Date: Thu, 3 Sep 1998 23:46:06 -0700 (PDT) From: stocknetworkingnews@stocknetworking.com To: freebsd-doc@FreeBSD.ORG Subject: SNN #6 Message-ID: <199809040646.XAA27503@mail.ultranet.ca>
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StockNetworking News #6 September 3 1998 StockNetworking News (SNN) Table of contents: 1. Market commentary 2. SNN perspective on profiled companies 3. FLNK update 4. NLAB update 5. New Subscribers 6. Stock quotes 7. How to unsubscribe 8. SNN privacy policy 9. How to contact SNN 10. Disclaimer 1. Market Commentary We live in interesting times! August has traditionally been a tough month on investors and this year has been no exception. During August we have seen three of the five worst one day point drops in the history of the DJIA. The Dow and NASDAQ are now back near their starting point for the year and the 7600 level has been penetrated on the down side. Given the lofty levels of the Dow, this can be viewed as a positive correction of an upward trend that had resulted in the big cap stocks becoming over-bought. The US economy is continuing to perform well and there is no sign of inflation, US interest rates are stable and if anything will probably move lower between now and the end of the year. This will weaken the strong US dollar and will in turn strengthen sales of major US exporting companies. To date, the Fed and Mr. Greenspan have used the levers at their disposal to manage the economy in an exemplary fashion and despite all the political and personal problems in Washington, there is no reason to believe this stewardship won't continue and result in a continuation of an expanding economy, with perhaps a slightly inflationary bias to counteract the deflation in commodity prices. This is a good environment for the stock market and should result in rising stock valuations. We believe that over the next 2 weeks American markets will begin to move higher again. We also believe that there is tremendous value developing in the smaller capitalization sectors of the stock market. The decline in these companies valuations has proceeded the large cap sell-off and their P/E ratios are attractive. 2. SNN News In regard to our previously profiled companies FutureLink Distribution Corp. and NuOncology Labs Inc. we want our subscribers to understand our perspective on these two companies and how they relate to our overall business strategy. We know that if the companies we profile in SNN are not successful, this will directly impact on our success in the financial news service business. We do a lot of "digging" into what is going on in the companies we profile and hopefully have a good idea of the direction they are heading. We cannot always state categorically that an acquisition is close, or a financing is being negotiated but we intend to be right more than wrong if we repeat rumors of impending developments. Finally, we want to have the largest subscriber base of any e mail based financial news service- something that will give our message real weight with a significant number of investors in the "New Economy." Briefly, these are our philosophy and goals and it is our hope that in achieving them you will be a more successful investor and we will be a more successful service. In other news, SNN is also actively developing their European subscriber base as we feel there is a strong demand for stocks in Western Europe. Newsletters like SNN are a newer phenomena in Europe and we expect the demographics of the typical Internet user in countries such as Italy, Germany and Switzerland will result in a significant number of upper income investors following our profiles. Companies such as NuOncology Labs and FutureLink, which have their base in the strong and relatively safe US markets, and has the potential to be "home runs" should be of interest to these investors. 3. FutureLink Distribution Corp. - OTC BB Symbol: FLNK Last week the company completed the acquisition of SysGold Ltd., an IT company with over $10 million in billings last year. In addition, Thomson, Kernaghan & Co., a Toronto investment dealer has signed a definitive funding agreement for US$5 million -US$2.25 million of which has already been advanced to the company. See the latest News Releases at: <<http://biz.yahoo.com/n/f/flnk.html>>; We had heard rumblings of this financing and as many of you are aware and had mentioned the possibility of it happening in the last issue of SNN. Now that it is in place and once the overall market stabilizes we believe that FutureLink will start to show some marked price improvement-a 100% gain from these levels are achievable. This company is putting together the team and the financial resources to be a real winner-keep it on watch. 4. NuOncology Labs Inc. - OTC BB Symbol: NLAB There are a number of developments under way which will give the company a much higher profile in the investment community, very soon. We expect a research report will shortly be available that will confirm the importance that the medical and pharmaceutical industry is putting on finding FTI's or ras farnesyl transferase molecules, which inhibit the oncagene function of the RAS gene (cancer). Any drug company involved in the development of Cancer treatments is looking for an FTI and a 7 sided molecule. The testing now being done at NuLab's Houston facility is to confirm NuOncology's patented drug, Arglabin is such an FTI. The results of these tests will be available sometime in September-if the tests confirm what we expect-look for a very positive reaction in the market. Please review the companies latest News Release at: <<http://biz.yahoo.com/n/n/nlab.html>>; We continue to get interest in the company from Europe and have heard that a very powerful Swiss group may become involved. These people have significant funding capabilities and tremendous institutional and retail brokerage contacts. They could also become involved in a European expansion of the predictive oncology testing side of NuLab's business. Keep your eyes open for any Private Placements or funding arrangements with European groups-such a deal would probably signify the Swiss were "on board." The past 2 weeks have shown that in the stock market it is very hard to predict what may happen in the next hour never mind the next year, but we feel very strongly that NuOncology Labs Inc. is poised to move very soon. The month of September will be pivotal and given the relatively small float, good news will have a significant impact on market valuations. Keep NLAB on watch and be ready to move when you see any price or volume spikes. 5. New Subscribers Once again thanks to our many new subscribers over the past two weeks and here's hoping that the stock market is a little less "interesting" and more profitable in the weeks and months ahead. 6. Stock Quotes To get stock quotes on-line simply go to: <<http://quote.yahoo.com/>>; Then type in the symbol of the stock you would like a quote for in the space provided. 7. How to unsubscribe: If you have received Stock Networking News in error, we are sorry, someone may have subscribed you without your knowledge. If you wish to be removed from our subscriber list please click onto the link below - - write "delete" in the subject of the letter and hit "send" - - - we will promptly remove you from our subscriber list. Remember, there is never a charge for your SNN subscription. SNNdelete@hotmail.com 8. SNN Privacy Policy We respect your privacy and will never release or cause your e-mail address to be given out for any reason. 9. Contacting SNN If you wish to contact SNN or have a comment to make please forward to: SNNComments@USA.net 10. Disclaimer By accepting this letter you are acknowledging you have read and fully understand our disclaimer which can be viewed by clicking onto: <<http://www.SubscriberSite.com/disclaimer.html>>; copyright 1998 SNN To Unsubscribe: send mail to majordomo@FreeBSD.org with "unsubscribe freebsd-doc" in the body of the message
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