Stockreporter Announces Investment Opinion on Shanecy, Inc.Business Editors NOTE TO EDITORS: The following is an investment opinion released by Stockreporter CARLSBAD, Calif.--(BUSINESS WIRE)--Feb. 15, 2000 Stockreporter.de begins coverage of Shanecy, Inc. (OTC/BB: SECY) with a Strong Buy recommendation and a year-end 2000 price target of $50 to $60 per share Shanecy, Inc. (OTC/BB: SECY) has received a Strong Buy recommendation from Stockreporter, a leading European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. financial Internet publication located at www.stockreporter.de. Stockreporter specializes in the coverage of micro-cap stocks Micro-cap stock See: Penny stock and undervalued companies undervalued company A firm whose assets and potential earning power are not adequately reflected in its stock price. Although such firms are more likely to be subject to takeover attempts than others, determining whether a particular firm is actually . The successful Stockreporter team is one of the first independent analysts to begin coverage and release an investment opinion in this emerging Internet-related investment and incubator incubator, apparatus for the maintenance of controlled conditions in which eggs can be hatched artificially. Incubator houses with double walls of mud, a fireroom, and several compartments each holding about 6,000 hens' eggs were developed in ancient times; the company. SECY's stock price is currently trading in the $11 range, up from $5 on December 1, 1999. Based on comparable companies that are Internet-based investment vehicles, Stockreporter is beginning coverage of SECY with a target price of $50 to $60 by year-end and a $100 price target for 2001. &uot;We are extremely pleased to initiate coverage Initiate coverage (1) Firm is now followed by analysts at a particular securities house; (2) Indication to cover short position by purchasing the underlying stock (this cancels out the short position). of SECY with a Strong Buy recommendation for investors seeking the ability to invest in a diversified diversified (di·verˑ·s portfolio of emerging growth Internet companies,&uot; commented Torsten Prochnow from Stockreporter. &uot;SECY acquires a substantial equity interest in Internet-based business-to-consumer e-commerce companies called SECY's Portfolio Companies. The individual Portfolio Companies are provided an incubation period incubation period n. 1. See latent period. 2. See incubative stage. Incubation period where SECY's management provides operational, managerial, financial, marketing and technological support. When the Portfolio Company is at its peak valuation under the SECY's focused investment strategies, SECY shareholders will recognize increased value by participating in the IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. , directed share program, rights offering, spin-off The situation that arises when a parent corporation organizes a subsidiary corporation, to which it transfers a portion of its assets in exchange for all of the subsidiary's capital stock, which is subsequently transferred to the parent corporation's shareholders. , sale or merger transactions involving the Portfolio Company. &uot;Soon to be renamed Inc.ubator Capital, Inc., SECY invests in Internet companies that concentrate in providing goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. to moderate-income consumers,&uot; Torsten Prochnow continued. &uot;This is a vastly underserved market with enormous aggregate purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. estimated at $1.5 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. annually. The moderate-income consumer is expected to be the next area of accelerated growth on the Internet. We are targeting SECY's stock price to reach $50 to $60 per share by year-end. For these and other reasons outlined in our report, Stockreporter is recommending the purchase of SECY for strategic Internet investors.&uot; SECY has met the required qualifications and will apply for listing on the Nasdaq SmallCap Market in the near future. The complete SECY update issued by Stockreporter is available in English and German and can be accessed at www.stockreporter.de. NOTICE Stockreporter.de is a service rendered by World of Internet.com AG, Germany. All statements and expressions, especially the evaluations and outlooks on companies, are the opinion of Stockreporter.de and are not meant to be a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual or recommendation to buy, sell or hold securities. 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