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Each and every week at 7:00 PM EST on Sunday, Stockprowler will bring you his latest hot stock pick of the week ...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 primarily NYSE, AMEX, and NASDAQ 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 Monday, June 26, 2000: |
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Last week, recent pick STKL announced the signing of a Letter of Intent under which Stake Technology Ltd. will acquire 100 percent of the common shares of Northern Food & Dairy, Inc. through a share exchange. Northern Food & Dairy, Inc. is the largest manufacturer of soy milk in the United States, supplying approximately 60 percent of the US market from its plant in Alexandria, Minnesota. STKL closed Friday at 1 5/8… Shares of another previous pick CICI closed out the week at 3 1/4… Stockprowler's pick this week is… ImaginOn, Inc. (IMON:Nasdaq)
ImaginOn, Inc. (IMON) of San Carlos, California is an information technology company focused on developing and marketing interactive broadband Internet television systems to businesses and institutions. The ImOn.comTV™ product can put any traditional broadcaster, corporation, or content owner into the Internet television business, literally overnight. The product is sold in a variety of configurations, based on the number of Internet fileservers required and is customized for each licensee. ImaginOn also offers a host of pre-and post-launch services to ImOn.comTV™ licensees. "The ImOn.comTV™ product is a TV station in a box - software on a server - that will, we believe, become a standard for Internet television," ImaginOn Chief Executive Officer David Schwartz stated. Schwartz believes the distinctions between "broadcast" and "Webcast" are disappearing. "All content will soon flow from one source to many different receivers -- the television, personal computers, it doesn't matter." Schwartz said. ImaginOn's proprietary technology, called "Transformational Database Processing and Playback" ("TDPP"), enables the creation of new business and consumer products that provide user-friendly and entertaining access to multimedia databases. ImaginOn was granted a U.S. patent on May 18, 1999 for its "TDPP" technology. According to Barron's archives, the U.S. Patent and Trademark Office allowed all 34 claims contained in the patent application for its "Method and Apparatus for Database Transformation and Adaptive Playback". ImaginOn's Internet television system, ImOn.comTV™, is a licensed turnkey package that enables any website to present interactive television within a standard browser window on any suitably connected computer. The ImOn.comTV™ interactive virtual console offers its users video on demand, video that branches under user command, automated Web searching, and many additional features customized for each licensee. For an actual demonstration of ImaginOn's interactive Web TV, readers connected to the Internet with DSL or cable modem may go to the company Web site. "We built the first fully interactive station ourselves at our site to help facilitate the education of the consumer; to show them what the interactive Web can be," said Schwartz. "It is best explained by going to the actual site because you really have to experience it in interactive video." The goal of the ImOn.comTV™ product is to make the Internet easier and more productive for businesses, educational institutions and individuals. ImOn.comTV™ integrates the WebZinger research engine, WorldCities 2000 Series of interactive travel planners, and sellONstream video e-commerce solutions. Additionally, licensees of ImOn.comTV™ receive the Company's software authoring tool, ImaginAuthor, which enables authoring of interactive TV content such as interactive movies like WorldCities 2000, and e-commerce video presentations, like sellONstream. Corporate training departments and educational content developers can use the Company's ImaginAuthor authoring tool for creating learning on demand applications. ImOn.comTV's features are especially useful in interactive education/training and interactive advertising markets… the market here alone is huge. ImOn.comTV's instant Internet television delivers up to 200 video data streams in standard package prices from $31,000 to $49,000 (or with optional servers included in the packages with prices ranging from $35,000 to $84,000) and was introduced at the world's largest television broadcast convention for the National Association of Broadcasters in Las Vegas, Nevada on April 10-13, 2000. With the ImOn.comTV™ product, it is now possible for anyone to start an Internet television station overnight. The anticipated widespread deployment of ImOn.comTV™ will change the entire notion of what "broadcast" is in the high bandwidth Internet era. While there are many companies that can stream video and audio, ImOn.comTV's instant Internet television "station in a box" is unique in four important ways. First, ImaginOn's technology links video directly to Web pages. Second, ImaginOn provides viewer-directed video branching, whereby a consumer watching a video can interactively make a decision, and based on that decision, the video will seamlessly change scenes. If the consumer makes a different decision, another video option will be played. Third, ImaginOn's proprietary search engine, WebZinger, is always running behind the video, providing automatic video-content-sensitive searches on the subject featured on the television screen. Finally, ImaginOn's ImaginAuthor tools enable fast conversion of video footage to the ImOn.comTV™ format. ImOn.comTV's instant Internet television packages are available for fast delivery, depending on the package selected and the amount of customization required by the licensee. The product can be shipped within six weeks from the date of purchase. ImOn.comTV's station packages can put any traditional broadcaster, e-business or content owner into the Internet television business, almost immediately. Companies that have libraries of video content will be able to launch specialized Internet television stations using their own video, processed by the ImaginAuthor authoring tool, the key tool that enables video branching, content-sensitive search capabilities, and e-commerce linkage for existing video footage. Recently announced agreements include:
It is the opinion of Stockprowler.com that the potential here for ImaginOn's proprietary products is huge indeed. Internet broadcasting or webcasting is going to be big. Analysts estimate that content services alone will exceed $11 billion in 2001. Key to the company's success is the widespread availability to the general public of high-speed broadband DSL or cable modem access to the Internet… and it's beginning to happen already in the urban areas. The technology is cutting edge and will move the Internet toward its next logical step in its evolution. This looks like a ground floor opportunity. The company has no short term or long-term debt. It has $3.6 million in cash, which should carry the company through the next 12 months. And the next 12 months could get very interesting what with a possible Sony Playstation 2 deal in the works, in addition to the previously announced agreements… Last week, the company announced its launch of ImOn.comTV™ in Great Britain… and this week Imaginon, Inc. will be showcasing its products at PC EXPO 2000, June 27 through June 29, 2000, at the Jacob Javits Convention Center in New York City. IMON closed up 16% for the week at 1 1/8 on heavy volume Friday. Stockprowler's database/software has been showing strong levels of accumulation the past 5 trading days. Don't bet the farm on this one… it is high risk… Good trading… Stockprowler |