Eicon Technology Gains 44.83% on News of Negotiations To
Be Acquired
VANCOUVER, BRITISH COLUMBIA--SEPTEMBER 29, 2000 - 09:14 EDT
EquityAlert.com, Inc.
(www.EquityAlert.com), one of the largest re-distributors of
public company and mutual fund news alerts, today forwarded free
real time news alerts on a wide range of Toronto Stock Exchange
(TSE) stocks.
Among the active issues available to our real time news alert
subscribers on Thursday, September 28th, were Eicon Technology
Corp. (TSE: EIC) and Nortel Networks Corp. (TSE: NT).
Eicon Technology Corp. gained 44.83% after announcing that its two
major shareholders are negotiating the terms of a proposed
transaction with I-data International pursuant to which they would
tender their shares of Eicon to a CDN$5.00 cash take-over bid for
all of the shares of Eicon.
Nortel Networks Corp. issued a press release announcing contracts
valued at an estimated US$525 million for new wireless network
build out expected to serve up to 17 million subscribers in
Greater China.
Additional recent real-time news alerts available to
EquityAlert.com subscribers included Microforum Inc. (TSE: MCF),
itemus inc. (TSE: ITM) and Image Processing Systems Inc. (TSE:
IPV).
EquityAlert.com's real time public company news alerts is a free
service that allows pro-active investors to receive email news
alerts on the stocks they own or plan to own, thus allowing them
to take advantage of potentially significant price moves that
often follow time-sensitive news announcements.
For more information on these and other actively traded issues on
all major US markets, please visit our Web site located at
www.EquityAlert.com.
ABOUT EQUITYALERT.COM
EquityAlert.com, a wholly owned online asset of EquityAlert.com,
Inc. (Symbol: EINC), is one of the largest communities of online
investors from around the world who receive real time news alerts
on US and Canadian stocks, mutual fund news and information
alerts, insider trading, earnings estimates and reports, broker
consensus opinions, SEC filings, IPO information alerts and much
more.
EquityAlert.com's real time public company news alerts are a free
service that allows pro-active investors to receive email news
alerts on the stocks they own or plan to own, thus allowing them
to take advantage of potentially significant price moves that
often follow time-sensitive news announcements.
For additional information about EquityAlert.com, please visit our
Web site at www.EquityAlert.com or contact Gurm Kundan at
604-659-5009.
DISCLAIMER
This press release may not contain the full text of the press
released or report issued by or about the named companies;
moreover, although the summary herein is derived from, and subject
to all disclaimers contained in, the press release as provided to
us by third party sources believed to be reliable, we make no
representation or give any assurance as to the accuracy or
completeness of either the summary contained herein or the
material upon which such summary is based; accordingly, all
information contained herein about such companies should be
independently verified by you. We are not an investment advisor
and do not purport to suggest which companies our Subscribers
should monitor, purchase or sell. This release is not intended to
convey any investment advice; any designation of this release as
an "Investment Opinion" is made not by us but by the entity
distributing this release over which we have no control.
News alerts are only forwarded to our Subscribers as requested and
only for informational purposes. Typically, in addition to the
requested information about the company which our Subscriber is
monitoring, the news alerts contain an advertisement describing a
product, service or company for which we receive a fee, at our
normal advertising rates of $55 per 1,000 alerts (subject to
volume and other discounts) from the advertising company. One or
more of the companies named in this release may have been or may
be, at some future date, an advertising company.
This release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and section
21E of the Exchange Act of 1934, as amended by Public Law 104-67
and is subject to safe harbor created by these sections. Actual
results, performance or achievements could differ materially from
those anticipated in such forward-looking statements, which
involve numerous risks and uncertainties, including the Company's
ability to continually expand its subscriber base and opt-in email
lists, market its services to potential advertisers, the
regulatory environment in which the Company operates, future
acceptance of the Company's services, and other factors described
in the Company's filings with the Securities & Exchange
Commission.
Our complete Subscriber agreement and disclaimer may be viewed at
www.equityalert.com/home/disclaim.asp |
