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Technology Stocks : NWLL

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To: Francois Goelo who wrote (74)1/4/2000 8:45:00 PM
From: Coachman  Read Replies (3) of 265
 
The Last Trading Halt was a voluntary one as with the ASX Australian Stock Exchange Continuous Disclosure asx.com.au

Here is a copy of their last Company Announcement of a trading halt, Notice the date 11/23/99***************** The SAME day the company Initially annouced its Plans to be China's leading ISP/PORTAL Check biz.yahoo.com ****************************************

Company Announcements Office
The Australian Stock Exchange Limited
Exchange Centre
20 Bond Street
Sydney NSW 2000

By Facsimile: 08 9221 2020

Dear Sir

TRADING HALT

New Tel Limited hereby requests a trading halt on the company?s securities under Listing Rule 17.1.

New Tel Limited requests the trading halt because:

New Tel Limited has finalised Heads of Agreement with Xinhau Holdings Limited to establish China?s foremost Internet Service Provider (ISP) and China / English language portal.

New Tel limited intends to announce the launch of the internet services in China at a press conference in Sydney at 11.30 am EST on Tuesday 23 November 1999.

New Tel Limited requests the trading halt continue for the period permitted by the Listing Rules of the Stock Exchange or until the Company announces on ASX the detailed announcement on the China Internet Services.

New Tel Limited is not aware of any reason why the trading halt should not be granted.

Please confirm your agreement to grant the trading halt requested.

Yours faithfully

CRAIG PIERCY

COMPANY SECRETARY
...............................................

Now take a look at the Trading History of New Tel

host.cnbc.com

Now to me there appears to be more GOOD NEWS on the Horizon
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