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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: blokker who wrote (10336)	3/1/1999 10:23:00 PM
From: hoffy	Respond to of 56532

>>>anyone know anything about KZAR,EINI, or MRPS?>>> I know about MRPS. This is a great small company. They make a product that uses sound to detect problems in almost anything. GM, Ford and NASCAR are buying it for their cars. The Army is buying it for their tanks. It can be used for a wide variety of uses. Almost any company that uses rotating machines will get this. It'll almost be standard issue for mechanics. It's a small relatively cheap device that is easy to use. The margin on it is fairly high and they have the patent for it with very little if any competition from anyone else. This comapny has been rising fast not on internet hype but merely on the fact that people are realizing what this company has and that it will be a big money maker in the future. They have been engineering and fine tuning this device for a few years now and the contracts are rolling in very very fast. Look at the recent deals with the big names. They'll be more like this in the next week and I'm sure almost every week after that as the deals get signed. They are ready for a big expansion in this production phase. I think in a few months or maybe sooner this will be trading in double digits. Get in early and ride this company to big big profits

To: blokker who wrote (10336)	4/12/1999 5:20:00 PM
From: Mazzi	Respond to of 56532

Analyst Coverage initiated on e-Auction Global Trading with a "Buy" at $12. I noticed your section on e-Auction. This came out on Dow Jones today. 1968 DJ 12-Apr-99 at 15:13:00 15:30 Page DJN =TD Securities Starts E-Auction Global Trading At Buy >EAUC Symbol: EAUC Industry: CSV HOU Subject: DJN DJWI CAC CRA DJS ERP EST RTG Market Sector: NCY Geographic Region: CN NME ONT Product/Service: DAR DCA DCP DEU TORONTO (Dow Jones)--TD Securities Inc. analyst David Beck initiated coverage of e-Auction Global Trading Inc. (EAUC) last week with a "buy" rating and a target of US$12. e-Auction, Toronto, which became a publicly traded firm last month in a reverse stock merger with Nasdaq-listed Kazari International Inc., conducts online commodities auctions and foreign-exchange transaction services. Kazari changed its name to e-Auction last week. e-Auction is tiny but it is different from most Internet plays in one major way: it makes money. It had net income of US$1.5 million on revenue of US$4.9 million in 1998. In a report dated April 8, Beck projects that e-Auctions's revenue will increase to US$12.8 million in 1999 and US$42.1 million in 2000, while he sees net income increasing to US$3.3 million or 8 cents a diluted share in 1999 and to US$11.2 million or 26 cents a diluted share in 2000. His price target of US$12 is based on 45 times his 2000 net profit estimate. The stock is trading at 10 7/16 on Nasdaq, giving the company a market capitalization of about US$440 million. e-Auction was created through the merger of three companies: Generated Solutions Ltd., which developed software for electronic auctions; National Electronic Marketing Inc., which had the exclusive rights to market the GSL software outside of North America; and Jameson International Foreign Exchange Inc., which conducted foreign-exchange services for about 4,000 companies mainly in Ontario. In 1998, e-Auction completed about C$2.7 billion worth of transactions. Analyst Calls e-Auction Process Cost-Effective, Easier The three companies make a strong combination, Beck writes. "The financial-services offering, particularly the settlement and foreign-exchange components, is an integral part of the auction process," Beck writes. "Settlement is very time consuming for both buyers and sellers and by offering these services in conjunction with the online auctions, e-Auction makes it easier and most cost-effective to complete a transaction," he writes, noting that about 40% of all auction transactions are international. Most of the company's auction business is in Ontario, where about 10% of livestock auctions are online. The company recently signed letters of intent to conduct livestock auctions in Australia/New Zealand, Africa and Europe. Beck writes that, with the addition of five more customers from new regions, e-Auction should be able to manage more than US$1 billion annually in livestock trading soon. Beck expects 1999 sales to be about evenly split between auction revenues and foreign-exchange services. He expects auction revenue to grow at 425% annually through 2000, while he sees foreign-exchange revenue growing at 30% annually. Online livestock auctions hold big cost advantages for both sellers and buyers, according to e-Auction documents. Buyers pay just C$2 an animal in an online auction and sellers pay C$23.50. In live auctions, the buyer pays C$29.35 an animal while the seller pays C$53.50. A large part of the cost difference is the cost of shrinkage and transportation involved in live auctions. -By Scott Adams; 416-943-7804; scott.adams@dowjones.ca (END) DOW JONES NEWS 04-12-99 03:13 PM End of News