TEVA 41% increase in net income

JERUSALEM, Jul 25, 2001 (BUSINESS WIRE) -- Teva Pharmaceutical Industries Ltd. today reported net income for the second quarter ended June 30, 2001 of $64 million or $0.47 per share fully diluted, an increase over last year of 41% and 38%, respectively(a).

North American sales accounted for 63% of total second quarter sales of $514 million, Europe for 21%, Israel for 12%, with sales in the rest of the world accounting for 4%.

Net income for the six months ended June 30, 2001 reached $ 119 million or $0.87 per ADR, fully diluted, an increase of 47% and 38%, respectively(a). Total sales for the six months amounted to $ 1 billion, up 29%.

Israel Makov, Teva's Chief Operating Officer stated: "We are very pleased to report results that marked another period of robust growth at Teva. These results validate our strategy of pursuing leadership in the generic industry through the introduction and execution of well-planned activities that are having a positive impact on our sales and overall profitability."

Mr. Makov added, "We are especially proud of developments in our revenue mix, which saw this quarter's 16% increase in sales driven not only by Copaxone(R) but also by increased sales of our existing generic products."

At the end of the quarter Teva entered into a strategic alliance with Impax Laboratories, Inc. for the development and marketing of 12 controlled release generic products. As a result, Teva's generic pipeline currently includes 56 products (including 5 from Impax) of which 14 are tentative approvals. Total annual branded sales of this pipeline are estimated at approximately $20 billion.

Pharmaceutical sales in North America continue to be the main revenue driver, totaling $287 million in the second quarter. During the quarter Teva launched 2 products and received tentative and final approvals from the FDA for five products. Six internally-developed ANDA's were submitted during the quarter.

In-market global sales of Copaxone(R) continued to grow at more than twice the market rate and amounted to a record $91 million, up 54% from the comparable quarter in 2000 and up 24% from Q1/2001. North America accounted for 84% of Copaxone(R) sales.

Subsequent to the end of the quarter Teva announced FDA approval of enhanced labelling for Copaxone(R) to reflect the positive results of a large multicenter double-blind, placebo-controlled MRI study that showed a significant reduction in MRI monitored activity and burden of disease in patients with Relapsing Remitting Multiple Sclerosis. Meanwhile, the registration of Copaxone(R) in Europe, under the Mutual Recognition Procedure, is expected to be completed later this year.

Teva's overall gross margin for the quarter at 39.9% grew from 37.9% in the comparable quarter, an improvement also over the average of calendar 2000 (39.5%). Cash flow generated from operations in the reported quarter, amounted to $70 million compared with $166 million generated during all of calendar 2000.

Subsequent to the end of the quarter, Teva reached an agreement with Mayne Nickless Limited, one of Australia's largest healthcare companies, regarding Mayne's offer for F.H. Faulding & Co. Ltd., an Australian healthcare and pharmaceutical company. Under this agreement, if Mayne is successful in its pending tender offer for Faulding shares, Teva will have an exclusive opportunity to purchase Faulding's global injectables business for $365 million.

"We are excited about our very strategic agreement to acquire Faulding's injectable business which will expand our generic business into additional areas. We expect the acquisition to contribute to our long term growth by firmly establishing Teva as a leader in generic injectables as well as positively impacting our existing generic lines," concluded Eli Hurvitz, President and Chief Executive Officer.

It has been recommended that the Board of Directors at their meeting on August 13, 2001 declare a regular cash dividend of NIS 0.27 (approx. 6.4 cents) per ADR with respect to the second quarter of 2001.

Teva Pharmaceutical Industries Ltd., headquartered in Israel, is among the top 40 pharmaceutical companies and among the largest generic pharmaceutical companies in the world. Over 85% of Teva's sales are outside Israel, mainly in North America and Europe. The Company develops, manufactures and markets generic branded human pharmaceuticals and active pharmaceutical ingredients.

Safe Harbor Statement - under the U.S. Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which express the beliefs and expectations of management. Such statements are based on current plans, estimates and expectations and involve a number of known and unknown risks and uncertainties that could cause the Company's future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include the impact of pharmaceutical industry regulation, the difficulty of predicting FDA and other regulatory authority approvals, the regulatory environment and changes in the health policies and structure of various countries, acceptance and demand for new pharmaceutical products and new therapies, the impact of competitive products and pricing, the availability and pricing of ingredients used in the manufacture of pharmaceutical products, uncertainties regarding market acceptance of innovative products newly launched, currently being sold or in development, the impact of restructuring of clients, reliance on a strategy of acquiring companies and on strategic alliances, exposure to product liability claims, dependence on patent and other protections for our innovative products, fluctuations in currency, exchange and interest rates, operating results, and other factors that are discussed in the Company's Annual Report on Form 20-F and the Company's other filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. (a) Excluding one time charges in 2000 of $35.7 million with respect to in-process R&D. A Teva Pharmaceutical Industries Limited Consolidated Statements of Income (in thousands, except earnings per ADR ) (unaudited) April - June January - June 2001 2000 2001 2000 U.S. Dollars SALES 513,590 443,997 1,004,518 781,331 COST OF SALES 308,845 275,721 602,810 475,472 GROSS PROFIT 204,745 168,276 401,708 305,859 R&D EXPENSES 39,668 30,130 78,254 52,387 LESS GRANTS & PARTICIPATIONS 12,550 3,838 23,138 6,172 R&D EXPENSES - net 27,118 26,292 55,116 46,215 SG&A EXPENSES 90,777 73,145 180,838 134,807 86,850 68,839 165,754 124,837 ACQUISITION OF R&D IN PROCESS - 35,697 - 35,697 OPERATING INCOME 86,850 33,142 165,754 89,140 FINANCIAL EXPENSES - net 7,837 13,771 16,593 25,136 OTHER INCOME - net 2,013 3,181 4,077 7,351 INCOME BEFORE TAXES 81,026 22,552 153,238 71,355 PROVISION FOR INCOME TAXES 16,466 12,349 33,321 26,217 64,560 10,203 119,917 45,138 PROFITS (LOSSES) ON EQUITY INVESTMENTS 192 418 (41) 659 MINORITY INTERESTS (304) (547) (676) (647) NET INCOME 64,448 10,074 119,200 45,150 EARNINGS PER ADR: Basic ($) 0.49 0.08 0.90 0.36 Diluted ($) 0.47 0.08 0.87 0.35 ---------------------------------------------------------------------- NET ADJUSTED INCOME BEFORE DEDUCTING NON-RECURRING EXPENSES: NET INCOME 64,448 45,771 119,200 80,847 EARNINGS PER ADR: Basic ($) 0.49 0.35 0.90 0.64 Diluted ($) 0.47 0.34 0.87 0.63 ---------------------------------------------------------------------- WEIGHTED AVERAGE NUMBER OF ADRs: Basic 132,198 130,902 132,179 126,987 Diluted 140,296 132,790 140,312 128,081 A Teva Pharmaceutical Industries Limited Balance Sheet Data (in thousands) (unaudited) June 30 December 31 --------------------- --------------------- 2001 2000 U.S. Dollars ASSETS CURRENT ASSETS 1,608,136 1,608,846 INVESTMENTS & OTHER ASSETS 101,972 100,054 FIXED ASSETS - net 535,272 534,140 INTANGIBLE ASSETS - net 599,364 612,578 TOTAL ASSETS 2,844,744 2,855,618 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES 702,721 783,755 LONG-TERM LIABILITIES 339,409 368,880 MINORITY INTERESTS 2,267 1,637 CONVERTIBLE SENIOR DEBENTURES 550,000 550,000 SHAREHOLDERS' EQUITY 1,250,347 1,151,346 TOTAL LIABILITIES & SHAREHOLDERS' EQUITY 2,844,744 2,855,618 CONTACT: Teva Pharmaceutical Industries Ltd. Dan Suesskind, Chief Financial Officer, 972-2-589-2840 or Teva North America Bill Fletcher, President and CEO, 215/591-3000 or Teva Pharmaceutical Industries Ltd. Dorit Meltzer, Director,Investor Relations,972-3-926-7554 Web Site: www.tevapharm.com URL: http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.

Copyright (C) 2001 Business Wire. All rights reserved.

http://www.clearstation.com/cgi-bin/bbs?post_id=2445981&Refer=/cgi-bin/drill_open_positions%3FEv...

"Your post is a classic example of what I have said about you -- you distort everything I say."

Guess who that was written to...

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16121735

"presumptuous, personally insulting, superficial and dead wrong"

Guess who that was written about.

To:mmmary who wrote (3938)
From: mst2000 Monday, Jul 23, 2001 11:35 PM
View Replies (1) / Respond to of 3950

Heavy.
You know nothing about my last 4 years, my family, my practice, my friends, my hobbies or anything else about me except the contents of a few of the messages I have posted on internet message boards (which you have completely distorted, repeatedly). Yet you think you are fit to comment about me and my family and the things that are a part of my life as if you know anything about me. Totally consistent with your commentary on Ashton - presumptuous, personally insulting, superficial and dead wrong.

Amusing indeed.

MST

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16118021

Today's Candlestick
by: HojichaMan (41/M/Philadelphia, PA) 07/24/01 04:39 pm
Msg: 126273 of 126364

FWIW, today's candlestick was a hammer, which is a reversal signal. In other words, a potential indication of a market bottom. I agree with al gore that much higher volume would be needed to feel very confident about a bottom, but this is the first pronounced candlestick formation we've seen in months on this stock, so I thought I'd share it. Based on previous experience with candlesticks on this stock, I'd anticipate seeing a 2-3 day up period now. Not a clear enough signal to anticpate up or down beyond that short time frame.

Hoji


http://messages.yahoo.com/bbs?.mm=FN&action=m&board=4687979&tid=astn&sid=4687979&...

Is this the bottom?

Note: Day closed at .76 and volume was 153,000

Let's go let's go let's go!!!
by: HojichaMan (41/M/Philadelphia, PA) 07/24/01 03:19 pm
Msg: 126229 of 126364

We need either:

(1) 300,000 more shares sold in the next 45 minutes, with a collapse of stock price (capitulation), or

(2) Close at .75 on volume of about 250,000 (125,000 more than we have).

Either one will provide good technical indicators that a bottom may have been set. If we close around .70 with 145,00 shares traded, then we're still drifting. So let's get going!

Hoji

http://messages.yahoo.com/bbs?.mm=FN&action=m&board=4687979&tid=astn&sid=4687979&....

"why do you say ShortCummins?"

Have you ever heard the expression about someone having short comings? It's a pun on words I believe... hee hee... but you never know... being close to Anthony, the renown basher short, it could be the way you are thinking about it too!

Sara : )

"That's why we're tumbling today."

The whole market was tumbling today.

Sara

Month-to-date eVWAP volumes

7/24 249,000 X 2
7/23 2,568,400 X 2

7/20 165,200 X 2
7/19 1,657,300 X 2
7/18 792,800 X 2
7/17 188,200 X 2
7/16 459,300 X 2

7/13 710,000 X 2
7/12 273,000 X 2
7/11 0
7/10 1,258,000 X 2
7/09 1,423,000 X 2

7/06 112,500 X 2
7/05 0
7/04 holiday
7/03 50,000 X 2
7/02 30,000 X 2

Total 9,936,700 X 2

"She lies like a cheap rug."

ROFL!!!!

Sara : )

eVWAP 249,000 X 2

By: stosh_5 $$$
Reply To: None Tuesday, 24 Jul 2001 at 9:42 AM EDT
Post # of 20549

249,000 x 2 confirmed

http://ragingbull.lycos.com/mboard/boards.cgi?board=ASTN&read=20548

Ike,

I'm not sure where that quote came from, but I think you'll find a lot of good folks over here on IHub.

"I think ehtics is something that I will evolve on my thread,..."

and that's the beauty of IHub is being able to monitor your board and promote the kind of environment you want.

Good luck in your endeavor!

Sara : )

Hi Ike,

Been reading your board and it's been very interesting. Keep up the good work!

Sara : )

Very clear!

Great job providing the damning evidence.

Have a great day tomorrow.

Sara : )

eVWAP projects in progress..

By: ClubFool $$$
Reply To: 20539 by judojack $$$ Monday, 23 Jul 2001 at 10:04 PM EDT
Post # of 20546


Judojack,
ATG is seeking approval (via the PHLX also seeking approval) to trade the largest 150 NASDAQ stocks via eVWAP. I expect approvals to be in hand before the SH mtg in Sept (Sept 25th).

Toronto is about completed in terms of infrastructure, and theoretically is launching their eVWAP system in mid-Sept. This would add revenue directly to ATG, but not nearly as much as eVWAP PHLX will be adding. The volumes from TSE are expected to be somewhere ~10% (plus or minus) of the vols from PHLX, when operating at full bore.

HK is being worked on since late last year, work is continuing, and it's slated to be functional sometime in 2002.

Don't take your eye off London either..ATG has been working since last year to develop infrastructure there.

Also, there are Order Management Systems with clients ready to use eVWAP as soon as the eVWAP PHLX liquidity reaches the level where they are permitted to join in each day. Those clients include many overseas sell-side Institutions, who are eager to use eVWAP, according to my research.

None of these efforts have anything to do with the current ASTN stock valuation (in the sewer), but they proceed never-the-less. At some point, when volumes are higher and STAY higher, I expect the valuation given the stock to improve dramatically.

Hope that helps.
CF

http://ragingbull.lycos.com/mboard/boards.cgi?board=ASTN&read=20545

Have a nice evening, and good luck in the markets.

You too!

Sara : )

"I doubt anyone other you & myself have even read this FONR board."

Quietly lurking...

Sara : )

"Anyone see sara bragging that astn price is .80, when she bought in at .87 plus?"

Another Mary distortion of the facts. Here's what I posted:

Closed at .80 eom
http://www.investorshub.com/boards/read_msg.asp?message_id=148744

Sara

"You asked for Marys picks.......0"

That's exactly what I thought. When you get her cornered, she just disappears for a while and then when she comes back she changes the subject... usually with a personal attack.

Sara

Fiserv Reports Record Earnings During Second Quarter of 2001

Announces 3-for-2 Common Stock Split

http://biz.yahoo.com/bw/010723/2698.html

BROOKFIELD, Wis.--(BUSINESS WIRE)--July 23, 2001--Fiserv, Inc. (Nasdaq: FISV - news) announced today record earnings for the second quarter of 2001 and a 3-for-2 Common Stock split among shareholders of record as of August 10, 2001.

For the three-month period ended June 30, 2001, Fiserv revenues were $472.6 million, a 13.5% increase over the $416.4 million reported for the second quarter of 2000. Net income per share-diluted (excluding realized gains from sale of investment) for the second quarter of 2001 was $0.40 per share, compared to $0.34 per share for the second quarter of 2000.

For the six-month period ended June 30, 2001, Fiserv revenues were $926.6 million, a 14.0% increase over the $812.8 million reported for the first six months of 2000. Net income per share-diluted (excluding realized gains from sale of investment) for the first six months of 2001 was $0.79 per share, compared to $0.68 per share for the first six months of 2000.

``During the first half of 2001, Fiserv reported strong earnings results as we continue to build on our successful history of consistent growth,'' said Leslie M. Muma, President and CEO of Fiserv, Inc. ``Most of our business units continued to perform at or above our expectations during the first six months, both in terms of internal revenue growth from existing clients and new sales contracts. We saw very strong growth in our Financial Institution Outsourcing, Systems and Services Segment, which accounts for approximately 80% of our total revenue. This was partially offset by the decline in our Securities Processing and Trust Services Segment that had been anticipated. Our target for full-year diluted earnings per share (EPS) for 2001 continues to be $1.60 to $1.61, excluding any realized gains from sale of investment. This is consistent with our historical EPS growth targets of 18% - 20% per year.

``Sales of our traditional products remained strong with the year-to-date signing of 193 new clients and 670 cross-sell agreements, and our pipeline continues to be robust as we move into the second half of the year. Revenues associated with new contracts signed in 2001 are up more than 30% over the prior year due largely to an increase in average contract size,'' Muma added.

``We serve a dynamic market, where our clients are facing evolving customer needs and technology demands on a daily basis. Using our extensive resources, industry-specific expertise and advanced product suite, clients gain in Fiserv a partner who will help successfully manage the many challenges of an evolving business environment,'' Muma concluded.

Fiserv announced during the second quarter that it will provide the technology to support CIGNA Bank & Trust, the new federally chartered, full-service thrift formed by CIGNA Corporation. CIGNA Corporation's subsidiaries are leading providers of employee benefits. In June, Fiserv and Northern Trust announced the formation of a joint venture to provide receivables management services, commonly known as lockbox. The venture will provide receivables management services to Northern Trust for its clients, with plans to sell services to additional financial institutions. As part of the joint venture, Northern Trust also signed a long-term servicing agreement.

Subsequent to quarter end, Fiserv announced that it had acquired Austin, Texas-based EPSIIA Corporation, a provider of large-scale electronic archival, retrieval and presentment solutions. Fiserv currently provides solutions for paper-based systems, including laser printing, mailing and fulfillment of statements and other documents. As the industry continues to move toward electronic presentment and delivery, there has been a growing demand for these types of delivery options. EPSIIA provides a real-world, proven solution for Fiserv clients who are looking to complement, or possibly replace, their current paper-based systems through electronic document management services.

Fiserv announced today a 3-for-2 split in its outstanding shares of Common Stock among shareholders of record as of August 10, 2001. Distribution of new shares will be mailed on or about August 31, 2001, by the Company's transfer agent, EquiServe Trust Company, N.A. This stock split will be the Company's sixth since it went public in September 1986. Fiserv previously carried out 3-for-2 splits in April 1999, May 1998, May 1993, June 1992 and July 1991.

Fiserv, Inc. (Nasdaq: FISV - news) is an independent, full-service provider of integrated data processing and information management systems to the financial industry. As a leading technology resource, Fiserv serves more than 10,000 financial services providers worldwide, including banks, broker-dealers, credit unions, financial planners and investment advisers, insurance companies and agents, mortgage banks and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv also can be found on the Internet at www.fiserv.com.

The disclosure set forth above contains forward-looking statements, specifically Mr. Muma's statements regarding future earnings, earnings targets and business prospects. Such forward-looking statements are subject to inherent risks and uncertainties that may cause actual results to differ materially from those contemplated by such forward-looking statements. The factors that may cause actual results to differ materially from those contemplated by the forward-looking statements include, among others, changes in customers' demand for the Corporation's products, pricing and other actions by competitors, and general changes in economic conditions or U.S. financial markets. These factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements.


FISERV, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except per share amounts)
(Unaudited)


Three Months Ended Six Months Ended
June 30, June 30,
2001 2000 2001 2000
-------- -------- -------- --------

Revenues $472,646 $416,434 $926,558 $812,836
-------- -------- -------- --------
Cost of revenues:
Salaries,
commissions and
payroll related
costs 227,194 198,029 445,889 387,601
Data processing
expenses,
rentals and
telecommunication
costs 30,948 28,457 60,553 56,569
Other operating
expenses 97,898 78,371 190,290 153,598
Depreciation and
amortization of
property and
equipment 18,758 17,419 37,063 34,168
Amortization of
intangible assets 8,877 15,626 17,669 22,802
Amortization
(capitalization)
of internally
generated computer
software-net 592 (856) 110 (244)
-------- -------- -------- --------
Total cost of
revenues 384,267 337,046 751,574 654,494
-------- -------- -------- --------
Operating income 88,379 79,388 174,984 158,342
Interest expense
- net (3,237) (6,000) (7,054) (11,806)
Realized gain from
sale of investment 1,506 2,928 3,327 2,928
-------- -------- -------- --------
Income before
income taxes 86,648 76,316 171,257 149,464
Income tax provision 34,659 31,289 68,503 61,280
-------- -------- -------- --------
Net income $ 51,989 $ 45,027 $102,754 $ 88,184
======== ======== ======== ========

Net income per share:
Basic $0.42 $0.37 $0.83 $0.72
Diluted $0.41 $0.36 $0.81 $0.70
Excluding realized
gain from sale of
investment:
Diluted $0.40 $0.34 $0.79 $0.68
Diluted
(excluding
goodwill
amortization) $0.44 $0.38 $0.87 $0.75

Shares used in
computing net
income per share:
Basic 124,372 122,991 124,240 122,807
Diluted 127,501 126,401 127,367 125,972


FISERV, INC. AND SUBSIDIARIES
SELECTED SEGMENT INFORMATION
(In thousands)
(Unaudited)


Three Months Ended Six Months Ended
June 30, June 30,
2001 2000 2001 2000
-------- -------- -------- --------

Revenues:
Financial
institution
outsourcing,
systems and
services $374,618 $313,092 $734,980 $606,180
Securities
processing and
trust services(1) 81,627 87,727 157,649 174,174
All other and
corporate 16,401 15,615 33,929 32,482
-------- -------- -------- --------
Total $472,646 $416,434 $926,558 $812,836
======== ======== ======== ========

Operating income:
Financial institution
outsourcing, systems
and services $78,548 $60,519 $158,144 $109,855
Securities processing
and trust
services(1) (2) 12,103 20,449 20,491 50,396
All other and
corporate (2,272) (1,580) (3,651) (1,909)
-------- -------- -------- --------
Total $88,379 $79,388 $174,984 $158,342
======== ======== ======== ========

(1) Includes a $12.0 million termination fee received by the Company in the second quarter of 2001 from a broker-dealer customer recently acquired by a third party.
(2) Includes a $12.3 million charge recorded in the second quarter of 2001 related to the planned consolidation of the Company's securities processing businesses.

--------------------------------------------------------------------------------
Contact:
Fiserv, Inc.
Leslie M. Muma, 262/879-5000

Mary's excuse for her behavior:

"If you hadn't responded to my first post the way you did, I probably never would have posted about astn again. If you hadn't begged fred to sue me by posting "slander, libel," I wouldn't still be here. I'd left the board before he sued me. Someone had to email me that he said on the fwf he was going to sue me. You guys created me. Deal with it. You poke a lioness with a stick in the eye, you think she's gonna lick your hand and purr?"

Regardless of how you've been treated, you and only you are responsible for your behavior. It's a sign of immaturity to blame others for your actions.

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16102813

Sara

I've never seen you post your portfolio. Has anyone here seen it? As much time as you spend bashing all these companies, how could you have time to play anything? So post it... post your predictions... what you are buying now? Are you shorting? Give us a few tips. Let's see how you really do. Do you win 100% of the time?

Closed at .80 eom

"You miss 100 percent of the shots you don't take." -Wayne Gretsky

Nobody calls of them all of the time. You don't play, so you miss 100% of the time! In your bitterness, all you do is try to destroy because you're afraid to play the real game. Let's see you call some winners.

Sara

"...and I never met a bigger liar than you."

Have to say the same!

I would love to see her in court trying represent herself... ROFL!!! Can't you just imagine the judge... someone like Judge Judy... just shaking her head in disgust and scolding her like an errant child?

If Hal sues her, would it be on the west coast?

Sara

New high for 5 day moving average (eVWAP volume) and today is 2nd highest to date!

Sara : )

I still post on Yahoo and RB... just not 24/7 like you.

Sara

"and RB suspended her again."

She's a bit slow on the uptake... lol

Sara : )

"Mary why don't you just admit you are a total failure."

She can't do that because she's 100% correct all the time! ROFL!!!!! Maybe that's why she believes facts and opinions are the same... as long as she posts it, it has to be true... NOT! LOL

Did she really bash all day Christmas?

Sara : )

"if you can't tell the difference

between my comments and sec language,"

Oh I can... because I'm very familiar with your deceptive posting style. But I'm sure you count on others not scrutinizing your posts that closely to separate the facts from your opinions and to try and verify what you post. It's the people who take the time to really analyze your posts who call you on all the crap you put out.

Sara

eVWAP trends

By: ClubFool $$$
Reply To: 20520 by fooldock1 Monday, 23 Jul 2001 at 12:28 PM EDT
Post # of 20525


Hey Fooldock1,
Glad to hear you'll be around for a little while longer.

A noted trend (and why I continued to buy this stock through last Fall into this Spring):
** From Aug 27, 99 until Jan 01, eVWAP averaged
~ 1 million shares x 2 per MONTH;

** From Jan 01 until early Mar 01, it avged
~ 1 million shares x 2 per WEEK;

** From late Mar until now, it avged
> 1 million shares x 2 per DAY.

** NEXT STEP = avg > 2.5 million x 2 per Day. We are in this phase now, imo.

** Step after that (I think by late Sept), avg > 5 million x 2 per day.

** By Jan 2002, avg 10 million x 2 per day. Up from there into the future.

The stock price will follow the volume up, whether ASTN gets delisted or not. If a delisting occurs (not likely given political and market events occuring), the price might dip temporarily, possibly to as low as 50 cents, but will recover with growing eVWAP volumes over the next 6 months, imo.

That's my 2 cents, fwiw.
CF

(Voluntary Disclosure: ST Rating- Hold; LT Rating- Strong Buy)


http://ragingbull.lycos.com/mboard/boards.cgi?board=ASTN&read=20521

Post explaining revenue shares related to eVWAP

Re: For further clarification...
by: kcmillpe
Long-Term Sentiment: Hold 07/23/01 10:42 am
Msg: 125809 of 125852

the basic assumption we have been given is a burn rate of one million dollars and change a month (1.1 - 1.3 or so) and income of about .01 cents per share crossed.

the company sees income twice from the cross, both seller and buyer pay. this is why volume is reported like 2,500,000 x 2. when multiplied by two one has the revenue share total.

we are also advised (confirm with the fwf webcasts) that what is needed for breakeven volume is about 2,500,000 shares crossed x2 = 5,000,000 revenue shares. when you run the numbers that amounts to a million dollars and change income per month.

hope this helps - always verifiy numbers and assumptions independantly when you read my stuff because my memory for the second significant digit is always very poor.

http://messages.yahoo.com/bbs?.mm=FN&action=m&board=4687979&tid=astn&sid=4687979&...

Month-to-date eVWAP volumes

7/23 2,568,400 X 2

7/20 165,200 X 2
7/19 1,657,300 X 2
7/18 792,800 X 2
7/17 188,200 X 2
7/16 459,300 X 2

7/13 710,000 X 2
7/12 273,000 X 2
7/11 0
7/10 1,258,000 X 2
7/09 1,423,000 X 2

7/06 112,500 X 2
7/05 0
7/04 holiday
7/03 50,000 X 2
7/02 30,000 X 2

Total 9,687,700 X 2

eVWAP 2,568,400 X 2

By: stosh_5 $$$
Reply To: None Monday, 23 Jul 2001 at 9:51 AM EDT
Post # of 20513

2,568,400 x 2 confirmed

Sara : )))

ROFL!!! I still can't believe she's stupid enough to defend herself. Can she then later appeal based on having an incompetant counsel?

Sara

You can't even be trusted to post quotes from a official document correctly... you think anyone should trust your word about a phone conversation! ROFL!!!!!!!!!!!! It's a matter of credibility... certain posters have it, you don't.

Sara

"someone here is making a stink that all of our opinions and posts must contain links to online internet articles, sec docs which substantiate everything we post like we are presenting our posts to a judge at a trial"

Mary... you just can't get the facts straight. No one expects you to provide links for your opinions. What has been said to you is that when you quote articles or SEC docs you should always provide links... especially when you don't post the original as is. Also, when you insert comments, you need to make them clearly separated from the quotes from the document.

Here's an example of what I mean:

http://www.investorshub.com/boards/read_msg.asp?message_id=147846

and another:

http://www.investorshub.com/boards/read_msg.asp?
message_id=147856

Here's an exact copy past from that last one... see how you run the text of the document... then your comment... then more text, but no quotes, italics or anything to indicate the change:

"of a share on the date of grant. Such options expire five years after the date
of grant.

golden parachute for fred. Five years from 2000.

Mr. Rittereiser, Ashton and UTTC are parties to an Employment Agreement,"

What has also been pointed out to you is that you need to word statements of opinion so that they are clearly opinion and not sounding like facts. If you make a statement of fact, then yes, you are expected to back it up.

Sara

My oh my...

What's amazing to me is that she still tries to defend him... a recently paroled felon... what was it he was doing time for? mail fraud? At the very least, she's a very poor judge of character. It will be interesting to see what happens to him... at least he had the sense to stop posting.

Sara : )

OT: Hi John,

Great hearing about your weekend with the grand kids : ) Obviously they love to come visit their granddaddy and ride around on all the bikes you have... sounds like great fun!

On saturdays I play softball with a great group of people. We always have fun and go for pizza and beer afterwards. My step daughter is also on the team.

Today I'm trying to do some fixup stuff around the house... and I'll readily admit I'm not good at it... just now had to take a break from the frustation.

Also, I just finished listening to the CDs for The Millionaire Mind. It said that the top activity for millionaires is socializing with family and friends. Just goes to show, you can have your priorities in the right place and still be financially successful.

Sara : )

I wonder why she doesn't understand the diference between posting an opinion and making factual statements? Just because most of these stock chat boards put disclaimers about believing what you read on here, doesn't mean you can post anything at all because it's your opinion. That's a ridiculous notion. Most posters seem to understand that if you quote some SEC document, news article or other reliable source, that you post the link! And if stating an opinion it should clearly be worded as opinion. She blurs the lines between facts, opinion, the truth and lies. Maybe she really doesn't perceive the difference.

Sara : )

Wow! IJX looks like a very interesting prospect!

Did you see the P/E of 2.51?

Good find!

Sara : )