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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Mac who wrote (9106)5/19/1999 12:00:00 PM
From: hoffy  Respond to of 52051
 
CURT alert. News just released not out on many wires yet. CURT is going internet. Very low float. Could be a huge mover.

CURT...internet NEWS!...Wednesday May 19, 10:47 am Eastern Time
Company Press Release
Curtis International Ltd. Announces Entrance Into Internet
ETOBICOKE, ONTARIO--(BUSINESS WIRE)--May 19, 1999--CURTIS (NASDAQ: CURT - news) announced today that they have taken their first step in route to becoming a leading seller of consumer electronics on the internet. Curtis' new e-commerce site, buyrefurb.net, will offer high quality brand name reconditioned consumer electronics at an exceptional value.

The site will open by July 1, 1999.

Curtis' CEO Aaron Herzog said, ''We are very excited to make our first entry into the e-commerce arena. The electronics re-furbish market is estimated at over $1 billion dollars annually in revenue and we expect to gain a significant stronghold in it. In addition we are continually exploring various ways and alliances to use the internet in growing our business and adding to our recently reported record sales and earnings.''



To: Mac who wrote (9106)5/19/1999 12:20:00 PM
From: Stock Watcher  Read Replies (2) | Respond to of 52051
 
BVRTF...definitely worth a look @ 6.38; P/E: 15; 2.8M float; rev's + 90% to 22.7M w/net of 2.2M...good pick...sw