S A ADVISORY February - March 2000
SELECT MICRO-CAPS THAT WE MONITOR

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S.A. Advisory
2274 Arbor Lane #3
Salt Lake City, Utah 84117

Select Micro-caps that we monitor
(Broker contact: Mike Chesler @ 1-800-890-1629)
 
Company Symbol Recommended Price Current Price Status
         
Trimedyne TMED 7- 25-99/$2.03 2.56 B
Advatex ADTX 8-29-99/.15 .25 B/H
Firecom.Inc FRCM 8-1-99/.53 .64 B/H
Champion Parts CREB 8-16-99/.75 .59 B
MicroTel MTCL 5-3-99/.375 .72 H
LAT Sportsware LATS 1-19-99/1.34 1.18 B
Payless Cashway PCSH 5-15-97/2.125 1.62 B
Precision Standard PCSN 7-23-98/4 7/8 10.50 H
Homeland HMLD 10-16-98/3.375 4 B
Ag Bag International AGBG 11-26-99/.395 .40 B
Reality Interactive RINT 7-1-99/.08 .14 H
Semicon Tools SETO 7-9-97/.43 .43 B/H
AFP Imaging AFPC 11-15-99/.34 .50 B
Flour City FCIN 10-14-99/$2.18 3.75 B
One Stop.Com OSCR 19-9-99/$3.31 2.50 H
Free Realtime FRTI 12-28-99/6.00 7.00 B
Norstar Group NSTG 12-29-99/.47 .68 B
ACR Group ACRG 1-10-00/1.40 1.56 B

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Comments & New Recommendations

TMED - Medical technology company - uses laser technology. BK - $1.03 - cash .61 - no debt - has brokerage coverage - a good trader.

ADTX - a shell that is a shell that remains a shell, but one day before the end of the earth, this company will do something.

FRCM - cheap but boring - management doesn't really care about shareholders - most recent quarter flat.

CREB - re-manufactures fuel system components and other auto parts. Revenue for nine months $21 mil and .25/share. Cheap, cheap, but very boring.

MCTL - a recent rocket ship. Press has been very positive - a keeper for now!

LATS - clothing company - very, very cheap - $3 book - .25 in cash/sh, for the nine months $73 mil and .26 net - 4 mil shares outstanding, trading near 52 week low. Great core speculation.

PCSH - Payless Cashways, Inc. (OTC BB - PCSH $1.62) - fifth largest retailer of building materials and home improvement products in the US. A great turnaround and possible takeover candidate. Revenue for 2000 should reach around $2 billion and earnings surprise, book value $7.80, market cap a mere $32 million. Under followed, severely undervalued and most likely worth between $6 and $8 within 12 months if earnings continue.

PCSN - what can we say - up 100% so far since recommendation, new management, labor contracts signed, business looks good.


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