To: Chip Roos who wrote (529 ) 4/7/1999 1:50:00 PM From: CIMA Respond to of 626
Dear BFN Readers, We have received a mixed bag of emails from you this week. Many of you are ecstatic about the performance of LCS Golf (OTC BB: LCSG) over the last two weeks and other readers are dismayed at the performance of some other stocks that we cover. We would not hazard a guess at an OTC stock's short term movement, although we certainly believe the recent sell off in FSOL and VGCP are overdone and very short sighted. We think the intermediate to long term prospects are outstanding for both companies. The OTC market is very inefficient, because there is not a great deal of information. This presents opportunities for savvy investors, but is not easy on the stomach and may cause some restless nights. Take LCS Golf for example. LCSG went from $.43 to $1.78 within several weeks after we first reported our analysis of the company to you. Then it fell back down to $0.70 and stayed below a dollar for two months. Then investors started recognizing the undervalued stock and it is now in the mid $2's. This is an interesting case study of both the potential and volatility of otc stocks. It also demonstrates the importance of diversification, especially with micro caps. Many of the emails we have received regarding stocks that are down have a near identical tone as emails we responded to a month ago about LCSG. We aim to find diamonds in the rough and in many cases, these undiscovered gems will be very volatile before investors and Wall St. ultimately recognize these undiscovered stocks. Not only do we want to discover these diamonds in the rough and share our analysis with you, we want to encourage you to learn to do the due diligence necessary to discern the potential diamonds from the lumps of coal. So here is a deal we want to make with all shareholders or potential shareholders of Filtered Souls Entertainment (OTC BB: FSOL) and Viking Capital (OTC BB: VGCP). Give them a call, and email Bill Fossen, CEO of Viking Capital at bfossen@vcgi.com Mr. Fossen is extremely busy through early next week, so the best way to contact him is via email, not over the phone, but he may be able to spare a few minutes if his response via email is unclear. Viking Capital Group, Inc. Phone: (972) 386-9996 Fax: (972) 386-7864 The best people to contact at Skyline Records/Filtered Souls: Danny Tartataglia or Shanon Thames Phone: (619) 274-3013 Anyone who is not impressed by the prospects for either of these companies will be reimbursed twice the cost of the phone call by Business Financial Network. "DUE DILIGENCE CONTEST" We also want you to share the fruits of your research with other readers. Anyone who sends us an email reflecting some analysis on any of the following companies: FSOL, VGCP, LCSG, ECIC, or TOCK will be enrolled in a "Due Diligence Contest." The total amount of prizes and specific prizes are yet undecided and depends upon the level of response. The more emails you send and the more info you dig up, the greater the number and size of prizes to be awarded. Contestants will be weighted by the depth of their research and analysis. Please send the information to both: iwyatt@bizfn.com and alexsvs@erols.com We will consolidate this information along with our own two cents and distribute a report to subscribers to our Premium Newsletter. The subscription is free for at least the next three months and sign up is easy, just go to: bizfn.com The report will also be posted at bizfn.com a couple of days later. To insure timely receipt of this information, be sure to subscribe to the Premium Newsletter. We look forward to your feedback. The following are links to recent reports on some of the small cap stocks we cover. If you have not already read them, you might want to do so. Please remember to do your due diligence and read the disclaimers at the bottom of these reports. Filtered Souls Entertainment (FSOL)aheadofthestreet.com LCS Golf (LCSG)smallcapforum.com TOPCLiCK International (TOCK)otcinvestor.com Eagle Capital International (ECIC)aheadofthestreet.com Viking Capital Group (VGCP)otcinvestor.com BFN thanks you for your interest and participation. Through your contributions and those of others, we hope to grow BFN into a truly interactive service between both readers and the staff here at BFN. Again, thank you for your continued support. Ian Wyatt - President & Alexander von Streeruwitz - Vice President Business Financial Network, Inc. Internet: bizfn.com Phone: 608-363-1110 Fax: 608-363-0748