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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC) -- Ignore unavailable to you. Want to Upgrade?

To: Elio Madama who wrote (4230)	6/2/1999 6:59:00 PM
From: Elio Madama	Respond to of 6957

ddstocks.com Today's Pick: DMEC @ $0.195 Cedar's Short-Term Picks! Diamond Entertainment Corporation 16200 Carmenita Road Cerritos, CA 90703 (562)921-3999 James K. T. Lu President Contact Investor Relations: Gary Swancey Marketex, Kilore 903-984-7660 marketex.net Share info (approx.): Outstanding: around 50 million Float: around 35 million Management: James K. T. Lu (CEO & President) Jeffrey I. Schillen (Executive Vice President) Fred U. Odaka (CFO/CAO) Bruce Clark (Marketing General Manager) Carol Cleveland (Market Cine * Chrome Cards) Katie Yu (Director of Operations) Thomas Sung (Chief of Operations) John Gonzales (Plant Manager) Sonya Wang (Accounts Receivable Manager) Donald Wong (Programming Consultant) Marketex (Investor Relations & Internet Media Consultant) DMEC- Diamond Entertainment- Their business involves the distribution and sale of video tapes and general merchandise. They also manufacture, purchase and distribute childrens's toys. Rumor has it that DMEC will soon be opening an e-commerce site at e-dmec.com. Yesterday, the company decided to allow investors to view a prototype site (http://207.246.226.130/.). Rumor has it that their e-commerce site will have the potential to hold as many as 100,000 products. DMEC also has distribution agreement to distribute Joe Dimaggio Commemorative Products, which is supposedly has a potential of $4 million in gross sales with net profits of about $1 million. Their toy line has been expanded to include several select Barbies. Another product line DMEC has rights to market and distribute is the Zoombie (R) product line, which is subject to minimum sales requirements as follows: $400,000 by Feb. 28, 2000 and $2 million by Feb. 28, 2001. In recent news DMEC announced exclusive marketing agreement for a 6 1/4" Screen PC Executive Notebook Computer: Hardware- 233 MHz CPU, 6 1/4" screen, 32MB Ram, 1.6 GB hard drive, touch screen technology, replicator, PCMCIA modem card carrying case, Windows 98 operating system. DMEC also has alliances or affiliations with around 30,000 companies. Some of these include Sam's Club, Costco, Walgreens,and Walmart. Rumors also have it that MM's may be short as many as 14 million shares on DMEC, which would be a substantial short position. However, this was not our reason for selecting this stock. If this turns out to be true it will be an added bonus. DMEC will soon have a fully operational e-commerce site and currently has a prototype that is not perfect (spelling errors and can't be used to purchase any products). However, we feel they must be very close with the site to give investors a taste of what is to come. It should be viewed positively that the company does not appearing to be raising expectations beyond what is possible. Recently, the stock has been under accumulation and has been stair stepping up, suggesting it works on forming a base at new levels. So far these bases continue to move higher. The stock appears to have fairly good support around $0.19-0.20. Considering the recent accumulation, DMEC appears ready for another move higher. Let's sit back watch and wait for the official release of DMEC e-commerce site. E-commerce is the most rapidly growing segment of the internet and it is a wise of DMEC to find their niche there. Price targets: Short-term it should be possible for DMEC to be around $1 within a month and maybe even $2 with a slightly longer time frame. If the number of shorted shares is indeed 14 million then $1 may be the low-end of a range. Related Links: diamond-entertainment.com (Home website with much information on management and the company) e-dmec.com (Future e-commerce site) biz.yahoo.com (News on DMEC) 207.246.226.130. (Prototype e-commerce site) ***All potential investors should do their due diligence by visiting the aforementioned sites. In addition, I recommend that you talk to Gary Swancey or to DMEC. DMEC Attorney, Transfer Agent, and Investor Relations Corporate Attorney De Martino Finkelstein Rosen & Virga 1818 N. Street, N.W. Suite 400 Washington, D.C. 20036 202-659-0494, Fax 202-659-1290 Stock Transfer Agent Continental Stock Transfer & Trust Company 2 Broadway, 19th Floor New York, NY 10004 212-509-4000 Fax 212-509-5150 Management Profiles James K. T. Lu ... CEO and President Education -B.S. Degree in Industrial Engineering -MBA in Finance (University of California State-LA) -Masters in Industrial Engineering (Illinois Institute of Technology) Background -Designed and built a state of the art Softgel pharmaceutical manufacturing plant (Cerritos, CA) -knowledge of banking, finance, management, manufacturing and distribution in both the domestic and international areas -9 years at DMEC -committed to foresight and vision Fred U. Odaka ... Chief Financial Officer and CAO Education -B.S. Degree in Finance (Fresno State College) Experience -30 years of Senior Level Management experience in corporate finance -20 years with three public companies: Traid Corporation, Wangco Inc., Rexon Inc. -Responsible for financial controls and reporting and the SEC filing for those three companies

To: Elio Madama who wrote (4230)	6/2/1999 7:05:00 PM
From: Elio Madama	Respond to of 6957

geocities.com DMEC (Diamond Entertainment, OTC): DMEC has been a featured stock on Baddog's board at least twice. We have bought and sold a few times, and it has ALWAYS been good to us, even if we sometimes had to wait a few weeks. We used to buy it at 0.05 and sell at 0.12, but this time we bought at 0.12 and are continuing to buy as long as we can under 0.22. Yesterday, with volume in excess of 4 million shares, DMEC closed at 0.195, so we have another order in this morning. Interest in DMEC has skyrocketed since talk of their website became audible, and the rumor (unverified by Baddog) is that the website could appear any time. But what makes this a bit different from the same-old-same-old website-coming scenario is that you can have a preview of the DMEC site at: e-DMEC Preview Further, this REPORTING bb stock can have its financials viewed at: DMEC Financials Recent news releases are available at: DMEC News Then there are the threads. It's a loyal crowd and exciting to an oldtimer like Baddog, who has been a believer since the days when this stock sold at 0.04 and had empty boards. We do think it's on its way now and we will, to repeat, continue buying under 0.22. Our target two weeks ago was set at 0.25, but we have now raised it to what we consider a conservative 0.40. "Undervalued Dog" gives a short-term target at one to two dollars.

To: Elio Madama who wrote (4230)	6/2/1999 7:10:00 PM
From: Elio Madama	Read Replies (1) \| Respond to of 6957

***********FROM LAST NIGHT************* DIAMOND ENTMNT (OTC BB: DMEC): The stock was unchanged to finish at $0.195 with a heavy volume of 4.394 million shares, three times of its 3-month daily average. Without counting the shares borrowed each other among some market makers (they often don't show this kind of transactions on trading log, but they list them as sells if they want to let people believe there are some sellers out there), the ratio of buy to sell is little over 3:1. Now we feel we have a perfect opportunity to buy more at these level, as those market makers, who are shorting the stock, have not realized the company is going to officially launch its e-commerce site in the very near future. Don't take our words for granted. Do your own research and make your own decision. In fact, you can preview the website at 207.246.226.130. The site still needs some work including data base and credit card process. One thing that we like about the company is that they distribute all types of merchandises via both the Internet and the traditional way. Unlike many Internet retailers, DMEC has an alliance that has over 30,000 stores across the nation to distribute its products. This tremendously helps the bottom line of revenues and profit margin. Also, the company is working on some partnership with some major established Internet outlets to guarantee its success in various ventures in the near future. We believe these brand names of the Internet outlets alone will add a value of $1-$2 to the stock, not even mention huge potential of the distribution of the company's products via the Internet. Again, we find a keep here. We are buying as we can, as there is little downside risk here if there is any. The stock is rated strong buy under $0.22. Our short-term target price is $1 to $2. Next Previous \| Previous \| Next \| Respond \| Quotes - News - Discussion - $5 and Under View SubjectMarks Bookmark this Subject Diamond Entertainment Corp. (OTC: DMEC) Time: 3:57PM Last Trade 0.197 Change + 0.002 (+1.03%) Bid 0.