Nice write up here:
"http://iexchange.lycos.com/ii/sl?s=196608&pid=1/Ttku4jXQDSaMvTu.1SRr&src=lycosquote"
Steven Richardson on WINCHESTER MNG <p>
Stock: WNCR $0 1/16 +0.005 (+4.76%) <br>
WINCHESTER MNG <br>
12:59 PM (EST) 07/03/2000 <br>
All market data delayed at least 20 minutes More Reports by Steven Richardson<p>
More Reports on WNCR <br>
Back to the Home Page <p>
Analyst: Steven Richardson <p>
Posted: 6/11/2000<p>
WNCR will be $3.60 by 9/11/2000 <br>
(WNCR was $0.15 on 6/11/2000) <br>
money making machine climb aboard NOW$$$$$<p>
The Company has signed a Letter of Intent with MULTIPLEX RACEWAY SYSTEMS, INC. (MRS), by which The Company will acquire a minority share position in MRS, INC., in exchange for the partial funding of MRS', FIBER OPTIC R & D PROJECT. The Company also retains an option to acquire additional shares in MRS which would raise their minority position to an approximate twenty five (25) per cent level. Terms of the agreement are $500,000 U.S. and two million shares of Winchester Mining Corp. As funding is received by The Company, monies will be held in escrow until the completion of the full $500,000 U.S. payable to MRS. MRS, INC., is a U.S. Corporation registered in the State of Washington and headquartered in Vancouver, B.C., Canada, whose stated mission is to: Research, develop and commercialize a fiber optic solution - a Plug and Play "Optical Access System" (OAS) -- based on proprietary technology proven to be theoretically viable. FIBER OPTICS: Fiber optics, by greatly expanding the ability to transmit more information at higher access speeds, is one of the hottest technology areas of the 1990s. Investment firms, venture capitalists, industry and governments have been drawn to this area, having recognized its potential to revolutionize business and social communications in the early 21st century. However, there is a limiting characteristic of fiber optic systems that currently places severe restrictions on system access. Namely, fiber optic systems are point to point systems that cannot be "tapped". In other words, to place a computer or printer or other device at a particular place on an optical cable requires the system to be terminated at that point. Various arrangements are available to tap into a fiber optic cable, or to access the data streams, but these involve connections at a fixed location where the cladding on the cable has been removed and the cable bent to permit light to escape. Such arrangements do not permit access to the signal at a randomly selected location along a continuum. There is, therefore, a need for a continuous 'optical access system' for providing multiple access to a fiber optic transmission at infinitely variable locations along a continuum within a building structure. THE PROJECT (OAS): The vision of MRS and their design development partner Fitch, is to develop a "plug and play" means of accessing a fiber optic distribution system and delivering, with relative ease and reasonable cost, 'fiber to the desk'. Initial researches into the various aspects of the project have revealed no terminal weaknesses or conceptual flaws. The market potential for such a development among business, communications and public sector enterprises is simply immense. MARKET OPPORTUNITY FOR MRS' OPTICAL ACCESS SYSTEM The Optical Access System promises flexible access to fiber optically transmitted signals in a more cost effective and efficient manner. This has the advantages of: - Decreasing the costs of peripheral access to fiber optic systems. - Making access to fiber optic systems easier. - Reducing the time required to access fiber optic delivery within a system. "As hardware and components to support fiber continue to decline in cost and demand for bandwidth and distance rises, it can be said that for many corporations and institutions the deployment of fiber optics technology is only a matter of time". - Thien H. Mai, University of Maryland Graduate School of Management & Technology THE TEAM: Fitch: Project Leader. Fitch, is an international business and design consultancy with offices in, Columbus, Ann Arbor, Boston, San Francisco, Singapore, Osaka and London, and representatives in France, and Taiwan. It has over forty years of experience helping companies to achieve "business success by design". Fitch, works in partnership with its clients to develop new products, create or refresh brands, and build environments in response to their customers needs. Fitch is part of the Lighthouse Global Network (www.lgn.com) Some of Fitch's clients include ABB, AT&T, America Online, Apple Computers, British Telecom, Compaq, General Electric, IBM, LG Electronics, 3M, Microsoft, Mitsubishi, Siemens and Sun Microsystems. (www.fitch.com) Sarnoff Labs: Sarnoff partners and clients gain access to a top technical staff drawn from disciplines as diverse as physics, materials science, combinatorial chemistry, molecular biology, IC design, and mechanical engineering. This team files an average of two patent applications every week. Their work has won four Emmys, two 1998 R&D 100 Awards, and many other marks of recognition. (www.sarnoff.com) PHASE I: MRS, INC., is about to enter the 'Proof of Concept' phase of the Project. Upon successful completion of this phase, further prototyping, and extensive marketing research, would be initiated. <p>
Remember to Invest Wisely! <p>
© Copyright 1999 Reuters Limited. All Rights reserved. <p>
Invest wisely. While most Analysts who post reports at iExchange.com are good, well-intentioned folks like the rest of us, it's possible that there may be a few "bad apples" who might include information in their reports that is misleading or just plain wrong. The U.S. Securities and Exchange Commission knows this, and has published some good information on cyberfraud. Check it out at their Web site: <a href="http://www.sec.gov" target="_blank">http://www.sec.gov</a>. In addition, both the NASDR and NASAA have helpful hints on how to invest carefully in cyberspace. Check out their sites at <a href="http://www.nasdr.com" target="_blank">http://www.nasdr.com</a> and <a href="http://www.nasaa.org" target="_blank">http://www.nasaa.org</a>. <br>
iExchange.com does not recommend specific stocks or provide investment advice. You must use your own judgement and reasonable caution in making investment decisions. We are not responsible for editing or monitoring user content posted to Site forums, and we are not a publisher of the postings. You must use your best judgement and reasonable caution in evaluating all postings or other information available on or through the Site. We urge you to read our User Agreement for more information |
