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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: Nietzsche who wrote (64625)3/27/1999 5:12:00 PM
From: Mr. Big  Respond to of 119973
 
PWCC looks good a these levels... Between FLAS and carclub.com (upcoming IPO) I expect to see $30 in the next 3 months...

Big

SAN FRANCISCO, CA, December 16, 1998...... Consumers Car Club (www.carclub.com) has been named the top Internet auto buying site for the second year in a row by a leading Internet publication, outperforming seven other auto-related sites, including Auto-By-Tel and Microsoft?s CarPoint.

The rating is part of an annual survey of Internet sites published in the January, 1999 issue of Yahoo!Internet Life magazine. Carclub.com is one of Yahoo?s 98 "Best of the Best Sites," which lists top web sites in each of 98 categories.

According to Yahoo!Internet Life evaluators, "Our Site Test ?.on shopping for new car yielded Consumers Car Club as the overall winner. It tracked down the best deal within four business days?. and promised delivery in one week??After you tell the site what you want, it will identify local dealers, factory-order the car if necessary, negotiate the price for you, deliver a buyer?s order for you to sign, help you with dealer paperwork and even assist with a trade-in."

"We are absolutely thrilled to see carclub.com recognized two years running as the best car buying site on the Internet," said Consumers Car Club President and CEO Michael London. "Both on our Internet site and at our state-of-the-art customer call centers, Car Club helps consumers buy or sell new or pre-owned
vehicles, saves them time and money on their auto-related needs, and offers the backing and consumer clout of the CarClub every time they use our services."

With a steadily expanding market for used vehicles, Car Club also offers an array of services that help consumers evaluate, buy, sell, finance, insure and maintain pre-owned vehicles. Visitors to carclub.com can research the ownership history of individual used vehicles, obtain current pricing for most makes and models, list a vehicle for sale on the Web?s largest used car Classifieds, request auto financing and
insurance quotes, and order a door-to-door, rigorous inspection that can qualify the vehicle for extended warranty protection. These services permit used car buyers to have the same protection and peace of mind enjoyed by new-car buyers.

"Car Club is the automotive consumer?s most valued friend and advocate," London continued. "We are adding new products and services, forming new strategic alliances and developing a total package that will make us the car club for the 21st Century.

On Wednesday, Consumers Car Club and First Priority Group (Nasdaq symbol: FPGP) announced a proposed merger which will create the premier Internet provider of comprehensive vehicle-related services to individual consumers and businesses of all sizes. The publicly-traded company will combine First Priority's extensive experience in managing automotive fleets for many of the nations' largest corporations and Car Club's innovative array of products and services for automotive consumers.

With headquarters in San Francisco, Consumers Car Club has served car consumers since 1987. It is the endorsed provider of vehicle buying and ownership services to numerous national affinity and membership groups serving over 15 million consumers.

PWCC conservative value:
1.2 million shares FLAS = $39 million
Cash on hand = $6.7 million
carclub.com investment = $15 million
vaultline = $5 mil. (just being conservative)
FPGP = $0
Fourteen Hill = $10 mil
AMXI = $0
HMSK = $0
WRDP = $0

Less debt of $9 million
Total market value of 66.7 million / 3.26 millin shares = $20.50

1,000,000 float could be beneficial if this stock is discovered.

Top Five Institutional Holders
Rank Institutional Name Report Date Position
1 FLEET FINANCIAL GROUP, INC. 12/31/98 223,000
2 HEARTLAND ADVISORS INC. 09/30/98 160,600
3 CIBC OPPENHEIMER CORP 12/31/98 1,900
4 BARCLAYS BANK PLC 12/31/98 1,600