New Century - Profile Of The Week!

[Wallstreet Universe]

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NOVEMBER 26, 2001 - THE WALLSTREET UNIVERSE REPORT
FEATURED PROFILE OF THE WEEK!
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Dear Investors,
 
We would like to introduce you to New Century Companies, Inc.  
(OTC BB: NCNY.OB)  which is our featured profile this week.  New
Century is a leading manufacturer of machine tools that produce
large diameter (4-14+ ft.) precision machined, metal rings. Upon
completion of it's merger with Smith West, Inc., NCNY will be the
leading source in the U.S. of large, precision machined rings for
the Energy and Aerospace Industries. Recent initiatives with in
the Aerospace and energy industries represent almost $1 trillion
in new sales, NCNY intends to continue it's strategy of "vertical
integration" by acquiring additional high margin, profitable
businesses. 

At Wallstreet Universe, we will be keeping you informed of
New Century updates and press releases for the next couple of
months.  Our last four profiles of:  AMSE,  CETA, CBBD  and EMBI
have performed tremendously and we expect the same of New
Century!   Good Trading - Steven Schwartz and Staff!



~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

New Century Companies, Inc.  (OTC BB: NCNY.OB)
Current Price:  $0.45  cents per share.
Location:  9515 Sorenson Ave.  Santa Fe Springs, CA 90670
Phone:  (562) 906-8455 
Website:  http://www.newcenturyinc.com 
For More Info:  http://finance.yahoo.com/q?s=NCNY.OB&d=t

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~



+>+>+>  ABOUT THE SMITH WEST INC., MERGER:

The Company has signed a letter of intent for merger with Smith
West, Inc., a rapidly growing manufacturer of large
high-precision-machined rings for aircraft and gas turbine
production.  More about Smith West, Inc.
 
> Smith West Inc. is a privately held leading manufacturer for
aircraft jet engines, land base turbines for power generation and
machinery for the semi-conductor industry. 

>> Twenty-year-old company headquartered in Tempe, AZ; operating
three (3) state-of-the-art facilities: a 38,000 sq ft. plant
dedicated to aircraft engine components; a 46,000 sq.ft. Plant
dedicated to semi-conductor machinery components; and a new
32,000 sq.ft. facility dedicated to manufacturing turbine
components for aircraft engines and power generation plants in
Guaymas, Mexico 

>>> Leader in providing high precision-machined rings. 

>>>> Customers include: GE Aircraft and Gas Turbine Divisions,
Honeywell and others 

>>>>> Current backlog of $70 - $80 Million · Rolls Royce
forecasts that the civil aeronautics market will be 465 Billion
in sales over the next twenty years. 

>>>>>> GE Power System's Division has 40 Billion in backlog of
orders for turbines for power generation 



+>+>+>  ABOUT NEW CENTURY COMPANIES, INC.: 

> NCNY, under its brand name Century Turn, specializes in
manufacturing, remanufacturing and retrofitting machine tools,
primarily Vertical Boring Mills and large turning lathes. 

>> Solving the current power crisis by offering remanufactured
Vertical Boring Mills, the company saves millions of dollars per
year in energy cost by re-utilizing the major casting of each
Vertical Boring Mill. These savings (generally 40-60%) allow NCNY
to be the most price competitive manufacturer of "VBM's" in the
USA. 

>>> Delivery times of remanufactured equipment are quarter the
industry standard (3 mos. vs. 14 mos.) 

>>>> Company has completed its $2 million dollar expenditure on
product development for it's patent pending "Century Turn"
product line. 

>>>>> Founded in 1996, NCNY has been profitable since its
inception (excluding non-recurring R&D expense). 

>>>>>> CEO David Duquette, brings over 30 years experience in the
machine tool business 



+>+>+>  CAPITAL STRUCTURE AND FINANCIAL HIGHLIGHTS:

> NCNY has 46 million shares outstanding and 16 million shares in
the float. 

>> Combined companies will have annual revenues approaching $50
million in profitable sales. 

>>> Company intends to make NASDAQ application by year end 2001. 
For the month of July, typically a seasonally slow booking month,
sales increased from $521,000 a year prior, to $3.2M for the
month. 

>>>> Company plans to acquire a modern 43,000 sq.ft.
state-of-the-art manufacturing facility tripling NCNY's current space. 



>>===================================>> 
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