for Harley Davidson (NYSE:HDI) and Compaq (NYSE:CPQ). We are selling our retail cameras in outlets like K-Mart (NYSE:KM) and Toys R Us (NYSE:TOY)."

Page International Chief Executive Officer Tony Page described his 12-year-old company as being in the wholesale distribution business. "We are one of the largest distributors of Timex watches," said Page.

"From our 37,000 square foot plant in Kentucky, we also distribute umbrellas, compact discs, children's books, Seiko watches and Zippo lighters. As profit margins become slimmer in retail, companies find themselves looking to cut costs and administration by outsourcing. This is exactly where we fit in."

Other companies discussed this week include:

-- Sims Communications Inc. (OTC/BB:SIMS), whose transaction automation solutions are a step forward to bringing the cashless society to reality.
-- Internet-based companies like America Online (NYSE:AOL) and Excite (Nasdaq:XCIT) have been the talk of Wall Street lately. Likewise, Maxnet Inc. (OTC/BB:MXNT) and its webphonebook.com Internet directory has company officials enthusiastic about competing with Yahoo! (Nasdaq:YHOO).
-- Steroidogenesis Inhibitors International (OTC/BB:STGI) and Gene-Cell Inc. (OTC/BB:GCLL) are two companies whose medical breakthroughs have joined companies like Genentech (NYSE:GNE), Entremed (Nasdaq:ENMD) and Abbott Labs (NYSE:ABT) in making news within the medical and financial communities.

Emerging Company Report is seen Friday evenings at 11 p.m ET, 8 p.m. PT, and again on Sunday morning at 11:30 a.m. ET, 8:30 a.m. PT on 140 cable TV systems nationwide. The program is also broadcast "On-Demand" at its Web site,
emergingcompany.com.

CONTACT: Emerging Company Report
805/336-0507
emergingcompany.com

Keep in mind Safari only does recycled cameras. Someone needs to produce the shells first! What's good for them is good for Safari.

Jeff




To: Rory McLeod who wrote (4)7/29/1998 1:55:00 AM
From: Debra&Jeff  Respond to of 33
 
Since you mentioned the PM let me clear the air. IMHO the release is, somewhat, overstated. The company will claim to be the largest, on the East coast, except for (what's their name....it starts with a K) the other guys. Well they're in the 80's and have 300+M outstanding. I can live with being #2!

It also only addresses the cameras. I have always considered this income while they develop their more unique products. Frankly I don't care what carries the company, as long as it makes money!

This stock was our first venture into the OTC. As we learned about this board a friend, GaBard, suggested that we determine why we owned the stock. While deciding if we should bail we called the company more often and formed a solid, educated opinion. We decided to continue to invest in this company.

The BMOC's name is Mort Berger. Actually I'm not sure of his official title other than he is the COO and the guy who seems to make things happen. I don't think they have that many titles but, to me, this one is important.

We've posted all you need to check them out, Let me know if you need more info.

Jeff(&Debra)(sleeping)