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

To: Madeleine Harrison who wrote (10075)	11/20/1998 11:34:00 AM
From: Harry_Behemoth	Respond to of 25711

Interesting release from BUGS: Friday November 20, 10:55 am Eastern Time Company Press Release SOURCE: U.S. Microbics U.S. Microbics Projects $30 Million in Revenues for Fiscal 1999 CARLSBAD, Calif., Nov. 20 /PRNewswire/ -- U.S. Microbics, Inc. (OTC Bulletin Board: BUGS - news) a marketer of proprietary microbial technologies for environmental cleanup, today said that, for the fiscal year ending September 10, 1999, it anticipates achieving revenues of at least $30 million and net income of $.50 to $1.00 per share. The company will commence filling a $30 million product backlog this December 15, when its new Carlsbad facility begins full operations. These products will be shipped to customers in the commercial, industrial, agricultural and municipal markets. Shipments of BUGS' Bio-Raptor™ system for delivery of these microbial blend products will begin in early 1999, said BUGS president, Robert Brehm. The company has letters of intent for more than 100 Bio-Raptor™ and microbial blend orders, said Brehm, who added that initial revenues from these orders should allow BUGS to qualify for admission to Nasdaq during the first half of next year. Based on market conditions, the company could achieve revenues of up to $100 million by 2002, he said. BUGS' growth will be fueled by licensing the company's proprietary technologies to remediation contractors, petrochemical manufacturers, land fill operators, food processors, governments and other entities in the U.S. and around the world, said Brehm. U.S. Microbics, Inc. creates and markets proprietary microbial technologies that provide natural solutions to a wide array of major environmental problems. Through its acquisition, XyclonyX, the company's technology has been used by former customers including Bechtel Corporation, AT&T, Bank of America, Chevron, IBM, Northrup Grumman Corp., Pacific Bell, Rockwell International, Shell Oil, Standard Oil of California, Texaco, Toyota, the U.S. Department of Energy and other prominent Fortune 500 companies and government agencies. This document contains forward-looking statements. There are certain important factors that could cause results to differ materially from those anticipated by the statements made above. Additional information on these and other factors are included in the company's quarterly reports on Form 10-Q, the company's annual report on Form 10-K ended September 30, 1997, other company reports filed with the S.E.C., and the company's 1997 annual report to shareholders. SOURCE: U.S. Microbics

To: Madeleine Harrison who wrote (10075)	11/20/1998 12:00:00 PM
From: Frederick Langford	Respond to of 25711

INTO FLOAT 1.4 Mil INITIO Enters into Internet Contracts PR Newswire - November 20, 1998 10:15 NORTH BERGEN, N.J., Nov. 20 /PRNewswire/ -- INITIO, Inc. (Nasdaq: INTO) announced today it has entered into contracts to display the Company's DEERSKIN CATALOG site (WWW.DEERSKIN.COM) with the following leading internet locations: AOL, EXCITE, NETSCAPE, GEOCITIES, iMALL, MOTLEY FOOL, INFOSEEK, ALTA VISTA, and WEBCRAWLER. This aggressive advertising program will consist of High Profile banners, as well as fixed buttons that link directly to the existing DEERSKIN site. Since 1944, the Company has been a leader in the selling of leather and suede apparel and accessories directly to the public via printed catalogs. In August, INITIO announced the opening of its WWW.DEERSKIN.COM internet site and indicated it would activate the site. Today the Company announced the contracts it had entered into to kick off the campaign of promoting and advertising the internet program. Daniel DeStefano, INITIO's founder and Chairman stated "The Company has made many friends and loyal customers over the past 54 years by offering extraordinary values in leather apparel and accessories in its catalogs. With the addition of this internet site, INITIO can now reach out to an ever expanding number of potential customers instantaneously. We anticipate that this will translate into increasing revenues and earnings for the Company." The disclosures herein include statements that are "Forward-Looking" within the meaning of the Federal Securities Laws. Such forward-looking information involves important risks and many uncertainties which could significantly affect results in the future and, accordingly, such results may differ substantially from those expressed in any forward-looking statements made by, or on behalf of, the Company. These risks and uncertainties include, but are not limited to, response rates, and consumer acceptance of this new advertising media. For additional information, review the Company's filings with the Securities and Exchange Commission, including the Company's annual report on Form 10K. SOURCE INITIO, Inc. /CONTACT: Martin Fox, President of INITIO, Inc., 201-392-1500/ /Web site: deerskin.com (INTO) ------------------------------------------------------------------------ INTO %CPR %MLM %REA %CON V%PRN P%PRN