PowerLinx Inc (PWNX): ¶ SEVU: HIGHLIGHTS of JOINT PR with...

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Francois+Goelo

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Wednesday, 09/06/2000 11:44:35 AM

Wednesday, September 06, 2000 11:44:35 AM

¶ SEVU: HIGHLIGHTS of JOINT PR with JC PENNEY...

http://biz.yahoo.com/prnews/000906/fl_seaview.html

+ SEVU today announced that the Company has processed a vendor agreement with J. C. Penney Co., Inc... "This will be followed by catalog sales", commented Rich McBride, the CEO...

+ In addition, J.C. Penney Outlet Stores will purchase SecureView Surveillance Systems this month, for loss-prevention applications in most of their stores...

+ "We will be in Home Depot next year," he [CEO] said...

+ "Our Marine Division has made the jump from direct-to-consumer sales, to a dealer network of over 800 stores. Our sales last quarter were up 410 percent, at $1,900,000," stated SEVU CEO Rich McBride...

+ 12 Volts "SecureView" ready to Market: Explaining how SecureView DC works, Cox said: "Just hook to 12 volts at the back of your truck, RV, or boat, plug any 12-volt TV into a cigarette lighter adapter, and you have a live, see-in-the-dark TV picture"...

+ New Product, IFRS, with Universal applications, READY to ROLL: "We've been making universal IRFS transmitter-receiver combos for over a year", Cox said... "This is not a design hope for the future; we are doing it right now. Color video, cable, and DVD transmission works on any of our current SecureView stand-alone transmitters -- stereo audio, too"...

+ SeaView trades under the OTC Bulletin Board symbol SEVU, and has applied for a listing on the American Stock Exchange (the symbol STV has been reserved)...

+ The Company also indicated that the coming weeks will bring announcements of other major firms coming on board...

+ "Are we manufacturing SecureView? YES! Are we delivering? YES! Are we selling more? YES!", says McBride... "IRFS will carry this company into the future"...

OPINION: I see a short term Target to recent highs of $16.00, with new Highs before the end of 2000, surpassing the $28.50 established earlier... As always, Invest only what you can afford to lose....

JMHO, F. Goelo + + +