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On
the first Sunday of each month Stockprowler will bring you his latest hot
stock pick profiled in depth ...free on the Web! And every week Stockprowler
updates the Stockprowler Watch box with exciting new potential momentum
plays. 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 stocks trading under $3.
These stocks offer the speculator considerable leverage. It is not uncommon
for these stocks to make moves of 30%, 50%, or more. Please read our disclaimer before trading |
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Stockprowler’s pick this week... eNucleus, Inc. (OTC BB: ENCU)
Shares Outstanding: 100 million Market Capitalization: $3 millionClosing Price Friday 12/5/03: 3 centsSeasons Greetings to all! AACS, our stock pick for the month of November has yet to live up to our “SEVU like expectations”. We do, however, strongly believe that it will eventually deliver the return we predicted for it in our last report… On another note, readers who have been playing our Watch List stocks each week have enjoyed some absolutely spectacular gains with LBTT, MSITF, TPBV, HTDS, ISO, and SPAZ. In our mail bag…Stockprowler has received several letters regarding our Watch List policy pertaining to how long stocks stay on the Watch List. Stocks appearing on our Watch List are stocks that we are following… just because we move stocks off the list does not mean we are not following them, nor does it mean they are not still candidates for a "Stock of the Month" profile report. We try to include in our Watch List, over the period of 4 weeks, all the likely candidates for the "big" profile report so readers have some insight as to what we are thinking about for the monthly report. To be honest, we often don't know what our final choice will be until a few days before the report date. As to MSITF and LBTT, they have done very well …and may continue to do well, although I have some concerns at this point with outstanding shares /authorized shares. Our pick for the month of December 2003, eNucleus, Inc. (OTC BB: ENCU) was an Internet high-flyer trading in the $30 range before the market began its slide/crash in March of 2000. Currently trading at a mere 3 cents, eNucleus is an unbelievable ground floor opportunity. Why? …Because, on November 6, 2003, eNucleus received its final decree from the United States Bankruptcy Court for the Northern District of Illinois, successfully concluding restructuring and emergence from bankruptcy. This means we have a well established wholesaler of Internet infrastructure/ Applications Service Provider (ASP) that, after emerging from bankruptcy and is substantially debt free, is still trading at pre-bankruptcy levels! It appears that shorters/ MM’s are keenly aware of this, and have dispatched their “pro-teams” to bash the hell out of ENCU on the message boards, driving the share price down to present levels. What a joke! Look… here’s what happened in the BK and why Stockprowler believes this is an incredible speculation:
This is a no brainer! Here we have a brand name, former Nasdaq company in
a market that specializes in outsourcing business application software
services for a $700 billion industry. The market for Internet infrastructure software will grow to over $36 billion
in FY2003 according to International Data Corp… Web site and data hosting will increase to 14.6 billion in
FY2003 according to Forrester research, Inc… The ASP market will grow from $900 million in
1998 to approximately 23 billion by FY2003 according to the prestigious
Gartner Group. eNucleus, Inc. solutions offer businesses comprehensive internet-based
outsourcing products that are designed to reduce costs, speed
implementations, reduce technology risks, and provide guaranteed operating
performance… It means companies
don’t have to buy and maintain an expensive computer network. It means they don’t have to keep
spending money on technology that is changing daily. It means they can
eliminate IT headaches and save money on IT staff. It means critical business
information is immediately available to everyone who needs it, when they need
it—customers, suppliers and your employees. It means a business will
operate more efficiently and more profitably. It is our opinion that
Internet-based models of software delivery will be the migration path of
choice for most software applications in the foreseeable future due to the
cost savings and broader accessibility of critical business information.
eNucleus has focused on developing a
reliable nationwide data network that allows companies to access their
critical software applications and business data via high speed internet
connections. This delivery method allows them immediate access without costly
expenditures and headaches of building and maintaining a network infrastructure
within their business establishment. eNucleus allows multiple businesses to access the same host server on which
common software applications reside - paying a monthly fee on a per user
basis. The eNucleus’ business strategy is to acquire leading software applications in specific market verticals that enjoy strong customer loyalty and enable those applications for delivery over the Internet for a recurring monthly fee on either a managed hosting or pure ASP basis. By spreading the network infrastructure costs and the technological skills for “re-tooling” software applications over various acquired software applications and through the consolidation of back office operations, this business strategy increases overall profitability and lowers eNucleus’ risk for any given software application acquired. This business model also builds a strong base of recurring monthly income. As customers migrate to this new application delivery method, opportunities will invariably emerge for eNucleus to manage and deliver other core business processes such as electronic file management, data backup and disaster recovery needs. With insiders holding a substantial amount of the outstanding shares… and debt holders having restricted common shares, it is the opinion of Stockprowler.com that trading in shares of ENCU could be extremely volatile because of the small float relative to OTC BB stocks. In our opinion, shares of ENCU could easily see 15 cents again short term on any news. Long term this looks BIG! Stockprowler does not receive compensation from companies we profile or from third parties… we never have and never will. We use our own money when we buy stocks, and even though we usually take a position in a stock before we profile a company, our purchases are always relatively small so that the chance of having an effect on a stock’s price when we buy or sell is negligible. Please read our full disclaimer. Also, contrary to a commonly held belief, Stockprowler
does not have access to insider information, nor do we want to, because
trading on insider information is illegal! All information contained in our
reports is available in the public record… and any written or verbal
communication with company CEOs/ IR people strictly adheres to this rule.
Readers are urged to read the company SEC filings and do their own due
diligence before investing in this or any other stock. Good Trading… Stockprowler |
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