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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (3540)	1/28/1999 5:11:00 PM
From: Kimberly Lee	Read Replies (1) \| Respond to of 11130

Yep, here is the copy of the news release: ecom ecom.com, inc.: Internet Company Adopts New Name [.13756] /FROM PR NEWSWIRE MIAMI 305-461-8666/ TO BUSINESS EDITOR: ecom ecom.com, inc.: Internet Company Adopts New Name RIVIERA BEACH, Fla., Jan. 5 /PRNewswire/ -- US Amateur Sports, Inc. (OTC Bulletin Board: USSP) announced today that it has filed Form 14C with the Securities and Exchange Commission to implement a change in the name of the corporation. The new name will be ecom ecom.com, inc. The Company will file a formal notification to shareholders this month. According to CEO David J. Panaia, the new name more accurately reflects the nature of the Company's core business -- e-commerce. "The marketing principles we've learned from our experience in selling sports-related products over the Internet has led to the development of an e-commerce model we call 'The Power of 2,'" said Panaia. "This model can be applied to the marketing of virtually any product." ecom ecom.com's new web site will include among its features the "ecom Trader." Although this new concept includes a silent auction, the Company is quick to point out that ecom Trader differs from other on-line auction sites such as eBay by offering patrons a venue to swap merchandise plus an on-line store to post items for sale. ecom Trader will also differ in attitude toward its customers by guaranteeing satisfaction rather than adopting a policy of "buyer beware." ecom Trader is scheduled to be released at the beginning of February. Trading under the symbol USSP, the Company's stock price jumped last week from a low of $.09 to an all-time high of $2.62 before settling at $1.19 to close the year. Although about three million USSP shares traded last week, recent articles by Market Pulse Journal and CBS Marketwatch noted that the stock is still virtually undiscovered by larger investors. SOURCE US Amateur Sports, Inc. /CONTACT: David J. Panaia, CEO of ecom ecom.com, inc., 561-622-4395, ore-mail, dave@usas.com/ Jan-05-1999 06:32 GMT Symbols: US;USSP Source PRN PR NewsWire Categories: NWR/FL NWI/MLM NWI/SPT