Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?

To: PK who wrote (177)	4/21/1999 4:33:00 PM
From: tranzz	Read Replies (2) \| Respond to of 7056

What is your take on the just released news? The way I see it, its a very positive confirmation of the $10MM private placement. Its not the "jawbreaking" news that I was expecting, however I like these statements. ''The market has reacted favorably since the investment was announced on April 16, 1999. At the time the investment was negotiated, the trust was acquiring Hitsgalore.com stock at virtually no discount from the market value. That market value has now nearly doubled, and we are confident that the trust is pleased and will favorably consider other significant transactions with Hitsgalore.com.'' Hitsgalore.com also announced that it is very pleased with the results of its recently announced partnership with DoubleClick Inc. (Nasdaq:DCLK - news) for online advertising. Since the advertising campaign was begun, traffic to the website at hitsgalore.com has increased, according to the company's internal counts, to more than 2 million hits per day. Just my opinion FWIW...