Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TigerII who wrote (47528)	1/26/1999 4:31:00 PM
From: flyboy	Respond to of 119973

ITEC... -------------------------------------------------------------------------------- Tuesday January 26, 2:33 pm Eastern Time (Note: this article is ''in progress''; there will likely be an update soon.) Imaging jumps in heavy trading on new site NEW YORK, Jan 26 (Reuters) - Shares of Imaging Technologies Corp. surged in heavy trading on Tuesday after the San Diego company kicked off an advertising campaign for its Internet site which sells computer products on the Internet. Shares more than doubled and the stock was the most active on the Nasdaq with more than 25 million shares traded. The stock was also the Nasdaq's top gainer, rising 2-7/16 to 3-11/16. The company said the web site, which sells computer and imaging hardware, software and consumables, has already seen steady revenue growth since its introduction last fall. *The San Diego company said it expects sales at the web site, DealSeekers.com, to double in the next 90 days and expects an annual sales run rate of $10 million by the end of the calendar year.* A spokesman for Imaging Technologies, Bruce Ahern, said the advertising would most likely be over the World Wide Web and other Internet sites. He said no advertising firm has yet been chosen.