To: P.E. Allen who wrote (8388 ) 3/5/1999 2:01:00 PM From: CIMA Respond to of 15987
LCSG Research Report out: Company: LCS Golf Inc. Symbol: LCSG Exchange: OTC:BB 52 Week Low-High: 0.13 / 1.80 Current Price: $1.09 ********************************************************* Summary: LCS-Golf is a significantly undervalued e-commerce / Internet portal company with 9.5 million shares outstanding. F1999 revenues are estimated at US$20 million. LCS-Golf also owns a database with information on over 3.2 million golfers. LCS-GOLF, INC. (OTC BB: LCSG) 24 East 12th Street New York, New York 10003 Phone: (212) 929 - 3376 Fax: (212) 229 - 2349 website: lcsgolf.com Could LCSG be to the golfing industry what Amazon.com is to books? LCS-Golf, Inc. (OTC BB: LCSG) is a holding company specializing in the acquisition and subsequent management of companies offering both products and services to the golf-playing public. Since going public in mid-1998, LCS-Golf has been aggressively acquiring undervalued golf-related companies that possess unique and profitable niche positions in their respective markets. Today, LCSG is the premiere golf portal on the Internet. LCS-Golf currently has 9.5 million shares outstanding, with a float of about 4.2 million. With its new e-commerce capabilities (including a strategic alliance with Amazon.com), LCS-Golf is estimating revenues of US$20 million for fiscal 1999. The company's websites provide a solid base, and the executives of LCSG are quickly developing an infrastructure for major and diverse streams of revenues. Football legend Joe Namath has been hired as a spokesman for the company's therapeutic sports magnet products, and he will soon begin appearing in a series of infomercials airing coast-to-coast, marketing LCSG's therapeutic sports magnet products. Recent LCSG acquisitions include the well-known GolfUniverse.com e-commerce site, Mister "B" III (therapeutic sports magnet products), PlayGolfNow.com - the leading provider of discounted golf services and products, and GolfPromo, Inc., an Internet direct marketing company with a database of 3.2 million golfers and over one million e-mail addresses. Specifics on each of LCS-Golf's four wholly-owned subsidiaries are as follows: GolfUniverse.com GolfUniverse.com ( golfuniverse.com ) is the Internet's premier golf information center. The depth of product and service offerings at this e-commerce site are unparalleled - all the major equipment manufacturers, apparel designers and virtually every imaginable golf-related product and service (over 1,800 categories at last count!) are available for viewing and purchase instantaneously from the comfort of one's home or office. They also have a database with complete information on over 24,000 golf courses around the world. PlayGolfNow.com Acquired in January 1999, this LCSG subsidiary is the Internet's leading provider of discounted golf services and products. PlayGolfNow.com pioneered Internet-based golf services, maintains a strategic alliance with Amazon.com. Through its unique membership program, PlayGolfNow.com (http://www.PlayGolfNow.com ) offers golfers worldwide access to course previews, discounted greens fees at over 2,000 golf courses and 400 driving ranges, and a wide range of other services from the world's leading golf and travel companies. PlayGolfNow.com also provides a monthly newsletter to 150,000 Internet-based subscribers. Mister "B" III, Inc. Mr. "B" III, Inc. is a Florida-based company that develops, manufactures and distributes therapeutic sports magnet products. The firm also produces and distributes other lines of consumer products such as microwaveable heating pads, children's novelty products, and houseware items. Mr. "B" III has an extensive and distinguished nation-wide customer base, including: Target, Wal-Mart, J.C. Penny, Montgomery Ward, and the GolfUniverse.com website. Sales for fiscal 1999 are estimated at over US$6 million (traditional retail sites only). Golf Promo, Inc. The most-recent acquisition by LCSG, Golf Promo Inc. is a Naples, Florida-based Internet direct marketing company with a database of 3.2 million golfers. Golf Promo also maintains databases of individuals associated with the travel, healthcare and investment industries. The acquisition of Golf Promo will allow LCS-Golf to target specific groups of high net worth consumers and investors - both for direct-marketing of specific GolfUniverse.com, PlayGolfNow.com and Mr. "B" III products and services, in addition to being able to lease these databases to other companies (for a sizable fee) wishing to target market their own products and services. During 1999, we expect to see LCSG shift to a full NASDAQ listing (in addition to becoming a fully-reporting company), which will provide further exposure and access to institutional funding and analyst coverage. For readers interested in a discussion of future earnings and projected trading prices of LCSG, an independent research report can be viewed at: smallcapforum.com For more information, please contact: Alon D. Kutai Investor Relations Phone: (401) 846 - 5212 ********************************************************* This bulletin is sponsored by the company and/or another party and has been sent to you for no charge. This is a service provided by StockHouse to public companies so they can disseminate recent significant developments, which potentially can affect their share price. This is not an offer to buy and sell any security which can only be made through a registered representative. StockHouse makes no warrantees as to the accuracy or completeness of the above information. 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