Replies to post #188 on CBQ, Inc. (China Business Quotient) (fka CBQI)

[Georgia Bard]

CBQI-Transaction Log 12/18-23/00

CBQI-Transaction Log 12/18/00	 
 					 
  3:39:58	 900 	 0.330 	Mid		 
  2:08:43	 200 	 0.300 	Bid		 
  1:50:16				0.3000-0.4000	50x50 
  1:50:05	 2,500 	 0.400 	Ask		 
 12:15:58				0.2600-0.4000	50x50 
 12:15:14	 10,700 	 0.270 	Bid		 
 12:05:13	 500 	 0.375 	Mid		 
 12:05:13	 3,000 	 0.375 	Mid		 
 12:02:14				0.2700-0.4000	50x50 
 12:01:06				0.2700-0.4300	50x50 
 12:01:01	 5,000 	 0.344 	Bid		 
 12:00:59				0.2812-0.4300	50x50 
 12:00:54				0.2812-0.4350	50x50 
 12:00:51	 1,300 	 0.359 	Mid		 
 12:00:43	 3,000 	 0.400 	Mid		 
 10:39:52	 1,000 	 0.344 	Bid		 
 10:26:18	 1,800 	 0.400 	Mid		 
 10:26:09	 5,000 	 0.370 	Mid		 
 10:26:00				0.3437-0.4350	50x50 
 10:25:00	 5,000 	 0.380 	Bid		 
 10:24:39	 8,000 	 0.380 	Bid		 
 10:24:22	 5,000 	 0.380 	Bid		 
 10:17:38	 300 	 0.380 	Bid		 
 10:13:39	 1,000 	 0.380 	Bid		 
  9:43:44				0.3800-0.4375	50x50 
  9:43:36	 10,000 	 0.380 	Bid		 
  7:30:48				0.3800-0.4687	50x50 
 					 
 Trades	 18 				 
 Changes	 9 				 
 Volume	 64,200 				 
 Ask	 2,500 				 
 Mid	 15,500 				 
 Bid	 46,200 				 
 Over	 (28,200)				 
 					 
 					 
 CBQI-Transaction Log 12-19-00	 
 					 
  3:39:09	 2,500 	 0.390 	Ask		 
  3:39:09	 200 	 0.390 	Ask		 
  3:39:09	 200 	 0.390 	Ask		 
  3:39:09	 200 	 0.390 	Ask		 
  3:39:09	 7,500 	 0.390 	Ask		 
  2:18:42	 200 	 0.380 	Mid		 
  2:18:42	 200 	 0.380 	Mid		 
  2:18:42	 1,000 	 0.380 	Mid		 
  2:18:42	 3,000 	 0.380 	Mid		 
  2:10:48	 2,000 	 0.327 	Mid		 
  2:09:44	 2,500 	 0.390 	Ask		 
  1:26:15	 2,500 	 0.360 	Mid		 
 12:50:18	 10,700 	 0.270 	Bid		 
 12:23:20	 100 	 0.270 	Bid		 
 12:20:54	 2,000 	 0.270 	Bid		 
 11:40:02	 1,000 	 0.280 	Mid		 
 11:40:02	 1,000 	 0.270 	Bid		 
 11:38:06				0.2700-0.3900	50x50 
 11:37:54	 1,000 	 0.300 	Bid		 
 11:24:59				0.3000-0.3900	50x50 
 11:11:21	 1,000 	 0.300 	Bid		 
 10:58:19	 700 	 0.300 	Bid		 
  9:33:22	 1,500 	 0.300 	Bid		 
  9:31:18	 800 	 0.300 	Bid		 
  9:31:18	 2,400 	 0.300 	Bid		 
  8:20:19				0.3000-0.3900	50x50 
  7:30:43				0:3000-0.4000	50x50 
 					 
 Trades	 23 				 
 Changes	 4 				 
 Volume	 44,200 				 
 Ask	 13,100 				 
 Mid	 9,900 				 
 Bid	 21,200 				 
 Over	 1,800 				 
 					 
 CBQI-Transaction Log 12-20-00 
 					 
  3:37:53	 3,200 	 0.344 	Mid		 
  3:37:47	 3,200 	 0.313 	Bid		 
  3:37:42				0.2700-0.3900	50x50 
  3:34:01				0.3125-0.3900	50x50 
  3:33:57				0.2812-0.3900	50x50 
  3:33:54				0.2700-0.3900	50x50 
  3:28:29	 300 	 0.281 	Bid		 
  2:57:46	 2,000 	 0.281 	Bid		 
 12:23:00	 1,000 	 0.281 	Bid		 
 12:16:25	 2,500 	 0.281 	Bid		 
 11:58:29				0.2812-0.3900	50x50 
 11:58:25				0.2700-0.3900	50x50 
 10:50:09	 200 	 0.270 	Bid		 
 10:28:05	 100 	 0.270 	Bid		 
 10:23:54	 700 	 0.270 	Bid		 
 10:23:50	 2,300 	 0.344 	Mid		 
 10:23:50	 2,300 	 0.344 	Mid		 
 10:23:49	 3,000 	 0.344 	Mid		 
  9:36:07	 1,000 	 0.270 	Bid		P 
  7:30:49				0.2700-0.3900	50x50 
 					 
 Trades	 13 				 
 Changes	 7 				 
 Volume	 21,800 				 
 Ask	 -   				 
 Mid	 10,800 				 
 Bid	 11,000 				 
 Over	 (200)				 
 					 
 CBQI-Transaction Log 12-21-00 
 					 
  3:54:19	 1,200 	 0.300 	Mid		 
  3:53:19	 600 	 0.281 	Bid		 
  3:20:05	 5,000 	 0.350 	Ask		 
  3:19:53				0.2812-0.3600	50x50 
  3:19:45	 3,700 	 0.320 	Mid		 
  3:19:09	 5,000 	 0.281 	Bid		 
  3:18:58	 5,000 	 0.330 	Ask		 
  3:18:45				0.2812-0.3500	50x50 
  3:18:23	 5,000 	 0.330 	Ask		 
  3:13:12	 500 	 0.281 	Bid		 
  2:57:56	 200 	 0.281 	Bid		 
  1:15:42	 1,000 	 0.344 	Mid		 
  1:14:30				0.2812-0.3300	50x50 
  1:14:01	 5,000 	 0.281 	Bid		 
 12:21:02	 1,000 	 0.281 	Bid		 
 12:05:00	 500 	 0.281 	Bid		 
 11:40:04	 3,000 	 0.350 	Ask		 
 11:25:05				0.2812-0.3500	50x50 
 11:24:50	 2,100 	 0.350 	Ask		 
 11:10:34	 200 	 0.270 	Bid		 
 10:52:12	 1,000 	 0.300 	Mid		 
 10:51:48	 1,200 	 0.270 	Bid		 
 10:37:48				0.2700-0.3500	50x50 
 10:37:26				0.2700-0.3600	50x50 
 10:30:37	 2,000 	 0.270 	Bid		 
 10:06:00	 200 	 0.270 	Bid		 
  9:44:44				0.2700-0.3700	50x50 
  9:44:36				0.2700-0.3900	50x50 
  9:35:18	 1,000 	 0.270 	Bid		 
  9:35:18	 100 	 0.270 	Bid		 
  9:31:30	300	 0.270 	Bid		 
  7:30:49				0.2700-0.3900	50x50 
 					 
 Trades	 23 				 
 Changes	 9 				 
 Volume	 44,800 				 
 Ask	 20,100 				 
 Mid	 6,900 				 
 Bid	 17,800 				 
 Over	 9,200 				 
 					 
 					 
 CBQI-Transaction Log 12-23-00									 
  3:56:46	 2,500 	 0.260 	Bid		 
  3:44:05	 2,500 	 0.260 	Bid		 
  3:44:05	 5,000 	 0.270 	Bid		 
  3:43:58	 1,000 	 0.281 	Mid		 
  3:43:52				0.2600-0.3300	50x50 
  3:43:31				0.2700-0.3300	50x50 
  3:43:31				0.2700-0.3125	50x50 
  3:41:52	 4,000 	 0.281 	Ask		 
  3:41:43				0.2700-0.2812	50x50 
  3:35:01				0.2700-0.3300	50x50 
  3:32:01	 4,000 	 0.270 	Bid		 
  3:05:22				0.2700-0.3400	50x50 
  3:05:12	 2,500 	 0.281 	Bid		 
  1:32:16	 500 	 0.300 	Mid		 
 12:39:24	 500 	 0.281 	Bid		 
 10:30:30	 100 	 0.281 	Bid		 
 10:29:04				0.2812-0.3400	50x50 
 10:28:59	 5,000 	 0.281 	Bid		 
  9:35:35	 100 	 0.281 	Bid		 
  7:30:50				0.2812-0.3600	50x50 
 					 
 Trades	 12 				 
 Changes	 8 				 
 Volume	 27,700 				 
 Ask	 4,000 				 
 Mid	 1,500 				 
 Bid	 22,200 				 
 Over	 (16,700) 
  
 Gary Swancey - CIIR				 
  
  
 

[Da !]

TWilliamM, the way I look at the North American units of CBQ is as the distribution arm of the Chinese programming resources. Adding on acquisitions here will serve to enlarge the distribution base. It may also serve to add intellectual property---i.e., products and services that the Chinese resources can help to build and customize. Ideally, as these acquisitions are added, CBQ will keep the key knowledge base and shed excess capacity. Most software companies have a lot of programmers who actually implement the company's solutions for their clients. CBQ has a wealth of these resources in China. I would also like to see CBQ acquire a company that has demonstrated expertise in software outsourcing---ideally in utilizing foreign-based resources.

[MIDLFIASCO]

Of course, and I believe they've come to the conclusion that Quantum's base has to become much larger.....bob