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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Glenn who wrote (26828)4/13/1999 12:06:00 AM
From: Wascally Wabbit  Read Replies (1) of 90042
 
Hi Glenn, Dawg, Tim, thread,
Its been a great couple of weeks.
Still lurking and learning, wish I had more time during the day to contribute to the fun.
still holding FORE for, well we all know why were holding FORE.
out of PAIR during last weeks fun, in and out of MI twice, in and out of ESPI once, CYCH twice, missed WCAP, bummer, DELL 3 times (each for a point loss, I can't time DELL !),
I posted this one last week (SOF), I have not yet bought in yet, keep waiting for a dip, news from last weekon Y!Financial:

SoftNet Systems, Inc. Announces Expected Move From American Stock Exchange (Amex: SOF) To Nasdaq Stock Market (Nasdaq: SOFN)

SAN FRANCISCO, April 7 /PRNewswire/ -- SoftNet Systems, Inc. (Amex: SOF - news), leading provider of high-speed Internet access and content, today announced that it expects its common stock will begin trading on the Nasdaq Stock Market under the ticker symbol Nasdaq: SOFN effective Wednesday, April 14, 1999.

''This is an important move for SoftNet,'' said Dr. Lawrence B. Brilliant, SoftNet's president and chief executive officer, ''because the Nasdaq provides an excellent trading environment for fast growing Internet service companies with whom we compete and compare.''

This transfer to Nasdaq is subject to the expected shareholder approval of certain proposals at the company's annual meeting to be held Tuesday, April 13, 1999.

About SoftNet

SoftNet Systems, Inc. is a leading high-speed broadband Internet access and content services company focused on partnering with small to mid-sized cable operators. Through its ISP Channel, the company provides a complete turnkey Internet service to partnering cable affiliates, similar to the services of @Home (Nasdaq: ATHM - news).

Complementing ISP Channel's affordable high-speed Internet service, is it's LOCALE, a series of local user-friendly community e-commerce, information and entertainment portals built around local retailers and community organizations in service areas of each participating partnering cable affiliate. In addition, through SoftNet's Intellicom subsidiary, the company markets a satellite-based VSAT high-speed commercial Internet link. SoftNet's unique cost-saving technology infrastructure includes Intellicom VSAT satellite links to the company's network operations center (NOC), which replace more expensive terrestrial telecommunications data lines.

SoftNet's NOC is located in Silicon Valley, while it's corporate headquarters is located in San Francisco. For further information about SoftNet and services, please visit softnet.com and ispchannel.com.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this news release that may be considered forward-looking statements may be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected, including uncertainties and other risks detailed from time to time in the Company's Securities and Exchange Commission filings.

SOURCE: SoftNet Systems, Inc.

obviously do your own DD on this one, its been a pretty amazing run so far.
I'll probably continue to lurk until I have more time to contribute during the day.

Peace all & good trading
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