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I am liking the way the Markets are reacting; overcoming weak starts for several days now. Oh, I best keep my mouth shut!
andi, Thanks for the info! eom
OT: MSTR continues to climb.
Can anyone confirm these Germany increases and supply volume? TIA
Frankfurt + 28% Berlin + 80% Hamburg + 60%
OT: Sorry, But Had To Share This One! I knew Miller Would Be Better Once They Removed Him From Monday Night Football...
Dennis Miller said recently, regarding the judges who declared the
Pledge
of Allegiance unconstitutional: "So, Your Honor, the Pledge is
unconstitutional because it says 'Under God'. Guess that means when you
were sworn in with your hand on a Bible, and at the end of your oath
repeated, 'So Help Me God' that makes your job unconstitutional,
therefore
you have no job, which means your ruling doesn't mean shit."
OT: EZ, not too sure, but believe it has something to do with you putting it on the " Watch List!" lol Will see what I can find out and will get back to you. Enjoy the weekend.
OT: EZ, YEA, isn't it GREAT !!!!
HRCT, lets bounce and close at 0.10.
Nice to see significant POSITIVE movement...
OT: andi - better tone it down...you're gonna give yourself a stroke!
OT: Anybody watching MSTR the last few days?
Morning only? Feels like I have been up for hours! lol
Looking more positive...
http://biz.yahoo.com/cbsm-top/021018/d59b2287a28019639006e43d11cbf3fe_1.html
Markets are very skittish. Need to see a positive turn around by end of day to give even a morsel of credibility to this week's stronger days.
Ok, ok, I'm here! Been waiting on line so long for this, that I have moss growing on my feet!
OT: A LITTLE HUMOR FOR A GOOD MARKET DAY:
Subject: Chit-Chat on a Plane
A man boarded an airplane and took his seat. As he settled in, he
glanced up and saw a very beautiful woman boarding the plane. He soon
realized she was heading straight towards his seat. Lo and behold, she
took the seat right beside his.
Eager to strike up a conversation, he blurted out, "Business trip or
vacation?"
She turned, smiled and said, "Business. I'm going to the Annual
Nymphomaniac Convention in Chicago."
He swallowed hard. Here was the most gorgeous woman he had ever seen
sitting next to him and she was going to a meeting for nymphomaniacs!
Struggling to maintain his composure, he calmly asked, "What's your
business role at this convention?"
"Lecturer," she responded. "I use my experience to debunk some of the
popular myths about sexuality."
"Really, " he said, "what myths are those?"
"Well," she explained, "one popular myth is that American men are the
most well endowed when, in fact, it's the Native American Indian who is
most likely to possess that trait. Another popular myth is that French
men are the best lovers, when actually it is the men of Jewish descent.
We have, however, found that the best potential lover in all categories
is the Southern red neck."
Suddenly the woman became a little uncomfortable and blushed."I'm
sorry," she said, "I shouldn't really be discussing this with you. I
don't even know your name."
"Tonto," the man said, "Tonto Goldstein. But my friends call me Bubba."
2nd Period...Rangers 3 Buffalo 2
Okay, so we were able to recover what was given back yesterday.
Let us see what happens tomorrow. Would like to believe that the current earnings reports are laying the foundation for the long awaited rebound.
Rangers in Buffalo tonight. Usually a good game!
TFN - What are you, one of those reality oriented people? Can't you just tell me things will be alright? Geez, man, have a heart! lol
It will be interesting to watch how the next few days play out.
Will the pps be ' maintained ' by the forces that be or will we see some late day increases...that is assuming that volume
picks up before the deadline!
EZ - What's a " PROFIT?"
Would be nice to recoup what the Markets gave back yesterday. Then again, it would be nice to recover what was lost during the last 3 years!
tempaussie - Do not follow basketball. Currently college football ( Hurricanes ) and NY Rangers' hockey have my attention.
Tin - I do not necessarily believe that the company has played
games with us. The point I was attempting to make with T-Stud was that, IMO, his time would be better spent questioning the company's constant changes in direction and in officers, etc. then accusing fellow shareholders of manipulations. He makes unsubstantiated remarks which need responding to. I realize that he has invested heavily here, but accusing people of dumping shares every time the pps drops is ridiculous. It is more likely the result of unfulfilled expectations. In fact, I now own 15x the number of shares than I did in 1999!
This was my question:
Q. It has been stated that HRCT is in the process of consolidating in order to become more viable and, hopefully, focused. What is the anticipated time frame and when might shareholders know just what direction the company is taking?
R. The process of disposing unprofitable assets and replace them with one big acquisition should be completed by year-end. The financial results should start to show up in our Q1 of 2003 report.
T-Stud, still waiting for your explanation that we both know will never come. As for the " SOUR GRAPES " comment, I guess you need to believe that anyone who expresses concern about the company's repeated failure to actualize on stated objectives is a member of a basher sleeper cell. So be it.
Tin - I was not the one complaining about the buying or selling of HRCT, it was your buddy, T-Stud, who B/T/W, thanks you for the rescue. Also, FYI, I believe Question # 6 on the last Q&A was mine. Thanks for asking!
ALOHA
T-Stud, more diversion. How unusual for you. No time to answer a direct question, which was triggered by your original post, but all the time to cast insinuations against a fellow shareholder who has the audacity to question management. I must say, if there has been any game playing, it might very well have been with us LONG term shareholders! IMO, If you weren't in so deep ( on several levels ), you just might be capable of objectivity!
T-Stud, why not just answer my question instead of diversion? Is it because your previous post ( # 14528 ) was, in fact, meaningless? Talk about being funny...lol
Please elaborate. Most here, myself included, are receptive to enlightenment!
China's economy surges ahead as growth hits 7.9 percent
(October 16,2002 )(Agencies)
China's economy grew 7.9 percent in the first nine months of 2002, driven by strong exports as well as a continued policy of massive state spending, the government announced on Wednesday.
Growth rose to 8.1 percent year-on-year for the third quarter alone, all-but guaranteeing Asia's second-largest economy will easily exceed its stated 7.0 percent growth figure for the year as a whole.
Despite a tricky global economic situation, China's already swift economic growth has accelerated throughout the year, from 7.6 percent and 8.0 in the first and second quarters respectively.
However the statistics, release by the National Bureau of Statistics, revealed that already vast government spending to stoke economic demand most likely increased still further in the third quarter.
There was a 21.8 percent increase in fixed asset investment in January to September 2002 over the same period last year, the Bureau's deputy director Qiu Xiaohua announced.
Qiu acknowledged the role played by these expansionary measures. "The state policies of expanding domestic demand and market demand have become the two major driving forces of economic development," he told reporters.
The growth was also fuelled by surging exports, which grew 19.4 percent in the first three-quarters, well up on the 14.1 percent of the first six months.
However China's economy faces continued deflationary pressure, with consumer prices falling 0.8 percent nationwide over the first nine months of the year compared to the same period of 2001.
Other figures announced included year-on-year increases of 12.2 percent for industrial production and 8.7 percent for retail sales over the nine months.
TOTALLY OT: Anybody see that FS vs. U of M game on Saturday? Talk about choking! What's that make, like 4 or 5 game winning field goals FS has missed against Miami in the past few years? Glad that I only got to watch the last Quarter; Miami's best!
OT: Here is another risky company I own doing business in China:
http://biz.yahoo.com/bw/021015/150184_1.html
Press Release Source: Calypte Biomedical Corporation
Calypte Receives First Commercial Order in China With New Distributor
Order for 100,000 Tests to Ship in Fourth Quarter 2002
Tuesday October 15, 7:04 am ET
ALAMEDA, Calif.--(BUSINESS WIRE)--Oct. 15, 2002--Calypte Biomedical Corporation (OTCBB:CALY - News), the developer and marketer of the only two FDA approved HIV-1 antibody tests for use with urine samples, announced that it has received its first commercial order from its new Chinese distributor for the Urine HIV-1 EIA. Calypte has signed an exclusive two-year distribution agreement with Zhong Yang Pute Co. ("ZYPute"), a distributor of medical products in China.
ADVERTISEMENT
The agreement calls for minimum purchase orders of Calypte's products, which are expected to add at least $3 million in revenue over the next two years. The company will begin manufacturing the first order of over 100,000 tests imminently, with shipping expected to occur in the fourth quarter. The agreement is automatically extendable for an additional two years contingent upon the distributor's performance and new minimum purchases will be negotiated at that time.
The agreement gives exclusive rights to distribute the Urine HIV-1 EIA and Urine HIV-1 Western Blot tests to specific market segments within 20 of the 31 Chinese provinces and to the military nationwide, along with non-exclusive distribution rights for the Serum HIV-1 Western Blot tests in the same territories. Calypte's Urine EIA test has been approved for distribution by the Chinese State Drug Administration (SDA) to customers that do not require lot release testing.
"Traditional blood testing is expensive, difficult to handle, poses potential risk hazards and can be culturally unacceptable in some parts of the world," stated Anthony Cataldo, executive chairman of Calypte. "Our tests provide a safe, non-invasive and cost-effective alternative with none of the risks associated with blood testing. The agreement with ZYPute is another example of Calypte's execution of acheivement milestones. We expect our products to play a major role in China's fight against HIV/AIDS. The agreement does not include our revolutionary Rapid Urine Test, which is anticipated to have a much larger market in China and the rest of the world than the current EIA."
According to a recent report by the United Nations, China could have more than 10 million HIV cases by 2010. China's health ministry has confirmed over one million cases and a 16% year-over-year increase in the number of people infected. China is now estimated to have Asia's fourth largest number of people infected with HIV/AIDS. Dr. Luc Montagnier, co-discoverer of HIV-1 and consultant to Calypte, visited with the Chinese government in August 2002 to discuss the increase in the need for continued mass screening for HIV. During the visit, he demonstrated the advantages of urine-based screening and promoted the Calypte product.
Nancy Katz, president and CEO of Calypte, stated, "We have been focused on gaining access to the Chinese market and securing distribution through a commercial distributor. Our choice in ZYPute stemmed from their steadfast belief that the minimum purchase requirements will be exceeded over the term of the agreement. Calypte stands to gain sizeable volume orders from this relationship and we look forward to a long and productive relationship with ZYPute. "
Katz added, "Already ZYPute has identified commercial applications for our Urine HIV EIA with the current level of SDA approval. We continue to pursue approval by the Biologics division of the SDA by early 2003, which will enable Calypte to sell tests to those customers that do require specific lot testing."
About Zhong Yang Bio-Medi-Tech (ZYPute):
ZYPute was previously one of 17 affiliates organized under the corporate umbrella of Beijing Pharmaceutical Co., a conglomerate with US$70 million in assets, and 3 publicly traded companies. ZYPute merged with HuaXin International Economic & Trade Co. Ltd., a company owned and operated by the Ministry of Foreign Trade and Economic Cooperation. Together, the companies have established 3 regional offices that will manage a network of 10 experienced sub-distributors, operating in 20 provinces. The union of the two companies gives ZYPute exceptional insight into the procurement processes of several markets in China that Calypte believes to be important consumers of HIV testing products, and the ability to communicate with policy-makers at levels that are normally not accessible to regional sub-distributors.
Although ZYPute was initially established as a distributor of aircraft supplies, primarily to the military, the company is now focused exclusively in the medical field. Its core medical business includes a range of hospital products in the field of infant nutrition.
About Calypte Biomedical:
Calypte Biomedical Corporation headquartered in Alameda, California, is a public healthcare company dedicated to the development and commercialization of urine-based diagnostic products and services for Human Immunodeficiency Virus Type 1 (HIV-1), sexually transmitted diseases and other infectious diseases. Calypte's tests include the screening EIA and supplemental Western Blot tests, the only two FDA-approved HIV-1 antibody tests that can be used on urine samples. When compared with existing blood-based tests, our testing algorithms are non-invasive, easier to use, less expensive and have significantly less risk than blood-based testing, and they have 99.7% sensitivity in subjects previously identified as HIV-1 infected and 100% specificity in subjects at low risk when combined with the urine-based Western Blot supplemental test. The company believes that accurate, non-invasive urine-based testing methods for HIV and other infectious diseases may make important contributions to public health by helping to foster an environment in which testing may be done safely, economically, and painlessly. Calypte markets its products in countries worldwide through international distributors and strategic partners.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our product and testing service in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended December 31, 2001 and its subsequent filings with the SEC.
--------------------------------------------------------------------------------
Contact:
Calypte Biomedical Corporation
Richard VanMaanen, 510/749-5153
(Director Intl Business Development)
email:dvanmaanen@calypte.com
or
Investor Relations Contact:
Lippert/Heilshorn & Associates
Brendan Lahiff/Kirsten Chapman, 415/433-3777
email:brendan@lhai-sf.com
EZ2 - As you may know, I have attended SHMs in the past. That is where Chris and I met. However, at this point, until HRCT demonstrates something significant, I am not prepared to invest anymore free time and/or money to the cause.I trust you understand.
andi - I continue to marvel at the positiveness you and several others display, but I have a few questions/statements on your last post.
- We have all believed in Dr. Phan, but HRCT's record does not reflect much of what we were told/promised. Ironically, the Doc did state that he has no control over the pps, so here he was accurate. What is it that allows you to continue ' believing '
in the absence of actualization of most predictions?
- The promise of a big American company and other investment agencies as been stated for years. Please, oh please, tell us the name of at least one company/agency that is sitting on the sidelines and waiting.
- Why doesn't HRCT ( Dr. Phan ) communicate with ALL SHAREHOLDERS as he did in the past? IMO, information has been obtained by a select few via private communiques. This does not make for a trusting atmosphere.
Just hoping that you can provide ALL of US with something concrete to be optimistic about...TIA
OT: Okay, MBR, have your fun at my expense, but at least I know sex involves more than one person! Going solo doesn't qualify you as a Romeo! lol
olddog - that is one dream I would like to share!
OT: wwwilly, I can fully understand your excitement over the unbelievable fact that the " TWINS " have made it this far, but I think this thread should not be used for the discussion of baseball...at least not until next season! I believe that I-MAN might concur. LOL
OT: wwwilly, so sorry, but no can do! I am now officially indifferent about this year's World Series. Time to turn to hockey ( forget the Giants and Jets ) with the season about to begin.
Well, if all else is lost, at least New York still has the Radio City Rockettes! I-Man, I know what you're thinking, don't even go there! lol
OT: This is why there is so much tension and anxiety in today's world; nothing is as it should be!
OT: Well, it's a good thing that we have the playoffs or there would have been nothing to discuss. However, I am concerned that I-Man, wwwilly, and the others will have yet another reason for disappointment and frustration when their respective teams are eliminated! LOL
OT: WOW, I-Man used " lucky " in reference to the D-Backs winning. Sure glad I replaced my printer...that post is getting laminated! lol