S.A. Advisory E-Mail Update

October 14, 1999

Subject:  S.A.Advisory Alert for Oct 14,99--new recommendation on FCIN and update on OSCR
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                                    NEW BUY RECOMMENDATION
THIS IS A BORING INVESTMENT--MOST WILL NOT LIKE IT! WE THINK THAT THIS INVESTMENT IS A SUPER 
BARGAIN!
FLOUR CITY INTERNATIONAL     ( FCIN--NASDAQ)--PRICE $2.18
THE COMPANY IS ENGAGED IN ONE INDUSTRY SEGMENT: THE DESIGN,ENINEERING, MANUFACTURE AND 
INSTALLATION OF CUSTOM CURTAINWALL SYSTEMS FOR THE CONSTRUCTION INDUSTRY
BUSINESS CONDUCTED:  NORTH AMERICAN 30%/PACIFIC RIM 70%
IPO--MAY 28,1998--AROUND $10/SH
AS OF SEPT 13,99--6.2 MILLION SHARES FULLY DILUTED
MANAGEMENT OWNS 2.8 MILLION
SOME OF THE MOST PRESTIGIOUS BUILDINGS IN THE WORLD ARE ACCENTED BY CUSTOM CURTAINWALL
SYSTEMS DESIGNED, FABRICATED AND INSTALLED BY THE COMPANY:
CITICORP CENTER,  JFK AIRPORT TERMINAL 1, ROCK & ROLL HALL OF FAME, EMPIRE TOWERS,ALLIED
BANKER TOWER--- ARE JUST A FEW OF THE BUILDINGS THAT FCIN HAS COMPLETED.
SELECT FINANCIAL DATA;
                             year eding Oct 31                               9 months
       94a            95a           96a            97a            98a          99a         00e
rev   $3.9 million   $4.8 million  $6.6 million   $31.8 million  $32 million  $30 million  $65 mil
net income/
share   .19            .22           .32            $1.21           .78         (.47)      .72
shares out-
standing                             4.3 mil        4.3 mil        5 mil        6.2 mil     6.2mil
price range:
99--$1.16---$5.375
98--$2.94---$10.00
97--$3.00---$14.00
NO LONG TERM DEBT
CASH AS OF JULY 31,99-----$17.5 MILLION OR $2.82/SH
BOOK VALUE OF JULY 31,99---$22.0 MILLION OR $3.55/SH
                       PRESS RELEASES
AUGUST 27,99 --STRENGTHENS MANAGEMENT
SEPT 21,99 COMPLETED 500K BUY-BACK--HAS APPROVED ADDITIONAL 200K--
(THIS STOCK WILL GO BACK TO TREASURY--ACTUALLY REDUCES SHARES OUTSTANDING TO 5.5 MILLION)
OCT 14,99--HAS BEEN AWARDED A $13 MILLION CONTRACT--BACKLOG NOW STANDS AT $104 MILLION AND
$250 MILLION OUTSTANDING BIDS.
THE THIRD QUARTER ENDING JULY 31,99
                99                     98
REV     10.9 MILLION                10 MILLION
EARNINGS
(LOSS)    (.29)                      .16
NET INCOME FOR THE THIRD QUARTER WOULD HAVE SHOWN A .03 PROFIT, BUT BECAUSE OF BAD DEBT
THE COMPANY RESERVED $2 MILLION FOR QUESTIONABLE COLLECTION:
MANAGEMENT HAS INDICATED THAT FOURTH QUARTER WILL SHOW A PROFIT.  WE ARE HEARING .05-.10/SHARE.
ACCORDING TO MANAGEMENT:  FOR FISCAL 00  REV WILL ATLEAST EQUAL $65 MILLION AND NET INCOME/
SHARE WILL EQUAL .72!!  THESE NUMBERS CAME FROM IR VIA MANAGEMENT!
BOTTOM-LINE:
THIS IS A VERY CHEAP STOCK FUNDAMENTALLY!!!! IT TRADES AT 30% BELOW CASH, 60% BELOW BOOK,
HAS NO LONG TERM DEBT, TRADES ON THE NASDAQ, HAS BOUGHT BACK OVER 10% OF THE OUTSTANDING
STOCK, NEW AS WELL AS ENHANCED MANAGEMENT, RECORD FIRM BACKLOG AND OUTSTANDING BIDS, NEW
CONTRACTS ANNOUNCED, GREAT REV AND EARNINGS EST. FOR 00 VIA MANAGEMENT, WHICH YIELDS AN
EST. PE OF 3x--REV GROWTH WILL EXCEED 62% OVER 99 RESULTS AND FINALLY (FCIN) HAS ALMOST
NO FOLLOWING.. THIS IS A GREAT INVESTMENT FOR INVESTORS THAT FAVOR FUNDAMENTALLY CHEAP
INVESTMENT OPPS!   IF REV AND EARNINS EST. FOR 00 ARE MET OR EXCEEDED THIS STOCK SHOULD
EASILY TRADE AT $10.00 PERIOD!
WE INTEND TO MONITOR FCIN WITHIN OUR PORTFOLIO FOR % GAIN PERFORMANCE!
PRESIDENT---JOHN TANG---423-928-2724--IR--GEORGE LOGAN-949-566-9860
                              MORE INFORMATION ON OSCR
RECENTLY RECOMMENDED AT $3.31 ON OCT 9,99--SEE E-MAIL DATED OCT 9,99 
We had a conversation with Romi Alder ( President,CEO,director) of OSCR.
The SEC filing should be filed within 1 to 2 weeks.  He claims that 30K computers have
been shipped. He states that a IP telephony service with unlimited calling for $19.9/month
will be introduced shortly.  Cannot at this time tell me the book-value of the company because
the conversion from Israel accounting to USA standards need to be completed.  I cannot at this
point talk about the rev and earnings that have been released via press releases, because I have
not seen the audited numbers and do not want to speculate what the final outcome will be.
The three subs that generate the majority of rev; shopss.com, faxing and gateways.  Looks like
a spin-off is coming soon.  Questions call Worldwide Corporate 1-818-783-0054
WE STILL RATE THIS SITUATION WITH A STRONG SPECULATIVE BUY RECOMMENATION!  AS STATED WE WILL
MONITOR A POSITION OF OSCR IN OUR MODEL PORTFOLIO FOR % GAIN PERFORMANCE!  IF ALL THE INFORMATION
IS EVEN 70% ACCURATE THIS STOCK COULD APPRECIATE 200% FROM CURRENT LEVELS.  WE WILL KNOW THE
ANSWER TO THIS VERY SHORTLY!!    ps:  WE BELIEVE THAT NEWS WILL BE RELEASED OF FRIDAY!
OTHER STUFF:
ARTM---BEEN VERY ACTIVE LATELY --TRYING TO PUSH OVER THE $1.00 LEVEL FOR THE 100TH TIME!
FROM THE TIME THAT WE FIRST RECOMMENDED ARTM @.375 ON OR ABOUT 1/19/99 STOCK IS ALWAYS 
COMING FROM SOMEWHERE.
FPCX---GREAT MOVEMENT LATELY--SOMETHING MIGHT BE UP!  MAYBE MANAGEMENT GETTING THE BOOT--WISHFUL
THINKING!
PCSH--GREAT EARNINGS FOR THE QUARTER    .09 FOR QUARTER, THIS COMPANY DOES ABOUT $2 BILLION IN
SALES BUT ONLY HAS A MARKET-CAP OF $30 MILLION ---GO FIGURE!!  THIS IS A SCREAMING BUY!
HMLD--BUY
THE RUSSIAN OILS ARE COMING TO LIFE AGAIN--REVIEW JULY/AUGUST 99 NEWSLETTER
BYE-BYE
YOURS TRULY    WILLIAM VELMER

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