SI
SI
discoversearch

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.
Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (3020)2/17/1999 10:37:00 AM
From: Mr.Manners  Read Replies (3) | Respond to of 52051
 
SCMI

worth checking out

Wednesday February 17, 9:07 am Eastern Time

Company Press Release

SOURCE: Systems Communications, Inc.

Systems Communications, Inc. and
Hitsgalore.com Agree to Merge

CLEARWATER, Fla., Feb. 17 /PRNewswire/ -- Systems Communications (OTC Bulletin Board: SCMI - news)
announced today that it has signed an agreement to acquire 100% of the stock of Hitsgalore.com, an internet
company based in Rancho Cucamonga, California, for an undisclosed amount.

Hitsgalore.com is located at hitsgalore.com. At first blush, the Hitsgalore.com website appears to be a
search engine similar to Yahoo, Excite, Lycos, HotBot, Alta Vista and others. However, unlike those search engines,
Hitsgalore.com is positioned as a ''Business-to-Business'' search engine, providing a ''searchable database'' to
those businesses dedicated to bringing people (''hits'') to the websites of commercial enterprises. These service
providers are called ''Hit Generation Vendors.''

Hit Generation Vendors bring traffic to more than 30 million business websites operated from the small-business,
home-based entrepreneurs to the large, established multinational corporations. These businesses all seek to promote
their own product, service or corporate image by bringing visitors, or ''hits,'' to their websites. To generate traffic,
businesses utilize over 250,000 Hit Generation Vendors, who are compensated for each hit they bring to their clients'
websites. According to Forester Research, ''Over 60 million entrepreneurs will use the internet as their new launch
pad in the next 12-16 months.'' This explosion in business growth is where Hitsgalore.com finds its unique market
niche, separating itself from other search engines, which seek sheer volume of generic listings generated by ''Worm
Programs'' that ''dig'' out nearly every website and catalog it in their database.

Hitsgalore.com has taken a very pragmatic approach in building a searchable database that is composed of businesses
that have opted to submit their data. The hitsgalore.com database contains listings of businesses that have voluntarily
provided their name, address, phone number, fax number, website address, and e-mail information. Most
importantly, Hitsgalore.com reserves the right to market this database and offer additional services. Hitsgalore.com
collects data which the large search engines can only dream about, acquiring statistics, demographics and geographic
data collected naturally for its expanding database.

How does Hitsgalore.com expand its market share? Hitsgalore.com targets the Hit Generation Vendors (including the
top Search Engine Software Submission Manufacturers, such as Submit Wolf, Submission Pro, and others), who
provide the very software that all Hit Generation Vendors use to promote new and existing websites. The major
search engines collect too much information with their Worms and periodically purge their entire database. This
requires that the Hit Generation Vendors regularly provide new updates. By being listed with the Hit Generation
Vendors on the software manufacturers' database and ''burned into'' the new software, the Company's website will
grow naturally as the new updates come on line. Already, even though the Hitsgalore.com website has not been
publicly announced, it is getting nearly 4,000 requests each day for registrations of URL listings (or website
addresses). Because the Company supports the vendor's very activity, the hitsgalore.com vendor base is heavily
supporting growth by putting links on their home pages and sending visitors to Hitsgalore.com.

Hitsgalore.com is also diligently developing a ''Local City Edition'' of more than 1,000 cities in over 150 countries.
With the Local City Edition, a business in Kansas City will not have to compete with those in San Diego -- unless it
chooses to do so. No other major search engine offers this kind of ''zoned marketing'' on such a grand scale.

Hitsgalore.com is emerging as a major player in search engine technology. It owns 100% of all intellectual properties
that drive its primary engine. Hitsgalore.com may joint venture on other technologies as it sees fit to maintain market
dominance.

Financial statements in this press release other than historical facts are ''forward-looking'' statements within the
meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such
statements about the Company's future expectations, including future revenues and earnings, and all other
forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational
results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results
could differ materially from expected results.

SOURCE: Systems Communications, Inc.

More Quotes and News:
Systems Communications Inc (OTC BB:SCMI - news)
Related News Categories: computers, internet





To: Stock Watcher who wrote (3020)2/17/1999 12:42:00 PM
From: Dave Gore  Read Replies (2) | Respond to of 52051
 
**WLGS** Message 7871245



To: Stock Watcher who wrote (3020)2/17/1999 5:32:00 PM
From: mike.com  Read Replies (2) | Respond to of 52051
 
SW - Wednesday February 17 4:56 PM ET

U.S. FCC Approves AT&T, TCI Deal

WASHINGTON (Reuters) - The Federal Communications Commission
Wednesday approved AT&T Corp. (NYSE:T - news)'s $48 billion
acquisition of cable giant Tele-Communications Inc. (Nasdaq:LBTYA -
news), removing the final major hurdle holding up the deal.

The approval, which was widely expected, allows AT&T to offer high-speed
Internet services over TCI's cable facilities without making the network
equally available to other Internet service providers.

IATV is now partially owned by AT&T.



To: Stock Watcher who wrote (3020)2/17/1999 9:52:00 PM
From: Francois Goelo  Read Replies (1) | Respond to of 52051
 
Stock Watcher, SFLK up 14.77% today. Spoke to Chris (PR): great news afoot...
Strong finish on a very tough day for stocks! I just got back from my "research trip" and will start posting again. I spoke to Chris Edwards this afternoon and asked him to get their lawyers to look into the posts of certain people conspiring to manipulate stocks while holding short positions, as I have been doing myself for the last few days.
By the way, he said that their legal advisor has confirmed that they have done nothing that would give them any problem with the SEC - they have supplied all documents requested - and expect the matter to be cleared up very shortly.
Also there are great positive news of a commercial nature about to be imminently released. I expect the stock to jump up tomorrow, so I will be buying early before the "shorties" scramble to cover their positions. Regards, F. Goelo + + +



To: Stock Watcher who wrote (3020)2/18/1999 1:38:00 AM
From: Taki  Read Replies (1) | Respond to of 52051
 
SW HOW DO YOU LIKE THIS CCGI PRESS RELEASE TODAY?

(PR Wires) DJ: ComTech Consolidation Group, Inc., Unveils New Developme
DJ: ComTech Consolidation Group, Inc., Unveils New Developments

HOUSTON, Feb. 17 /PRNewswire/ -- ComTech Consolidation Group, Inc., (OTC
Bulletin Board: CCGI) today announced that it moved ahead with plans to
restructure how it holds operating subsidiaries, repositioning them to move
forward on their own, while repositioning CCGI to pursue new business
opportunities.
Mr. Jim Thuney, CCGI's CEO explained, "ComTech recently completed the first
phase of its plan to enhance the value of its operating assets (stock of
wholly owned subsidiaries). ComTech formed three new stand alone Nevada
Holding Companies, one each for its operating divisions. Formed was, EISP
Capital Group, Inc., to hold Technical division assets, UDI Capital Group,
Inc., to hold Mental Health division assets, and PMP Capital Group, Inc., to
hold Home Health division assets. Having completed the first phase of the
plan, with operating assets now tucked under a new holding company, ComTech
is now free to pursue other business opportunities that has recently
developed."
Thuney went on to explain "ComTech is now in the second phase of the plan
which consists of taking each of the Nevada Holding Company's public by
means of a private placement of its stock under Regulation D, Rule 504 (Reg.
D). This allows each subsidiary holding company to raise up to $1 million in
funding from the sale of stock to further expand their respective business,
without further dilution to CCGI shareholders. When funded, phase three is
entered, to apply for an exchange listing for which each respective
subsidiary holding company may qualify. According to plan, each subsidiary
holding company will become a full reporting publicly traded company, each
developing its own market identity and market awareness, traded publicly on
its own merits. Based on the speed at which things have progressed,
management has reason to believe, that the listing process in its entirety,
can be completed before the end of the second quarter of 1999."
Thuney also went on to explain "According to ComTech's plan, as it
periodically liquidates shares of each new Nevada holding company, it will
declare periodic cash dividends to CCGI Shareholders from the net proceeds.
ComTech's related financial model indicates the initial ComTech stock
position in the entities will have a market liquidation value amounting to
roughly $1.00 each, or combined amount to approximately $3.00 per each
ComTech share."
Thuney also stated "In regard to the 1998 operating results, ComTech has
been advised by its Auditors, that it can expect the Annual Report to be
issued around March 15th. Based on preliminary numbers, ComTech's quarterly
sales have continued to steadily increase, from $294 thousand in the first
quarter to something on the order of $4.2 million in the fourth quarter,
amounting to quarterly sales growth exceeding 130% on average, largely
attributable to acquisitions consummated in the third and fourth quarters."
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements" within the meaning of
section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such statements
about the Company's future expectations, including future revenues and
earnings, and all other forward-looking statements be subject to the safe
harbors created thereby. Since these statements (future operational results
and sales) involve risks and uncertainties and are subject to change at any
time, the Company's actual results may differ materially from expected
results.
/CONTACT: Richard A. Behlmann, President of ComTech Consolidation Group,
Inc., 888-556-3005/