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OT....Bikeboy......I saw the humor in your other post. But there were more than one that did not. So I did try to be fair, to all. I am trying to do my best. I am in a no win situation. Goddess of NWLL?? WOW, how did I ever get label like that. I don't have any idea how that happened.
I don't understand all this, I am just a poor dumb small time investor. Being your sweetheart I can take .......but Goddess ???????? We are off to the VFW for some drinks and laughs....Goodnight.
Coach...That sure helped me to grin from ear to ear. You are so good at that. Thanks for the cute humor.
Seahag...I wish you best of luck. Hope you get lots of Big Reds. Do you ever smoke them?? I hear they are good.
Minouche...You got a deal!! LOL...eom
Seahag.....Oh my, thank you. That is quite a nice complement.
Most times I post way too much. However, I can not seem to help my self. I think it is my love to be with people.
I did not know enough to know what you were talking about. I used this link : http://translator.go.com/ Because I could not figure it out. I do like to try to figure it out on my own first, to see how close I come. I enjoy a challenge until it becomes too difficult for me. Then I give in and and search for means to help me.
I do hope that some day we have the oportunity to get together. Just relaxing in Chantels hot tub drinking Dahlia wine, exchanging great stories and laughing until our sides hurt.
I am unusually tired tonight and my spelling becomes so very bad, when I am tired. I am shutting this computer off when I finish with this and get some needed rest.
I have a very early call to Cleveland in the morning.......CIAO ...my friend. Thank you again.
P.S......Laughing....no I refuse to even try any of this in French. French is such a beautiful language I would only destroy it.
Seahag....You may not have spoken French for 25 years, but it sounds and looks good to me.......However, I do not speak, read nor understand French, except for a small word here and there. All I can say is, Thank you Translator.go.com. (Go translator).
101Dahlias
Bernard...Fondue is a dunking dish......The French word "fondre" means to melt. Fondue does not always mean a cheese dish.
It really is a Swiss dish. They love dunking dishes. I did look it up in my cook books and in one this is what I found (your question perked up my interest and I wanted to know the back ground of the dish. I knew what a fondue was, but U made me want to know more. Typical woman, not happy with just a little info. I have to have more.):
"There are all kinds of Fondue dishes.
The true origin of Cheese Fondue is mysteriously hidden in legends. One story says that a war ended when Fondue began: Army A had nothing left to eat but bread; Army B, nothing but milk. They patched up a temporary truce so they could dunk A's bread into B's milk, and found such mutual pleasure in dunking amicably together that they addeda bit of cheese for flavor and presto, fondue had begun. However, the French speaking part of the Swiss Alps is generally given credit for its discovery."
Midnite7...I was not implying anything. Just wondering how it was to be done. I didn't know if U had planned to have questions sent to you or if we were suppose to post them on the board for you to gather up. Rest well tonight dear friend. I am trying to pick the one most important question for me that I need an answer to. There are just so many at this point. I will ponder on it and try to decide which one I want answered the most. Thanks for trying so hard to help.
Claire
See what I mean. I was way off, on what I thought it meant.
Well that is one French word I will not forget. Thanks for your help, you are a doll. How many more lessons do I need to be a Musketeer????........LOL LOL LOL LOL LOL LOL. Oh well, back to the Hot Tub...!!! Maybe in a year I will know a few more French words and My application will look better to you, that is if there is still an opening.....LOL
Interesting post from RB About Human Brain Natriuretic Peptides.
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=SCIO&read=134
By: buck45 $$
Reply To: None Wednesday, 27 Sep 2000 at 2:59 PM EDT
Post # of 134
Block Buster United States Patent Issues Yesterday
6,124,430
Mischak , et al.
September 26, 2000
Human brain natriuretic peptides
Abstract
The present invention provides reagents and assays for the quantification of hBNP in biological
fluid samples such as plasma or serum. Antibodies are provided which are monospecific to
epitopes comprising the amino acid sequences 5-13, 1-10 and 15-25 of hBNP. These antibodies,
and peptide fragments containing these sequences, can be employed in the assays of the
invention, which may be carried out in a sandwich format or a competition format.
Inventors:
Mischak; Ronald P. (Palo Alto, CA); Lim; Garrett A. (Havertown, PA);
Scardina; Jan Marian (San Carlos, CA)
Assignee:
Scios Inc. (Sunnyvale, CA)
Appl. No.:
942332
Filed:
October 1, 1997
U.S. Class:
530/324; 436/544; 530/327; 530/839; 530/841
Intern'l Class:
C07K 014/47
Field of Search:
436/544 530/324,327,839,841
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
Another Press Release, Tuesday September 26, 9:52 am Eastern Time
http://biz.yahoo.com/bw/000926/or_webtren_2.html
WebTrends Announces eBusiness Intelligence Solutions for Cisco SAFE e-Business Security Framework
WebTrends Firewall Suite Provides Advanced eBusiness Intelligence for Cisco's Flexible, Comprehensive Security Framework
PORTLAND, Ore.--(BUSINESS WIRE)--Sept. 26, 2000-- WebTrends® Corporation (Nasdaq:WEBT - news), the leading provider of Enterprise Solutions for eBusiness Intelligence and Visitor Relationship Management (VRM)(TM), today announced its support for Cisco SAFE, the new eBusiness security framework from Cisco Systems, Inc.
WebTrends Firewall Suite is an essential solution for eBusinesses deploying Cisco SAFE security solutions to analyze bandwidth usage and cost, analyze employee Internet usage and investigate security breaches.
The latest version of Firewall Suite, v3.0 released in August, offers IT professionals real-time alerting and monitoring on critical security events, industry-leading performance enhancements to handle traffic from the largest installations, and advanced management capabilities providing additional ease of administration.
Cisco SAFE is a flexible, comprehensive security blueprint that is designed to help organizations securely, reliably and cost effectively engage in eBusiness. It integrates scalable, high performance security services throughout the eBusiness infrastructure, making it possible for companies to design and implement intelligent, self-defending networks. In addition, Cisco SAFE is enhanced by a rich ecosystem of third-party products, solutions and services, of which WebTrends Firewall Suite is a part.
The Cisco Security and VPN Associate Program is the basis for this ecosystem, providing customers with interoperable, tested and certified security solutions based on Cisco's industry-leading security products and third-party security products. This proven ecosystem of complementary products assures customers that their networks will be secure for eBusiness. As part of the Cisco Security and VPN Associate Program, WebTrends has passed stringent compatibility testing in order to provide assurance of Firewall Suite's interoperability with Cisco's security products.
``Maximizing network security is an eBusiness imperative, and we support Cisco in its Cisco SAFE initiative,'' said Coleen Carey, director of product marketing at WebTrends Corporation. ``WebTrends Firewall Suite is a complement to the Cisco SAFE security framework, providing customers with the latest improvements in system monitoring and alerting to help keep their network investment secure and ensure that their customers have a positive Internet experience.''
``Large-scale security monitoring solutions are fundamental to deploying and maintaining any network security solution,'' said Greg Mayfield, manager of business development in the Cisco VPN and Security Services business unit. ``WebTrends, through the Cisco Security and VPN Associate Program, offers excellent security products that enhance the Cisco SAFE framework and ecosystem.''
About WebTrends Firewall Suite
WebTrends Firewall Suite 3.0 is the most complete security management and reporting solution, enabling Internet professionals to analyze firewall and proxy server log files and report on all Internet traffic activity, including protocol usage, security issues, bandwidth consumption, and employee Internet monitoring included embedded URL categorization. WebTrends Firewall Suite manages, monitors and reports on firewall activity so users can understand and react to the impact on security and network traffic. It supports all leading firewalls, VPN and proxy servers, and offers the comprehensive reports, accuracy, robustness and usability for which WebTrends products are relied upon. For more information and to download a free 14-day trial of WebTrends Firewall Suite, visit www.webtrends.com/products/firewall.
About WebTrends
Founded in 1993, WebTrends Corporation (www.webtrends.com) is the leading provider of Visitor Relationship Management and eBusiness Intelligence solutions for Internet and intranet servers and firewalls.
WebTrends offers organizations a comprehensive set of solutions that are integrated, scalable, modular, and easy to use. Products include CommerceTrends, WebTrends Enterprise Reporting Server, WebTrends Enterprise Suite, WebTrends Professional Suite, WebTrends Log Analyzer, WebTrends Security Analyzer, WebTrends Firewall Suite and WebTrends Live, the industry's first Web traffic analysis eService. They are used by thousands of customers such as ISPs, ASPs, government and educational institutions and corporate clients that include American Express, AT&T, Cable & Wireless, Comcast, Dow Jones & Company, EDS, Firstar, IBM, Microsoft, NASA, NCR, Pharmacia & Upjohn, PSINet, Verio, marchFIRST, and UUNet.
WebTrends' many strategic partners include Allaire (Nasdaq:ALLR - news), Cable & Wireless, Check Point Software, Cisco Systems (Nasdaq:CSCO - news), Hewlett Packard (NYSE:HWP - news), Internet Dynamics, Lotus Development, Lucent Technologies (NYSE:LU - news), Microsoft (Nasdaq:MSFT - news), Novell (Nasdaq:NOVL - news), Oracle (Nasdaq:ORCL - news), Vignette (Nasdaq:VIGN - news) and WatchGuard Technologies.
WebTrends is a registered trademark of WebTrends Corporation. Visitor Relationship Management and VRM are trademarks of WebTrends Corporation. All brands or product names mentioned are or may be trademarks of, and are used to identify products and services of, their respective owners.
--------------------------------------------------------------------------------
Contact:
WebTrends Corporation
Bill Schneider, 503/294-7025 ext. 2362
bschneider@webtrends.com
http://www.webtrends.com
Press Release, Tuesday September 26, 9:36 am Eastern Time
http://biz.yahoo.com/bw/000926/or_webtren.html
WebTrends Announces Alliance with Inktomi to Offer Powerful Bandwidth Management and Intelligence Solutions
PORTLAND, Ore.--(BUSINESS WIRE)--Sept. 26, 2000--
Integration of Industry-leading Products Enables the World's
Largest Enterprises, Service Providers and Content
Distribution Networks to Manage and Improve
Network Performance
WebTrends® Corporation (Nasdaq:WEBT - news), the leading provider of eBusiness Intelligence and Visitor Relationship ManagementTM, today announced an alliance with Inktomi Corp., developer of scalable Internet Infrastructure software, to integrate WebTrends Firewall Suite(TM) with Inktomi® Traffic Server® software.
The combined products will provide an integrated solution for bandwidth management, security analysis and Internet traffic reporting on the activity of an Inktomi Traffic Server platform.
As part of the alliance, WebTrends has developed a software profile for Firewall Suite specific to the Inktomi Traffic Server platform that allows Traffic Server customers to receive customized analysis on network activity, specifically relevant for monitoring and managing Traffic Server deployments. The Inktomi Traffic Server solution has also been enhanced and certified in the WebTrends Enhanced Log Format (WELF) program, ensuring complete and accurate analysis as well as compatibility between future versions of Traffic Server software and Firewall Suite. For more information about the WELF program, see http://www.webtrends.com/partners/welf_program.htm.
``Our customers include the largest networks in the world and the management and analysis of their network activity is critical,'' said Mark Thomas, director of business partnerships for Inktomi Network Products. ``Our engineers worked closely with WebTrends to integrate Inktomi Traffic Server and Firewall Suite to make this powerful reporting and analysis solution available to all of our customers.''
Today's large enterprises, service providers, and content distribution networks need to understand the overall utilization and performance of their networks. With WebTrends Firewall Suite, Inktomi Traffic Server customers are now able to better manage and monitor traffic requests to determine the most effective usage for their resources.
``More and more enterprises and service providers are coming to the realization that for effective utilization of network resources, network management solutions are crucial to maximize performance and efficiency,'' said Mark Reed, senior vice president of corporate development at WebTrends Corporation. ``In conjunction with Inktomi Traffic Server network cache software, WebTrends Firewall Suite provides the bandwidth management, monitoring and analysis features necessary to finely tune performance.''
Inktomi Traffic Server software is the leading high-performance network cache used by many of the world's largest access, broadband and hosting providers, as well as leading enterprises. The Traffic Server solution improves network efficiency and performance by caching frequently requested information at the edge of the network, bringing content physically closer to end users for faster delivery and dramatically reduced bandwidth usage.
WebTrends Firewall Suite is a complete eBusiness Intelligence solution for security, enabling Internet professionals to analyze firewall and proxy server log files and report on all incoming and outgoing activity, protocols usage, security events, resource usage, bandwidth consumption and much more. For more information on WebTrends Firewall Suite visit: http://www.webtrends.com/products/firewall/default.htm.
About WebTrends
Founded in 1993, WebTrends Corporation (http://www.webtrends.com) is the leading provider of Visitor Relationship Management and eBusiness Intelligence solutions for Internet and intranet servers and firewalls.
WebTrends offers organizations a comprehensive set of solutions that are integrated, scalable, modular, and easy to use. Products include CommerceTrends, WebTrends Enterprise Reporting Server, WebTrends Enterprise Suite, WebTrends Professional Suite, WebTrends Log Analyzer, WebTrends Security Analyzer, WebTrends Firewall Suite and WebTrends Live, the industry's first Web traffic analysis eService. They are used by thousands of customers such as ISPs, ASPs, government and educational institutions and corporate clients that include American Express, AT&T, Cable & Wireless, Comcast, DIGEX, Dow Jones & Company, EDS, Firstar, IBM, Microsoft, NASA, NCR, Pharmacia & Upjohn, PSINet, Verio, marchFIRST, and UUNet.
WebTrends' many strategic partners include Allaire (Nasdaq:ALLR - news), Cable & Wireless, Check Point Software, Cisco Systems (Nasdaq:CSCO - news), DIGEX (Nasdaq:DIGX - news), Hewlett Packard (NYSE:HWP - news), Internet Dynamics, Lotus Development, Lucent Technologies (NYSE:LU - news), Microsoft (Nasdaq:MSFT - news), Novell (Nasdaq:NOVL - news), Oracle (Nasdaq:ORCL - news), Vignette (Nasdaq:VIGN - news) and WatchGuard Technologies.
WebTrends is a registered trademark of WebTrends Corporation. Visitor Relationship Management and VRM are trademarks of WebTrends Corporation. All brands or product names mentioned are or may be trademarks of, and are used to identify products and services of, their respective owners.
--------------------------------------------------------------------------------
Contact:
WebTrends Corporation
Bill Schneider, 503/294-7025 ext. 2362
bschneider@webtrends.com
http://www.webtrends.com
Minuche...There is a weeeee small problem....Actually it could be a big problem. I am half Italian, and speak no Italian, the other half is a complete mixture like that of a mongrel pup. The only language I speak is American English and quite badly at that I may add........LOL....I will give you a good exmple.......For Instance When I looked at your message I scanned this board looking for someone
named "bienvenue".....LOL.
However, I tore apart this word and did not know what the "bien" part meant, I think "bien" might mean "good", but I knew what "venue" meant.....To me I think it means "by way of" or the subject of something. After tearing apart the word I have come to the conclusion that perhaps the word "bienvenue" might or could mean "Good subject"?????
Therefore, as you see, I may be of hindrance to you rather than of use. As much as I would love it, perhaps someone French would be best.
I would have loved the clothes, especially the cute little jacket with the little flaired Pendulum at the lower edge of the jacket. A lovely deep green velvet with Gold flure clasps. I am also a seamstress and have made these lovely French Musketeers clothing for a few Teddy Bears.
I am off to the Mall again today. I must flee for the day. I am so unhappy about my NWLL/NWL I am afraid I may start to bash the Company........That would not be a good thing to do. To keep my lips locked up I will escape for a few hours. Will return about 3:00 PM....EST.
CIAO....my friends
101Dahlias
FM...Ugh...as usual, no news, nothing to talk about, price swaying about US$2.00 back and forth, low volume....Wispers on other board is maybe first to middle of October.....IMO...just speculation. But I refuse to give up!! I will just mow my passport when the moss or mold gets too long on it....or just braid it and use it for a handle....LOL. I was told it was good for 10 years. April will mark one year. But the excitement I had over going to Australia for Share Holders meeting is starting to ebb away. By the time it happens I will be totally numb to excitement.
Claire...check your PM. Like I said I hope one of those funky hats with the Huge Loooooong feather comes with the job. Oh, don't forget the high fitting boots with the cuffs around them.
They are really needed to wade through you know what on some of the boards.....LOL.....Sounds like a very stylish job.
Well as it gets a little more busy here I will hopefully have more to do. I always get in trouble, really I do, when there is not enough to keep me busy.
CIAO
101Dahlias
FM...LOL...Thanks....for a minute I thought I was swearing every time tried to write the word "Saturday". LOL I was sure that the word "Saturday" wasn't naughty....unless one had to work that day....LOL
Johnny Angel...Checking out all the treads here, and wondered what you were all about. Previous post here mention that you are also at RB. I'll go over and see what you have going on there. I love the name "Johnny Angel" very nice.
Best regards
101Dahlias
Hello GMan.....Just stopped by to say "Hello". Just looking at all IHUB has to offer.
Best regards
101Dahlias
Hello all....just checking all the threads out here at IHUB. Nice place, there is something for everyone at IHUB.
Best Regards
101Dahlias
Talk trash about Fatt Matt??????? Gee Matt, I can't find anything trashy to say about you. I think you are one fantastic person. I am just checking out all the threads at investorshub. You have a great deal to offer everyone.
Goooooooooo ((((((((((((((((IHUB))))))))))))))))
Georgia Bard....Hello....Nice to see you here. I haven't had a lot of time to look around my new home here. Setting up and maintaining can keep one a wee bit busy, at times. I am here with NWLL, WEBT, BLPT and SCIO. I am so happy to see so many good people here. When we get the quote room here this place will explode.....LOL
101Dahlias
LOL...LOL...LOL...ROFLING...very cute. eom
OOOooops...Papajohn....I just noticed that you had posted the same joke as I just did in post 14. Very sorry about that. I should have checked all the post before I posted the joke. I do apologize for that.
A little weekend humor. That I found on another board.
By: bmbroker $
Reply To: None Tuesday, 1 Aug 2000 at 3:47 PM EDT
Post # of 375
Humorous posts for all to enjoy!
By: Darth_Maul $$
Reply To: None Thursday, 27 Jul 2000 at 1:33 PM EDT
Post # of 2027
Hilarious message board posts
I had tears streaming down my face after reading these. They were pulled from a Yahoo board and posted by dinner_and_a_fine_whine. His points hit close to home for a lot of us.
WGAT down again. It is just so unfair!
by: dinner_and_a_fine_whine 2/9/00 7:46 pm
Msg: 13456 of 22370 The market goes up and WGAT goes down. The market goes down and WGAT goes down. Why does this always happen to me? Why doesn't this go straight up? It is not fair.Why all the buy ratings but no buying? Why no news? Wink has news. Liberate has news. Why don't we ever get any news? Somebody bought 25000 shares at 40 and change after the bell? what do they know that i I don't know? Why don't I know anything? What about all these shorts. What do they know that I don't know? Why do there have to be so many shorts anyway? When will this MM manipulating stop anyway? Why doesn't my research pay off. It is so unfair. WGAT shareholders having a party but I haven't been invited. Nobody invites me anywhere. Why didn't I listen to uncle Joe and buy more Cisco? Why did I buy so much WGAT anyway? My wife is going to kill me. She hates me anyway. Says I complain too much. Good product but why can't we get PR ? Nobody ever promotes my stocks! Why did I have to pick a day when longs are so hostile to post my first informative post on this board?. The market is just so unfair. WGAT and my life bite.
Oh man! My wife is going to kill me!
by: dinner_and_a_fine_whine 2/9/00 10:22 pm
Msg: 13477 of 22370 First I buy 4000 shares of WGAT based on information provided by a poster who turns out to be a short. Then I buy a computer for $1800 and now hypemaster tells us they are practically giving them away. The people in Peru won't use WGAT because they got free computers. They can all afford Liberate's high cost because they have free computers. I can't afford squat because I own WGAT and bought my computer. Why does this always happen to me?
I sold! I Shorted! I Covered! Oh God!
by: dinner_and_a_fine_whine 2/10/00 8:45 pm
Msg: 13607 of 22370 Oh GEEEEEEEEEEEEEEEEZ! Why did I watch that ticker anyway.? It went below 37 and I couldn't take it anymore. I sold and shorted to recoup my losses. Then I had to cover and rebuy my shares at 41. Now its at 40!Why did my trades have to go through anyways? Where were the hackers when I needed them? Why don't the hackers ever visit my on line broker? My broker sucks! What is going on here? Why can't people make up there mind on this stock? Doesn't anyone stick to their convictions anymore? Why do we have to have uncertainty anyway?WGAT is up 1 and 13/16 and I am down another $16000. This stock sucks!And whats with these MM's shaking people out? Oh Man !I am going to get shook out when I get home! Man I have to hit $51 to break even.Now slow_blood says the stock will only hit 50. God! why did I ever buy this stock back? There will be more than slow bleeding when my wife catches up with me. Come Midnight Tel will be talking about Candles Cups and handles. Man the only cups handles and candles I will see will be coming at my head. Why did I have to marry that tempermental woman anyway? I'm tired of being the emotional rock in my family! I better promise her a blockbuster tommorrow or I'm dead! Hal are you listening? Oh he's not listening!Nobody ever listens to me!My life bites. This millenium sucks!Maybe I should move to Peru where they have all those free computers. Oh no! I can't go there thats where my wife is from. Why does this always happen to me?
Oh NO! 8:20 and still no news!
by: dinner_and_a_fine_whine 2/11/00 8:23 am
Msg: 13633 of 22370 Oh man why did I promise my wife blockbuster news today? This is going to hurt . We are going into the toilet. I'm going to get a margin call. I came here looking for a blockbuster.Instead all I ever get is my wife the ballbuster. Why does this always happen to me?
Oh my God! My wife just called!
by: dinner_and_a_fine_whine 2/11/00 7:27 pm
Msg: 13714 of 22370 Someone tipped her that Hal is selling 6 million shares and she is coming straight home I tried to tell her that it was a false alarm but she hung up. Oh god I know I should run but I can hardly move! Why did I have to take all that valium after reading the hypemaster's post? Man why do people keep posting this stuff? Why don't people just post informative and helpful facts like mine? I wanted to comment on today's action but I will have to try later if I still can. She's coming down the hall now and she's carrying that black candlestick. Oh man this is going to hurt! Man this board bites! My life sucks! Oh God why does this always happen to meeeeeeeeeeeeeeeeeeereeeeeeeeeeeeeeeeeeeeeeeeeee
Oh my god! I'm $12 from a margin call!
by: dinner_and_a_fine_whine 2/12/00 10:31 am
Msg: 13761 of 22371 Why oh why doesn't this stock go up? STRM was up,OPTV was way up.Wink was up.Even Lbrt squeezed out a gain. But we just went down. We always go down. This is just so unfair. My broker says don't worry this is just profit taking.I didn't take any profits. Did you take profits? I never get profits. All I ever get is screwed. What a bunch of crap!This stock sucks!Conner 75 says its a dog.Partga made reference to "this puppy". Oh great I own another dog!Dogs suck! My wife had a dog. He hated me . We had to take him to a vet to have him put out of his suffering.The vet offered my wife a 2 for 1 deal on me and the dog. What was that all about? Damn dog died of natural causes by the time I talked my wife out of it.I hate dogs. Vets suck! My broker says don't worry this stock is not a dog. Just shorts and MM's screwing with the stock.This stock has leading technology he says. Nothing can go wrong. It's smooth sailing from here. Oh man isn't that what they said about the Titanic? Oh my God I'm on a fricken dogship to ####!My broker says don't worry short squeeze coming. Too many shorts. Oh man why does there have to be so many shorts? Why do they all have to be so mean? Why do they always drive my stocks down? What did I ever do to them?My broker says they will get theirs. They got theirs alright. They got their profits. Short squeeze coming! What a bunch of crap! The only shorts squeeze I ever get is when my wife makes me wear those darn bikkini briefs.Bikkini briefs suck. I hate shorts! I bet my wife is a short.I think my wife shorts this stock everyday just so she can whoop my ass when I get home. ! And who are these MM's people screwing with my stock? Who do these people think they are? What are they? Has anyone ever seen them? What does M&M stand for?I close my eyes at night and all I can see are these these people dressed in colorful candy coated outfits chuckling while they are screwing with my money and my mind. I hate M and M'S. Melts in your mouth not in your hand! What kind of scam was that? MM's, shorts, my broker and this stock suck. I'm $12 dollars from a margin call and Monday is comming. Margin sucks. Why did I ever buy on margin anyways? Margin what a scam! Where are we going from here? I'll tell you where we are going. Straight down! My stocks always go down. I hate investing! Investing Sucks! Why does this always happen to me?
What kind of scam is this?
by: dinner_and_a_fine_whine 2/13/00 9:13 pm
Msg: 13826 of 22371 Oh this is just great!They just posted interest in my margin account and triggered a margin call. Margin interest what is that all about? I don't remember my broker mentioning margin interest. Margin interest? Oh that is so unfair! "Buy more WGAT" my broker says. "I ain't got no money" I tell him. He says what about margin? I say "I hear its risky." "Only for losers" he tells me,"not for astute positive thinkers like yourself. Remember" he says "I'm your friend I only have your best interests at heart.If you do well I do well. Easy money he says." I ask "shouldn't I diversify?" He says he'll let me in on a little secret." S G Cowan is about to initiate coverage on WGAT with a strong buy. After that nothing but splits coming." Oh wasn't that just a peachy keen tip now. S G Cowan upgrades Wgat and it drops $5 dollars a share. S G Cowan upgrades WGAT and downgrades my financial condition to life support with one swoop! S G Cowans sucks!Well I tracked my broker down by phone yesterday. He's down in the Caribbean . I guess he's down there with my easy money looking out for my best interests. Full service brokers what are they all about? Weren't there enough used car lots to go around? My broker sucks ! He costs me money twice once when he gives me advice and once when I take it. Oh yeah. I almost forgot he is my friend.I asked him once "If you are my friend why don't you give me some free advice?". So he did! He told me to marry the woman who is now my wife. What a #######! I hate my broker! Margin interest,SG Cowans,WGAT,free money and my broker suck! Well my broker says I'm overeacting "Splits are coming!" Splits what a scam! "Here I"ll take your 10 and give you two fives. Keep the change!" What the #### is that all about? This is going to make me rich? No matter! WGAT will never split as long as I own it. My stocks never split. Splits comming? What a bunch of crap!I have news for my broker. The splits are here. WGAT and my broker have split the value of my account in half and my wife is going to split my lip when she gets wind of this margin call. I hate splits! Splits suck! Well I have three days to cover my margin call. I hope my stocks go up tommorow. Oh they won't go up.My stocks never go up. That is not until the day after I sell them. I wish I had cash. I never have cash. Why did I put all my cash into my Y2K generator bussiness? Y2K what a scam that was!Y2k,margin calls and my life suck! Why does this always happen to me?
Big Man in a Small Town
Joe grew up in a small town, then moved away to attend college and law
school. He decided to come back to the small town because he could be a
big
man in this small town. He really wanted to impress everyone. He opened
his
new law office, but business was very slow at first.
One day, he saw a man coming up the sidewalk. He decided to make a big
impression on this new client when he arrived. As the man came to the
door,
Joe picked up the phone. He motioned the man in, all the while talking.
"No.
Absolutely not. You tell those clowns in New York that I won't settle
this
case for less than one million. Yes. The Appeals Court has agreed to
hear
that case next week. I'll be handling the primary argument and the
other
members of my team will provide support. Okay. Tell the DA that I'll
meet
with him next week to discuss the details." This sort of thing went on
for
almost five minutes. All the while the man sat patiently as Joe rattled
instructions. Finally, Joe put down the phone and turned to the man.
"I'm
sorry for the delay, but as you can see, I'm very busy. What can I do
for
you?"
The man replied, "I'm from the phone company. I came to hook up your
phone.
Sing Tao Newspapers, Sa****ay-Sunday 16-17 Septemper 2000
New Tel Huge Chinese Web Site Open
(Nihao2000) Reports the Latest Olympic News
(Translation of Article)
SYDNEY
In the morning of the opening ceremony of Sydney Olympics, the huge global New Age Chinese web site [NIHAO2000] (WWW.NIHAO2000.COM), wholly owned by Australian NEW TEL, had its formal opening ceremony in Sydney. NEW TEL administrative President Peter Malone personally hosted the ceremony. There was a big gathering of both Australian and Chinese guests. The ceremony was very exciting and people were enthusiastic.
To work in cooperation with the opening of 2000 Sydney Olympics, NIHAO2000 web site has already started the "Special Olympic Edition", sparing no efforts to provide the various kinds of news brief and information from the Sydney Olympics to the Chinese web sites all over the world. Its advantages in good timing, favourable geographical location and strong support from the people will ensure the success for Nihao2000 web site in its Olympic news report, said Peter Malone in its opening ceremony.
Mr. Xu Zeng Wu, the Director of China Olympic Market Development Committee and Director of Sports Equipment & Facility Centre of China State Bureau of Physical Culture and Sports, accepted the gifts for the Chinese Olympic athletes presented by NEW TEL in the opening ceremony. Mr Xu claimed, the friendly cooperation with NEW TEL at the eve of the opening ceremony of the Sydney Olympics will contribute to the greater achievements from the Chinese Olympic athletes.
The Chinese Consul Mr Wang Zhi Gang from Consulate-General of the People’s Republic of China in Sydney and the Upper House Representative Mr Peter Wong made speeches in the ceremony respectively. They both said that thanks should be given to NEW TEL in their support to develop friendship between Australia and China, and they believed NIHAO2000 Chinese web site will become the best and biggest Chinese web site in the world.
The goodwill ambassador of the web site Mr Fang Jing Wu gave a detailed introduction to the contents of the web site. It has the categories of News focus, Fashion, Eden Garden, Games Corner, Electronics and Technology, Forum for Overseas Students and Migration, Chinese White Pages, etc. Of course there are Message Bank and Chat Room as well.
Peter Malone revealed in the ceremony that the Company was lucky to win the business as the sole service provider of mobile telecommunication and news brief for the 27th Olympic Chinese athlete team, and the sole service provider for "Fax to the Olympic Heroes", as well as the honorary sponsor.
Mr. Zhang Guo Liang, the Representative from Asia-Pacific Office of Xin Hua News Agency, other directors of the Chinese web site and many journalists from Australian and Chinese media were also present at the opening ceremony. The local Chinese community leader Mr Wang Guo Zhong was the master for the opening ceremony.
Chinese audience can express their wishes through the fax and e-mail address specially set up for the Chinese team by NEW TEL. Everyday NEW TEL willl send their wishes for luck to the Chinese athlete team.
Its fax hot line is: (02)9210 2241,
e-mail address: Heromail@nihao2000.com
(Under the picture)
From left to right: photo of Xu Zeng Wu, Zhang Guo Liang, Peter Malone, Peter Wong and Fang Jing Wu.
http://www.newtel-limited.com/newtel/pr_frm.html
The Australian Chinese Daily
Sa****ay-Sunday 16-17 September 2000
(Translation of Article)
To Work in Cooperation with the Opening of Sydney Olympics.
New Tel Launched "Nihao 2000" Chinese Web Site
SYDNEY
A huge New Age Chinese web site "Hello2000" (www.nihao2000.com) under the umbrella of telecommunication company NEW TEL was launched yesterday, the same day with the opening ceremony of the Sydney Olympics. NEW TEL has become the sole honorary sponsor for the Chinese athlete team for their mobile and telecommunication services.
The opening ceremony of the Chinese web site has specially invited Mr Xu Zeng Wu, the Director of China Olympic Market Development Committee and Director of Sports Equipment & Facility Centre of China State Bureau of Physical Culture and Sports, and Mr. Zhang Guo Liang, Representative from Xin Hua News Agency Hong Kong Office, to join the opening ceremony personally. The Chinese Consul Mr Wang Zhi Gang from Consulate-General of the People’s Republic of China in Sydney, the Upper House Representative Mr Peter Wong and other Chinese and Australian officials were also present at the ceremony to offer their congratulations.
After NEW TEL administrative President Peter Malone made a general introduction of the Chinese web site, he invited the famous Chinese community leader Mr. Fang Jing Wu, who was also the Olympic torch carrier along Chinatown in Sydney, to be the master for the opening ceremony. At the same time he also presented the mobile SIM cards to the Chinese athlete team.
Peter Malone expressed that it had been an honour for the company to become the sole service provider for mobile telecommunication and news brief to the 27th Olympic Chinese athlete team, and the sole service provider for Fax to the Olympic Heroes and the honorary sponsor.
He also said that NEW TEL will make use of its years of rich experience in developing telecommunication technology and its geographical advantage in Sydney to provide the best services in mobile telecommunication and news brief to the Chinese team. With its services, it will strive to be the first to send the good news from the Chinese Olympic athletes to their loved ones in China.
The Company will also provide "Fax to the Olympic Heroes" service, with which NEW TEL will provide a fastest channel to the audience for them to cheer, to boost the morale and send in their wishes to the Chinese team. Audience can express their feelings and wishes to the Chinese team with the specially set up fax and e-mail. Everyday NEW TEL will send in their wishes for luck to the Chinese athlete team.
The special fax hot line is (02)9210 2241, and e-mail address: HEROMAIL@NIHAO2000.COM
At the same time, the company also formally launched the opening of the special Olympic web site "Nihao2000 Chinese Web" (www.nihao2000.com), and introduced how to use "Fax to Olympic Heroes" and some relevant prize award activities.
Goodwill ambassador for Nihao2000 web site Mr Fang Jing Wu introduced the web site in details.
Nihao 2000 web site has rich and diversified contents. Its web pages are colourful and appealing. It has the following major categories: News focus, Fashion, Eden Garden, Games Corner, Electronics and Technology, Forum for Overseas Students and Migration, Chinese White Pages, etc.
To work in cooperation with the 2000 Sydney Olympics, NEW TEL Chinese web site nihao2000.com has timely started the "Special Olympic Edition", sparing no efforts to provide the various kinds of news brief and information from all dimensions of the Sydney Olympics to the Chinese web browsers all over the world. Its advantages in good timing, favourable geographical location and strong support from the people will ensure the success for Nihao2000 web site in its Olympic news report.
(picture under the news report) Pictures can not be presented here so it is only told about.
NEW TEL administrative President Peter Malone was presenting phone SIM cards to the Chinese Athlete Team. Director Xu Zeng Wu was accepting the offer.
(picture on the right of the report) Pictures can not be presented here so it is only told about.
The Chinese Consul Wang Zhi Gang, Director Xu Zeng Wu, Peter Malone, Representative from the Xin Hua News Agency Zhang Guo Liang, Upper House Representative Peter Wong and Fang Jing Wu were present at the opening ceremony of NEW TEL’s "Nihao2000" web site.
This can be seen at the following link under "Press Room":
http://www.newtel-limited.com/newtel/pr_frm.html
BARTON CAPITAL REPORT ON NEW TEL LIMITED
September 11, 2000
Barton Capital Securities Limited
NEW TEL LIMITED
„h Growing domestic telecommunications subscriber base
„h $80 million in cash ¡V potentially more to come
„h China internet asset upside
Buy up to $2.00
Current Price $1.80
ASX Code : NWL
Market Capitalisation : $271.0 million
12 month price range : $0.46 - $4.34
INVESTMENT SUMMARY
A much awaited Independent Experts Report and Information Memorandum is soon to be released by Ernst and Young. This report will place a value on hitherto unknown Chinese Internet and ISP assets that are to be vended into NWL. These assets are substantial and are subject to a $200 million capital raising which is required by NWL to fund its contributions to the venture. Negotiations continue regarding the underwriting of this issue. Resolution of these two items will reduce the uncertainty that has been associated with this project.
We value NWL¡¦s Australian (ex-China assets) at between $225.0 million - $330.0 million or between $1.49 ¡V $2.19 per share. This suggests that the downside risk from here is minimal. Additionally, we value the Chinese assets at between $1.61 and $2.25 per share. The mid-point valuation for the expanded group is $3.77 per share.
Future upside will be determined by the difference between the value placed on the Chinese Internet assets as valued by Ernst and Young and the value of the 200 million shares to be issued by NWL in return for those assets. The pricing of the proposed capital raising will be determined at a minimum value of 85 % of the prevailing market value after the release of the IM when investors have had time to measure the value of those assets. This upside could be considerable given NWL¡¦s preferential access to content and infrastructure. This joint venture aims to be one of China¡¦s leading ISP and Internet portal companies.
E-commerce opportunities will be pursued immediately through NWL¡¦s partnership with the Xinhua News Agency, China¡¦s official state news agency for over 50 years and the fourth largest news agency in the world. This will be supplemented by content to be provided by a number of existing government Ministry websites that are already among the most heavily visited sites in China. Start-up costs are thus minimized.
CONCLUSION
NWL represents a unique opportunity to participate in the burgeoning Chinese Internet market with true red-chip partners. NWL ADR¡¦s have traded on NASDAQ since 1996 (code:NWLL) and could attract international attention. Approx. 35% of NWL shares are already US-held. NWL trades at a 72 % discount to its nearest rival China.com on a pro-forma basis ($3.9B vs $811M), and a re-rating would not surprise.
Domestic Carrier Business
Since September 1999, NWL has installed and commissioned a $10.0 million international gateway facility in Sydney, Perth and Shanghai, built a subscriber base of 50,000 long distance and mobile telephone subscribers, signed a 5-year wholesale agreement with Optus for mobile telephony, and increased office space and staffing levels significantly.
Telco-based revenues of $8.5 million and EBITDA of $1.3 million are forecast for FY00 rising to $33.7 million $5.8 million respectively this fiscal year. Entry to the local call and Internet markets is planned for this year making NWL a full service carrier in the Australian marketplace. Wholesale inter-carrier agreements for traffic in and out of China are also possible using existing network infrastructure of NWL and Xinhua.
The closest domestic comparison to NWL is ASX-listed Hutchison Communications (HTA) which has a market capitalization of $2.0 billion. If $700 million is deducted from HTA¡¦s market capitalisation representing its new CDMA network, the market is placing a value of $4,168 for each of its 320,000 subscribers. For valuation purposes, we have assumed values of lower than this reflecting the smaller subscriber base of NWL.
Chinese Internet Portal and ISP Joint Venture
NWL¡¦s joint venture partners Xin Hua News Telecommunications Limited (Xinhua), selected government Ministries and a government controlled ISP known as Beijing Goldway Network Technology Ltd. Each of these partners already have a significant presence in the Chinese Internet marketplace. Initial portal content will be provided from an initial 10 existing Chinese Government Ministries websites. Each Ministry has previously provided content, with some of these sites among the most heavily visited sites in China. NWL will own between 35 % - 50 % of each of these sites.
Xinhua is the commercial arm of the official state news agency of China which has over 5,000 employees worldwide. Xinhua is a partner in China's telecommunications carrier, NorthCom. Also, XinHua holds a 5.0 % equity interest in China.com, the NASDAQ listed company which is seen as one of the trailblazers of the rapidly developing Chinese Internet sector. Xinhua¡¦s partners already have an extensive nationwide data network throughout China with POPs in each of China¡¦s 28 provinces, in addition to a global telco network.
Recently corporatised, Xinhua intend to expand their Asian Pacific telecommunications strategy and will use NWL as the vehicle for selected telecommunications, Internet and e-commerce investment opportunities. This will see the relative valuation of NWL approach that of other US and Asian telco / Internet companies.
The Nihao2000.com Business Model
Under the Agreement, Nihao2000.com will :
„h Establish and develop a Chinese/English language portal. Using existing website content, the three joint venture partners will provide a majority of the portal's content. The portal business will be closely related to the ISP business and will provide access to a broad range of Chinese content, in both Chinese and English, complementing the electronic commerce opportunities provided by the ISP business.
„h Establish and develop an integrated ISP business. With Points-of-Presence in 28 provinces, Nihao2000.com will own, manage and operate a national Internet network. Also, they will partner with Chinese infrastructure and Internet service providers to develop business and consumer-oriented services. These include dial-up access to consumers and corporates, email services, consulting services, web site hosting, site design and development and e-commerce applications.
„h Implement new media business strategies. Partly due to the technically incompatible forms of Chinese spoken and written in different parts of the world, some Chinese sites have some room for improvement in terms of design and composition.
Nihao2000.com aims to attract 2.7m Chinese customers within 18 months. While the monthly Internet access charges paid by consumers will probably be only $5 per month, a majority of revenues will be derived from other sources outlined below.
Content provision will be made available immediately through NWL¡¦s partnership with Xinhua and existing Government Ministry websites.
The focus of the portal business model is on establishing recurring revenue streams via -
„h Advertising from sponsorships on Nihao2000.com websites and banner advertising
„h Subscriptions for high value content provided by Xinhua and government agencies. Initial industries to be targeted are foreign trade and education.
„h E-commerce revenue will be derived on a pay-for-view basis.
Through the association with key Chinese government businesses, Nihao2000.com will be uniquely positioned to capitalise on the convergence of the Internet, telecommunications, media and e-commerce markets in China. However, these markets are characterised by uncertainty as to timing of growth where competition from international carriers seeking first mover advantage and early brand awareness will ensure that short term profitability will be a difficult objective.
Corporate Structure
NWL owns 100 % of each of its subsidiaries with the exception of Advanced Engine components (¡§ACE¡¨), of which 10 % was separately listed on the Australian Stock Exchange in mid-January 2000.
$10.0M infrastructure Xinhua as 49 % s/h Cashflow and earnings Non-core asset spin-off
07/99 start-up and alliance partner positive in FY00 Jan 2000 IPO
Full Carrier license $200m startup capital CY2000 IPO value $20-30m Current valuation $50.0m
50,000 subs. @ 06/00 to fund e-commerce $11.0m R&D expended $40.0M R&D expended
Optus reseller Agreement opportunities Optus GSM deal 09/00 90 % ownership retained
FY01 Rev : $33.7m FY01 Rev : Nil FY01 Rev : $4.5m FY01 Rev : $6.0m
FY01 EBITDA : $5.8m FY01 EBITDA : Nil FY01 EBITDA : $0.2m FY01 EBITDA : $2.2m
Valuation
NWL¡¦s Australian assets can be fairly valued. Variations in potential value are largely dependant upon the value placed on the Company¡¦s Chinese Internet assets. We have used 25, 30 and 35 per cent of the market capitalization of NWL¡¦s nearest rival China.com for our estimate low, medium and high end valuations to those assets. Further justification of this methodology is provided later in this report.
Valuation Valuation
Low Medium High Low Medium High
($M) ($M) ($M) (cps) (cps) (cps)
Domestic Carrier Business * 100.0 137.5 175.0 0.66 0.91 1.16
Advanced Engine Components Limited 40.0 50.0 60.0 0.26 0.33 0.40
Mobile Data Communications 5.0 10.0 15.0 0.03 0.07 0.10
Cash 80.0 80.0 80.0 0.53 0.53 0.53
Ex-China Assets @ 151.2M shares 225.0 277.5 330.0 $ 1.49 $ 1.84 $ 2.19
Chinese Assets @ 25/30/35 % of China.com 725.0 870.0 1015.0 1.61 1.93 2.25
NTA Valuation 451.2 shares $ 950.0 $ 1,147.5 $ 1,345.0 $ 3.10 $ 3.77 $ 4.44
* Based on 50,000 subscribers as at June 2000. Valuations are in line with other listed telecommunications companies at $2,000 (low) to $3,500 (high) per subscriber.
Proposed Transactions
NWL currently has 144.2 million fully paid shares and 7.0 million options on issue. It is proposed that NWL will acquire substantial Chinese Internet assets by issuing to Xinhua 200 million NWL shares at a minimum value of 85 % of the prevailing market value at that time. This will be a transfer of shares only, not cash.
An equity placement of $200 million to Australian and US institutional investors is being finalised so NWL can fund its business plan responsibilities to the joint venture.
Following this, and subject to Shareholder Approval, Xinhua will emerge with a fully diluted 49 % stake in NWL.
Proposed Capital Structure Movements
Movements in NWL¡¦s capital structure, as a result of the transactions proposed, are expected to be as follows :
Security Issue
Shares on issue
(million)
###. Diluted # Shares
Capital Raising ($M)
Existing shares
144.2
144.2
-
Existing options
7.0
151.2
Xinhua consideration
200.0
351.2
-
Proposed placement
100.0
451.2
200.0
Total
451.2
200.0
On a pro-forma basis, NWL will be capitalised at $811 million assuming a share price of $1.80.
Chinese Telecommunications and Internet Market
Chinese Telecommunications Market
Whatever way you look at it, the telco markets in China have experienced rapid growth over the past decade, and in particular, over the past two years. This is set to continue at an exponential rate.
As the figures below illustrate, only a small percentage of China's huge population has telephone service - the fixed-line penetration rate is only 7 % while cellular penetration is only 2 %. When compared with the 50 %+ fixed line penetration and more than 30 % wireless penetration in most advanced economies, these figures spell out the potential for massive growth in China over the next 10 years.
Source : Paul Budde Communications, IDC, Goldman Sachs estimates
1988 1998 2000 2010
Telephone switching capacity (m) 9 130 166 300
Mobile subscribers (m) 0 24 35 200
Fixed-line telephone subscribers (m) 5 87 112 290
Change - switching capacity (m) - 121 36 134
Change - mobile subscribers (m) - 24 11 165
Change - fixed line subscribers (m) - 82 25 178
To put these figures into perspective, China has put on two times the entire Australian fixed line and mobile telephone market in the last two years.
Chinese Internet Market
Consistent with the growth in telco markets, China will make up more than half of Asia's 64 million
Internet users by 2003.
Today the Web is largely educational with schools and colleges accounting for 40% of users, companies
30 %, government 20 % and home users 10 % This breakdown is likely to change as PC prices fall and growing household incomes allow Chinese consumers to afford a PC and the expense of going online.
Source : Paul Budde Communications, IDC, Goldman Sachs estimates
1997 1998 1999 2000 2001 2002 2003
Reg Users (m) 0.9 2.1 6.7 12.0 17.3 25.5 33.6
PC Base (m) 8.2 11.1 14.0 17.7 22.6 28.9 37.3
Change (m) - 1.2 4.6 5.3 5.3 8.2 8.1
Change (m) - 2.9 2.9 3.7 4.9 6.3 8.4
To put these figures into perspective, the number of Australian Internet users as at June 2000 is 3.2 million.
According to Goldman Sachs, by 2003 there will be considerably more users of the Internet at home than there will be in China's offices stimulating consumer-based e-commerce services such as online shopping.
Goldman Sachs estimates the amount spent on online ads in China will be around $350 million by 2001, compared with about $40 million today. ¡§ The online advertising business model is a viable one as long as
you have the eyeballs. At this early stage, eyeballs are everything. ¡§
The recent announcement by Telstra to invest $5.0 billion on Asian telco plays over the next few years and its investment in Pacific Century Cyberworks belies the potential of this market. NWL is positioned to benefit from this trend.
NWL believes that establishing a nationwide integrated ISP / Portal business model with strong local partners now, while the costs of customer acquisition and creating brand awareness are relatively low, makes sense.
China.com - A Comparison
China.com raised US$84 million in an initial public offering at US$5 a share in July 1999. The company is now trading at US$20 valuing it at US$1,700 million or A$2,900 million or 4X that of NWL assuming proposed transactions occur. Of note is that Xinhua, a proposed 49 % shareholder in the NWL on a post-reconstructed basis, has recently reduced its 11 % shareholder in China.com to 5 %.
In its most recent earnings report, for the third quarter ended June 30, China.com showed a net loss of US$14.4 million, compared with a loss of US$4.5 dollars million in the same period a year ago. Although none of its three businesses is yet profitable, China.com is expected to reach profitability by 2002.
With NWL having a war-chest of some $280 million after the proposed transactions, it is not unreasonable to expect the difference in NWL¡¦s and China.com valuation to narrow over time.
Non Core Assets
Mobile Data Communications
Since 1987, NWL has invested $ 11.0 million developing its proprietary wireless mobile data technology which has application in the transport, courier and utility industries. NWL offers a complete solution incorporating system design, hardware and software supply, OEM product integration and project management. Unique features include compatibility with both GSM and radio network protocols, portability and the use of a QWERTY keyboard.
This division incurred a loss of $ 1.1 million in FY98 and $ 1.9 million in FY99.
Estimated company opportunities in Australia is 50,000 vehicles. Units are sold at $ 1,500 each implying a market size of $ 75.0 million. This division turned cashflow and earnings positive for the first time in 1H00 with forecast sales of $ 2.5 million in FY00 and $ 4.5 million in FY01. Improved earnings reflect lower R&D costs as products reach a more mature phase in their development resulting in higher margins.
The largest client is the Ausdoc Group Limited who have rolled out the system on a nationwide basis. There are 21 other companies using the system. Distributorships in all states of Australia negates the need to establish individual state offices. Sales into China form a key plank in the sales strategy following two years of marketing in this region.
Plans are to separately list this division during the next 12 months with a valuation of $20.0 ¡V $30.0 million considered a reasonable valuation.
Advanced Engine Components (¡§ACE¡¨) (90%)
Only 10 % of ACE was separately listed on the Australian Stock Exchange in mid-January 2000 so NWL shareholders could still participate in 90 % of any future increase in value. Importantly, the listing enabled the value of ACE to be accurately valued. NWL¡¦s 90% residue interest in ACE is currently valued at approximately $50.0 million.
ACE has two wholly owned and synergistic divisions - Natural Gas Vehicle System (NGVS) and Sprintex Superchargers (SS).
ACE was established in 1986 and has spent $ 40 million in R&D and 1.2 million test kms developing its NGVS and SS technologies. All costs were written down to zero in FY96 when the NWL prepared for its NASDAQ listing and are therefore cannot be identified on the balance sheet. An independent valuation conducted at the time valued the division at $ 25.0 million.
NGVS technology allows heavy duty vehicle engines to operate efficiently on compressed natural gas. The core of the NGVS is the Electronic Control Unit (ECU) that monitors a wide range of engine parameters. This results in a natural gas engine providing the same power, torque and drivability characteristics of an equivalent diesel engine while simultaneously achieving low fuel consumption and extremely low exhaust emissions.
ACE stands to benefit from the GST package where the Australian government is providing $ 75.0 million in subsidies for conversion to natural gas engines commencing in July 2000. Revenue potential over four years is $ 40.0 million.
ACE was recently awarded funding of $2.5 million under the Federal Government's alternative fuels program. The grant is for the testing, certification and supply of 25 natural gas buses through the Department of Transport WA and DaimlerChrysler utilising AEC's NGVS. The successful completion of the project could lead to AEC becoming the NGVS supplier for the total Western Australian fleet of 848 buses and will provide a springboard for AEC to utilise its NGVS on natural gas fleets around Australia.
Elizam...Today looks like another day of "Blood in the Streets"
For all stocks even Intel is down $13.00 at the last time I looked. I think we are doing the "October Dip". I wonder if there is any month with out a so called "Dip".
CRSRS....WOW....So nice to see you here. Welcome to investorshub....IHUB.....I hope you come back. This is a very peaceful place and growing by the day. We will have real time quotes soon, and so much more. It was so nice of you to come. Yes, I loved the new verson of market analysis, very cute. Thanks for the fun link.
ljoeo...Good afternoon. No, no news love, no rumors, except what is already floating around. I have closed my ears to rumors and only believe in news releases and sometimes doubt that......LOL....LOL. All is quiet on the Western Front.
ljoeo, you tickle me.......you say you "breathe for Oil"??? Lost me there love, have no idea what you mean. It is always a pleasure to hear from you.
Dontgivup...Sure does. However, there it is in black and white.
I don't know what to think about all this. All that is left is to wait and see. I was able to average down to 13.00 when we hit the really lows. I could average down more, but not sure I want to put anymore into this. If I lose out now it won't be big damange....just a good lesson....LOL. So I will just sit tight, and wait.
Press Release Tuesday September 19, 9:12 am Eastern Time
http://biz.yahoo.com/bw/000919/or_webtren.html
New WebTrends Distributor Education Program Certifies First 34 Worldwide Partners
Certification training empowers partners to meet global demand for eBusiness Intelligence and Management systems
PORTLAND, Ore.--(BUSINESS WIRE)--Sept. 19, 2000-- WebTrends® (Nasdaq:WEBT - news), the leading provider of Enterprise Solutions for eBusiness Intelligence and Visitor Relationship Management (VRM)(TM), announced its worldwide Distributor Certification Program and the certification of its first 34 participating partners from Europe, Asia and South America.
The new program is the latest initiative by WebTrends to raise the global standard of sales, technical support and professional consulting services being offered to enterprise customers through WebTrends' worldwide partner channels.
The Distributor Certification Program requires partners to undergo a series of professional training courses and exams from WebTrends certified trainers. The program offers three areas of focus for certification: sales and marketing, technical support and professional services. Upon successful completion of the certification program, partners become recognized as a WebTrends Certified Distributor. Partners who achieve certification are positioned to provide WebTrends' industry-leading innovations and expertise to their customers, helping them meet the demands brought on by the ever-evolving eBusiness environment.
``As a WebTrends certified partner in Australia, DNA is now positioned to provide even higher quality services to customers in one of the world's top eCommerce markets,'' said Munsoor Khan, director of Digital Networks Australia (DNA). ``Through this new program, we are increasing the value of our partnership and raising expectations in our market. And as we further develop our expertise through certification, we become better prepared to provide WebTrends customers with the industry-leading solutions and services they need in Australia's growing market.''
WebTrends Enterprise Solutions provide over half of the Fortune 500 with the ability to analyze and manage their eBusiness systems. Providing enterprise customers with quality local service and support is a vital investment for both WebTrends and its partners, ensuring that customers can leverage eBusiness solutions anywhere in the world.
With over 45,000 customers worldwide, WebTrends remains at the forefront of the North American eBusiness market -- the world's largest. The company has invested in its distributor certification program to empower its worldwide channel partners, transferring the expertise and experience WebTrends has gained since its incorporation in 1993. This knowledge transfer enables partners to globally implement solutions and accelerate their customers' eBusiness successes.
``To ensure that our customers achieve success with WebTrends solutions and services, it is vital that we build the capabilities of our distribution partners through a worldwide education and certification program,'' said Andy Kim, international marketing director at WebTrends. ``As eBusinesses evolve and the adoption of WebTrends Enterprise Solutions continues to grow globally, our worldwide channel certification program will evolve in kind, empowering our partners to deliver leading-edge eBusiness Intelligence and Management solutions.''
WebTrends Invests in Expanded Global Reach
WebTrends has formed strategic technology and channel partnerships around the world. The company sells and markets its products to over 45,000 customers through direct and indirect channels in over 35 countries. These customers represent almost half of Fortune's Global 500 and a variety of industry sectors, including finance, telecommunications, automotive, retail, securities and government.
In June 2000, WebTrends announced the acquisition of OpenSoft Communications Ltd. and opened WebTrends UK Ltd., the company's first office outside the US. The opening of a direct office provides WebTrends with the opportunity to further strengthen WebTrends' product portfolio, professional services and product support in the UK.
WebTrends also recently added two new global channel partners -- Summit InfoTech of India and Afina Sistemas of Mexico, a new WebTrends Certified Distributor. According to eMarketer's March 2000 eGlobal Report, it is projected that the global eCommerce market, including B2C and B2B spending, will grow rapidly from $233.4 billion today to over $1.44 trillion dollars in 2003. Adding strategic channel partners in emerging markets and offering them ongoing certification and training helps deliver WebTrends solutions to meet this exploding market demand.
About WebTrends
Founded in 1993, WebTrends Corporation (http://www.webtrends.com) is the leading provider of Visitor Relationship Management and eBusiness Intelligence solutions for Internet and intranet servers and firewalls.
WebTrends offers organizations a comprehensive set of solutions that are integrated, scalable, modular, and easy to use. Products include CommerceTrends, WebTrends Enterprise Reporting Server, WebTrends Enterprise Suite, WebTrends Professional Suite, WebTrends Log Analyzer, WebTrends Security Analyzer, WebTrends Firewall Suite and WebTrends Live, the industry's first Web traffic analysis eService. They are used by thousands of customers such as ISPs, ASPs, government and educational institutions and corporate clients that include American Express, AT&T, Cable & Wireless, Comcast, Dow Jones & Company, EDS, Firstar, IBM, Microsoft, NASA, NCR, Pharmacia & Upjohn, PSINet, Verio, marchFIRST, and UUNet.
WebTrends' many strategic partners include Allaire (Nasdaq:ALLR - news), Cable & Wireless, Check Point Software, Cisco Systems (Nasdaq:CSCO - news), Hewlett Packard (NYSE:HWP - news), Internet Dynamics, Lotus Development, Lucent Technologies (NYSE:LU - news), Microsoft (Nasdaq:MSFT - news), Novell (Nasdaq:NOVL - news), Oracle (Nasdaq:ORCL - news), Vignette (Nasdaq:VIGN - news) and WatchGuard Technologies.
WebTrends is a registered trademark of WebTrends Corporation. Visitor Relationship Management and VRM are trademarks of WebTrends Corporation. All brands or product names mentioned are or may be trademarks of, and are used to identify products and services of, their respective owners.
--------------------------------------------------------------------------------
Contact:
WebTrends Corporation
Bill Schneider, 503/294-7025 x 2362
bschneider@webtrends.com
http://www.webtrends.com
or
Nancy A. Taffera-Santos, 503/294-7025 x 2201
Ntaffera-santos@webtrends.com
http://www.webtrends.com
New Tel Cites Set-Up Costs For $8.2M Yr EBITDA Loss
Tuesday, September 19, 2000 06:11 PM
http://www.quicken.com/investments/news/story/djbn/?story=/news/stories/dj/20000919/BT20000919004392.htm&symbol=NWLL
NEW YORK (Dow Jones)--New Tel Ltd. (NWLL, news, msgs) reported negative earnings before interest, taxation, depreciation and amortization for the year ended June 30 of $8.2 million, or AU$15 million.
The company's total revenue for the year was AU$11.3 million. Its total operating loss was AU$16.5 million.
In a press release Tuesday, the company said the losses reflect the cost of building the network infrastructure for its carrier network as well as expenses related to recruitment and day-to-day operations. The carrier network began operations in July 1999.
Further information was not immediately available.
New Tel provides telecommunications services in Australia and Asia.
-Tim Paradis; Dow Jones Newswires; 201-938-5388
New Tel reported a fiscal year loss of AU$38.3 million, compared with a loss last year of AU$22.1 million.
Total revenue for fiscal 1999 was AU$4.7 million.
One U.S. dollar is equal to 0.54 Australian dollars.
Quote for referenced ticker symbols: NWLL
© 2000 Dow Jones & Company, Inc. All Rights Reserved.
Press Release
http://biz.yahoo.com/prnews/000919/new_tel_sa.html
Tuesday September 19, 3:47 pm Eastern Time
SOURCE: New Tel Limited
New Tel Limited Announces Year-End Results and Five Hundred Percent Increase In Sales Revenue
PERTH, Australia, Sept. 19 /PRNewswire/ -- New Tel Limited (Nasdaq: NWLL - news) today announced its year-end results for the year ending June 30, 2000. New Tel's CEO Peter Malone said, ``New Tel made substantial progress in its move to become a global telecommunications and Internet group, particularly with the commencement of operations of the Company's Australian telecommunications carrier business on July 1, 1999, and the development of the Company's China Internet Project.''
Highlights of the year included:
* Over 500 percent increase in sales revenue;
* Almost 500 percent increase in assets to AU$103 million
(US$55.77 million);
* Cash reserves of AU$63 million (US$34.11 million);
* Achievement of over 35,000 customers in the first year of telecom
operations;
* Completion of a high technology satellite network linking New Tel's
Sydney switch facility and Perth's satellite earth station with China;
* Commencement of the development of a leading Internet business in China
in conjunction with Xinhua;
* EBITDA of -AU$15 million (-US$8.12 million) consistent with the
establishment of New Tel's new telecommunications business during the
year and the development of the China Internet Project.
New Tel's year-end financial results reflect initial set up costs for the establishment of the Company's telecommunications carrier business, which commenced operations on July 1 of 1999, including network infrastructure, administrative, billing, financial and recruitment expenses, as well as the normal day to day operating expenses.
The Company secured 35,000 customers since commencement of operations. This core customer base is generating over AU$1 million (US$545,100) in revenue per month and New Tel is now gearing up advertising and marketing programs to grow the Company's core business.
In the past year New Tel focused on two key business areas, each of which are providing solid revenue growth streams for the Company: international telephony services and mobile calling services.
The long distance international telephony service division is strong, particularly the Australian customer base calling into the China region. New Tel plans to continue development of this market and other selected destinations, with the capacity to greatly expand the services utilizing its switch facility.
The mobile services division is proving to be an equally strong value driver for the Company, with the potential to gain solid market share in this rapidly growing market. The mobile phone services market is highly competitive, however New Tel has a competitive wholesale cost structure and the sector continues to provide New Tel with strong profit margins. The Company expects to gain additional revenue through fixed wire to mobile calls.
These areas are providing a solid foundation for the Company's business model, and are enabling the Company to target multiple specialized community groups. Targeting these community groups allows the Company to cross-sell services amongst different customer bases. In addition, New Tel will be introducing local calls and ISP services shortly, providing further revenue sources.
During the year, New Tel completed the construction of its international gateway switch and satellite earth station facilities. The Company commenced initial operations based on switching traffic to China and located its first carrier international gateway switch in Sydney. The Siemens EWSD carrier grade switch connects to gateway switches in China by dedicated satellite links.
New Tel also entered into several Interconnect agreements with other Australian based carriers and is currently progressing formal negotiations to allow direct connection to the Australian PTSN.
Through its China Internet Agreement with Xinhua signed in November 1999, New Tel has commenced structuring, financing and development of a leading Internet Portal and Service Provider business in conjunction with official Chinese Government agencies.
Under the agreement between New Tel and Xinhua, Xinhua will provide access to the Chinese Internet market through a number of joint ventures, together with future opportunities, in exchange for shares in New Tel. In addition, New Tel intends to raise AU$200 million to develop and commercialize the existing joint ventures and other opportunities in the future.
New Tel will acquire a company that provides technical and other value added services to the joint ventures for which it will receive fees. New Tel will also acquire a portal business that will have access to the content of Internet Content Provider (ICP) joint ventures together with access to the subscribers to the ISP business. The portal will be a significant revenue source in its own right.
Full details of the Internet Project will be included in the Information Memorandum and Independent Experts' report to shareholders to be announced upon completion of the final due diligence review that is currently underway.
In the mobile data communications products area, New Tel continued to penetrate the courier and transport markets. As previously announced, New Tel is considering the public listing of this subsidiary during the second half of the current fiscal year.
During the past year almost 50 million shares were issued by New Tel adding AU$89million (US$48.19 million) to the Company's cash base. The Company has also announced its intention to raise an additional AU$200 million through the placement of shares and/or American Depositary Receipts as part of the China Internet Project.
In February, New Tel's subsidiary Advanced Engine Components Limited (AEC) listed on the Australian Stock Exchange. The public offering was three times oversubscribed - reflecting the market's recognition of the unique worth of the computerized engine technology developed over the past decade. New Tel currently owns approximately 85% of AEC and its investment is valued at over AU$40 million (US$21.66 million).
In summary, New Tel is in a strong financial, operational and strategic position. The Company has over AU$100 million in cash and liquid assets and a developing revenue base. The Board of Directors fully expects that current business strategies will create even more shareholder value over the coming financial year.
New Tel Limited is a rapidly growing Australian telecommunications company listed on the Australian and NASDAQ stock exchanges. New Tel launched operations July 1, 1999 and provides national, international and mobile telephony and data services with emphasis on serving Asia, particularly China.
Exchange rates for September 18, 2000: US$1=AU$0.5415.
Contacts: Peter Malone New Tel Limited Tel. 618-9244-1166
Anne McBride The Anne McBride Co. Tel. 212-983-1702
New Tel Limited:
Consolidated Profit and Loss Account, (Equity Accounted,) in Australian
Dollars: AU$0.5415=US$1
Year end Year end
June 30, June 30,
2000 1999
Sales or
equivalent operating revenue 6,331 1,052
Other Revenue 5,012 3,656
Total Revenue 11,343 4,708
Operating Profit (Loss)
before abnormal items and tax (19,083) (5,985)
Abnormal items before tax (1,581) 0
Operating Profit (Loss) before tax (17,502) (5,985)
Less Tax (1,039) 488
Total Operating Profit (Loss)
and extraordinary items after tax (16,463) (5,497)
Total Available for appropriation (38,255) (22,139)
Retained Profits
(Accumulated Loses) (38,255) (22,139)
New Tel Limited:
Consolidated Balance Sheet in Australian Dollars: AU$0.5415=US$1
Year end Year end
June 30, June 30,
2000 1999
CURRENT ASSETS
Cash 63,359 7,751
Receivables 2,909 421
Investments 9,189 1,648
Inventories 400 493
Other 654 371
Total Current Assets 76,511 10,684
NON CURRENT ASSETS
Receivables 15 47
Investments in associates 0 0
Other investments 463 0
Inventories 0 0
Other property, plant and 0 0
equipment 6,054 1,078
Intangibles 13,517 10,353
Other - China Internet Project 6,783 0
Other 135 106
Total non current assets 26,967 11,584
Total Assets 103,478 22,268
CURRENT LIABILITIES
Accounts Payable 6,045 1,663
Borrowings 418 42
Provisions 320 150
Other 59 2,276
Total current liabilities 6,842 4,131
NON CURRENT LIABILITIES
Accounts Payable 0 0
Borrowings 2,131 0
Provisions 112 1,078
Total non current liabilities 2,243 1,078
Net Assets 94,393 17,059
EQUITY
Capital 132,535 39,202
Reserves 29 210
Retained Profits
(accumulated losses) (38,255) (22,139)
Total Equity 94,393 17,059
SOURCE: New Tel Limited
helios....This board has nothing to do with the way you make money in the stock market. It is just a place where posters can post mesages with out having personal attacks lodged against them.
There are all sorts of ways to make money in the market. Day trading, shorting, swing trading, short term and long term. Those are only the ways to lose or make money that I am aware of. It is up to the investor to know when to buy and when to sell.
What ever your method is, I do hope you enjoy the message boards here at IHUB. My mission here is to make sure that personal attacks and a few other undesirable things do not happen and if they do, to eliminate them. We try to maintain a peaceful and happy place for all.
Good luck to all in all your trades.
OT..ljoeo...Not to worry that happens to all of us at some time or another. I am always joyed at seeing you. Thanks .
Found this at NWLL/NWL website:
http://www.newtel-limited.com/newtel/pr_frm.html
13 September 2000
Company Announcements Office
The Australian Stock Exchange Limited
Exchange Centre
20 Bond Street
Sydney NSW 2000
By Facsimile: 1300 300 021
Dear Sir/Madam
PRELIMINARY FINAL REPORT FOR THE YEAR ENDING 30 JUNE 2000
New Tel Limited is pleased to submit its preliminary financial report for the year ending 30 June 2000.
Over the past year New Tel has made substantial progress in its move to become a global telecommunications and internet group, particularly with the commencement of operations of New Tel's Australian telecommunications carrier business on 1 July 1999 and the development of the Company's China internet project. Highlights of the period include:
Over 500 per cent increase in sales revenue
Almost 500 per cent increase in assets to $103 million;
Cash reserves of $63 million;
Achievement of over 35,000 customers in the first year of operations;
Completion of a high technology satellite network, linking New Tel’s Sydney switch facility and Perth’s satellite earth station with China;
Commencement of the development of a leading Internet business in China in conjunction with Xinhua;
EBITDA of -$15.6 million consistent with the establishment of New Tel's new telecommunications business during the year and the development of the China Internet program.
Start of telecommunications carrier operations
New Tel's telecommunications carrier commenced operations on 1 July 1999 and the financial results reflect initial set up costs for the establishment of the business, including network infrastructure, administrative, billing, financial and recruitment expenses, as well as the normal day to day running costs of the operation.
The Company has secured 35,000 customers over the period. This core customer base is generating over $1 million in revenue per month and New Tel is now gearing up advertising and marketing programs to increase customer numbers and revenue.
In the past year New Tel has focused on two key business areas, each of which are providing solid revenue streams for the Company:
International telephony services division
Long distance international telephony services is a New Tel strength, particularly the Australian customer base calling into the China region. The Company will continue to develop this market and other selected destinations, with the capacity to greatly expand the services utilising its switch facility.
Mobile services division
This is proving to be an equally strong value-driver for the business, with the potential to gain solid market share in this rapidly growing market. The mobile phone services market is highly competitive however the sector continues to provide strong profit margins and New Tel has a competitive wholesale cost structure. In addition, New Tel expects to gain additional revenue through fixed wire to mobile calls.
These areas are providing a solid foundation for the Company’s business model that is enabling New Tel to target multiple specialised community groups and cross sell services amongst customers. In addition, New Tel will be introducing local calls and ISP services shortly, providing further revenue sources for the Company.
During the year, New Tel completed the construction of its international gateway switch and satellite earth station facilities. The Company commenced initial operations based on switching traffic to China and located its first carrier international gateway switch in Sydney. The Siemens EWSD carrier grade switch connects to gateway switches in China by dedicated satellite links.
During the year, New Tel has entered into several Interconnect agreements with other Australian based carriers and is also currently progressing formal negotiations to allow direct connection to the Australian PSTN.
China Internet Operations
Through its China Internet Agreement with Xinhua signed in November 1999, New Tel has commenced the structuring, financing and development of a leading Internet Portal and Service Provider business in conjunction with official Chinese Government agencies.
Under the agreement between New Tel and Xinhua, Xinhua will provide access to the Chinese internet market through a number of joint ventures, together with future opportunities, in exchange for shares in New Tel. In addition, New Tel intends to raise $200 million to develop and commercialise the existing joint ventures and other opportunities in the future.
New Tel will acquire a company that provides technical and other value added services to the joint ventures for which it will receive fees. New Tel will also acquire a portal business that will have access to the content of the Internet Content Provider (ICP) joint ventures together with access to the subscribers to the ISP business. The portal will be a significant revenue generator in its own right.
Full details of the Internet project will be included in the Information Memorandum and Independent Experts report to shareholders to be announced upon completion of the final due diligence review that is currently underway.
Mobile communications
In the mobile data communications products area, New Tel continued to penetrate the courier and transport markets. As previously announced, New Tel is considering the public listing of this subsidiary during the second half of the current financial year.
Capital Raisings
During the year almost 50,000,000 shares were issued by New Tel adding $89 million to the Company’s cash base. The Company has also announced its intention to raise up to a further $200 million through the placement of shares and/or American Depository Receipts as part of the China Internet project.
Investments
In February New Tel's subsidiary Advanced Engine Components Limited (AEC) listed on the Australian Stock Exchange. The public offering was three times oversubscribed reflecting the market's recognition of the unique worth of the computerised engine technology developed over the past decade. New Tel currently owns approximately 85% of AEC and its investment is valued at over $40 million.
In summary New Tel is in a strong financial, operational and strategic position. The Company has over $100 million in cash and liquid assets and a developing revenue base. The Board of Directors fully expects that current business strategies will create even more shareholder value over the coming financial year.
Yours faithfully
PETER MALONE
CHIEF EXECUTIVE OFFICER
Bikeboy...let us know if you find out please. eom
Found this on another message board by VK. Need Acrobat Reader for this.
http://www.asic.gov.au/pdf00/00-365.pdf