S.A. Advisory E-Mail Update
March 20, 1999
Subject: Update and opinion: March 20 1999-http://www.saadvisory.com Dear E-mailer's http://www.saadvisory.com 1. Cablelink,Inc.. (cblk) For company information review last newsletter (Jan- Feb 99). Management estimated .33 and $21 for the year-ending Dec 98. They Blew it! Revenues reached $20 million and net income/share of only .11...The most recent press release explains everything! Book value --over $1.00 website: http://www.cable-link.com only 1.9 million shares outstanding Opinion: I believe that Bob Binsky is very capable in guiding this company back to the level of prior profits, but it may take some time.. I have personal known him for a number of years and believe in his ability. He still believes that the number mentioned within the Jan-feb 99 newletter are possible! They anticipate the launch of retail website within 45 days!!(have not confirmed, but seem to remember the on or about date). Very hard to place an opinion on this situation: Turn-around will take place, but profits for the company as stated in recent press releases won't be happening until second quarter. I assume the stock could and most likely will trade lower --Best course of action will be to average down for the long haul! We are not happy about the situation, but this is investing!! Cable-link will shine again-just not near term! rate it a H/B phone:1-800-399-1371 Dear E-mailer's http://www.saadvisory.com 1. Cablelink,Inc.. (cblk) For company information review last newsletter (Jan- Feb 99). Management estimated .33 and $21 for the year-ending Dec 98. They Blew it! Revenues reached $20 million and net income/share of only .11...The most recent press release explains everything! Book value --over $1.00 website: http://www.cable-link.com only 1.9 million shares outstanding Opinion: I believe that Bob Binsky is very capable in guiding this company back to the level of prior profits, but it may take some time.. I have personal known him for a number of years and believe in his ability. He still believes that the number mentioned within the Jan-feb 99 newletter are possible! They anticipate the launch of retail website within 45 days!!(have not confirmed, but seem to remember the on or about date). Very hard to place an opinion on this situation: Turn-around will take place, but profits for the company as stated in recent press releases won't be happening until second quarter. I assume the stock could and most likely will trade lower --Best course of action will be to average down for the long haul! We are not happy about the situation, but this is investing!! Cable-link will shine again-just not near term! rate it a H/B phone:1-800-399-1371 3.. GGNC--Internet gaming stock we recommended GGNC at .30 on Sept 30,98 recommended sale of 1/3 position at $3.3625 on November 30th 98---stock is alive again! It hit $5.31 today,but closed at around $3.50 --We smell more profit soon and we may pull the trigger on the next run!! 4. XING--Another China stock-currently around $5.625--estimates for the year--$61 million and $8 million net income-based upon 9.6 million shares fully diluted-- we hear that 3 rd quarter is coming out this Monday--We assume that this number will show investors that this company is headed for the number above! ---Something to watch!! china stock are cheap overall--cbrb and chrm.. FPCX --came to life today! ARTM-- one day this opp will run! HMLD--cheap LUKOY--Hits $30 --russian stock running! Oil portfolio--gushing today again! 10K on the Dow --Don't Like it! Seems Crazy! Disclaimer: We have not been paid by any of the list stocks in the message! ( We were paid by SCTU last year for the production of a corp profile-We have not been employed for over 1 year. Again, at present we are not under-contract from any listed company above.. We may buy, sell and or hold any of the listed investment within this message. If you wish to un-subscribe--return to http://www.saadvisory.com and "click" the e-mail box and then delete instead of add. Yours truly, William Velmer
