Mdy 25p and beyond sooooon!!!!!!!

NEW YORK, Nov 18, 2003 /PRNewswire-FirstCall via Comtex/ -- Last week, Paulson Investment Company, Inc. (Paulson Investment) polled executives at the 26th Annual Westergaard SmallCap Conference regarding their outlook on small-cap markets in 2004. 98 percent of respondents expect growth in small-caps in 2004, with 56 percent anticipating significant growth and 42 percent moderate growth, rather than negative or no growth.

"Our goal for the survey was to identify what the investment community anticipates in small-cap market activity in 2004, including growth in industry segments and investment banking," said Chet Paulson, chairman and founder of Paulson Investment Company.

Industries to watch

When asked what three small-cap sectors they anticipate will be most active in 2004, nearly 70 percent of respondents cited biotechnology, pharmaceuticals, and health care industries. Closely trailing was the Internet content and commerce sector which was selected by 66 percent of respondents and the software, communications, security and energy industries which were each selected by 30 percent of respondents as being the most active.