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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 273.87-1.1%3:59 PM EST

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To: Rolla Coasta who wrote (20082)11/29/1999 10:20:00 AM
From: Stock Watcher  Read Replies (3) of 52051
 
Ernest; here's a full reprint of ADVC info. from RB (which, if true) sounds like the upward trend will continue:

"The following is a brief summary of ADVC:

ADVC (U.S. company) owns 70% of AUSTRALON (Australian company) which has the ELON based technology of their LonWorks products which are adopted by CISCO SYSTEMS for their "Industry Standards" which varies anywhere from household products to wireless internet applications.

ADVC's major technology is SpectruCell, which will gather all protocols (current and future) and channel the Data/VoiceIP/Video, etc... through the most cost efficient/fastest/best possible way (Currently there is no product comparable/similar to SpectruCell on the market). They have been working on SpectruCell for over 3 years and should start marketing by April-June of 2000. The CEO stated he has a meeting with CISCO SYSTEMS next month to discuss AUSTRALON (and Spectrucell?).

They have been/are currently working on SpectruCell with the staff of Royal Melbourne Institute of Technology in Australia with funding from Price Waterhouse Cooper which recently commenced a memorandum to raise an additional US$12-13 million (IPO) by January 2000. The Australian government will provide additional US$12-13 Million grant (not a loan).

ADVC is raising 2 separate $25 Million Fundings in the U.S. (I believe the CEO has stated that he has already signed a letter of intend with one of the funding).

ADVC owns World IP which has international gateways throughtout South America with monthly revenue of $1 million.

Recently signed a $60 Million (annual) contract with a London based company (News release next week)!

Final negotiation stages of reverse merger with a NASDAQ company ($6 per share and $10 Million in bank account and no debt). Possible news release in 1-2 weeks.

Final (if not completed) stages of acquiring several other telecommunication companies. Possible news release in 1-2 weeks.

New officer who used to be with AT&T/Lucent (News release next week).

I hope you do your DD on ADVC and wish you the best. Next week ADVC will rock!"
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