SPECIAL SITUATIONS
By Lawrence C. Oakley
August 1999


Download the Conservative Speculator August 1999 Issue by Clicking Here.
File is a Self-Extracting Zipe File. Download file then Double Click to Extract the file. Extracted file name is august.doc which can be loaded into Microsoft Word.


Bidhit.com Inc.
  • Interactive real-time Internet auctions
  • Consumer electronics & sports memorabilia auctions online
  • Over 100,000 registered users
  • Profitable
  • Growing fast
  • Aggressive marketing

Key Facts
Business: Online Auctions
Listed: OTC Bulletin Board
Symbol: BHIT
Price (7/30/99 Last): 4-3/4
Dow (7/30/99 Close): 10,655.15
Shares Out: 11.18 million
Approx. Float: 5 million shares
Market Cap: $53.1 million

Overview
We are at the forefront of a new era. Traditional business models will disappear as online wired (& wireless) business shapes & defines e-commerce innovation on the Internet. Interactive Internet auctions are a proven, easy, & exciting way to profit from e-commerce. Many are convinced that the "variable pricing" method used to match buyers & sellers posed by online auction companies will bring the greatest innovation to e-commerce.

As I've been pointing out in editorials & at investment conferences, the Internet revolution is really just at its beginning.

...click here to read more about Bidhit.com Inc.

Ultimate Sports Entertainment, Inc.

  • Set to release "Cosmic Slam," one of four comic books based on such players as Mark McGwire, Sammy Sosa, Jeff Bagwell, & David Justice of the Major League Baseball Players Association
  • Licensing pact with NFL Properties & the NFL Quarterback Club
  • Licensing agreements with such top name professional athletes as the NBA's Karl Malone, Chris Webber, & Tim Hardaway
  • Negotiating with various television/film/video animation produc- tion companies to develop an animated series for TV & direct to video based on characters in its comic books
  • Projecting 1999 revenues at $2,570,000; 2000 at $6,790,000

Key Facts
Business: Publishes comic books & Internet broadcasting based on famous professional athletes
Listed: OTC Bulletin Board
Symbol: ULSP
Price LVDG (7/30/99 Last): 3-1/32
52 Week Range: 5/8 - 4-1/4
Shares Out: 7.1 million
Approx. Float: 2.4 million shares
Market Cap: $21.5 million

...click here to read more about Ultimate Sports Entertainment, Inc.

Other Features This Month

Editorials
Update Briefs
Sneak Previews
Dow 30 Market Timing - Kenneth Coleman

...continued on next page, click here

 

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