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Twice each month at Noon EST on Sunday, Stockprowler will bring you his latest hot stock pick...free on the Web! Stockprowler uses state of the art technology to look under the rocks and find those little stocks with the potential to make the BIG moves. Stockprowler screens NASDAQ, NYSE, AMEX, and OTC Bulletin Board stocks trading around $3 or under. These stocks offer considerable leverage at minimal cost. It is not uncommon for these stocks to make moves of 30%, 50%, or more. Please read our disclaimer before trading in any stocks mentioned on this Web site. So are you ready? Here's the Stockprowler report for the week of Sunday October 7, 2001: |
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For those visiting the Stockprowler web site for the first time… you may
want to visit the Google.com search link to Stockprowler.com http://www.google.com/search?hl=en&q=stockprowler&btnG=Google+Search.
Google.com lists over 150 interesting links to our site…
Imagine a company trading at only 45 cents a share that has earnings of 17 cents a share (ttm), is rapidly growing revenues - year to date increase of over 69%, has no long term debt, has just 12.6 million shares outstanding, and a float of only 1.5 million. And if that were not enough to get your attention… the company has a business model very much like that of the highly successful direct marketer, Home Shopping Network, a division of USA Networks, Inc. (NASDAQ: USAI) …Sound interesting? Read on. Headquartered
in Pompano Beach, Florida, Intermedia Marketing Solutions, Inc. (OTC BB:
IMMM) is engaged in the marketing, production and distribution of
television programs, direct-response commercials and sale of consumer
products associated with these programs. The company operates three
divisions, including Site2Shop.com, which handles retail marketing and
product sales activities, Tricom Pictures, which handles television
production activities and the marketing of educational television
programming, and Mirage Productions, a full-service multi-media
production facility. The company sells unique, newly launched, and
nationally-branded consumer products through 30-minute shop-at-home
television programs. All programs are distributed to national audiences
through a combination of ABC affiliates, NBC affiliates, CBS affiliates,
FOX affiliates, UPN affiliates, Warner Brothers affiliates, independent
television stations and targeted cable networks. Products and services
featured on the Site2Shop.com television programs may be purchased
through its telephone call centers, the company's Web sites, other
e-commerce Web sites, and the company's retail store in South Florida. The
products offered by Site2Shop include jewelry, housewares, apparel,
electronics, collectibles, toys, educational products, exercise and
sporting equipment. A majority of the products offered by Site2shop
comprise a combination of national brands as well as private brand or
non-branded products. Site2shop purchases the merchandise offered by it
on both a consignment basis and on a terms basis for products sold
through fulfillment and on the Internet. The
company has developed into a vertically integrated full-service media
company performing all aspects of television production and
distribution.
The company’s Tricom division is engaged in the marketing, production
and distribution of 30-minute educational programs. These programs are
distributed through a combination of any or all network affiliates,
independent television stations and targeted cable networks. Topics for
the programs, include, but are not limited to, parenting, health,
cooking and home improvement, and are presented in a news magazine-style
format with all segments having a strand of commonality about the topic.
Companies, appearing on three to five segments of the program, apprise
the viewer of their products or services in conjunction with the topic
featured on the program, but there is no direct attempt by the companies
to sell their products or services. The
Mirage Video and Production Division maintains the full-service,
in-house production facilities for the company that includes editing
facilities, camera crews, in-house studios and complete animation and
graphic capabilities. The facility handles all site2shop.com projects,
as well as providing production services to other organizations. It has
the ability to create educational and promotional television programs,
and can stream video for the Internet. Streaming video allows the
company to use over 1,000 hours of its proprietary programming and raw
footage on its Website. Since it owns the rights to its shows and
controls the production process, the company can create and air programs
using the diversified media. For more information, and to see a sample
home-shopping video, visit the company's web-site www.site2shop.com. Revenues
for the quarter ended June 30, 2001 rose 64% to $4.8 million from $2.9
million in the quarter ended June 30, 2000.
Net income for the second quarter of 2001 increased to $403,747
or $0.03 per fully diluted earnings per share, compared with a profit of
$79,362 or $0.01 per fully diluted earnings per share for the quarter
ended June 30, 2000. This represents an increase of $324,385 or
408%. Revenues
for the six months ended June 30, 2001 increased by 69% to $8.3 million
from $4.9 million in the six months ended June 30, 2000.
Net income for the six months of 2001 increased to $626,807 or
$0.05 fully diluted earnings per share, compared with a loss of
$(218,506) or $(0.02) fully diluted earnings per share for the six
months ended June 30, 2000. Commenting
on the results, Jack Levine, Vice President and Chairman of the Board of
Intermedia Marketing Solutions said, “We are pleased that we are
continuing to develop growth and in turn building value for the company.
During the last twelve months we have internally built the base to
support our increased production in our shopping and educational shows
and direct response commercials. In turn, we have also been able to
manage our growth as shown by the increase in revenues of over 64% and
increases in selling, marketing and administrative expenses of less than
3%.” IMMM
recently announced that it has obtained a line of credit with the
prominent investment banking firm, Merrill Lynch. Mark Alfieri,
President and Chief Executive Officer of the company said, “ We feel
that the credit facility we have obtained with Merrill Lynch is a
stepping stone to future endeavors between the two organizations that
will enable us to continue our mission to become the leading integrated
media company of unique customer products and education television shows
by utilizing cutting edge technology”. IMMM
is currently trading at a P/E of 4… and, incredibly, its Price/Sales (ttm)
is just 0.29. Combine that with the fact that, historically, the
company’s best 2 quarters are still to come… IMMM could conceivably
earn 25 cents a
share in 2001. It is the opinion of Stockprowler.com that IMMM is
grossly undervalued, largely because hardly anyone knows about it!
Witness the thinly traded volumes and the almost non-existent message
board postings. With a float of only 1.5 million shares, we believe that
as the word gets out, this stock is a likely an easy double near term…
and long term we could be looking at a real keeper. Good
trading…Stockprowler |
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