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Whatya think, Jerome? I'm beginning to wonder if we'll ever hear anything about GTCI/Sinobull. . .official-like. This Sinobull thing reveals the real colors of a true OTC BB stock issue.
Peace,
M&M Man
What they are going to need is for some long-term investors, with institutional sized pockets, step up to the plate and begin accumulating Sinobull/ETLK. I hope Ching has some contacts here in the US or in China that can do this, it's either that, or we sit around and wait a few years for some pop to occur.
imho, Jerome
ETLK got some volume early on after the RM, but now looks dead in the water, with a 33% spread. In the OTC, not many are going to buy a stock and lose 33% immediately. Not that I see the fate of GTCI as being any better after the RM/RS occurs.
ETLK open high low close change volume
04/04/02 0.40 0.40 0.40 0.40 +0.40 5,000
04/03/02 0.00 0.40 0.35 0.00 -0.40 0
04/02/02 0.40 0.40 0.35 0.40 +0.40 9,000
04/01/02 0.00 0.51 0.37 0.00 +0.00 0
03/28/02 0.00 0.51 0.37 0.00 +0.00 0
03/27/02 0.00 0.51 0.37 0.00 +0.00 0
03/26/02 0.00 0.51 0.37 0.00 -0.42 0
03/25/02 1.17 0.42 0.42 0.42 +0.00 200
03/22/02 0.42 0.42 0.42 0.42 -0.09 200
03/21/02 0.51 0.51 0.51 0.51 +0.51 500
03/20/02 0.00 0.51 0.42 0.00 -0.51 0
03/19/02 0.51 0.51 0.51 0.51 +0.09 4,000
03/18/02 0.42 0.42 0.42 0.42 -0.08 300
03/15/02 0.51 0.51 0.50 0.50 -0.01 1,100
03/14/02 0.42 0.51 0.42 0.51 +0.51 400
03/13/02 0.00 0.51 0.42 0.00 -0.37 0
03/12/02 0.37 0.37 0.37 0.37 +0.00 100
03/11/02 0.44 0.44 0.37 0.37 +0.37 1,800
03/08/02 0.00 0.51 0.37 0.00 -0.44 0
03/07/02 0.37 0.51 0.37 0.44 +0.44 5,400
03/06/02 0.00 0.51 0.37 0.00 +0.00 0
03/05/02 0.00 0.51 0.37 0.00 -0.50 0
03/04/02 0.51 0.51 0.50 0.50 +0.15 8,000
ETLK open high low close change volume
03/01/02 0.35 0.35 0.35 0.35 -0.15 4,000
02/28/02 0.50 0.50 0.50 0.50 +0.50 1,000
02/27/02 0.00 0.50 0.35 0.00 -0.50 0
02/26/02 0.35 0.50 0.35 0.50 +0.05 2,300
02/25/02 0.40 0.45 0.40 0.45 +0.03 11,500
02/22/02 0.45 0.50 0.40 0.42 +0.42 26,400
02/21/02 0.00 0.55 0.40 0.00 +0.00 0
02/20/02 0.00 0.55 0.40 0.00 -0.40 0
02/19/02 0.40 0.40 0.40 0.40 +0.40 1,500
02/15/02 0.00 0.55 0.40 0.00 -0.40 0
02/14/02 0.40 0.40 0.40 0.40 -0.11 100
02/13/02 0.55 0.55 0.40 0.51 +0.16 12,400
02/12/02 0.35 0.35 0.35 0.35 +0.00 4,900
02/11/02 0.35 0.35 0.35 0.35 -0.16 100
02/08/02 0.45 0.51 0.41 0.51 +0.06 9,000
02/07/02 0.45 0.45 0.45 0.45 +0.04 2,400
02/06/02 0.51 0.51 0.41 0.41 -0.10 5,300
02/05/02 0.41 0.51 0.41 0.51 +0.11 4,700
02/04/02 0.52 0.52 0.40 0.40 -0.05 4,600
02/01/02 0.50 0.50 0.40 0.45 -0.25 35,200
01/31/02 0.45 0.90 0.45 0.70 +0.70 10,000
01/30/02 0.00 0.55 0.35 0.00 -0.43 0
01/29/02 0.42 0.51 0.42 0.43 -0.07 15,500
Well, EZ, in the bigger scheme of things, Lexington is still very "new." We'll see what they can do over the next quarter or two (realistic time frame). The delays of the listing of Sinobull.com have certainly been a part of the demise of HRCT's shareholder value. They may want to play the game in reverse now. . .focusing more on HRCT's subs. . .and their true value. HRCT's shareprice should follow in suit (which will take/should take more time).
Peace,
M&M Man
if you haven't had a chance to view it.......open
the Lexington link....and at the bottom of the "about us"
page click on the SLIDE SHOW link. Provides some very
comprehensive facts on Lexingtons capabilities and strengths.
http://www.lexingtonenterprises.com/about_us.html
EZ. . .it doesn't look like it's based in China, anyhow. Nonetheless. . .Sinobull needs to get creative (fast) and start coverage of CHINA in AMERICA. That should have been something Sinobull had on the burner from the very start. That would also heighten American understanding of what Sinobull is. . .etc. Lets hope they establish some attention after their audit is complete.
Peace,
M&M Man
look much closer, Mark. NOT what I would consider any
major threat to Sinobull ------ if it was THAT good, Alan would have BOUGHT it !!!!!! :)
http://www.smallcapcenter.com/snapshot_newsrelease.asp?component=compinfo.asp&page=snap_newsrele...
Remember when Sinobull supposedly had "first-mover" advantage?
**China Xin Network Media Corporation (CXIN: .20) announced that its shares will be trading on the OTC Bulletin Board as of this morning, Thursday April 4, 2002. CXN Media Corporation is a global provider of financial, economic and business information on the People's Republic of China. CXN's correspondents produce and publish the most reliable content available with the highest accuracy, integrity and speed. CXIN added .03 cents (+17.6%) on volume of 650,300 shares.
M&M Man
repost of meeting dates/times/locations:
Dr. Wallace Ching, Hartcourt's CEO, to Visit Six Cities to Meet With Shareholders and Investors
Updated: Friday, April 5, 2002 03:00 AM ET Printer-friendly version
LOS ANGELES, April 5 /PRNewswire-FirstCall/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: 900009), www.hartcourt.com, announced today that Dr. Wallace Ching, CEO of Hartcourt, will hold meetings in six (6) cities in the US and Europe to brief shareholders and interested investors on the Company's current operations and future plans.
The schedule will be as follows:
Sunday April 14, 2002 at 11 AM in San Francisco at Holiday Inn Airport,
275 S. Airport Blvd.
Tuesday April 16, 2002 at 7 PM in Los Angeles at Holiday Inn Airport
9901 La Cienega Blvd.
Thursday April 18, 2002 at 7 PM in New York City at Holiday Inn Midtown
440 West 57th St.
Saturday April 20, 2002 at 11 AM in Ft. Lauderdale at Holiday Inn
999 Ft. Lauderdale Beach
Sunday April 21, 2002 at 7 PM in Dallas at Holiday Inn Express
DFW Airport 309 State Hwy 114, West Grapevine
Tuesday April 23, 2002 at 7PM in Frankfurt, Germany at Holiday Inn
Express Airport Langener Strasse 20.
All shareholders and interested investors are welcome to attend the meeting. Meeting rooms at all sites have been confirmed with the exception of New York City, where confirmation is expected shortly. For further information, and to ensure reserved seats, please call Lexington at (604) 484-8286 or Email to: larry@lexingtonenterprises.com.
About Hartcourt Companies, Inc.
The Hartcourt Companies, Inc. is a holding and development enterprise that has built a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt's operative business strategy is designed to facilitate a series of venture spin-offs via IPO or public merger to fully realize the value of these assets for its investors. Detailed information on Hartcourt can be obtained via the company's Web site: www.hartcourt.com .
Forward-looking statements
The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
For more information ... please contact:
Larry Kristof
Lexington Enterprises Ltd.
Suite 204, 910 Richards Street
Vancouver, BC V6B 3C1
E: info@lexingtonenterprises.com
T: 604.484.8286
F: 604.484.8287
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X43784232
SOURCE The Hartcourt Companies, Inc.
CONTACT: Larry Kristof of Lexington Enterprises Ltd., +1-604-484-8286, fax +1-604-484-8287, info@lexingtonenterprises.com, for The Hartcourt Companies, Inc.
Jerome. . .LOL! I think that all of us need a "bagger" in this market. Gotta go. Will check back in about 5 years to see if the R/M ever settles. . .LOL.
Peace,
M&M Man
Hey mmayr, sounds like you need a bagger :)
You get any of those shares here under .025? I believe those would have a good shot, the ones I have at .07 might take a bit longer.
imho, Jerome
Hi Jerome,
The mere fact that no one can answer your question makes a statement in and of itself. Nobody really knows much about Sinobull. That's a part of the "big" problem. The only people that know much about Sinobull are HRCT shareholders. Hopefully, after the R/S and R/M take place (??) that bit of the equation will change. Still waiting.
Peace,
M&M Man
"Sinobull Financial Group develops financial technology, financial operating platforms and internet-based financial services.... Services include: real-time pricing, historical pricing,indicative data, analysis and electronic communications... Clients include China's investment institutions, commercial banks, government offices and agencies, corporations, and news/media organizations."
Does anyone know who the comparison might be to in terms of US-based corps? Seems to me like a 3rd party information service, like a Zacks, Morningstar, Barra are here in the US.
imho, Jerome
Chris.. . .and old "sales" friend of mine once said, "Any deal is worth '0' until it is signed and sealed." I look at what most of Sinobull's contacts are as little more than networking to popularize their forum. They have to be selling something in order to create revenue. I wish they would mention the "value" of some of the relationships they are making. This market has very little sympathy for anything without value. Perhaps we'll find something out this month as it pertains to the R/M and R/S. Then perhaps we'll get a quarterly report which will reveal to us some of the potential value behind these deals. I'm not holding my breath, however lol.
Peace,
M&M Man
And Now for the NEWS!
Financial Telecom Granted China Data Distributorship From Bank of China's Sino Information Services 24 Hour Data Service in High Demand From Investment Markets
LOS ANGELES, Apr 1, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Hartcourt
Companies, Inc. (OTC Bulletin Board: HRCT, Frankfurt: HCT 900009),
www.hartcourt.com , announced today that Sino Information Services Co. Ltd. --
the information and technical arm of the Bank of China Group ( www.icbc.com.cn/
), Hong Kong, has granted Financial Telecom Ltd. (FTL), ( www.fintel.com ), the
distributorship in mainland China for its real time quotation data feeds on
foreign exchange, precious metal, interest rates and related financial
information as quoted and traded by the Bank of China Group, available 24 hours
a day.
The Financial Telecom data feed services will include real time quotes, news,
indicators, charts, commentary, and expert analysis of all data and information
related to the Hong Kong Stock Exchange, Hong Kong Futures Exchange, and Foreign
Exchange Spot rates. Globally, approximately $1.5 trillion of foreign exchange
is currently traded daily.
Sinobull Financial Group has previously signed agreements with China's Bank of
Communications to develop a variety of financial products for the FX (foreign
exchange) trading markets, with Shanghai Net Bank to provide financial data and
reports, and a contract with Wise Spot to provide financial data services for
the Wise Spot network of mobile phones and wireless PDA's (See March 28, 2002
press release).
Mr. Stephen Tang, CEO of FTL comments, "This is an exciting opportunity for the
Sinobull Financial Group and Financial Telecom Ltd. to benefit from this agency
arrangement as the Bank of China quotes are accepted as an industry standard by
the investment markets in Hong Kong. The demand for reliable quotations and
information on these internationally traded instruments represents a large and
underserved market. The right to distribute this data will strengthen the
information content of our Sinobull Financial Network while also providing
revenues from the data feed distribution to institutional users in China."
Mr. Jiang Tai, President of Sinobull Financial Group, comments, "These
agreements, and the very positive response for Sinobull's Chinese version of
MetaStock, Sinobull Wireless PDA and Sinobull Data services at the recent
industry leading Securex Trade Show continue to add to our momentum in the
financial products and services sector. Sinobull's data feeds on commodities and
foreign exchanges continue to be the best in the financial industry, our data is
being used daily by multiple media sources, and our research reports are among
the most respected in the nation."
About Sinobull Financial Group
Sinobull Financial Group develops financial technology, financial operating
platforms and internet-based financial services. Sinobull's operating companies
include: Financial Telecom Ltd., Sinobull Information Company Ltd., Ton Bo
software, HCTV and Sinobull Magazine Ltd. Sinobull.com is a financial
information and stock trading website. Sinobull Financial Group and its
strategic partners provide news, data and analysis to the investment community
and media outlets. Services include: real-time pricing, historical pricing,
indicative data, analysis and electronic communications. Clients include China's
investment institutions, commercial banks, government offices and agencies,
corporations, and news/media organizations. For more details visit
www.sinobullfinancial.com .
Forward-looking statements
The statements made in this press release, which are not historical facts,
contain certain forward-looking statements concerning potential developments
affecting the business, prospects, financial condition and other aspects of the
company to which this release pertains. The actual results of the specific items
described in this release, and the company's operations generally, may differ
materially from what is projected in such forward-looking statements. Although
such statements are based upon the best judgments of management of the company
as of the date of this release, significant deviations in magnitude, timing and
other factors may result from business risks and uncertainties including,
without limitation, the company's dependence on third parties, general market
and economic conditions, technical factors, the availability of outside capital,
receipt of revenues and other factors, many of which are beyond the control of
the company. The company disclaims any obligation to update information
contained in any forward-looking statement.
For more information ... please contact:
Larry Kristof
Lexington Enterprises Ltd.
Suite 204, 910 Richards Street
Vancouver, BC V6B 3C1
E: info@lexingtonenterprises.com
T: 604.484.8286
F: 604.484.8287
cjp01, good question. One that's asked with almost every PR. I don't know if you are aware, but, we have a new investor relations firm here ---> http://www.lexingtonenterprises.com/ We're paying them some pretty good money, so, let's make them work for it. :~) Fire off your questions to Lexington and see what they come up with. Please post the response, I'm interested also.
cjp, we all want numbers, nothing is forthcoming, so it's probably not much.
imho, Jerome
mmayr...hi...does anyone know the anticipated value of these new contracts? It would be nice to get some estimates.
Chris
28 March 2002 - Hong Kong-based Financial Telecom (FTL), an operating company of Sinobull Financial Group, has won a contract with Shanghai Net Bank to provide financial data and reports for the bank's daily TV show.
The FTL data feed will include real time quotes, news, indicators, charts, commentary, and expert analysis of all data and information related to the Hong Kong Stock Exchange, Hong Kong Futures Exchange, and Foreign Exchange Spot rates.
FTL has signed an agreement with Wise Spot to provide similar services to mobile phone and PDA users over the company's wireless network.
Stephen Tang, CEO of FTL comments: "Shenzhen Cable TV Broadcasting and Wise Spot's wireless network represent the first, of what we anticipate will be many, additional long-term clients for our rapidly expanding Sinobull operations."
Related articles
26/03/02 - S&P signs market data distribution contract with Radianz
20/03/02 - Brief: Caplin and DataView stream market data analysis
13/03/02 - Caplin and TS-Associates forge market data alliance
08/03/02 - HKEx revises market data pricing
07/03/02 - Brief: S&P and Canadian Press launch market data feed
05/03/02 - Financial data standard gathers momentum
19/02/02 - Isma launches Internet market data service
14/02/02 - CME delivers streaming market data
M&M Man
Yea, if you want a good return here, you've got to be thinking a few years down the line. It will take that long before folks start playing the otc's for real again. IF this little company does real well, so will we!
imho, Jerome
We'll see, EZ. Looks like I-Man and a few others selected to invest in ETLK. I chose Sinobull for absolutely no other reason that I wanted to own shares in a company that covers the markets in China. I would think with a few years behind them, they will have a good reputation and can build a good client base. In this market, however, who knows?
Lets hope the upward trend continues for a day or two:).
Peace,
M&M Man
About Sinobull Financial Group
Sinobull Financial Group develops financial technology, financial operating platforms and internet-based financial services. Sinobull's operating companies include: Shanghai Sinobull Information Company Ltd. (formerly Shanghai Guo Mao Science &Technology Company Ltd.), Sinobull Network Technology Company Limited (formerly Beijing Shangdi Net Technologies Center Company Limited), Financial Telecom Ltd, Fintel Wireless Ltd., Ton Bo Software, HCTV Financial TV Channel Ltd. and Sinobull Magazine Ltd. Sinobull.com is a financial information and stock trading website. Sinobull Group and its strategic partners provide news, data and analysis to the business community and media outlets. Services include: real-time pricing, historical pricing, indicative data, analytics and electronic communications. Clients include China's investment institutions, commercial banks, government offices and agencies, corporations, and news/media organizations. www.sinobullfinancial.com
HRCT To Divest Subsidiary In Reverse Merger With GTCI
Ridgeland, MS, MAR 28, 2002 (EventX/Knobias.com via COMTEX) -- Hartcourt Companies Inc (OTCBB:HRCT) is trading flat in the session on light volume.
Global Telephone Communications Inc. (OTCBB:GTCI) is trading higher in the session on volume that is on pace to exceed its 20-day average daily share volume.
In a press release issued today, Hartcourt Companies, Inc. (OTCBB:HRCT) announced that it will publicly divest its Sinobull Financial Group subsidiary in a reverse merger with Global Telephone Communications Inc. (OTCBB:GTCI). According to the release, the reverse merger will result in Sinobull actively trading in the US equity markets.
Date/Time of Daily Brief: 03-28-2002 10:59 ET Company: GTCI - Global Telephone Communication Inc Stock Price @ Publication: $ 0.037 Volume @ Publication: 86,400
KNOBIAS DISCLAIMER: Knobias has received no compensation from the Company or Companies mentioned in this story. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC.
ABOUT KNOBIAS: Knobias is the first and largest information repository of Outside Market intelligence and covers thousands of publicly traded small & microcap companies. Knobias consolidates, analyzes and markets fundamental research data while providing real-time market monitoring and surveillance. Using proprietary surveillance, Knobias sifts through thousands of stocks daily reporting on breaking news and unusual trading. Daily Briefs are published in real-time to inform investors on the story "behind the story".
For more information, or to receive these stories in real-time, visit: www.knobias.com
CONTACT: Knobias.com, LLC
601-978-3399
601-978-3675
info@knobias.com
www.knobias.com
GTCI is coming off a bottom, it'll probably move up to above .50(.05 pre-split) as accumulation by those wanting these shares occurs. Beyond that, it's going to take solid numbers to move it, as well as anything in the OTC, as well as avoiding financing based on shareprice, otherwise we are doomed to further manipulation.
imho, Jerome
Real Time as of 03/28/2002 9:48am
GTCI GLOBAL TELEPHONE COMM INC
Last [Tick] 0.035[ + ]
Change 0.010
% Change 40.00%
Bid [Tick] 0.030 [ + ]
Ask 0.037
Open 0.030
Volume 72,400
Real Time as of 03/28/2002 9:31am
HRCT HARTCOURT COMPANIES INC
Last [Tick] 0.190[ + ]
Change 0.007
% Change 3.83%
Bid [Tick] 0.183 [ + ]
Ask 0.190
Open 0.190
Volume 10,000
(PR NEWSWIRE) Financial Telecom, a Hartcourt Subsidiary, to Provide Content F
Financial Telecom, a Hartcourt Subsidiary, to Provide Content For Shanghai Net
Bank's Cable TV Programs
FTL Also Signs Agreement to Provide Data for Mobile Phone Network
And Wireless PDA Of Wise Spot (HK)
LOS ANGELES, March 28 /PRNewswire-FirstCall/ -- The Hartcourt Companies,
Inc. (OTC Bulletin Board: HRCT; Frankfurt: 900009), www.hartcourt.com ,
announced today that its Hong Kong subsidiary, Financial Telecom Ltd. (FTL),
http://www.fintel.com , has signed an agreement to provide financial data and
reports to Shanghai Net Bank, Ltd. Shanghai Net Bank has a contract with
Shenzhen Cable Broadcasting & CATV to operate a daily show on financial
matters. FTL has also signed a contract with Wise Spot to provide similar
services for the Wise Spot network of mobile phones and wireless PDA.
The FTL data feed will include real time quotes, news, indicators, charts,
commentary, and expert analysis of all data and information related to the
Hong Kong Stock Exchange, Hong Kong Futures Exchange, and Foreign Exchange
Spot rates.
Mr. Stephen Tang, CEO of FTL comments, "Sinobull Financial Group continues
to develop its position as a premier financial information and service
provider for leading institutions and retail investors. Shenzhen Cable TV
Broadcasting and Wise Spot 's wireless network represent the first, of what we
anticipate will be many, additional long-term clients for our rapidly
expanding Sinobull operations."
Hartcourt has announced that it will publicly divest its Sinobull
Financial Group subsidiary in a reverse merger with Global Telephone
Communications Inc. (OTC Bulletin Board: GTCI). The reverse merger will
result in Sinobull Financial Group actively trading on the U.S. equity
markets.
For details on Sinobull Financial Group, please visit,
www.sinobullfinancial.com .
About Hartcourt
The Hartcourt Companies is a holding and development enterprise that has
built a broad network of Internet, media, and telecommunication companies in
Greater China. In partnership with leading Chinese entrepreneurs and
government-sponsored entities, Hartcourt is developing and investing in
emerging technologies while building an integrated commercial framework for
its subsidiaries and their partners. Hartcourt's operative business strategy
is designed to facilitate a series of venture divestitures via IPO or public
merger to fully realize the value of these assets for its investors. Detailed
information on Hartcourt can be obtained via the company's Web site:
www.hartcourt.com .
About Sinobull Financial Group
Sinobull Financial Group develops financial technology, financial
operating platforms and internet-based financial services. Sinobull's
operating companies include: Shanghai Sinobull Information Company Ltd.
(formerly Shanghai Guo Mao Science & Technology Company Ltd.), Sinobull
Network Technology Company Limited (formerly Beijing Shangdi Net Technologies
Center Company Limited), Financial Telecom Ltd, Fintel Wireless Ltd., Ton Bo
Software, HCTV Financial TV Channel Ltd. and Sinobull Magazine Ltd.
Sinobull.com is a financial information and stock trading website. Sinobull
Group and its strategic partners provide news, data and analysis to the
business community and media outlets. Services include: real-time pricing,
historical pricing, indicative data, analytics and electronic communications.
Clients include China's investment institutions, commercial banks, government
offices and agencies, corporations, and news/media organizations.
www.sinobullfinancial.com
Forward Looking Statement
The statements made in this press release, which are not historical facts,
contain certain forward-looking statements concerning potential developments
affecting the business, prospects, financial conditions and other aspects of
the company to which this release pertains. The actual results of the
specific items described in this release, and the company's operations
generally, may differ materially from what is projected in such
forward-looking statements. Although such statements are based upon the best
judgments of management of the company as of the date of this release,
significant deviations in magnitude, timing and other factors may result from
business risks and uncertainties including, without limitation, the company's
dependence on third parties, general market and economic conditions, technical
factors, the availability of outside capital, receipt of revenues and other
factors, many of which are beyond the control of the company. The company
disclaims any obligation to update information contained in any
forward-looking statement.
For more information ... please contact:
Larry Kristof
Lexington Enterprises Ltd.
Suite 204, 910 Richards Street
Vancouver, BC V6B 3C1
E: info@lexingtonenterprises.com
T: 604.484.8286
F: 604.484.8287
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X42550753
SOURCE The Hartcourt Companies, Inc.
-0- 03/28/2002
/CONTACT: Larry Kristof, Vice President of Lexington Enterprises Ltd.,
+1-604-484-8286, or fax, +1-604-484-8287, info@lexingtonenterprises.com/
/Web site: http://www.sinobullfinancial.com /
/Web site: http://www.fintel.com /
/Web site: http://www.hartcourt.com /
(HRCT GTCI)
CO: Hartcourt Companies, Inc.; Financial Telecom Ltd.; FTL; Shanghai Net
Bank, Ltd.; Shenzhen Cable Broadcasting; CATV; Global Telephone
Communications Inc.
ST: California, China
IN: FIN TVN TLS ENT OTC MLM STW ECM
SU: PDT TNM
*** end of story ***
imho, Jerome
myDD. . .
I have no idea about Sinobull's financial picture. To tell you the truth, I don't think Sinobull is anywhere near being able to report much of anything. It will probably be a while.
Peace,
M&M Man
Well we got a recent PR anyway. You have any idea about their financial picture? Is it pretty, or a so-so kind of gal?
imho, Jerome
Sino. . .where fort art thou? Me thinketh it may be a whilst before we here from thou!
!!!!!!
M&M Man
Good PR on friday, I'm looking forward to the RM completion, also to the financials.
imho, Jerome
Jerome ~ shareholders only approved in December....
now I'm not that good at math.....but, looks like
approx. 2 1/2 months to me. I think we'll see something
VERY definitive within the next 30 days...or so.
EZ
I'm thinking maybe we'll hear something on the finilization of the GTCI/Sinobull merger on the 10-K or at a date very near the filing of the 10-K. I wonder if the Enova shares from years past will evetually be converted to ETLK or Sinobull shares? I guess all one can do is "wonder" until it actually happens.
Peace,
M&M Man
patience grasshopper !! :)
HRCT News......................
Friday March 22, 12:00 am Eastern Time
Press Release
SOURCE: The Hartcourt Companies, Inc.
Hartcourt Subsidiary, Sinobull Financial Group, to Launch MetaStock and Sinobull Wireless Internet at Securex Show in Shanghai
LOS ANGELES, March 22 /PRNewswire-FirstCall/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: 900009), www.hartcourt.com, announced today that its subsidiary, Sinobull Financial Group, www.sinobullfinancial.com, will exhibit its products at the Securex show in Shanghai. Securex, http://luyan.sohu.com/securex/web/nae1.htm , is China's most popular financial products and services exhibition. Sinobull will use this occasion to showcase its newest products: MetaStock of Equis/Reuters and Sinobull Wireless Internet. Organizers expect over 80,000 investors to attend the show from Friday March 22 to Sunday March 24, 2002.
Sinobull Group has recently completed, and is now ready to market, the Chinese version of the MetaStock software, the world's leading technical analysis and charting software. MetaStock has won the Technical Analysis of Stocks and Commodities magazine's Reader's Choice award for analysis software the past 8 years running. Sinobull has converted the MetaStock software to localized language and programming to make it accessible to millions of Chinese investors demanding professional financial tools to manage their trading activity and portfolio positions. Sinobull Group is an exclusive Greater China distributor of MetaStock, appointed by Equis (www.equis.com), a wholly-owned subsidiary of Reuters (Nasdaq: RTRSY - news).
Sinobull Group will also introduce Sinobull Wireless Internet, a powerful wireless application using ``Streaming Mobile Application Real-Time Technology'' (SMART) to provide streaming, automatically updating, stock market information in real-time over wireless devices from mobile phones, pagers to PDA's. Through Java programs, SinoBull Wireless Internet updates stock market information automatically, anytime, anyplace, with the latest Hang Seng Index, stock quotes, FX quotes, transaction volumes and chart analysis.
Mr. Stephen Tang, CEO of Sinobull Financial Group, comments, ``Sinobull Financial Group continues to develop its position as a premier financial information and service provider for leading institutions and retail investors. These new products were created to meet the demand of China's investors for reliable, professional financial information, and equity and portfolio management software. Our launching of SinoBull Wireless Internet and the Chinese MetaStock software demonstrates our continuing commitment to develop innovative and market leading financial management services and technology.''
The Hartcourt Companies has announced that it will publicly divest its Sinobull Financial Group subsidiary in a reverse merger with Global Telephone Communications Inc. (OTC Bulletin Board: GTCI - news). The reverse merger will result in Sinobull Financial Group actively trading on the U.S. equity markets and is pending SEC approval.
About Sinobull Financial Group
Sinobull Financial Group develops financial technology, financial operating platforms and internet-based financial services. Sinobull's operating companies include: Shanghai Sinobull Information Company Ltd. (formerly Shanghai Guo Mao Science & Technology Company Ltd.), Sinobull Network Technology Company Limited (formerly Beijing Shangdi Net Technologies Center Company Limited), Financial Telecom Ltd, Fintel Wireless Ltd., Ton Bo Software, HCTV Financial TV Channel Ltd. and Sinobull Magazine Ltd. Sinobull.com is a financial information and stock trading website. Sinobull Group and its strategic partners provide news, data and analysis to the business community and media outlets. Services include: real-time pricing, historical pricing, indicative data, analytics and electronic communications. Clients include China's investment institutions, commercial banks, government offices and agencies, corporations, and news/media organizations. www.sinobullfinancial.com
Forward Looking Statement
The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial conditions and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company' operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
For more information ... please contact
Larry Kristof
Vice President
Lexington Enterprises Ltd.
Suite 204, 910 Richards Street
Vancouver, BC V6B 3C1
Email: info@lexingtonenterprises.com
Telephone: 604.484.8286
Fax: 604.484.8287
This is getting laboriously long in waiting. I wonder if nasd found something dirty here again, took a long time to get of the pinks, an 8-k for an RM doesn't take 6 months...
imho, Jerome
off the HRCT board:
Thursday March 21, 8:30 am Eastern Time
Press Release
SOURCE: Elephant Talk Communications, Inc.
ElephantTalk Signs Milestone Agreement With EADS Multicoms; EADS Multicoms Expands in Asia in Partnership With ElephantTalk
LOS ANGELES, March 21 /PRNewswire-FirstCall/ -- EADS Multicoms, a 100% subsidiary of EADS (EADS, NV), has joined forces with Elephant Talk Communications, Inc. (OTC Bulletin Board: ETLK - news), to accelerate its business development in Asia. EADS, the European Aeronautic Defense and Space company, is the European leader and number two worldwide in the aeronautics, defense and space fields, after Boeing. ElephantTalk is a subsidiary of the Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT - news).
Multicoms is an interconnect carrier operating circuit and packet switched voice solutions and services. The company operates hybrid and satellite long distance telecommunications, (license L 33-1), with its own long distance telephony network, providing solutions and services for interconnections with African, Asian, East European and Middle Eastern countries, and in difficult to reach destinations without access to fiber networks, fixed line, or standard wireless networks. More information about Multicoms can be obtained at www.multicoms.net .
ElephantTalk and EADS Multicoms have signed reciprocal carrier agreements to use each other's networks, and call termination agreements to terminate premium quality telephony traffic in China and other areas of Asia for Multicoms, and for ElephantTalk to terminate traffic in Europe and in difficult access areas serviced by Multicoms. Estimates for the Multicoms termination traffic are for 5-6 million minutes initially, with revenues surpassing $1 million annually. Estimates for other revenues resulting from the agreement will be forthcoming as services are initiated. The agreement is to take effect immediately.
Mr. Russelle K.P. Choi, the Chairman of ElephantTalk, explains that, ``This is a no overlap, a win-win partnership. ElephantTalk and Multicoms networks are totally complementary. To take advantage of Multicoms direct routes to 67 hard-to-reach destinations and European cell phone networks, will definitely result in significant increase in income for ElephantTalk. In addition, ElephantTalk can benefit from the stable direct routes of Multicoms and from pricing advantages and service quality management resulting from direct negotiation of interconnection and call termination agreements established by Multicoms with local PTOs.''
After opening its Main Point of Presence (MPoP) in New York last month, EADS Multicoms is now announcing the opening of its Asia MPoP in Hong Kong. This fourth MPoP will support Multicoms' business growth by collecting Asian telephony traffic. This commercial and technical event represents a significant milestone in Multicoms' ramp-up, since the Pacific area is experiencing a rising and sustained growth rate.
Multicoms will benefit from the direct interconnection with the ElephantTalk's telecommunications networks that have access to over 270 destinations worldwide. ``Accessing state-of-the-art telecommunications infrastructure in the Greater China region helps Multicoms to continue its fast growth pace while minimizing the investment since the company takes advantage of high quality available infrastructure,'' stated Mr. Gilles Deveau, Multicoms Chief Executive Officer. He further added, ``With the help of ElephantTalk's sales locations in the Asia Pacific region and their networks complementary geographical coverage ElephantTalk is perfect for Multicoms to extend its leverage and to access the Asian markets, while ElephantTalk will benefit with additional traffic and revenues.''
About ElephantTalk
Elephant Talk Communications, Inc. is a leading telecommunications company established in 1994, located and operated in Hong Kong with offices in Cerritos, CA. and Boston, MA. The company owns switching facilities in China, Hong Kong, U.S., Taiwan and Singapore. ElephantTalk operates international long distance services on both sides of the Pacific to over 220 foreign destinations. They enable telecommunications carriers and other service providers the ability to offer long distance voice, data, fax, and VoIP services to their end-customers, through an advanced and scaleable network. More information on ElephantTalk can be found at www.elephanttalk.com .
About Multicoms
Multicoms, an alternative international interconnect carrier, has a global presence and terminates traffic in more than 60 hard-to-reach locations. The company operates an end to end managed network that supports circuit and packet switch solutions designed for premium voice services. By negotiating Call Termination Agreements and interconnect directly with local PTOs, EADS Multicoms is able to guarantee its customers with 'last mile' quality of service and attractive pricing through dynamic and permanent price adjustments. The company has been selected by more than 20 major telecom operators including 5 incumbents and 4 tier ones. Multicoms is a fully owned subsidiary of European Aeronautics Defense and Space Company (EADS, NV), the European leader and number two worldwide in the Aeronautics, Defense and Space fields, just after Boeing. (http://www.eads.net ) (http://www.multicoms.net )
Forward-looking statements
The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial conditions and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company' operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
For more information, please contact Larry Kristof, Vice president of Lexington Enterprises ltd., Suite 204, 910 Richards Street, Vancouver, BC V6B 3C1, Email: info@lexingtonenterprises.com, Telephone: 604.484.8286, Fax: 604.484.8287
SOURCE: Elephant Talk Communications, Inc.
There a bunch of investors who owned GTCI that Wong and Kennedy stuck it too. Only 58% voted for the 10-1 reverse split a tremendous opportunity to be screwed. A new era generating increase valuation for GTCI stockholders what a laugh!
HRCT couldn't pay for an IPO for Sinobull so us old stockholders of GTCI are paying for it. Down $15,000
Like the good Doctor said you can't get best of the Chinese! There going to screw you one way or another!
I hope information on Sinobull.com/GTCI isn't as long in the making as Enova eom. :(
Peace. . .
M&M Man
Looking forward to that sort of coverage here with Sinobull.
imho, Jerome
good article posted by "design prof"(on RB) ---- tie it ALL together !! :)
http://www.cnet.com/internet/0-3762-8-9023085-1.html?tag=sd
===========================================================
Thursday March 14, 9:03 am Eastern Time
Press Release
SOURCE: Elephant Talk Communications, Inc.
ElephantTalk Announces Three Agreements for IP Services In Greater China Region
LOS ANGELES, March 14 /PRNewswire-FirstCall/ -- Elephant Talk Communications, Inc. (OTC Bulletin Board: ETLK - news) www.elephanttalk.com , today announced three new agreements with JiTong Network Communications, China Netcom Corporation, and Great Wall Broadband Network, to launch new Internet Protocol (IP) services in the Greater China Region, Taiwan and Hong Kong. ElephantTalk is a majority owned subsidiary of The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT, Frankfurt: HCT), www.hartcourt.com .
ElephantTalk has recently reached expanded reseller and cross branding agreements for Voice-Over-Internet-Protocol (VOIP) services with two of China's largest and most influential telecom operators, JiTong Network Communications Company Limited ( http://www.gb.com.cn ), and China Netcom Corporation Limited ( www.cnc.net.cn ). ElephantTalk plans to provide a full range of IP telephony services, including PC2phone, PC2fax and other IP-based valued added services to selected high demand locations in Greater China in phase one of the program.
ElephantTalk has also signed a letter of intent with Great Wall Broadband Network ( http://www.gwbnet.com ), a rising star spearheading the development of a comprehensive broadband network across the major cities of China. Great Wall and ElephantTalk will co-operate in the sales and marketing of the PC2Phone and PC2Fax services in targeting their customers who are subscribing to their broadband network services.
``ElephantTalk's proven record and established relationships with large carriers in the traditional International Direct Dial (IDD) market has provided us first mover status in capitalizing on these new opportunities,'' said Mr. Russelle Choi, President and CEO of ElephantTalk. ``The partnerships with JiTong, China Netcom and Great Wall Broadband will allow us to enter new markets, expand our networks, build our VOIP services, increase and diversify revenue, and strengthen our customer base.''
ElephantTalk will soon offer higher margin VOIP services to areas in Greater China where the demand for connectivity for calls to international destinations rank among the highest in the region. The services will initially target corporate customers. China's telecom sector is still mostly regulated -- thus competitive pressure hasn't lowered long distance charges as it has in the US -- the cost savings using VOIP compared to regular long distance can be as high as 50%-80%. ElephantTalk has installed packet- switched technology in its infrastructure and will route VOIP traffic through its privately managed IP networks.
Recently released reports:
-- Probe Research: Voice over IP (VOIP) traffic was responsible for a
record-setting 7.7 billion minutes in 2000, and the market is still in
its early stages. It is expected to grow dramatically, to 500 billion
minutes by 2005.
-- International Data Corporation (IDC): The PRC will render the highest
global growth in Internet telephony service revenue from 2002 onwards,
due to population size and the relative lack of basic telephony
services in the country. In addition, the research firm predicted that
Taiwan and Hong Kong, both relatively progressive telecom environments,
would produce substantial revenue growth from Non-PSTN market segments.
ElephantTalk is developing its strategies to capture market share in the expanding and untapped telecom markets of Greater China and Asia, and is striving to become a leading Internet Telephony Service Provider (ITSP), focused on the deployment of IP-based communications.
About ElephantTalk
Elephant Talk Communications, Inc. is a leading telecommunications company established in 1994 and is located and operated in Hong Kong with offices in Cerritos, California and Boston, Massachusetts. The company also owns switching facilities in China, Hong Kong, U.S., Taiwan and Singapore. ElephantTalk operates international long distance service on both sides of the Pacific to over 220 foreign destinations. They enable telecommunications carriers and other service providers the ability to offer long distance, voice, data, fax, and VOIP services to their end-customers, through an advanced and scaleable network. More information on ElephantTalk can be found at www.elephanttalk.com
About Hartcourt
The Hartcourt Companies is a holding and development enterprise building a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government- sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. More information on Hartcourt can be found at www.hartcourt.com .
The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward- looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward- looking statement.
For more information please contact: Norik Yaghoobian, Vice President of Lexington Enterprises Ltd., Suite 204, 910 Richards Street, Vancouver, BC - V6B 3C1, Email: info@lexingtonenterprises.com, Telephone: 604.484.8286, Fax: 604.484.8287.
SOURCE: Elephant Talk Communications, Inc.
Well, at least the volume is up today on GTCI. eom
M&M Man
Hartcourt and Elephant Talk Appoint Investor Relations Firm; Lexington Enterprises Ltd. Chosen to Represent Companies
PR Newswire - Tuesday, March 12, 2002
LOS ANGELES, March 12 /PRNewswire-FirstCall/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com , and Elephant Talk Communications, Inc. (OTC Bulletin Board: ETLK), www.ElephantTalk.com announced today that Lexington Enterprises Ltd., has been appointed as their official investors relation firm, and will be the companies formal channel for information dissemination and all investor inquiries.
Lexington Enterprises www.lexingtonenterprises.com is an Investor Relations and Public Relations firm headquartered in Vancouver, BC, Canada. They increase investor awareness, develop relationships with new investors, provide support for current shareholder's and create institutional and industry interest, throughout the US, Europe and Asia. Their IR programs are designed to build a strong, long-term shareholder base and achieve full stock valuation for their client companies.
Lexington's Vice President of Marketing, Ms. Lidija Brus, "Our mission is to provide the investment community with an accurate and attractive portrayal of The Hartcourt Companies and Elephant Talk's current businesses, and their significant growth potential in the Greater China and Asian markets. We create investor awareness and build shareholder value through a comprehensive range of services custom designed to meet each of our clients needs. Our entire team is looking forward to working for these two fine companies."
Hartcourt CEO, Dr. Wallace Ching, stated, "This is a first step in presenting our compelling story to the investing public. Lexington will strengthen our presence in the investment community, help us develop relationships with key capital decision makers, and solicit institutional coverage. Their services will create significant access to new investors for our companies, and provide our current shareholders a centralized presence for information dissemination and support. The Hartcourt Companies and Elephant Talk are entering new phases in their development and it is important that we have a professional Investor Relations team representing us. We look forward to working with Lexington Enterprises and their fine staff."
About Elephant Talk Communications, Inc.
Elephant Talk Communications Inc. is a leading telecommunications company established in 1994 and is located and operated in Hong Kong with offices in Boston, MA. It also owns switching facilities in China, Hong Kong, U.S., Taiwan and Singapore. Elephant Talk operates international long distance service on both sides of the Pacific to over 220 foreign destinations. They enable telecommunications carriers and other service providers the ability to offer long distance, voice, data, fax, and VOIP services to their end- customers, through an advanced and scaleable network. More information on Elephant Talk could be founded at www.ElephantTalk.com .
About Hartcourt Companies, Inc.
The Hartcourt Companies, Inc. is a holding and development enterprise that has built a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt's operative business strategy is designed to facilitate a series of venture spin-offs via IPO or public merger to fully realize the value of these assets for its investors. Detailed information on Hartcourt can be obtained via the company's Web site: www.hartcourt.com .
Forward-looking statements
The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward- looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward- looking statement.
For more information please contact: Norik Yaghoobian Vice President Lexington Enterprises Ltd. Suite 204, 910 Richards Street Vancouver, BC V6B 3C1 Email: info@lexingtonenterprises.com Tel: +1-604-484-8286 Fax: +1-604-484-8287 www.lexingtonenterprises.com MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X18121052
SOURCE The Hartcourt Companies, Inc.; Elephant Talk Communications, Inc.
/CONTACT: Norik Yaghoobian, Vice President of Lexington Enterprises Ltd. +1-604-484-8286, or fax, +1-604-484-8287, info@lexingtonenterprises.com, for The Hartcourt Companies, Inc. and Elephant Talk Communications, Inc./
/Web site: http://www.lexingtonenterprises.com /
/Web site: http://www.ElephantTalk.com
http://www.hartcourt.com /
(HRCT ETLK)
EZ. . .Just two more weeks!! ;) NOT!
Peace,
M&M Man
Mark - up on open !! :) Sounds like R/S-R/M will be
towards latter part of March --------
Real Time as of 03/11/2002 9:46am
GTCI GLOBAL TELEPHONE COMM INC
Last [Tick] 0.024[ + ]
Change 0.003
% Change 14.29%
Bid [Tick] 0.021 [ - ]
Ask 0.024
Open 0.024
Volume 20,000
Lessons to learn . . .again. . .>>>>>>>>>>
10 Rules For Technology Investing
As 2002 draws on and reshapes the stock market with its own quirks (Enron, for one), then we look again at the core principles that helped us find winners in 2001 and bring out some of the top companies for now and the future.
The markets today undergo a valuation argument daily, sellers selling today's earnings and buyers buying tomorrow's. Both are right.
No two investors need the same portfolio. A younger recent college grad will have a different portfolio mix than a retired executive.
As a backdrop to investing, it's important to use asset allocation among different types of investments and different risks. Bonds, stocks, real estate, savings, cash. For example, blue chips with slow growth but steady earnings and upstarts with high growth and unpredictable earnings.
But across all the categories, we've found these 10 'rules' to be a good starting point.
1. Earnings matter. Don't pay for promises, pay for actual earnings. Things change too fast to pay for next year's performances. If a company lacks earnings it's higher risk. If higher risk then debate whether or not you're comfortable with that but limit the exposure to higher risk by making it a small part of your overall investment strategy.
2. Don't be wowed with the technology, be wowed with the business model, management team, marketshare, technology and most of all, cash flow and earnings. The best technology doesn't always win. Xerox PARC developed most of the key improvements for PCs and networks but yielded none of the benefit directly to Xerox the company. Look for technologies that companies need to make business more efficient (less cost), to replace outdated methods, to streamline operations, that fix a problem. 'Need to have' technologies, not 'nice to have' technologies.
3. Forget the peaks, study the valleys. Just because a stock is 50% off its high doesn't mean it's a bargain. Don't believe the newspaper headline. As investors we learn more from mistakes sometimes than success. Study a company's ups and downs and economic cycles -- and what is it's price to earnings, P/E, not how far has it fallen from its 52-week high. How far is it off a low and is the low in line with a 'reasonable' valuation? Reasonable being 10x to 30x earnings depending on the growth rate.
4. Listen to what the executives say, but more importantly, listen to what customers say. Look at inventory pile up or order backlog.
5. Learn the difference between 'betting' and 'investing.' Most investors know this by now. If you have to ask then it's betting, no different than playing the slots in Vegas.
6. Diversify investments. Stocks. Bonds. T-Bills. Real estate. In stocks limit exposure to high risk. Examine low, medium and high risk stocks and know why you own any one of them. Know what the company does and how economic cycles help or hurt the company.
7. Cash. How much does the tech company have? Can it pay the bills for several years without selling equity or debt? Does it have a cash-flow positive business? Earnings to sustain itself? How much cash is on hand? Working capital? Debt? (Debt killed Global Crossing and Enron).
8. Stock options. Many tech companies issue stock options and it may dilute the shares outstanding (and earnings) dramatically. Typically 25% to 30% of tech companies are owned by employees. They all want to convert their options to cash some day. Priceline (NASDAQ:PCLN) had tons of options issued to airlines.
9. Establish buying and selling discipline. Always employ a stop-loss to limit your downside. Typical is making it 20% from the cost of the shares or the closing price if the stock climbs. On selling, if the stock has risen a set percentage -- whatever you're comfortable with -- sell some or all. Take profits. You may miss more climb but at least you have limited downside. Or if management shuffles happen quick or earnings fall short, consider selling.
10. Never get emotionally attached to a stock. Love the company's cash flow or earnings but not the stock. There's nothing magical about a ticker symbol. Just because you made x% on a stock last year doesn't mean it's still a great stock or will continue to rise. Technology changes. Some companies can make the change and others don't. Take profits, buy your significant other some flowers or chocolate. Smell the flowers, eat the chocolate. And repeat rules 1 through 10 as needed.
M&M Man
MBR. . .
Oddly, I find it runs in direct opposition to the stock market LOL! Stock market goes up. . .blood pressure goes down. Stock market goes down. . .blood pressure goes up. It's the wierdest damned thing I've ever seen! LOL! Well, actually, there are wierder things. Like. . .Sinobull?
Peace:)
M&M Man
UPI News Release:
Wong and Kennedy announce that they secured official license from the Chinese State Government to provide
ginuine Chinese egg rolls all over the world.
Terry Wong stated that he was please that the State had chosed his hew company Global Egg Rolls Are Us as the
official company to market egg rolls all over the world. Wong stated that the new company would be open for business
just as soon as he and Kennedy could sell their 2.9 million shares from the shell project GTCI to Chinabull.
I have always wanted to be in the egg roll business as other things just haven't worked out for me Wong said. Our new web site Global Egg Rolls Are Us should be up and running on April 1, 2002. We expect an imediate profit by the end of the first quarter as the cabbage that will used is grown in Mexico where temperature is warm all year round. This will help increase shareholders value said Wong.
Safe Harbour agreement pretains to this statement. If it don't work I'll be damn! I don't live in America.
myDD. . .
Can anyone say, "Washout?" eom
Peace,
M&M Man
Mark! ................
How's the blood pressure? :~)
I was expecting same.....but, I've never seen anything
filed but that "preliminary" info w/ 3-6 date mentioned.
If I find anything, I'll post it.
> nothing here this morning:
http://www.otcbb.com/dailylist/history/bbdl_03062002.stm
EZ
I take it that March 6th didn't happen, the 7th?
imho, Jerome
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