Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] FW: Summer Relief Rally- Is It Possible? and Energy Power in the News
Date: Sat, 10 Aug 2002 17:03:00 -0400
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Mike, as the newsletter says, NVDA indicated the future looks bleak. =
Past 4 qtrs of fundamentals are very strong, but now they will be =
comparing to those strong fundies for the next 4 qtrs. And forecast from =
DGO indicates a 16% decline in earnings this year, and only a 7% gain =
from that lower level next year (which won't quite get them back to what =
they made last year). I also disagree with some of the statements made =
in the newsletter about the Naz chart, I am not impressed with their =
reading, or their understanding of a double bottom either.
- ----- Original Message -----=20
From: Mike Gibbons=20
To: canslim@lists.xmission.com=20
Sent: Saturday, August 10, 2002 4:44 PM
Subject: [CANSLIM] FW: Summer Relief Rally- Is It Possible? and Energy =
Power in the News
The following newsletter just showed up in my inbox. I didn't know I was =
an OTC Journal Member and have no knowledge if the reliability of their =
analysis
I pass it on because of its analysis regarding "M" for the NASDAQ, not =
for the stock picks contained herein. FLEX is definitely not a CANSLIM =
stock but NVDA is puzzling. the CANSLIM Evaluator gives it very strong =
marks for "C" and "A" and investors.com gives the EPS at 99 and SMR as =
"A", and yet this is a heavily beaten down stock with an RS of just 2. =
The group has performed very poorly (gets and E) and there is no =
accumulation of this stock, and yet its fundamentals seem very strong. =
Comments anyone?
Aloha,
Mike Gibbons
Proactive Technologies, LLC
http://www.proactech.com
- -----Original Message-----
From: bounce-otcjournal-415861@lyris.otcjournal.com =
[mailto:bounce-otcjournal-415861@lyris.otcjournal.com]
Sent: Saturday, August 10, 2002 6:58 AM
To: mikegibbons@proactech.com
Subject: Summer Relief Rally- Is It Possible? and Energy Power in the =
News
If you are reading this message in plaintext or if you have an AOL =
address you must click on this link: =
http://listserv.otcjournal.com/otcjournal/20020810-1.html and wait for a =
web page to automatically open up to properly read this newsletter. =20
=20
August 10, 2002 =20
Volume V, Issue 60 =20
=20
Email : info@otcjournal.com=20
URL : http://www.otcjournal.com=20
To OTC Journal Members:=20
Special Announcement: Trading Alert Next Week =
=20
We're looking at a situation which may turn into =
a Trading Alert on Tuesday or Wednesday afternoon next week. Before =
deciding if you want to participate, please read the OTC Journal's =
section on Trading Alerts found on the left hand menu bar of our home =
page. For a Track Record of former Trading Alerts, Click Here.=20
Keep an eye on your inbox for an exciting =
opportunity in the middle of next week.=20
Summer Relief Rally- Is It Possible?=20
=20
=20
The market was up this past week for the first =
time in several months. All the major averages posted solid gains, =
taking investors by surprise. Some attributed this past week's =
performance to expectations of an interest rate cut when the FED meets =
on Wednesday. This seems highly unlikely, as 11 interest rate cuts last =
year didn't work.=20
Others attributed this week's performance to the =
absence of sellers. Overseas investors have been liquidating US equities =
for months, and they seem to have run out of stock to sell. Short =
sellers were conspicuous in their absence. They're probably all buying =
new mansions in the Hamptons and jetting around the world enjoying the =
billions in profits they have accumulated in the past 2 1/2 years. Wall =
Street pays off when you're right.=20
Despite the typical August seasonal lack of =
interest and pervasive doom and gloom, this chart of the NASDAQ =
Composite suggests we may be in for a summer relief rally.=20
This past week the NASDAQ broke up its' =
downtrend line (shown in red) for the first time since the sell off =
steepened in mid May, leading to three months of bloodletting on all the =
major indexes.=20
In addition, the NASDAQ has recently put in a =
double bottom. The second bottom was slightly higher than the first. =
Technicians will tell you this is a bullish indicator in the short term. =
As long as the NASDAQ stays above the red line, =
there is a possibility of temporary rebound into the 1450 area. Of =
course, this will not change the long term downtrend. We believe the =
trend will continue until October or November, when a new, very weak, =
and very young Bull will be born.=20
Here are a couple of oversold trading ideas =
which may yield a short term profit if the market puts in a relief =
rally. This scenario may not play out, so use a stop loss as an =
insurance policy against a new leg down.=20
Flextronics (NASDAQ: FLEX) =20
=20
Flextronics is probably the largest outsourced =
off shore manufacturer of electronic devices. OEM (Original Equipment =
Manufacturers) outsource their production to this company.=20
Formerly a profit powerhouse, the company's =
fortunes have declined along with the entire technology industry, and =
they are losing money at this point in time. However, the value is =
compelling at this level.=20
Annual sales run about $13 billion. At this =
price, the company is trading with a $4.2 billion market cap, or about =
1/3 of sales. It is also trading at less than book value (liquidation =
value), which is about $8.62 per share.=20
The chart suggests a slight uptrend started in =
late June when the stock hit it's all time low of $6. If the market =
improves, this one may want to go back an fill the gap from early June, =
suggesting a good target price might be $12.=20
However, stay light on your feet. The company's =
fortunes are declining. A stop loss based on your risk tolerance is =
highly recommended.=20
Nvidia Corporation (NASDAQ: NVDA) =20
=20
=20
Here's a stock traders have taken out to the =
woodshed and beaten to death. The company designs and manufactures 3-D =
graphics processors and graphics processing units.=20
The company has a book value of $5.72, $5.45 per =
share in cash, and at current levels trades with a PE ratio of about 7. =
This company had an adequate June quarter, but announced the future =
looked bleak. =20
In favorable market conditions this stock could =
rebound into the middle of the blue bands. This shows the average price =
since the stock began it current leg down, toppling from $24 to just =
above $9 in less than a month.=20
Most of the analyst community downgraded this =
stock once it reached the $9 level, which is a bullish sign as far as we =
are concerned.=20
Again, if you decide to roll the dice, a stop =
loss to minimize the risk is strongly suggested.=20
=20
Energy Power Systems (AMEX: EGY) Back in the =
News =20
Energy Power Systems, one of our long term =
profiles, was back in the news for the first time in months yesterday =
morning. This stock was a big winner for us in 2001, yielding a profit =
of 60% to 70% for our members who sold towards the end of the year.=20
This year it has been all down hill for no =
apparent reason other than lack of news and horrendous market =
conditions. The company has not been proactively out in the investment =
community, choosing not to swim against the tide. They are waiting for =
calmer waters before proceeding.=20
Yesterday, just before the market opened, Energy =
Power made it first very positive announcement in some time. The company =
announced its Offshore and Engineering Division had been awarded $6.2 =
million in contracts by major energy companies operating in Atlantic =
Canada. Click Here to read the entire text of the news release.=20
We are expecting Energy Power to make a come =
back this Fall, predicated on the possibility of major new business. =
Stay tuned for more developments. The stock is oversold at current =
levels, and the company is doing well.=20
- --------------------------------------------------------
Charts Provided Courtesy Of TradePortal.com=20
- --------------------------------------------------------
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SwingWire.com Online Investment Community. A next generation Online =
Analyst Exchange providing Members the ability to search, review, track =
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favorite CAs. =20
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The OTCjournal.com Newsletter is an independent =
electronic publication committed to providing our readers with factual =
information on selected publicly traded companies. All companies are =
chosen on the basis of certain financial analysis and other pertinent =
criteria with a view toward maximizing the upside potential for =
investors while minimizing the downside risk, whenever possible. =
Moreover, as detailed below, this publication accepts compensation from =
certain of the companies which it features. Likewise, this newsletter =
is owned by MarketByte, LLC. To the degrees enumerated herein, this =
newsletter should not be regarded as an independent publication.=20
Click Here to view our compensation on every =
company we have ever covered, or visit the following web address: =
http://www.otcjournal.com/disclaimer.html for our full profiles and =
http://www.otcjournal.com/trading-alerts/disclaimer.html for Trading =
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MarketByte LLC has been paid a fee of 125,000 =
shares of free trading stock of Energy Power Systems Limited for =
representing the company for one year. The fee has been paid by =
Fieldston Traders LTD acting on behalf of the company. The contract =
expired February 12, 2002. Marketbyte LLC currently has no contractual =
obligation or any shares of Energy Power.=20
All statements and expressions are the sole =
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neither an offer nor solicitation to buy or sell any securities =
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The editor, members of the editor's family, =
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<DIV><FONT face=3DArial>Mike, as the newsletter says, NVDA indicated the =
future=20
looks bleak. Past 4 qtrs of fundamentals are very strong, but now =
they=20
will be comparing to those strong fundies for the next 4 qtrs. And =
forecast from=20
DGO indicates a 16% decline in earnings this year, and only a 7% gain =
from that=20
lower level next year (which won't quite get them back to what they made =
last=20
year). I also disagree with some of the statements made in the =
newsletter=20
about the Naz chart, I am not impressed with their reading, or their=20
understanding of a double bottom either.</FONT></DIV>
<DIV> </DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dmikegibbons@proactech.com =
href=3D"mailto:mikegibbons@proactech.com">Mike=20
Gibbons</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV><B>Sent:</B> Saturday, August 10, 2002 4:44 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] FW: Summer Relief Rally- Is It Possible? =
and=20
Energy Power in the News</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DTahoma color=3D#000080 size=3D2><SPAN =
class=3D630532620-10082002>The=20
following newsletter just showed up in my inbox. I didn't know I =
was an OTC=20
Journal Member and have no knowledge if the reliability of their=20
analysis</SPAN></FONT></DIV>
<DIV><FONT face=3DTahoma color=3D#000080 size=3D2><SPAN=20
class=3D630532620-10082002></SPAN></FONT> </DIV>
<DIV><FONT face=3DTahoma color=3D#000080 size=3D2><SPAN =
class=3D630532620-10082002>I=20
pass it on because of its analysis regarding "M" for the NASDAQ, not for =
the=20
stock picks contained herein. FLEX is definitely not a CANSLIM stock but =
NVDA is=20
puzzling. the CANSLIM Evaluator gives it very strong marks for "C" and =
"A" and=20
investors.com gives the EPS at 99 and SMR as "A", and yet this is a =
heavily=20
beaten down stock with an RS of just 2. The group has performed very =
poorly=20
(gets and E) and there is no accumulation of this stock, and yet its=20
fundamentals seem very strong. Comments anyone?</SPAN></FONT></DIV>
<DIV><FONT face=3DTahoma color=3D#000080 size=3D2><SPAN=20
class=3D630532620-10082002></SPAN></FONT> </DIV>
<DIV><FONT face=3DTahoma color=3D#000080 size=3D2>Aloha,</FONT></DIV>
<DIV><FONT face=3DTahoma color=3D#000080 size=3D2></FONT> </DIV>
<DIV><FONT face=3DTahoma color=3D#000080 size=3D2>Mike =
Gibbons</FONT></DIV>
<DIV><FONT face=3DTahoma color=3D#000080 size=3D2>Proactive =
Technologies,=20
LLC</FONT></DIV>
<DIV><FONT face=3DTahoma color=3D#000080 size=3D2><A=20
href=3D"http://www.proactech.com">http://www.proactech.com</A></FONT></DI=
V>
<DIV><FONT face=3DTahoma color=3D#000080 size=3D2></FONT> </DIV>
<DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B>=20
bounce-otcjournal-415861@lyris.otcjournal.com=20
[mailto:bounce-otcjournal-415861@lyris.otcjournal.com]<BR><B>Sent:</B> =
Saturday,=20
August 10, 2002 6:58 AM<BR><B>To:</B>=20
mikegibbons@proactech.com<BR><B>Subject:</B> Summer Relief Rally- Is It=20
Possible? and Energy Power in the News<BR><BR></FONT></DIV><FONT=20
face=3D"Arial, Helvetica, sans-serif"><FONT size=3D-1>If you are reading =
this=20
message in plaintext or if you have an AOL address you must click on =
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and wait for a web page to automatically open up to properly read this=20
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2002</FONT></FONT></B></TD>
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NOSAVE><B><FONT face=3DVerdana><FONT =
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Issue 60</FONT></FONT></B></TD>
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<TD><FONT face=3DVerdana><FONT size=3D-1>Email : =
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<P><I><FONT face=3D"Times New Roman, Times, =
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<TABLE cellSpacing=3D0 cellPadding=3D0 =
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Trading Alert Next Week</FONT></B></TD>
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<P><FONT face=3DVerdana><FONT size=3D-1>We're =
looking at a=20
situation which may turn into a <B>Trading =
Alert</B> on=20
Tuesday or Wednesday afternoon next week. Before =
deciding if you want to participate, please read =
the=20
<B>OTC Journal's </B>section on <B><A=20
=
href=3D"http://www.otcjournal.com/trading-alerts/">Trading=20
Alerts</A></B> found on the left hand menu bar =
of our=20
home page. For a Track Record of former =
<B>Trading=20
Alerts</B>, <B><A=20
=
href=3D"http://www.otcjournal.com/trading-alerts/alerts.html">Click=20
Here</A></B>.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>Keep an =
eye on your=20
inbox for an exciting opportunity in the middle =
of next=20
week.</FONT></FONT> <BR> =20
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<TD width=3D"100%" =
bgColor=3D#e0e0e0><B><FONT=20
face=3DVerdana>Summer Relief Rally- Is =
It=20
=
Possible?</FONT></B></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
<P><IMG height=3D317=20
=
src=3D"http://www.otcjournal.com/news_images/comp5.gif"=20
width=3D352 align=3Dleft NOSEND=3D"1" NOSAVE>=20
<P><FONT face=3DVerdana><FONT size=3D-1>The =
market was up=20
this past week for the first time in several =
months. All=20
the major averages posted solid gains, taking =
investors=20
by surprise. Some attributed this past week's=20
performance to expectations of an interest rate =
cut when=20
the FED meets on Wednesday. This seems highly =
unlikely,=20
as 11 interest rate cuts last year didn't=20
work.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>Others =
attributed=20
this week's performance to the absence of =
sellers.=20
Overseas investors have been liquidating US =
equities for=20
months, and they seem to have run out of stock =
to sell.=20
Short sellers were conspicuous in their absence. =
They're=20
probably all buying new mansions in the Hamptons =
and=20
jetting around the world enjoying the billions =
in=20
profits they have accumulated in the past 2 1/2 =
years.=20
Wall Street pays off when you're =
right.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>Despite =
the typical=20
August seasonal lack of interest and pervasive =
doom and=20
gloom, this chart of the NASDAQ Composite =
suggests we=20
may be in for a summer relief =
rally.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>This =
past week the=20
NASDAQ broke up its' downtrend line (shown in =
red) for=20
the first time since the sell off steepened in =
mid May,=20
leading to three months of bloodletting on all =
the major=20
indexes.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>In =
addition, the=20
NASDAQ has recently put in a double bottom. The =
second=20
bottom was slightly higher than the first. =
Technicians=20
will tell you this is a bullish indicator in the =
short=20
term.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>As long =
as the=20
NASDAQ stays above the red line, there is a =
possibility=20
of temporary rebound into the 1450 area. Of =
course, this=20
will not change the long term downtrend. We =
believe the=20
trend will continue until October or November, =
when a=20
new, very weak, and very young Bull will be=20
born.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>Here are =
a couple of=20
oversold trading ideas which may yield a short =
term=20
profit if the market puts in a relief rally. =
This=20
scenario may not play out, so use a stop loss as =
an=20
insurance policy against a new leg =
down.</FONT></FONT>=20
<BR> =20
<TABLE cellSpacing=3D0 cellPadding=3D0 =
border=3D0>
<TBODY>
<TR>
<TD width=3D1=20
=
background=3Dhttp://www.otcjournal.com/news_images/lines2.gif=20
NOSAVE><IMG height=3D25=20
=
src=3D"http://www.otcjournal.com/news_images/left_bracket2.gif"=20
width=3D10 NOSEND=3D"1" NOSAVE></TD>
<TD align=3Dmiddle=20
=
background=3Dhttp://www.otcjournal.com/news_images/lines2.gif=20
NOSAVE><B><FONT face=3DVerdana>Flextronics =
(NASDAQ:=20
FLEX)</FONT></B></TD>
<TD align=3Dright width=3D1=20
=
background=3Dhttp://www.otcjournal.com/news_images/lines2.gif=20
NOSAVE><IMG height=3D25=20
=
src=3D"http://www.otcjournal.com/news_images/right_bracket2.gif"=20
width=3D10 NOSEND=3D"1" =
NOSAVE></TD></TR></TBODY></TABLE>
<P><IMG height=3D317=20
=
src=3D"http://www.otcjournal.com/news_images/flex1.gif"=20
width=3D352 align=3Dright NOSEND=3D"1" NOSAVE>=20
<P><FONT face=3DVerdana><FONT =
size=3D-1><B>Flextronics</B>=20
is probably the largest outsourced off shore=20
manufacturer of electronic devices. OEM =
(Original=20
Equipment Manufacturers) outsource their =
production to=20
this company.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>Formerly =
a profit=20
powerhouse, the company's fortunes have declined =
along=20
with the entire technology industry, and they =
are losing=20
money at this point in time. However, the value =
is=20
compelling at this level.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>Annual =
sales run=20
about $13 billion. At this price, the company is =
trading=20
with a $4.2 billion market cap, or about 1/3 of =
sales.=20
It is also trading at less than book value =
(liquidation=20
value), which is about $8.62 per =
share.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>The =
chart suggests a=20
slight uptrend started in late June when the =
stock hit=20
it's all time low of $6. If the market improves, =
this=20
one may want to go back an fill the gap from =
early June,=20
suggesting a good target price might be=20
<B>$12</B>.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>However, =
stay light=20
on your feet. The company's fortunes are =
declining. A=20
stop loss based on your risk tolerance is highly =
recommended.</FONT></FONT> <BR> =20
<TABLE cellSpacing=3D0 cellPadding=3D0 =
border=3D0>
<TBODY>
<TR>
<TD width=3D1=20
=
background=3Dhttp://www.otcjournal.com/news_images/lines2.gif=20
NOSAVE><IMG height=3D25=20
=
src=3D"http://www.otcjournal.com/news_images/left_bracket2.gif"=20
width=3D10 NOSEND=3D"1" NOSAVE></TD>
<TD align=3Dmiddle=20
=
background=3Dhttp://www.otcjournal.com/news_images/lines2.gif=20
NOSAVE><B><FONT face=3DVerdana>Nvidia =
Corporation=20
(NASDAQ: NVDA)</FONT></B></TD>
<TD align=3Dright width=3D1=20
=
background=3Dhttp://www.otcjournal.com/news_images/lines2.gif=20
NOSAVE><IMG height=3D25=20
=
src=3D"http://www.otcjournal.com/news_images/right_bracket2.gif"=20
width=3D10 NOSEND=3D"1" =
NOSAVE></TD></TR></TBODY></TABLE>
<P><IMG height=3D317=20
=
src=3D"http://www.otcjournal.com/news_images/nvda1.gif"=20
width=3D352 align=3Dleft NOSEND=3D"1" NOSAVE> =
<BR> =20
<P><FONT face=3DVerdana><FONT size=3D-1>Here's a =
stock=20
traders have taken out to the woodshed and =
beaten to=20
death. The company designs and manufactures 3-D =
graphics=20
processors and graphics processing =
units.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>The =
company has a=20
book value of $5.72, $5.45 per share in cash, =
and at=20
current levels trades with a PE ratio of about =
7. This=20
company had an adequate June quarter, but =
announced the=20
future looked bleak. </FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>In =
favorable market=20
conditions this stock could rebound into the =
middle of=20
the blue bands. This shows the average price =
since the=20
stock began it current leg down, toppling from =
$24 to=20
just above $9 in less than a =
month.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>Most of =
the analyst=20
community downgraded this stock once it reached =
the $9=20
level, which is a bullish sign as far as we are=20
concerned.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>Again, =
if you decide=20
to roll the dice, a stop loss to minimize the =
risk is=20
strongly suggested.</FONT></FONT> <BR> =
<BR> =20
<TABLE cellSpacing=3D0 cellPadding=3D0 =
border=3D0>
<TBODY>
<TR>
<TD width=3D1=20
=
background=3Dhttp://www.otcjournal.com/news_images/lines2.gif=20
NOSAVE><IMG height=3D25=20
=
src=3D"http://www.otcjournal.com/news_images/left_bracket2.gif"=20
width=3D10 NOSEND=3D"1" NOSAVE></TD>
<TD align=3Dmiddle=20
=
background=3Dhttp://www.otcjournal.com/news_images/lines2.gif=20
NOSAVE><B><FONT face=3DVerdana>Energy Power =
Systems=20
(AMEX: EGY) Back in the =
News</FONT></B></TD>
<TD align=3Dright width=3D1=20
=
background=3Dhttp://www.otcjournal.com/news_images/lines2.gif=20
NOSAVE><IMG height=3D25=20
=
src=3D"http://www.otcjournal.com/news_images/right_bracket2.gif"=20
width=3D10 NOSEND=3D"1" =
NOSAVE></TD></TR></TBODY></TABLE>
<P><FONT face=3DVerdana><FONT =
size=3D-1><B>Energy Power=20
Systems</B>, one of our long term profiles, was =
back in=20
the news for the first time in months yesterday =
morning.=20
This stock was a big winner for us in 2001, =
yielding a=20
profit of 60% to 70% for our members who sold =
towards=20
the end of the year.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>This =
year it has=20
been all down hill for no apparent reason other =
than=20
lack of news and horrendous market conditions. =
The=20
company has not been proactively out in the =
investment=20
community, choosing not to swim against the =
tide. They=20
are waiting for calmer waters before=20
proceeding.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT =
size=3D-1>Yesterday, just=20
before the market opened, <B>Energy Power</B> =
made it=20
first very positive announcement in some time. =
The=20
company announced its Offshore and Engineering =
Division=20
had been awarded <B><U>$6.2 million in contracts =
</U></B>by major energy companies operating in =
Atlantic=20
Canada. <A=20
=
href=3D"http://biz.yahoo.com/bw/020809/92101_1.html">Click=20
Here</A> to read the entire text of the news=20
release.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1>We are =
expecting=20
<B>Energy Power</B> to make a come back this =
Fall,=20
predicated on the possibility of major new =
business.=20
Stay tuned for more developments. The stock is =
oversold=20
at current levels, and the company is doing=20
well.</FONT></FONT> <BR>
<HR width=3D"100%">
<FONT face=3DVerdana><FONT size=3D-1>Charts =
Provided=20
Courtesy Of <A=20
=
href=3D"http://www.TradePortal.com">TradePortal.com</A></FONT></FONT>=20
<BR>
<HR width=3D"100%">
<FONT face=3DVerdana><FONT size=3D-1>The OTC =
Journal is a=20
proud partner of the <A=20
=
href=3D"http://www.swingwire.com/cgi-bin/account.cgi?referrer=3D10007&=
;jumppage=3Dindex.html">SwingWire.com=20
Online Investment Community</A>. A next =
generation=20
<B>Online Analyst Exchange</B> providing Members =
the=20
ability to search, review, track and monitor =
some of the=20
<B><U>Internet's best Online CAs=20
(CyberAnalysts)</U></B>. Members have the =
opportunity to=20
potentially achieve <FONT color=3D#009900>higher =
returns</FONT> by viewing <FONT =
color=3D#009900>top=20
performing portfolios</FONT> and receiving =
real-time=20
alerts from favorite CAs. </FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1><A=20
=
href=3D"http://www.swingwire.com/cgi-bin/account.cgi?referrer=3D10007&=
;jumppage=3Dindex.html">SwingWire.com</A>=20
also has a lucrative incentive model for =
experienced=20
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outperform the=20
market. Share market ideas with other =
like-minded=20
investors, establish a proven track record, =
provide=20
insightful commentary, attract followers and =
ultimately=20
become one of the Internet's highest paid and =
most=20
sought after CyberAnalysts! </FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-1><A=20
=
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;jumppage=3Dindex.html">Click=20
here to receive your FREE 30-Day Trial =
Membership with=20
no further obligation. Sign Up=20
Today! </A></FONT></FONT>=20
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<BR> </P></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
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<TD><B><FONT face=3DVerdana><FONT color=3D#ffffff><FONT=20
=
size=3D-1>Disclaimer</FONT></FONT></FONT></B></TD></TR></TBODY></TABLE>
<TABLE cellSpacing=3D0 cellPadding=3D0 width=3D"100%" =
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border=3D0>
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<TD>
<TABLE cellSpacing=3D2 cellPadding=3D4 width=3D"100%" =
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<TD><FONT face=3DVerdana><FONT size=3D-2>The =
OTCjournal.com=20
Newsletter is an independent electronic =
publication=20
committed to providing our readers with factual=20
information on selected publicly traded =
companies.=20
All companies are chosen on the basis of certain =
financial analysis and other pertinent criteria =
with a=20
view toward maximizing the upside =
potential for=20
investors while minimizing the downside risk, =
whenever=20
possible. Moreover, as detailed below, =
this=20
publication accepts compensation from certain of =
the=20
companies which it features. Likewise, =
this=20
newsletter is owned by MarketByte, LLC. To =
the=20
degrees enumerated herein, this newsletter =
should=20
not be regarded as an independent=20
publication.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-2><A=20
=
href=3D"http://www.otcjournal.com/disclaimer.html">Click=20
Here</A> to view our compensation on every =
company we=20
have ever covered, or visit the following web=20
address: <A=20
=
href=3D"http://www.otcjournal.com/disclaimer.html">http://www.otcjournal.=
com/disclaimer.html</A>=20
for our full profiles and <A=20
=
href=3D"http://www.otcjournal.com/trading-alerts/disclaimer.html">http://=
www.otcjournal.com/trading-alerts/disclaimer.html</A>=20
for Trading Alerts.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT =
size=3D-2>MarketByte LLC has=20
been paid a fee of 125,000 shares of free =
trading stock=20
of Energy Power Systems Limited for representing =
the=20
company for one year. The fee has been paid by =
Fieldston=20
Traders LTD acting on behalf of the company. The =
contract expired February 12, 2002. Marketbyte =
LLC=20
currently has no contractual obligation or any =
shares of=20
Energy Power.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-2>All =
statements and=20
expressions are the sole opinions of the =
editors=20
and are subject to change without notice. A =
profile,=20
description, or other mention of a company in =
the=20
newsletter is neither an offer nor solicitation =
to buy=20
or sell any securities mentioned. While we =
believe=20
all sources of information to be factual and =
reliable,=20
in no way do we represent or guarantee the =
accuracy=20
thereof, nor the statements made =
herein.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-2>The =
editor, members=20
of the editor's family, and/or entities with =
which they=20
are affiliated, are forbidden by company policy =
to own,=20
buy, sell or otherwise trade stock for their own =
benefit=20
in the companies who appear in the publication =
unless=20
specifically disclosed in the =
newsletter.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-2>The =
profiles,=20
critiques, and other editorial content of the=20
OTCjournal.com may contain forward-looking =
statements=20
relating to the expected capabilities of the =
companies=20
mentioned herein.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-2>THE =
READER SHOULD=20
VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE =
BEFORE=20
INVESTING IN ANY SECURITIES MENTIONED. INVESTING =
IN SECURITIES IS SPECULATIVE AND CARRIES A =
HIGH=20
DEGREE OF RISK. THE INFORMATION FOUND IN THIS =
PROFILE IS=20
PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED =
STATES AND=20
MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY =
WITHOUT THE=20
EXPRESSED, WRITTEN CONSENT OF THE EDITORS =
OF=20
OTCjournal.com.</FONT></FONT>=20
<P><FONT face=3DVerdana><FONT size=3D-2>We =
encourage our=20
readers to invest carefully and read the =
investor=20
information available at the web sites of =
the=20
Securities and Exchange Commission ("SEC") at <A =
=
href=3D"http://www.sec.gov/">http://www.sec.gov</A>and/or=20
the National Association of Securities Dealers =
("NASD")=20
at <A=20
=
href=3D"http://www.nasd.com/">http://www.nasd.com</A>. We=20
also strongly recommend that you read the SEC =
advisory=20
to investors concerning Internet Stock Fraud, =
which can=20
be found at <A=20
=
href=3D"http://www.sec.gov/consumer/cyberfr.htm">http://www.sec.gov/consu=
mer/cyberfr.htm</A>.=20
Disclaimer ID:0esYJlLv Readers can review all =
public=20
filings by companies at the SEC's EDGAR page. =
The NASD=20
has published information on how to invest =
carefully at=20
its web site.</FONT></FONT> <BR>
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