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Microcap & Penny Stocks : LA Group, Inc. (ONTV - formerly LAAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Bo Le who wrote (1034)	2/24/1999 11:32:00 AM
From: Jay D.	Read Replies (2) \| Respond to of 1140

Well Well Well, Know how they say "follow the volume"! I hate to say "told you so" but I did. Good luck. Jay If you don't know what I'm referring to, check my previous posts to this thread. A technical bouce? Unless a news announcement comes out, this play is over for now. Let's see if you crystal ball works.

To: Bo Le who wrote (1034)	2/24/1999 2:03:00 PM
From: MasterConfucius	Read Replies (1) \| Respond to of 1140

<<Some claim from ONTV management sounds not possible. For example, first 10 minutes website sale generates more business than previous week. This can happen only one of following are true>> Where did you read this??? I haven't encountered any such claim? The only published claim is the one in the Canadian Financial Post that's been going around the internet: <<"We've done more business on the Web in the past two weeks than in the past year," said Frank Costanzo, chief financial officer of privately held Ronco>> I haven't verified that this is exactly what is printed, but notice that it comes from the CFO of RONCO. That statement itself is quite intriguing. Let's just say that RONCO sold just .005% of their my estimate of 225 million annual sales through the internet last year. That is 1.125 Million in two weeks. If they can sustain this rate, multiply by 25 weeks is roughly 28 Million. Take just 3% commission off that figure and you still have $840,000 in commission. Worst case scenarios, using the most conservative numbers is several hundred thousand dollars revenue--quite possibly in the millions--from this RONCO deal. Ok so as long as RONCO did more than .005% of their sales on the internet last year, and everybody is being honest in these newspaper interviews, we have solid profits coming in. Just imagine if RONCO did 1% or 2% of their sales through the internet last year. Then your eyes start to light up when you start extrapolating the numbers... Let's not spread any misinformation about our investments. We should rely on verifiable sources to make any estimates about any potential value we may derive.