SI
SI
discoversearch

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.
Technology Stocks
SPNT (FILM) SHOPNET.COM
An SI Board Since May 1999
Posts SubjectMarks Bans
16 0 0
Emcee:  TOPFUEL Type:  Unmoderated
Hello I am still learning about this stock but they just recently did a name and ticker change (http://biz.yahoo.com/snp/990513/film_mfg_n_1.html) to improve the companies image and also change there name to the new direction the company seeks to grow its business to increase shareholder value(http://www.usa-shopnet.com/). Down below is some DD I found from another SI poster in refernce to FILM now SPNT :

FILM... Hollywood Productions.
O/S: 5.37 Mil
Float: 3.20 Mil
Current EPS +.16

The name "Hollywood Productions" leads you to believe you are looking at a movie
company. You would be correct.

However, the movie biz that FILM has engaged in is not profitable and the Co. has the
sense to see this.

FILM's other biz is selling swimsuits which has been profitable. Also, FILM owns 25%
of the very profitable and rapidly expanding PlayCo Toys.
FILM started selling swimsuits through a web site:
breakingwaves.com
here is the news of 10 Mar:
biz.yahoo.com

PLCO has had no problem making money and has opened two web sites:
here are two news releases:
biz.yahoo.com
biz.yahoo.com

Here is FILM's latest 10KSB:
sec.yahoo.com
Notice how the swimsuit biz is steady income, while the movie biz a
"ball and chain"

So what is the big deal?

The movie biz "Hollywood Productions" is going to be spun off into a
Private company independent of FILM. This is good...

The swimsuit biz and and PlayCo Toys are going to be combined into one
biz with more add-ons later. In other words: FILM is acquiring PLCO... including
PLCO's web sites. This will take 90-120 days.
They will be combined under the name: SHOPNET.COM
New ticker: SPNT.
Web site: usa-shopnet.com

if anybody else has info to add please do

David
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
16 Haven't heard a thing...watching & waiting... jimChartgod-1/20/2000
15 It hit 7 1/2 today -- anyone know the news?momojoe-1/19/2000
14 TF, You still in this one? I ran across it a couple months ago, and looked Chartgod-1/15/2000
13 Looks awfully good... it would seem that you have made some money on it. :) Tom Allinder-10/29/1999
12 WTF doesnt anybody care about this stock I give up TOPFUEL-10/29/1999
11 Hey nice to know somebody out there owns this stock besides me patients will reTOPFUEL-7/31/1999
10 I tucked some away a couple months back for retirement (maybe 4 yr). Thanks fJoe Wlosinski-7/31/1999
9 In Case somebody gives a dam about this stock there was good news Friday FridTOPFUEL-7/31/1999
8 Looks good...:-) (parts of) sec.yahoo.com General Shopnet.com, Inc. (the &qEllen-5/30/1999
7 Sorry, but this bothers me - <i> The company has indicated that it will Ellen-5/30/1999
6 Heres some DD from a non SI member that emailed me : saw your posting on silicTOPFUEL-5/30/1999
5 Thanks Ellen that was a great find I actually learned a few more things about STOPFUEL-5/30/1999
4 Here's some recent coverage. damexresearch.comEllen-5/30/1999
3 Hey Thomas hows the paint drying on your end LOL :) One day this stock will wTOPFUEL-5/18/1999
2 There is a possibility that the news released Thursday will be re-released alonTom Allinder-5/16/1999
1 Topfuel, Thanks for starting the Shopnet.com thread. Looks like it has a lotNorms-5/16/1999
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):