S A ADVISORY

September - October 1999 Newsletter

CONTENTS
Important: DISCLAIMER
Market Comment
Super Fast Phone Service Recommendation
New Buy Recommendation - Champion Parts
New Buy Recommendation - FireCom
Another Corporate Shell! - Advatex Associates, Inc.
New Recommendation - Trimedyne, Inc.
The Internet Bubble Portfolio
Oil PatchPortfolio
Russian Portfolio

DISCLAIMER

SA Advisory usually buys all recommendations prior to phone service, e-mail and newsletter recommendation on mentioned securities. The editor may buy, hold or sell positions in all securities at any time. The portfolios are all hypothetical in nature SA Advisory’s portfolios are geared toward sophisticated investors aiming for short, medium and long-term capital gains. By nature, the editor is a stock trader and his trading habits may vary at his own discretion. Most, if not all, recommendations are based upon strict fundamental analysis. Revenue and earnings estimates are the foundation for our recommendations. The estimates result from management discussion. We do not intend to misinform, mislead or hype our readers. It is prudent for all investors to review all filings with the SEC (10Q & 10K) and contact management before investing. Investing in securities are inherent to risks to your financial health. If we are ever paid to produce a corporate profile, full disclosure will be made.

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Market Comment

We admit it! We are a Dinosaur!

We are a fossil of investors past! We cannot buy the overvalued and we don’t believe that we have entered a “new” paradigm! We believe that the majority of stocks are overvalued and continue to raise “dead presidents” for a rainy day on Wall Street.

Everyone feels great, looks great and acts great because the party will never stop.

Obviously, we continue to invest, but only in the boring world of fundamentally cheap micros, out-of-favor and turnarounds. The internet is something! We just have not figured out how to buy endless red ink.

Yours truly,
William. Velmer


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SUPER FAST PHONE SERVICE RECOMMENDATION

This Service is a must for the serious investor! We communicate with the subscriber on a one-to-one basis. Quick Market Action, in many cases, secures extra profits or limits further loss. S.A. phone can be activated at any moment in time. We are personalized investor buy and sell communications.

Subscription Form
As of Sept 7, 1999

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SPECIAL $75.00
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S A ADVISORY