To: Bond who wrote ( 996) 4/28/1999 11:18:00 AM From: HARRY BROWN Read Replies (1) | Respond to of 1020
Scoggins Update: Wednesday, April 28, 1999 CAGI - Carnegie's press today and their 10k filling confirmed for us that the company does indeed qualify for the AMEX or for the NASDAQ National Market whichever they prefer. Perhaps this INSI deal is why they have waited and will end up NASDAQ. However, we were expecting that so I wouldn't spend much more time on it other than to say we have good reason to believe there will be some institutional players coming into the picture. What I want to focus on today however, is the letter of intent with Internet Notification Solutions, Inc. For those of you who just glanced over it in the press release, or were wondering what the significance of this company was, well here it is. CAGI just made the jump into true HIGH TECH! This acquisition is not only going to provide huge cash flow to the company; it is going to make them a major e-commerce player. Remember, that is the key here, e-commerce, which implies money flowing into the company, and Internet Notification Solutions Inc. brings in the best kind, Business to Business e-commerce. Every ISP offering e-mail service is going to need to get this software or something like it to stay competitive, and right now, as in Voice Recognition, CAGI is the leader. In my opinion, this is the largest step forward CAGI has taken. For an in-depth analysis of just what this company does and where it can take CAGI, visit our web site Wednesday. WWW.STOCKTALKNEWS.com I will also go into detail on just what each of CAGI's new divisions, ROMNET, PCNET, PARAMOUNT, and INTERNET NOTIFICATION SOLUTIONS contribute to Carnegie. Earnings: There will be many who say, they were disappointing, or that they were not high enough, and to those people I say: The company is growing by leaps and bounds! The EPS is down because of the dilution that was taken as a result of the acquisitions. We have yet to see a contribution to earnings from the companies, but applying some simple math (I point to the new BCT. TELUS contract) can tell you what they are generating. What we have here is an Internet AND high-tech company that is MAKING money rather than posting losses. This is the kind of company that gets profiled in the Wallstreet Journal and on CNBC. From .45 cents to the AMEX with over a hundred million in revenue growth in less than one year. Holy Monkey! I wish I could profile a stock a week like this one! One additional note, I have taken dozens of calls and received several e-mails about when I planed to sell my stock. Shorter's take note: I am in the process of signing over the voting rights of my entire block to CAGI's Chairman David Gable, so those of you anticipating this block coming free in July, sorry it's not going to happen. I have spent the better part of year trying to help grow this company and I plan on getting deep double digits for my block.