To: wombat who wrote (988 ) 4/19/1999 11:26:00 AM From: Howard Kirk Read Replies (1) | Respond to of 1530
To all, I found this internet company. Any thoughts? Have we talked about this one before? Howard MEDCARE TECHNOLOGIES, INC.: THE NEXT INTERNET SUPERSTOCK! MedCare Technologies (NASDAQ:MCAR:$6 13/16). A week ago we announced this one in a STOCK ALERT at $5.50. It opened much higher and almost hit $8. It since pulled back a little bit, but is still a fantastic value. We think this company has more potential than any company that we have seen before. MCAR is an undiscovered INTERNET gem whose revenues are growing at an amazing 35% per month. If it is discovered by Wall Street, look out! Our short term target for MCAR is up to the $15.00 area, and $30 to $40 in the longer term. Here is an overview of MCAR: MedCare Technologies, Inc., through its wholly owned subsidiary, medcareonline.com, Inc., has developed a comprehensive Internet healthcare "portal" (starting point) offering extensive medical and wellness information. MedCare's health portal has been designed to meet the current grassroots movement sweeping across the web, where 46 percent of all online users search for information about a medical or personal problem according to a recent Intelliquest Inc. survey. MedCare's portal provides health-specific information and resources, such as health travel advisory, health news, symposiums, medical journals and publications. Similar to other vertical portals, such as CNET, E-Trade, Imall, and Sportsline, focuses on one specific segment, thereby making the online users experience more time efficient, effective and enjoyable. In addition to offering comprehensive medical information to consumers, medcareonline.com also plans to offer free web hosting and home page services to an estimated 750,000 US physicians, enabling them to send and retrieve free e-mail, conduct e-commerce and allowing their patients to interact on various health topics in ''disease and condition'' specific chat rooms. Similar to the successful hosting services offered by Xoom and Mindspring Enterprises. MedCare's physician-specific web services will be initially offered in the U.S., with future expansion planned overseas. Medcareonline.com will also offer for sale over 30,000 items, or seven times the assortment of an average natural products store, including vitamins, supplements, minerals, herbs and other natural products. ''At present, the $12 billion vitamin and other nutraceutical business is growing at a healthy 12 percent annual rate,'' states Mr. Jeff Aronin, President and CEO of MedCare Technologies. ''But more importantly, fully 96 percent of all consumers still purchase their natural products from a traditional store, representing a great online sales opportunity for medcare's e-commerce initiatives.'' We like the fact that MCAR is NASDAQ listed, has solid revenues and assets, and has over $2 million in cash! We also like that they are a pioneer in developing an INTERNET presence for the medical industry. MCAR could be the next YAHOO of medical information over the Internet. We believe that the investment community is about to discover MedCare and we know how quickly INTERNET stocks can move! For more information about Medcare visit the website at medcareonline.com . The MCAR profile is now posted on the Wall Street West website at wallstreetwest.com . A brand new MCAR research report is currently under development and will be sent out this week via email.