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Pastimes : HYPE AND HYPESTERS DENUNCIATION CENTRE -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (377)	2/17/1999 7:22:00 PM
From: John Sladek	Read Replies (2) \| Respond to of 612

Kerry, I'll put everything on black-29 er... make that SCMI. The SCMI thread (is it just me, or does the word "SCaM" pop into your head when you read that symbol?) is rather interesting. They seem to have it all so far: Some shakin' & bakin' and buying opportunities, and those M&M's are at it again: Shake shake shake, shake shake shake, shake those shares loose! So I can buy some more at even lower prices!!! Don't know whether to love or hate the MM's! Message 7869389 More M&M games: MM's won't let it break .30. If they do it should run. Message 7876228 And the response: What do you mean MM won't let it brake .30 . It broke .30 at about 11 oclock my friend got some at .32. he got 5,000 shares. Tell him about it. techstocks.com Fortunately this guy seems to know what's going on shortly after 11:00 the RS [Reverse Split?] rumor started which brought down the price for a couple of hours,not to mention mid day sell off.If you watched the closed there was a lot of buying at the close,should see a gap in the morning and if we see a release on the RS we could see a nice run IMO.More releases coming out in the next week or so. techstocks.com On second hand, maybe he knows too much. I wonder if the guy who wrote this really beleived it: This is better then Yahoo or AltaVista etc. Its really business oriented. techstocks.com Interesting looking thread - I think that I'll book mark it. I wonder what the company does? Regards, John Sladek P.S. I think it should win some kind of award for the thread header: Message 3549083

To: EL KABONG!!! who wrote (377)	4/9/1999 12:04:00 AM
From: John Sladek	Read Replies (2) \| Respond to of 612

Kerry, I'll put everything on black-29 er... make that SCMI Well black-29 was up a good chunk today...I thought I'd update you and let you know that the black-29 no longer trades as SCMI, its new ticker is HITT. Its actually had 4 tickers since I posted to you less than two months ago. As one enthusiastic poster put it: Message 8773101 From SCMI to SCMID to HITS to HITT to glory and to a double digit stock sooner than expected Now I figure that if a stock is worthy of four tickers, it is surely worthy of no less than four threads on SI, and SCMI/SCMID/HITS/HITT comes through in this regard. There's the original "SCMI Rocking and Rolling Company has big expectations" thread: Subject 19523 The "Hitsgalore.com : Is their business model valid ?? " thread: Subject 26162 Then there's the "HITSGALORE.COM (HITS)" thread: Subject 26842 And finally there's the newest thread "HITSGALORE.COM (HITT)" Subject 27286 What happened was that HITSGALORE.COM was merged with SCMI, which is in the internet hits business. Evidently they did quite well, and produced 1.5 million hits per month through their banner advertising business. They decided to change their ticker to HITS. But someone else got that ticker symbol by doing a NASDAQ filing, so SCMI requested HITT which isn't a bad alternative. I think that HITS would have been better though, since its a common word which is easy to remember. Too bad they didn't get it. They released partial financial information in a PR the other day: biz.yahoo.com Gross sales revenues for March, related to the website at hitsgalore.com, were $243,981....an increase of 60% over the previous month.... income from operations of $289,494.87 (62.4% of gross sales revenues). 60% month-to-month sales growth, 62.4% gross margin.... looks good.... Hitsgalore.com projects positive cash flow .... Positive cash flow.... sounds good .... wonder what "projects" means? from its unique business model of giving away free lifetime banner placements. The company believes this compares favorably with other Internet portals and search engine companies that generally report net losses, such as Lycos, Inc. (Nasdaq:LCOS - news), Excite, Inc. (Nasdaq:XCIT - news), and Infoseek Corporation (Nasdaq:SEEK - news). And unlike Yahoo! Inc. (Nasdaq:YHOO - news), Hitsgalore.com does not rely on advertisers purchasing space on its website. Wow its equal to or better than all those great companies! the website is taking over 1.5 million hits per month. 1.5 million hits per month - that's 18 million hits per year!!! In addition, Hitsgalore.com anticipates additional future revenues from its recent acquisition of the Internet Division of Solvere, Inc. "additional future revenues" is surprisingly wishy-washy statement. ... several innovative projects in the pipeline.... Sounds good. Solvere has previously partnered with such industry leading companies as Microsoft (Nasdaq:MSFT - news), MCI (Nasdaq:WCOM - news), Cisco Systems (Nasdaq:CSCO - news), Compaq Computer (NYSE:CPQ - news), and Hewlett-Packard (NYSE:HWP - news). Wow some more great companies, even Bill Gates is on side. The figures reported by the company are internally prepared and have not been subjected to audit. The stated net revenues are before any amortization, depreciation, or allowance for taxes. Net income for the quarter prepared in accordance with GAAP will be lower, accounting for significant non-cash items associated with the company's capitalized costs of programming and depreciation on its computers, other equipment and furnishings and leasehold improvements. Looks like the net profit margin might be a fair bit lower than 62.4% due to some additional cash costs (furniture, equipment) and some significant non-cash items. Regards, John Sladek