Is wondering...... Whatchu lookin' at Willis!?!?
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Tin-Berrygood, I believe, because of Hartcourts move to China, Hartcourt and their spinoffs will be considered Chinese based companies trading in the USA. Ownership percentages should be in our favor.
boatRgirl, I doubt the innocent will even see these rations let alone eat any. Some sort of slow release poison would be much more effective. Don't want them to realize what's going on till it's too late. What sort of delicacy is favored by these Arab/Taliban/Al Qaeda/Afghans? Camel ass? Something they've been deprived of. Accidently send an over abundance of whatever it is. Make sure it will spoil if not eaten soon. And accidently let the caravan route fall into the hands of these evil sonsabitches. That'll fix 'em. As for my portfolio..... :~( So sad, averaging down here and there. Kinda leery of spending big. Business is slowing and everything is at firesale prices. Bummer. Had orders in Monday and Tuesday for more HRCT but am glad they didn't go thru. Another PUMP by Mr. Phan only to be disappointed once again. :~(. You notice his pump it up letters are having less affect each time? What was it? 5-8 cents this time? I think last time it was close to a quarter. I figure it will take many many years to go green again. Unless of course you/I have a winner in it somewhere. 98, 99 and early 00 will never be seen again IMO. Way to many average people got screwed. ANALyst putting huge price predictions/targets on these internet/tech stocks is a large part of the reason. They should be exiled to Afghanistan :~). Good luck in any and all of your decisions. MBR.
I can't believe it! The U.N.'s sending humanitarian aid to the poor people of Afghanistan. Are they STUPID!? How much of the supplies will actually reach the starving innocent? Not much IMO. The Taliban are going to confiscate the majority of it and feed their troops. They're feeding the ENEMY! Wait! ....... Hmmmmmm? ...... Maybe? ....... Cyanide laced food supplies may be the cheapest and quickest way to reduce their troops down to an insignificant handful. The war could be over this weekend! Cool!
joespringerpe, Nope, you're not at all selfish for thinking that us L.T. shareholders deserve more than a newbie. After all, we're the ones that Mr. Phan constantly and continually were told to "hang on" "two more weeks" "real soon" "you will be rewarded" "next month" "1st quarter" "2nd quarter" "nasdaq" "bigger than Lycos" etc... etc.... etc...... Mr. Phan is 99.99% of the reason why I hung on and bought more on numerous occasions. WE DESERVE IT! and WE EARNED IT! That's all there is to it!
sliver "of" information. eom.
Sophia, good luck on your Due Diligence. Cuz Dan and Co. won't give you a sliver information. There's only been a couple of PR's the last two years.
"To it's knees" Hmmmmm? Total annihilation (sounds much better) of all known terrorist/groups will send a clear message to any up and coming terrorist/groups that what they are training/thinking of doing in the future will certainly seal their fate. When the leaders are taken out, everything within a 100 mile radius should be vaporized to insure any support of them have been eradicated also. No one will want this vermin on their side of the planet let alone in the same country.
jjaybird, I believe you to be correct about getting lucky here, complete blind luck at this point. I think the chance of striking a mother load gold vein in your yard while planting a tree is more likely to happen than getting rich off LGOV. I've never been a shareholder of a stock with as little information and IR for their shareholders. Buying on the dips? Largos half empty cup has a crack in the bottom, At this rate LGOV could go to a penny or less. Management seems to not give a rats ass about us shareholders, let alone bringing in new money/investors. Usually when there's no news, it means no good news. The bad news gets thrown in the round file.
Tin, You typed........ "This is the month that has been projected for at least one of the spin offs."
Who's projection? TENNISSTUDS? Inquiring minds would like to know. Or are you talking about last Septembers ("2000") Merger/IPO/Spinoff?
I better say Hi! Before they charge me 50 bucks. lol.
hansro, it can't be too outdated, it's got REUTERS mentioned. Could you translate it for the rest of us? Is there a date of release hidden somewhere in that gibberish? Thanks in advance.
OT: Rear one, I again announced itself. I come from Germany and have
since end ` 99 HRCT shares.
I found this in a German board
Can that much-calibrates someone translate, since my English is not
completely so good!
Nur ein Gedankenspiel.
Ich habe ein bißchen recherchiert und mir die Bewertungen von ein paar US – Unternehmen angeschaut. Es ist vielleicht interessant zu sehen, was damals bezahlt wurde.
Yahoo ( YHOO )
Shares: 566.905
Course: 240 $ ( Jan `2000 )
Market Cap: 136 Mrd $
CMGI ( CMGI )
Shares: 346.161
Course: 160 $ ( Jan `2000 )
Market Cap: 55,3 Mrd $
Aol ( AOL )
Shares: 4.259.407
Course: 95 $ ( Jan `2000 )
Market Cap: 404 Mrd $
Commerce One ( CMRC )
Shares: 196.640
Course : 135 $ ( Jan `2000)
Market Cap: 26,5 Mrd $
Das war vor einem Jahr; heute sieht es ganz anders aus.
Aber es gibt noch Unternehmen, die in einem der aussichtsreichsten Märkte fundamental sehr stark sind und eine ähnliche Bewertung erreichen können.
Hartcourt ist eine amerikanische Beteiligungsgesellschaft, die sich auf den chinesischen Markt konzentriert hat. Das Ziel besteht darin, sich mehrheitlich an solchen Unternehmen zu beteiligen und diese erfolgreich an die Börse zu bringen, die konzeptionell und strategisch in die angestrebte Philosophie passen, der führende Serviceprovider und Finanzdatenanbieter zu werden.
HRCT will und wird die AOL und Bloomberg Chinas werden.
Bereits im vergangenen Jahr war HRCT im wesentlichen aufgrund ihrer Zielstellung, ihres Konzeptes, ihrer Strategie und der allgemeinen Interneteuphorie, insbesondere mit Blickrichtung China, splittbereinigt mit 10US$ bewertet. Was damals noch mehr oder weniger Phantasie war, ist durch konsequentes Umsetzen dieser Strategie zum großen Teil schon Realität. Dennoch beträgt der aktuelle Kurs aufgrund der allgemein bekannten Abschwächung in den vergangenen 12 Monaten nur 0,55 US$. Das entspricht lediglich einer Marktkapitalisierung von 33 Mio US$.
Innerhalb der nächsten Wochen soll bei einem positiven Marktumfeld die 85% ige Tochter Streaming Asia an den HK – Markt gebracht werden. Anschließend folgt Sinobull ( 100% Anteil / Finanzdatenanbieter und bereits eine der beliebtesten Finanzseiten Chinas).
Beide IPO`s liegen etwa bei einer Bewertung von ca 600 Mio US$ für HRCT. Weitere IPO`s sollen folgen ( HRCT – Capital, Innostar ).
Kürzlich hat HRCT das Telekommunikationsunternehmen Elefant Talk, einen Markenprovider für long – distance Telekomdienstleistungen in China und Hong Kong, zu 51% übernommen. ABN – Amro hat kürzlich eine Bewertung des ETNS Netzwerkes in Höhe von 450 bis 650 Mio US$ erstellt.
HRCT ist auf dem chinesischen Markt, dem Markt mit dem bekanntlich größten und schnellsten Wachstum, aufgrund ihrer dominierenden Stellung als komplexer Serviceprovider und Finanzdatenanbieter, aufgrund ihrer Beteiligungen, deren Wert ein Vielfaches des HRCT – Aktienkurses ausmacht und nicht zuletzt aufgrund des bevorstehenden Beitritts Chinas in die WTO meines Erachtens extrem unterbewertet und ein klarer Kauf mit den bekannten Risiken. Ich denke, daß wir bis `2003 bei einer Market Cap von 15 Mrd $ liegen können.
Hr. Lu Hoa, Vorsitzender des Pekinger Regierungskomitees für die High – Tech Industrie sagte: „ Wir sind von Hartcourts Vision und Verständnis für die riesigen Geschäfts – und Investmentmöglichkeiten hier in Peking sowie in anderen Teilen Chinas sehr beeindruckt. Wir begrüßen ganz besonders Unternehmen wie Hartcourt, welche die Gelegenheit erkannt haben und zusammen mit uns an der Verbesserung des Investitionsumfeldes in China arbeiten.“
Hartcourt Beteiligungen:
85 % Streaming Asia
100 % Sinobull ( je 100%: UAC Online, Shangdi Network, Guo Mao, Financial Telecom)
Hartcourt Capital
Broadband
Hartcourt Partner:
Microsoft, Yahoo China, Shift Nokia, Reuters, Legend,
IBM, China Telecom, Thinkersgroup.com, China Cable Net, Wind Info, empact Solution, People`s Daily
hrct_bull, I don't know what good the revenue numbers for Koffman will do us, I don't believe the intended acquisition was ever carried through.
Very interesting Michse, now they claim to own 85% of Streaming Asia? As in..... the additional 35% acquisition is complete? And they DO have an ownership interest in TSS? I like the idea of getting SA listed on a US exchange. If this is the case, then we can expect a PR Monday.
hansro, I too attempted to buy more yesterday. Had an order in at .41 all day and didn't even get a partial. Mark suggested splitting my order, but I didn't bother. Maybe I should have? At the end of each day my order's not filled it's somewhat of a relief that the order didn't go through, It's funny, I don't know what is causing me to want more (also not based on good reasoning), especially after all of the non-events of the past 18-20 months and the fiasco with ENOVA shareholders. I get some really mixed feelings about this stock, some days I want to mortgage the house and buy up the float and other days I feel we have been screwed and just want to dump it. If it wasn't for the optimism of the very few and extremely confident and faithful, I would have bailed after the non NASDAQ incident. Right now it's not worth dumping with this miniscule PPS. I'm beginning to think we will be better off if Hartcourt keeps their spinoff/IPO's under their wings so that when the revenue generated from them shows up on Hartcourts 10Q's & K's we will benefit immediately instead of waiting years/decades (like ENOVA) to find out what they're worth. I guess I'll try again Monday morning to finish loading my truck. Good luck with your additional shares. MBR.
Mark, how long did it take to dump 100,000 shares? Did it all go in one day? I would imagine that these two possible 650,000 share sales are going to take a week or two. It's going to take a significant news release to get people to buy up 1.3 million shares. Or am I way off base here?
Minddoc7, without the story..................... the headline should read Hartcourt under pressure
Mark...... Answer to your question about PAL.
By: mrhrct $$$$
Reply To: None Sunday, 6 May 2001 at 6:13 PM EDT
Post # of 139140
This would be an excellent organization for Hartcourt to join forces with.
REPEAT/Small Cap Companies Traded On the Nasdaq Bulletin Board Unite to Form PROTECTIVE ACTION LEAGUE to Combat Stock Bashing
WASHINGTON--(BUSINESS WIRE)--May 2, 2001--An initial group of small cap companies consisting of Myrient Technologies (MYNT), Kanakaris Wireless (KKRS) and eConnect (ECNC), have joined together to form the advocacy and protection group called PROTECTIVE ACTION LEAGUE (PAL).
Headquartered in Washington DC, PAL will seek to advance the interests of its members by centralizing its approach to matters of common concern and implementing aggressive action.
PAL will unite Small-Cap companies in an aggressive front to combat Internet Bashers. PAL members will contribute monthly to a common fund that will retain seasoned litigant attorneys who will first determine if a PAL member has been slandered or whether other legally actionable messages have been transmitted.
Once this has been determined, PAL will then instruct highly adept cyber detectives to hunt down the identity of the basher and the bashers' employer. PAL will then aggressively litigate as the plaintiff against the basher, the chat room and the bashers' employer.
"PAL is just good insurance for bulletin board companies who are often at the mercy of well organized and well paid bashers. We consider a small monthly payment as an excellent investment for our company and for shareholder value," stated Thomas S. Hughes, Chairman and CEO of eConnect.
Only public companies will be able to utilize services of PAL. Public companies wishing to join PAL should contact: Protective@erols.com. Inquiries are confidential.
CONTACT:
PROTECTIVE ACTION LEAGUE
William Haseltine, 202/783-7600
haegar123,
I'm pretty sure Hartcourt has their hands full for the time being. No sense in attempting another market niche until they can finalize/monotize what they have going now. It's better to do one or two things and be damn good at them instead of being a jack of all trades and master of none.
I believe they were talking about the local Super Market, there's a big sale in the produce department going on right now. So now is the time for Hartcourt to produce shareholder value by producing an IPO. :~)
Is it Kwon? or Kwok? A 50-50 split of ownership is a recipe for disaster IMO. Neither side has controlling interest? This could be a standoff for G knows how long. Which side has the majority of board members? Wouldn't that make the difference?
Aaaaaahhhhhhhh! ........... The good old days, thanks for the memories.
Well I'll be damned, Do you really think Dr. Phan learned his lesson? As the old saying goes...... loose lips sink ships. I wonder how many of Hartcourts ships were sunk because of Dr. Phans overzealous desire to count his chickens (and tell us about them) before they hatched? I wonder if he would ever admit to how many deals fell through because of his flappy jaw? I'd be elated, if from here on out, all future press releases were issued on "DONE" deals only.
Mark, you typed..... "I am extremely saddened that there will be no $10.00 per share dividend (that is really the only reason I held HRCT through the maddened market)." Sounds like your pretty sure that we're getting shafted without vaseline? Maybe you ment to type "there may not be" instead of "there will be NO dividend"
MARK, how do you "KNOW" that we won't receive our(Eventually/Someday) dividends?
Mark, thanks for putting my thoughts into words.... :~) Been feeling that way for quite some time now. Kudos for the reality check. No/less news from Hartcourt is bad news IMO. I think Yuanta is a second rate Mickey Mouse underwriter anyway. Have you checked their website? What happened to that list of BIG name underwriters anyway?
99% of the chairmans posts are off topic and one wishing a Happy easter. Can someone explain why there not deleted?
Okay. So........... what was Hartcourt/Yuanta's excuse for holding back the IPO again? That article has me a bit confused?
Mr. EC...... It's been over a year now since we were told we would get shares in a spinoff/IPO (SinoBull) of the first of many. Whether or not market conditions are right, I believe Hartcourt is way over due to prove to us that they are capable of carrying out what they have told us they would. Iasia? IPO'd today at HK .70? ........ whoop-dee-do! What's that in US $$$$$? less than ten cents? Streaming Asia is supposed to be an appetizer anyway. What better way to spark new interest in HRCT than to come through with the first of many dividends that was promised? Isn't SinoBull and ETNS where the $$BIG BUCKS$$ are at? Even though most bashers (and a few dedicated longs who post too much crap) are on ignore, it get's old letting them have their way. Dr. Phan ....... QUIET THE CRITICS! .......... SHOW ME RESULTS! .......... and first and formost............. SHOW ME THE MONEY! MBR.
Lycos Asia Plans Acquisitions in China, India, Taiwan
Singapore, March 29 (Bloomberg) -- Lycos Asia Pte., a $50 million partnership between Singapore Telecommunications Ltd. and Spain's Terra Networks SA, said it's targeting acquisitions in Taiwan, China and India to provide more local content in fast- growing Asian Internet markets.
Among businesses that Lycos Asia, which runs a Internet search directory, wants to buy are Web sites that enhance its localized sites. With both its partners also offering online access, Lycos Asia may buy Internet service providers. The company wouldn't say how much it will spend except it that hasn't used up all of the shareholders' investment.
``With valuations down, we see that as an opportunity to move in and establish the first-mover advantage,'' said Michael Ripps, Lycos Asia's chief financial officer, in an interview. ``There are companies that have already established themselves, that have really good business models, a lot of users, good brand names -- which to do on our own would cost a lot of money.''
More Asian Internet companies are expected to sell their businesses after their market values drop, hurting their ability to raise funds and expand. Yesterday, Chinadotcom Corp. said it's cutting about 400 jobs and will close offices to consolidate operations worldwide by the end of the second quarter.
Ripps also wouldn't say which companies he's talking to or when the acquisitions would be completed. Lycos Asia has Internet Web sites with localized content in nine Asian markets including Taiwan, India, China, Singapore, Malaysia, Hong Kong and the Philippines. The company wants to tap the Internet markets in both China and India, which are expected to be Asia's biggest in the next five years, Ripps said.
Singapore Telecom is Southeast Asia's biggest phone company and also runs Singapore's biggest Internet service provider. Terra Networks is the world's third-largest Internet search engine.
Mar/29/2001 1:57 ET
China to grow fastest in E.Asia in 2001-World Bank
BEIJING, March 29 (Reuters) - China will probably be the fastest growing economy in East Asia this year with an estimated 7.3 percent rise in gross domestic product, a senior World Bank officials said on Thursday.
Most other Asian countries were forecast to record their third year of "steady" growth following a recovery from the regional financial crisis, despite an expected U.S. slowdown, Jemal-ud-din Kassum told a Beijing news conference.
"China is again expected to be the region's fastest growing economy with expected growth of 7.3 percent in the period leading up to accession to the WTO," said Kassum, vice president for East Asia and Pacific Region for the World Bank.
Beijing could join the World Trade Organisation this year.
"The World Bank expects East Asia to weather the slowdown in the U.S. economy and the wider impact of slowing technology demand, with most countries averaging between three and seven percent GDP growth in 2001," Kassum said.
But Asian countries must push ahead with broad reforms, including financial and corporate restructuring, governance reform and poverty reduction, he said.
"The prospect of a slowdown should send a signal to all policymakers across East Asia and the Pacific that the region has a large unfinished reform agenda," Kassum said.
Governments should also address slow progress in improving education and health, protecting the environment and liberalising trade and investment, he said.
CHINA FISCAL POLICY SOUND
Countries expected to record slower growth in 2001 from 2000 included Indonesia with 4.0 percent, Korea with 4.5 percent, Malaysia with 5.0 percent, Philippines with 3.5 percent and Thailand with 3.0 percent, the World Bank said.
Vietnam would stay steady with 5.5 percent growth as would Laos with 5.7 percent, it said.
Cambodia, Mongolia and Papua New Guinea were expected to report higher growth this year.
Cambodia's GDP was forecast to rise 5.5 percent, Mongolia to 1.2 percent and Papua New Guinea would record 3.1 percent -- reversing a 1.2 percent decline last year, the World Bank said.
China's GDP rose an annual 8.0 percent last year, helped by strong exports and massive spending on infrastructure.
With exports expected to slow this year, the government's use of an expansionary monetary policy to support growth was sound, despite growing levels of debt, Kassum said.
"We think it will be very appropriate to continue the proactive fiscal policy," he said.
Chinese lawmakers have just approved a near-record budget deficit of 259.81 billion yuan ($31 billion) and special state bond issuance of 150 billion yuan this year.
China's export growth is expected to slow to 10 percent this year, from 28 percent last year, said Deepak Bhattasali, chief of the economics unit for the World Bank in Beijing.
Kassum said China's newly-set target for seven percent annual economic growth from 2001-2005 was achievable.
But China needed to make sweeping reforms, allowing the capital market to play a greater role, shoring up shaky state banks, reforming ailing state firms and setting up a more comprehensive social security system, he said.
The World Bank would lend China around $3.0 billion for 30 projects over the next three years, much to relatively undeveloped western China, Kassum said.
09:21 03-29-01
Midair Crash Strains U.S.-China Relations
U.S. Aircraft Lands in China After Collision
By JOE McDONALD
.c The Associated Press
BEIJING (March 1) - A U.S. Navy surveillance plane collided with a Chinese fighter jet sent to intercept it over the South China Sea on Sunday and made an emergency landing in China. The Chinese government said the fighter crashed and its pilot was missing.
China blamed the U.S. aircraft for the collision off the southern Chinese island of Hainan. But the commander of U.S. Pacific military forces said the Chinese planes were at fault, sharply criticizing China for more ''aggressive'' tactics in intercepting U.S. planes.
''It's not a normal practice to play bumpercars in the air,'' Adm. Dennis Blair told reporters at Camp Smith in Honolulu.
The American EP-3 plane landed at a military airfield at Lingshui on the southern end of Hainan, and China assured the United States that the 24 crewmembers were safe. American diplomats were going to Hainan to see them, said U.S. Ambassador Joseph Prueher. The U.S. Pacific Command asked for the return of the crew and aircraft.
But Blair said U.S. officials had had no contact since the crew since its initial report that it landed with no injuries. ''We just don't know'' what has happened to them, Blair said.
''We are waiting right now for the Chinese government to give us the kind of cooperation that is expected of countries in situations like this,'' he said. ''But as time goes on, it's increasingly worse and it's been 18 hours that we don't have a phone call yet from our crew. We're talking about a place that has telephones.''
China's Foreign Ministry said earlier that ''proper arrangements'' had been made for the crew, but did not say where they were.
The incident comes at an uneasy time in U.S.-Chinese relations. The Bush administration has taken a warier attitude toward Beijing, and the president is reportedly leaning toward selling Taiwan much of the high-tech weapons it seeks - a sale bitterly opposed by China.
The U.S. plane was on a routine surveillance flight in international airspace when two Chinese fighters intercepted it, said Col. John Bratton, a spokesman for the U.S. Pacific Command. Officials In Honolulu showed a map that put the collision about 80 miles southeast of Hainan, well outside the 12-mile territorial sea and airspace.
China claims most of the South China Sea as its territorial waters - a claim rejected by countries that use the vast expanse of ocean for shipping.
''The U.S. side has total responsibility for this event,'' the Chinese Foreign Ministry said in a statement, adding that it had made a ''serious'' protest.
It said two Chinese fighters were sent up to track the plane as it approached Chinese airspace. ''The U.S. plane abruptly diverted toward the Chinese planes, and its head and left wing collided with one of the Chinese planes, causing the Chinese plane to crash,'' it said. It said rescuers were searching for the missing Chinese pilot.
But Blair blamed the Chinese fighters, which he said were similar to F-16s, fly much faster and have more maneuverability than the EP3, which is about the size of a Boeing 737.
''Big airplanes like this fly straight and level on their path, little airplanes zip around them,'' he said. ''Under international airspace rules, the faster more maneuverable aircraft has obligation to stay out of the way of the slower aircraft.
''It's pretty obvious who bumped into who,'' Blair said. ''I'm going on common sense now because I haven't talked to our crew.''
He said the collision was likely an accident - but that it reflected a ''pattern of increasingly unsafe behavior'' by the Chinese military. He said U.S. officials had protested to Beijing earlier about the behavior but ''did not get a satisfactory response.''
''Intercepts by Chinese fighters over the past couple months have become more aggressive to the point that we felt they were endangering the safety of the Chinese and American aircraft,'' he said.
Distrust has risen between Beijing and Washington in recent weeks, exacerbated by China's recent detention of two scholars with links to the United States. China, in turn, has been protesting the prospect of the United States' selling new arms to Taiwan, which Beijing views as a renegade Chinese province.
Cmdr. Rex Totty, another spokesman for the Pacific Command, said U.S. planes routinely run reconnaissance missions in the area and ''it is routine for Chinese aircraft to respond by intercepting and shadowing us.'' He denied U.S. aircraft enter Chinese airspace.
The EP-3 - an unarmed four-engine propeller-driven plane - can pick up radio, radar, telephone, e-mail and fax traffic, said Nick Cook, an aviation expert with Jane's Defense Weekly in London.
The U.S. plane took off from Kadena Air Base in Okinawa, Japan, the U.S. military said. It is based at Whidbey Island Naval Air Station in Washington state and was flying with a crew of 22 Navy personnel and one each from the Air Force and the Marines.
Bates Gill, a China expert at the Brookings Institution in Washington, said China was acting like any military power by trying to ward off ''activities aimed at its airspace.''
The collision with the American plane is a ''small victory'' from China's perspective, Gill said. ''You've sent the message about intruding in airspace. You forced it to land. You've got your hands on it.''
Cook noted a similar collision in the 1980s between a Soviet fighter jet and a Norwegian P-3 - similar to the EP-3 - over the Barents Sea, which lies north of Norway and Russia. Both planes landed safely, he said.
AP-NY-04-01-01 1946EDT
Where's my $ signs? :~)
Alright! Now I have 3 message boards to waste my time on. LOL. :~) MBR.