I like HNSP, looks safe around $3.3 Here is DD:
HNSP (former ABYT) went up to $11 last year. It looks like a bottom about $3. It was going down for a long time after they had temporarily withdrawn their Nasdaq application due to some formal issues. They have built a new base about $3.
It looks promising:
* A profitable company with no debt
* management making hard effort
* they are one of a dot.com companies
* stocks flies when it becomes hot and the chart looks good
* now is at recent low after the traders lost patience with it last year
* looks like they have just started a promotion campaign by email (if you email them they will put you on their news-list)
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they are in partnerships with Microsoft and Compaq
hawkassociates.com
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Thursday January 6, 2000
Update for Investors from Anton Stephens, CEO of H-NET.COM
After 16 years as Alpha Bytes, we're now H-NET.COM, Inc. This historic change is as much functional as it is symbolic. During this past year, we have been steadily building the H-NET© brand, first with the announcement and launch of the Internet-based transaction network and then with the announcement and launch of the Internet portal for the vision care industry.
As part of this process, we are creating a strong brand that will be widely recognized and accepted by the vision care industry and ultimately by the broader health care industry. So it was logical that we would take the next step to gain further leverage from this effort by changing the name of the company from Alpha Bytes, Inc. to H-NET.COM, Inc. and changed the ticker symbol from ABYT to HNSP.
In addition to helping us build widespread recognition for the H-NET© brand, the name change also symbolizes the dramatic transformation the company has undergone in the past 12 months. At the end of 1998, Alpha Bytes was basically an enterprise software company providing point of sale software to vision care providers. Today, we are increasingly recognized as an emerging global leader in providing e-commerce business-to-business services for the vision care industry.
We have been active in the past month or so in spreading the word on Wall Street. Alpha Bytes was the only company serving the vision care industry that was invited to present at the prestigious Punk Ziegel Internet Healthcare investor conference in New York in November. We were pleased with our reception and the opportunity to further expand our Wall Street relationships. I also attended the CIBC Oppenheimer investor conference in New York where I met with a number of analysts.
As reported earlier, we are working closely with our investment banker in New York, Sands Brothers, on a number of projects. In order to fully capitalize on the next series of events, we withdrew our application for listing on the Nasdaq SmallCap Market for the time being. We anticipate refiling as soon as possible.
As most observers probably expected, our Q3 results continued to reflect the dramatic investment we are making in changing our business model. Compared with the same quarter a year ago, revenue was lower as we knew it would be because we have deliberately held back software sales until our new Internet-ready enterprise software was market ready. On a sequential basis however, our revenue has grown in the past two quarters and as the rollout of H-NET© picks up steam this should certainly continue. Despite the heavy burden on expenses for R&D and the H-NET© launch, we have managed to maintain profitability, something that has always been a trademark of our company. We also continue to be debt free and to have healthy cash reserves.
Some of you may have noticed that our street address in Buffalo changed. Our expanding sales and marketing organization ran out of space so we had to move to larger quarters, another sign of our expansion.
We are moving ahead with both the transaction network and the portal. Again, my thanks for your continuing interest in H-NET.COM. We will continue to keep you posted on our progress.
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HNSP partners Microsoft and Compaq.
(from their hompage):
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H-NET.COM, Inc. is the global leader in providing e-commerce business-to-business services to the vision care industry. Through H-NET©, the company is providing a one-stop portal for transaction processing, e-commerce, software products, virtual trade shows and continuing education.
The company is the leading provider of enterprise software for the vision care industry including retail opticians, retail chain home offices, optometrists, ophthalmologists and optical labs. The H-NET© Internet-based transaction processing services are designed to dramatically reduce costs and processing time for vision care firms and the industry's insurance providers.
The company's relationship with alliance partners Microsoft Corporation and Compaq Computer Corp. is designed to assure the company of the most powerful solution for and Internet based transaction network that will set the standard of excellence in the Healthcare industry.
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Todays News:
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H-NET.COM Launches Revolutionary 3D Virtual Trade Show For Products/Services
V-Trade to Dramatically Change How Products/Services are Sold
NIAGARA FALLS, N.Y., Jan. 10 /PRNewswire/ -- H-NET.COM, Inc. (OTC Bulletin Board: HNSP - news) today announced the launch of its revolutionary Virtual Trade (V-Trade) show www.h-net.net. Many products for the optical industry are displayed in 3D on this unique new website. Visitors and potential buyers can rotate, zoom and turn displayed merchandise in all directions providing a more realistic display.
Virtual Trade sets a new standard in business to business (B2B) e- commerce. The high quality 3D product images allow buyers to enjoy detail never seen before over the Internet. Purchasing decisions for optical products/services can now be made on the Web, bypassing traditional methods and eliminating travel, meetings and brochures. V-Trade uses the H-NET© transaction processing network to transfer funds, product inquires, credit information and product information from the Trade Show E-commerce site.
Some of the world's leading optical suppliers are participating in the launch. These include Bausch & Lomb, Zeiss, WECO, Symbol Technologies, Hilco, Innova and Centennial Optical. Traditional optical trade shows in 1999 attracted between 400 and 500 vendors.
Anton Stephens, Chairman and CEO of H-NET.COM, said, ``We are dramatically changing how optical products will be sold. H-NET© has solved two major challenges facing E-commerce firms. First, we are overcoming the 'touch and feel' issues of products being marketed via E-commerce. Second, we have established a trade show that is always available with the latest products/services showcased continuously. Companies with new products or services will no longer have to wait months for the next trade show to display and promote them. As an added bonus we have reduced the stress and costs of presenting products to buyers.
``V-Trade, which allows manufacturers to display products/services on the Internet 24 hours a day, 7 days a week, also facilitates and stimulates the sales cycle. Clients can easily visit any vendor, even from home, and swiftly make purchasing decisions. From everything we can see so far, this is a real winner,' Stephens said.
H-NET.COM, Inc. is the global leader in providing E-commerce business to business services to the vision care industry. The company is deploying the H- NET© Internet-based transaction network and its one-stop multi-service Internet portal to as many users in the vision care industry as rapidly as possible. The company's relationships with alliance partners Microsoft Corporation and COMPAQ (Nasdaq: CPQ - news) assure the company of the most powerful solution for an Internet-based transaction network that will set the standard of excellence in the healthcare industry.
For more information about the company visit our website www.h-net.net or contact Christine Stephens at (905) 475-3249. Email info@h-net.net. For copies of press releases, SEC filings, current price quotes, stock charts and other valuable information visit Hawk Associates website www.hawkassociates.com or contact Frank Hawkins or Julie Marshall, Hawk Associates, Inc. at (305) 852-2383. Email: info@hawkassociates.com.
SOURCE: H-NET.COM, INC. |
