DALLAS, Oct. 25, 1999 (PRIMEZONE) -- Dallas Gold and Silver Exchange, Inc. (Nasdaq:DGSE) shares have been recommended in an analyst report just released by WallStreet Research, a prominent research boutique led by Alan Stone, managing Director of Alan Stone & Company, LLC, and Joseph E. Jones, CFA, a former Director of Research at the American Stock Exchange. Mr. Jones, earlier in his career, was a senior analyst at Brown Brothers, Harriman & Co. and Standard & Poor's. Mr. Stone was formerly an analyst and assistant portfolio manager at Merrill Lynch Asset management and securities analyst at Prudential Insurance Company's Capital Markets Group.
WallStreet Research specializes in the microcap and smallcap investment arena, looking for emerging growth companies with strong management, unique or proprietary technology, significant market potential, financial strength, and outstanding long-term earnings growth possibilities. The report on Dallas Gold & Silver, Inc. is available, together with additional information about WallStreet research, at www.WallSt-Research.com.
Dallas Gold & Silver Exchange, Inc., a Nevada Corporation headquartered in Dallas, Texas, integrates electronic commerce with retail, wholesale and liquidation jewelry business. The company operates a jewelry superstore in Dallas, a pawn jewelry business in Carrollton, Texas, and two auction web sites at www.dgse.com and www.FirstJewelryAuctions.com selling jewelry, diamonds, fine watches, precious metals and various bullion products to domestic and international customers. In addition to hosting one of the largest dollar-volume web sites in the jewelry industry among publicly traded companies, the company also provides real-time quotations on over 250 precious metals products at its www.usbullionexchange.com site. Recently, DGSE also acquired one of the largest retail liquidation experts in the USA, Silverman Liquidations, Inc. Trading on the Nasdaq Small Caps Market, DGSE and its subsidiaries form one of the most creatively integrated sources and distribution centers in the jewelry and related products industry.
For more information on Dallas Gold & Silver Exchange, Inc. please visit the WallStreet Research web site at www.WallSt-Research.com to view the research report.
Dallas Gold & Silver Exchange, Inc. is a wholesaler and retailer of jewelry, diamonds, fine watches and precious metals to domestic and international customers through its Superstore in Dallas, Texas and through its live real-time auctions on the Internet (www.dgse.com & www.FirstJewelryAuctions.com). The company also provides real-time quotations on over 250 precious metals products at its www.usbullionexchange.com site.
Statement's about the Company's future expectations, including future revenues and earnings, and all other statements in the press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe-harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.
Contacts: Alan Stone Alan Stone & Company LLC 310-444-3940
Dallas Gold & Silver Exchange William H. Oyster, President 800-527-5307