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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (8308)10/6/1998 12:41:00 PM
From: xbrent  Read Replies (1) | Respond to of 25711
 
FGRX looking pretty good for another gapper in the morning. Alot of discussion about it hitting $1 shortly. When the financials are reported and confirmed should be good for more than a $1. It did hit 7/8 yesterday although briefly.



To: Joe Copia who wrote (8308)10/6/1998 12:54:00 PM
From: Jim B  Read Replies (1) | Respond to of 25711
 
we've had our differences.. but I have to agree with you on FGRX and MADI... added FGRX today and have some limit buy orders in as well..
if it dips lower..

MADI I've been adding for a couple days now between 75cents and 84cents... should see some real progress on that one in the near future as the company has some more announcements to share with us on their product/sales/etc.. float is only a couple million shares or less..

both will have more news out shortly... and FGRX is already putting out lots of news... that is one to be more careful with due to the swings.. but if you can be smart and time your orders... one can do very well... seems to have stabilized right now around 40cents..

hope these two do well for all involved.. take care bud.

jim



To: Joe Copia who wrote (8308)10/6/1998 1:08:00 PM
From: Jim B  Read Replies (1) | Respond to of 25711
 
news out on MADI... sooner than I expected... and more to come shortly as I hear it... so you were right on this one and FGRX...

looks like good days ahead for both of these... take care.. thought you'd want to see the news on MADI... that couple with the Microwarehous distributorship.. they're setting up to really make a move aggressively into the marketplace... looking for initial orders to be announced soon on top of the one mentioned below..
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Tuesday October 6, 12:35 pm Eastern Time
Company Press Release
SOURCE: Madison Systems, Inc.
Madison Enters Into Agreement with Global Computer Supplies for the Sale of its Network Switching Device
NEW YORK, Oct. 6 /PRNewswire/ -- Madison Systems, Inc. (''Madison'') (OTC Bulletin Board: MADI - news) is pleased to announce the signing of a non-exclusive sales distribution agreement with Global Computer Supplies (Global) and Misco America, Inc., both divisions of Global DirectMail Corp (NYSE: GML - news). Global DirectMail Corp is a leading direct marketer of brand name and private label computers, computer supplies and industrial equipment. ''We are excited about adding Madison Systems to our growing list of quality vendors,'' stated Bob Dooley, Global's Senior Vice President of Marketing. ''The 'Centurion' product is one that we believe customers want and will benefit greatly from.'' In 1997, Global DirectMail generated net sales of $1.15 billion worldwide.

Madison's ''Centurion'' will be featured in various product catalogues including: Global Computer Supplies; Global DataCom; Global Hardware and Software; Misco Computer Products Canada and Misco Computer Products USA. The ''Centurion'' will also be available on multiple websites hosted by Global, including, www.globalcomputer.com.

''This linkage is especially significant,'' stated Madison Chairman, Don McNally, ''as it will provide the Company with considerable exposure to GML's high tech market as the Centurion will be designated under security within GML's product line.''

In other corporate matters, referring to the Company's press release dated September 16, 1998, McNally stated that, ''approximately 12,500 units have been sold representing revenue of US$2.5 million with 500 units purchased by various agencies within the Federal Government of Canada.'' The Company has scheduled further production of the Centurion to commence mid-October 1998 with initial capabilities at 600,000 units per year.

The Centurion is a stand alone switch designed to allow only one communication connection between a desktop computer and a private computer network, or between a desktop computer and external communication via a modem, to be active at any one time, thus refusing access to unwanted callers.

SOURCE: Madison Systems, Inc.

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More Quotes
and News: Global Directmail Corp (NYSE:GML - news)
Madison Systems Inc (OTC BB:MADI - news)
Related News Categories: computers, retail