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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 (9334)	10/28/1998 2:12:00 PM
From: DavidCG	Read Replies (2) \| Respond to of 25711

Any thoughts? OS below 5 mil, Float below 3 mil. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Wednesday October 28, 12:45 pm Eastern Time Company Press Release SOURCE: Rich Coast, Inc. Rich Coast, Inc. Expects Revenue Gains in Early 1999 DEARBORN, Mich., Oct. 28 /PRNewswire/ -- Rich Coast, Inc. (Nasdaq: KRHC - news) today said it expects revenues to grow beginning in early 1999 as approval from a major environmental company to provide service under a blanket contract to a Detroit auto manufacturer moves forward. As a Tier 1 supplier, the major environmental company has approved Rich Coast to provide services to 30 plants in Michigan, Ohio and Ontario. Rich Coast provides a full range of non hazardous treatment, storage and disposal services. ''This is a breakthrough event for Rich Coast,'' said James P. Fagan, president and chief executive officer. ''We expect this agreement to boost revenues to $4-$4.5 million on an annualized basis. This would be up at least 60 percent from about $2.5 million currently and will move us toward our near-term goal of generating an operating profit. We currently estimate our break even rate to be about $3.3 million in revenues on an annualized basis. ''Our new 20-acre facility and our exclusive technologies, especially the ZPM Bubble Chamber(TM), are key to our near-term growth. We are now able to aggressively market to a wide range of industries,'' Mr. Fagan said. The company's revenues for the first quarter ended July 31, 1998 were $605,491, up 14 percent from the prior year's first quarter of $561,786. Net loss for this year's quarter was $505,108, or eleven cents a share, with 4.7 million weighted average shares outstanding. This compares to a loss of $363,692, or two cents a share, with 4.1 million weighted average shares outstanding in the prior year's first quarter. Rich Coast, Inc., provides cutting edge treatment services for virtually all non-hazardous industrial and commercial wastes at its 20-acre facility in the heart of Detroit's heavily industrial auto manufacturing center. Capabilities include hard-to-treat oil processing, bio remediation, wastewater treatment, high capacity shredding and laboratory services. The company's web site is www.richcoastinc.com. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> -DavidCG

To: Joe Copia who wrote (9334)	10/28/1998 2:26:00 PM
From: xbrent	Read Replies (1) \| Respond to of 25711

SGII looks very strong. Has not run far. Considerable upside potential. $1 is one week target. Considerably higher in the longer term

To: Joe Copia who wrote (9334)	10/28/1998 2:28:00 PM
From: Emec	Respond to of 25711

Nice move on SGII joe. SGII presents investors with what I think is a rare opportunity to get in on the ground floor of an up and coming company whose technology is going to be in great demand. The CEO has indicated that they are very close to closing the agreement with Mitsubishi (previously announced as a letter of intent), one of the largest corporations in the world. What does giant Mitsubishi want with tiny SGII? Simple. Their technology. THis agreement would virtually seal SGII's future. CEO has also discussed getting another large strategic partner which would not surprise me at all. For more info on the company visit sgiinternational.com As always, do your own DD and make your own decision