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Codes: At the end of each Update & Sneak, there
are three codes. They have a rating from 1 to 10. Those numbers
reflect my personal opinion. Please -- do not take action based
on my opinion alone. Do four things before taking action: (1) Read
my original writeup to get an overall feel (in the case of updates
on recommendations); (2) Get the latest 10-Q, 10-K, corporate profile,
& news releases; you can access them at www.wallstreetcorner.com
on the Internet; (3) Study them; & (4) Call a key member of management
to get a final impression. If anything bothers you regarding that
call, pass. There are lots of situations. Do not invest unless everything
about a situation feels good to you.
"R" stands for "Risk Rating." A "1" means I view the
situation as having an extreme amount of risk. A "10" means very
low risk -- a much sounder, more financially stable situation. You'll
see hardly any with a "1" or "10" rating. I chose "10" to mean lower
risk so the higher the number after each of the three codes, the
more favorable the rating.
"M" stands for "Midterm Appreciation Potential." A "1"
means I view the situation as having a small degree of midterm ("mid-term"
is six to 12 months) potential. A "10" means really outstanding
midterm potential.
"L" stands for "Long-term Appreciation Potential." A
"1" means I view the situation as having a small degree of long-term
("long-term" is over one year) potential. A "10" means really outstanding
long-term potential.
A1 Internet.com, Inc. (OTC Bulletin Board/AWON -- CS Sneak
8/99) announced 8/23/99 that its subsidiary A1 Internet Services,
Inc. completed its selected asset purchase on Net American Incorporated.
Leonard Tambasco, president of AWON, says:
"The projected numbers for these contracts could represent
revenue increases for AWON in the amount of $50 million for the
coming fiscal year. We have been making all the right investments
in our infrastructure & are on target to become the preeminent supplier
of Global Internet Services."
Board Watch, an Internet magazine, will do a feature on AWON in
its September 1999 issue. Call Roseanne Farino @ 888-865-2223 or
561-218-2223, fax 561-218-0112, e-mail -- Investorrelations@A1is.com,
or write 7900 Glades Road, Suite 435, Boca Raton, FL 33065 www.A1Internet.com
[R-6; M-7; L-8]
Allied Devices Corporation (NASDAQ/ALDV -- CS 2/98) reported
revenues of $5,688,164 for Q3 (6/30/99) (up 35%), with earnings
of $146,353. Call Paul Cervino @ 516-223-9100 x238; fax 516-223-9172,
or write 2365 Milburn Ave., Baldwin, NY 11510. www.allieddevices.com
[R-7; M-7; L-8]
American Bio Medica Corp. (NASDAQ/ABMC -- CS Sneak 12/98)
reported sales of $7,038,000 for the year ended 4/30/99 (up from
$2,154,000 last year), with net income of ($1,691,000), improved
from the greater loss last year of ($4,390,000). ABMC's Rapid Drug
ScreenTM is now used in 100 schools across the country to deter
substance abuse. ABMC is going after several companies it claims
are infringing on its patent and trademark rights. Call Melissa
Decker @ 800-227-1243, fax 518-822-0391, e-mail abmc@taconic.net
www.americanbiomedica.com [R-6; M-7; L-8]
DCH Technology, Inc. (OTC Bulletin Board/DCHT -- CS 6/99)
has all sorts of good news. Here's an excerpt from one release I
received 8/25/99:
"Among the various emerging energy technologies being rapidly
developed and deployed, fuel cells will be the leader in the evolving
worldwide distributed generation industry, according to a new report
from Allied Business Intelligence, Inc. (ABI) Substantial financial,
marketing, and organizational resources are currently being devoted
to fuel cell technology, driving the nascent market from approximately
$40 million in 1999 to over $10 billion by 2010, according to ABI
findings."
I suggest you call to request copies of news releases, or go to
the Financial Navigator at www.WallStreetCorner.com where you can
download news releases on any public company. I like this situation
-- it's probably the single most impressive long-term emerging growth
situation I've seen in the last 20 years. The key is its long-term
potential, and the fact that its price is at a reasonable level
right now. Check it out. Call DCHT's IR Dept. @ 661-775-8120 ext
11, fax 661-257-9398, e-mail: DCHTinfo@aol.com, or write 27811 Avenue
Hopkins #6, Valencia, CA 91355 www.dcht.com [R-6; M-8; L-9;]
DHB Capital Group Inc. (NASDAQ/DHBT -- CS 7/99) reported
sales of $10,539,318 for Q2 (6/30/99), with net income of $129,064,
up 18%. DHBT received an additional $5.5 million order from the
U.S. Army Material Command Acquisition Center, Natick Contracting
Div., bringing the total orders to $30.5 million. Call VP Rich Cote
@ 800-979-4343, fax 516-997-1144, or write PO Box 269, Old Westbury,
NY 11568. [R-7; M-7; L-8]
DRS Technologies, Inc. (AMEX/DRS -- CS Sneak 8/98) reported
Q1 (6/30/99) revenues of $88,175,000 (up 92%), with net earnings
of $968,000. Call Patricia M. Williamson @ 973-898-1500, fax 973-898-4730,
or write 5 Sylvan Way, Parsippany, NJ 07054 www.drs.com. [R-7; M-7;
L-8]
Empyrean Bioscience Inc. (OTC Bulletin Board/EMDG -- CS
6/98) appointed Lawrence D. Bain as the sixth member of its board.
Bain is a senior VP at the investment banking division of Stifel,
Nicolaus & Co. Inc. Call CEO Stephen D. Hayter @ 623-879-6935, write
2238 West Lone Cactus Dr., Suite 200, Phoenix, AZ 85027, or call
Linda Decker @ EMDG's IR firm @ 212-564-4700. www.empyreanbio.com
[R-5; M-6; L-8]
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Fonar Corp. (NASDAQ/FONR -- CS 1/93) began its full-scale
sales offensive by appointing Sol Ginzburg VP sales. Fonar spent
2.5 years in R&D on its new open MRI scanners & is now ready to
move ahead. Call David Terry or Daniel Culver @ Fonar @ 516-694-2929,
fax 516-390-9540, e-mail: investor@fonar.com, or write 110 Marcus
Dr., Melville, NY 11747-4292. www.fonar.com [R-7; M-6; L-8]
Gentner Communication Corp. (NASDAQ/GTNR -- CS Sneak 2/97)
reported $22,990,327 sales for the year ended 6/30/99 (up 33%),
with net income $2,544,471 (up from $1,404,449 last year). On 8/24/99,
it announced its new relationship with NEXTLINK Communications,
Inc. (NASDAQ/NXLK) to distribute GTNR's products & services in AZ,
CO, NV, NM, OR, UT, & WA. Call CFO Susie Strohm @ 800-945-7730 or
801-975-7200, fax 801-977-0087, or write 1825 Research Way, Salt
Lake City, UT 84119. sstrohm@gentner.com www.gentner.com [R-5; M-6;
L-7]
Ladd Furniture, Inc. (NASDAQ/LADF -- CS Sneak 6/97) reported
net earnings for Q2 (7/3/99) hit a 10-year record of $4.3 million.
Call @ 800-758-5804 ext 501325, or write 4620 Grandover Pkwy., Box
26777, Greenboro, NC 27417-6777. [R-7; M-7; L-7]
Lions Gate Entertainment Corp. (TSE/LGF -- CS 11/98) Reported
on 8/25/99 that Q1 (6/30/99) revenue was C$28.2 million (up 55%),
with a loss of (C$3,726,000). It received an order for nine additional
episodes of "Hope Island" from PAX TV. Call 888-609-6120; fax 604-609-6149,
or write 595 Burrard St., Suite 3123, Bentall III, PO Box 49139,
Vancouver, B.C. Canada V7X 1J1. www.lionsgate-ent.com. [R-6; M-7;
L-8]
NQL Drilling Tools Inc. (OTC Bulletin Board/NQ-DRF & Toron-to/NQL.A
-- CS 11/94) reported Q3 revenues of C$7,345,000, with a loss of
(C$504,000). For the nine months ended 5/31/99, revenue was C$25,635,000,
with net income of C$254,000. Call chairman Walter Stelmaschuk @
708-955-8828, fax 780-955-3309, e-mail blackmax@nql.com, or write
1507 4th St., Nisku, Alberta, Canada T9E 7M9. www.nql.com [R-7;
M-6; L-7]
Raytec Capital Corp. (Vancouver/RCC.V -- CS 5/99) is committed
to work with 9,578 retail stores in 13 chains to demonstrate the
payback of its ShrinkGUARDTM. In-store tests so far show that it
delivers an average of $40 per day increase in produce sols compared
to its cost of $8 per day. Call Ron Birch @ 800-533-6663, fax 604-683-4499,
or write 1104-750 West Pender St., Vancouver, B.C., Canada V6C 2T8.
www.raytec-capital.com [R-6; M-5; L-7]
Research Frontiers Inc. (NASDAQ NMS/REFR -- CS Sneak 10/98)
granted Hitachi Chemical Co. a non-exclusive license to manufacture
& sell REFR's light-controlling film to REFR's authorized licensees.
Hitachi has 19,285 employees & revenues of over $ 4.4 billion. Call
Patricia Bryant, IR @ 888-SPD-REFR; fax @ 516-364-3798, or write
240 Crossways Park Drive, Woodbury, NY 11797. [R-7; M-7; L-8]
SI Handling Systems, Inc. (NASDAQ NMS/SIHS -- CS 5/98) agreed
to acquire Ermanco. Call CEO Len Yurkovic @ 610-252-7321, or write
P.O. Box 70, Easton, PA 18044-0070. [R-8; M-7; L-8]
Team Communications Group, Inc. (NASDAQ/TMTV -- CS Sneak
3/99) reported Q2 (6/30/99) revenue of $3,517,900, with net income
$455,500, more than double the Q2 (6/30/98) net of $201,700. TMTV
plans to list its stock on the Neuer Markt stock exchange in Frankfurt,
Germany. TMTV completed a $4 million financing in preparation for
its US$25 to 30 million IPO in Frankfurt. Call CEO Drew S. Levin
@ 310-442-3500, or write 12300 Wilshire Blvd., Suite 400, Los Angeles,
CA 90025. [R-7; M-7; L-8]
Unique Mobility, Inc. (AMEX/UQM -- CS 8/97) appointed Dr.
Ernest H. Drew to its board. He was president & CEO of the Industrial
Group of Westinghouse, & president & CEO of Hoechst Celanese Corp.
Call John Gould, director of investment relations @ 303-278-2002,
or write 425 Corporate Circle, Golden, CO 80401. [R-6; M-7; L-9]
Disclosure:
Our most important policy is shared by everyone at Conservative
Speculator ("CS"). It is: "Companies selected for inclusion in CS
have never been, are not now, & will never be, charged a fee of
any kind for editorial coverage, nor are any prerequisites imposed,
other than my personal opinion that the company has an excellent
chance of doubling in price during the following year."
CS does not rent, sell, or divulge its subscription list. We do
this to protect the privacy of our subscribers. Rosanne & I are
owners of WallStreetCorner.com, Inc. ("WSC"). As you can see from
the disclaimers on the site, WSC charges public companies $2,500
for a full six months of participation on the site, but as indicated,
there has never been, is not now, & never will be any charge for
editorial coverage in CS, or in the "Larry Oakley's Opinion" section
of WallStreetCorner, or in my lectures at investment seminars &
conferences, or on any radio or TV shows in which I'm interviewed.
While Rosanne & I are not owners or officers of Stockcom Inc. ("SI"),
I am a consultant to them. SI exposes emerging growth companies
to brokers throughout the United States on a one-on-one discussion
basis.
A company's unique product or service, growth potential, & other
fundamentals that cause me to write about it are similar to characteris-tics
SI &/or WSC seek in clients or participants. Result: Some companies
covered in CS may be invited by SI to use its services, or by WSC
to be participants. I also cover some compa-nies that became SI
or WSC clients or participants before they were considered candidates
for CS. Becoming a SI client, or being a participant on WSC's site
is not a prerequisite to being covered in CS. In any case, it is
always pointed out to every company I talk with that coverage in
Conservative Speculator is & has always been free of charge, & there
are no prerequisites of any kind other than my conviction that the
company has the potential to appreciate. Of the 25 Update Briefs,
Sneak Previews, & Recommendations in this issue, DCHT, JOCK, & VLPI
are either SI clients &/or participants on WSC's site.
If Rosanne or I, directly or beneficially, invest in any company
recommend-ed in CS, or that is a client (or candidate client that
we know about) of SI, or a participant in WSC's site, I will disclose
it in the next issue. If any company in which we have an investment
is covered, I will disclose that as part of the coverage of that
company.
The Recommendations, Update Briefs, & Sneak Previews in this newsletter
may include forward-looking information as that term is defined
in the Private Security Reform Act of 1995, & which can be identified
by such terminology as "predicts," "projects," "believes," "estimates,"
"should," "contemplates," "expects," "anticipates," "may," "will,"
&/or any variation of these &/or similar terms. Such information
& the related company are subject to many risks & uncertainties.
There can be no assurance that actual results, business conditions,
business develop-ments, losses & contingencies, & local & foreign
factors will not differ materially from those suggested in the forward-looking
statements as a result of all sorts of factors (just a few examples:
market conditions, competition, advances in technology, acquisitions,
mergers, potential litigation, personnel changes, market changes,
capital availability). In short, there are absolutely no guarantees
when it comes to future performance. That's one reason why I strongly
recommend that you talk to a senior management person at any company
in which you contemplate taking a position, & form your own opinion
before proceeding with any investment.
...continued on next page, click here
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