Dear Doc: No, I havent figured anything out. I have learned that there was a company PREVIOUSLY named Growth Capital and follows is a recent press release. However, I cannot match it with any addresses supplied. JDN
MicroCap1000's Internet Picks Outperform Quarter's Top Mutual Funds; Five Internet Picks for 1999 Up 138% So Far for Year
SANTA MONICA, Calif.--(BUSINESS WIRE)--April 8, 1999-- MicroCap1000.com, a wholly owned subsidiary of MicroCap Financial Services.com, Inc. (OTC BB:MFSI), today announced that its Five Small-Cap Internet Picks for 1999 gained 138.25% during the first quarter, outperforming the nation's top mutual funds as rated by Morningstar, Inc.
The picks were C-Net (CNET), Real Networks (RNWK), SportsLine (SPLN), Preview Travel (PTVL), and Market Guide (MARG). They were published on the site, www.microcap1000.com, on December 31, 1998, and were recommended to MicroCap1000.com by three leading Internet analysts: Keith Benjamin of BancBoston Robertson Stephens, who selected CNET, SPLN, PTVL; Dan King of LaSalle St. Securities, who also picked CNET and added MARG; and Rob Martin of Friedman, Billings, Ramsey, who recommended RNWK.
All five were then small caps, though two of the stocks, CNET and RNWK, have since catapulted into mid-cap land.
"These performance results underscore the service MicroCap1000.com provides investors in highlighting information on small companies that are poised for significant growth," says Jay Matulich, Chairman of MicroCap1000.com.
The picks beat out the top mutual funds for the quarter, according to Morningstar, Inc., which were Nicholas Applegate Global Technology Fund, up 96.66%; The Internet Fund, up 93.07%; and Monument Internet Fund, up 91.86%.
Further, MicroCap1000.com's Model Portfolio, a basket of 15 high-growth stocks, gained 24.8% for the quarter, placing it among the top-25 on Morningstar's list in terms of quarter performance.
MicroCap1000.com is a wholly owned subsidiary of MicroCap Financial Services.com, Inc. (OTC BB:MFSI), an international multimedia provider of online financial news and information services to the investment community. MicroCap1000.com, which was fully launched in early October 1998, provides comprehensive, Internet-based electronic publishing of unique content on the U.S. MicroCap sector. Currently with more than 150,000 free subscribers, MicroCap1000.com is recognized for its cutting-edge news and commentary and was rated by Barron's (11/23/98) as one of the top financial Web sites.
Through UK-iNvest.com, being launched in April 1999, MFSI has initiated its global Internet expansion. UK-iNvest.com will be the exclusive provider of investment information on Freeserve Limited, the UK's largest and fastest growing Internet service provider. Freeserve is a subsidiary of Dixons Group, plc, the UK's largest electronics retailer.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this news release that may be considered forward-looking statements could be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected. These include uncertainties in the market, competition, legal, success of marketing efforts and other risks detailed from time to time in the company's SEC reports. The company assumes no obligation to update the information in this release.
For additional information regarding MicroCap Financial Services.com, Inc. and UK-iNvest.com, please contact Michael Jacobs at the Boca Raton, Florida office:
7280 W. Palmetto Park Road
Suite 202
Boca Raton, FL 33433
561-417-8053 (tel)
561-417-8054 (fax)
Email: mjacobs300@microcap1000.com
For additional information regarding MicroCap1000.com, please contact Lisa Taylor at the Los Angeles, California office:
2425 Olympic Boulevard
Suite 660E
Santa Monica, CA 90404
310-828-8838 (tel)
310-828-7218 (fax)
Email: ltaylor@microcap1000.com
For additional information regarding MicroCap1000.com in the financial community, please contact:
Richard Carpenter or Jeff Lamberson
At American Financial Communications
2420 "K" Street, Suite 220
Sacramento, CA 95816
916-552-6532 (tel)
916-552-6537 (fax)
CONTACT:
MicroCap Financial Services.com, Inc., Boca Raton, Fla.
Michael Jacobs
561/417-8053 (tel)
561/417-8054 (fax)
Email: mjacobs300@microcap1000.com
or
MicroCap1000.com, Los Angeles
Lisa Taylor
310/828-8838 (tel)
310/828-7218 (fax)
Email: ltaylor@microcap1000.com
or
For Financial Community
American Financial Communications, Sacramento, Calif.
Richard Carpenter or Jeff Lamberson
916/552-6532 (tel)
916/552-6537 (fax)
KEYWORD: NEW YORK CALIFORNIA INTERNATIONAL EUROPE
BW0089 APR 08,1999
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