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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (17737)	7/13/1999 2:50:00 PM
From: mike mulhearn	Respond to of 25711

Thanks Joe :>)

To: Joe Copia who wrote (17737)	7/13/1999 2:57:00 PM
From: Dave Swanson	Respond to of 25711

Joe, Looks like a big increase in sales here.(Lots of Oders..) -------------------------------------------------------------------------------------------------------------------------------------------- Tuesday July 13, 12:17 pm Eastern Time Company Press Release White Electronic Designs Corporation Receives Orders Totalling Over $18M In Third Quarter Fiscal 1999 PHOENIX--(BUSINESS WIRE)--July 13, 1999--White Electronic Designs Corporation (Amex:WHT - news), a leading innovator in the design and manufacture of high performance semiconductor packaging and ruggedized flat panel AMLCD solutions, announced today that it has received oders for in excess of $18 million during its fiscal 1999 third quarter, which represents a 37% increase over the combined bookings of White Electronic Designs and Electronic Designs, Inc. during the same period in fiscal 1998. The Company expects these orders to be shipped over the next three to nine months. ''Our quarter to quarter growth rate for new orders continues and is currently expanding at over 10% per quarter. In addition, our backlog continues to grow,'' said Hamid Shokrgozar, President and CEO of White Electronic Designs Corporation. Shokrgozar continued, ''This improvement in bookings is the result of the successful implementation of the Company's new sales strategy and the accomplishments of our sales teams for each of our business segments. We are moving forward in our stated direction of achieving significant market share in our target markets.'' White Electronic Designs creates innovative solutions for the design and manufacture of high-density memory products, enhanced processor multi-chip modules (MCM's) and ruggedized flat panel displays; interface devices; storage and retrieval and electromechanical assemblies for OEM's in the commercial and military markets, for applications in telecommunications, data communications and aeronautical and aerospace. Headquartered in Phoenix, the Company has manufacturing facilities in Arizona, Massachusetts and Indiana. To learn more about White Electronic Designs Corporation's business, visit its website at www.whiteedc.com. This news release, other than the historical financial information, contains forward-looking statements. Future results of operations involve risk and uncertainties including, but not limited to the Company's ability to maintain production levels, price its products competitively and obtain new orders, trends in customer outsourcing and competition from suppliers with greater resources than those of the Company. Actual results therefore may vary materially. -------------------------------------------------------------------------------- Contact: CONTACTS: White Electronic Designs Corp. Hamid R. Shokrgozar 602/437-1520 or Cameron Associates Michael Brod 212/245-8800 -------------------------------------------------------------------------------- More Quotes and News: White Electronic Designs Corp (AMEX:WHT - news) Related News Categories: computers, semiconductors -------------------------------------------------------------------------------- Help -------------------------------------------------------------------------------- Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments?

To: Joe Copia who wrote (17737)	7/13/1999 3:26:00 PM
From: InOverMyHead	Read Replies (1) \| Respond to of 25711

Joe, Here is an oil stock you may want to take a look at. I am in @ .14 Abacan Closes Private Placement ofCommon Stock July 13, 1999 10:45 AM CALGARY, ALBERTA--(BUSINESS WIRE)--July 13, 1999-- AbacanABACF CA:ABC Abacan Resource Corporation NASDAQ announced today that it has closed a private placement of 6,666,668 common shares at a price of U.S.$0.15 per common share (Cdn.$0.23 per common share) for gross proceeds of U.S.$1,000,000. The private placement was subscribed for by two U.S. institutional investors. The institutional investors have advised the Corporation that additional near term funding of up to $U.S.2,000,000 may be available for the Corporation's on-going operations, at the investor's discretion pursuant to future private placements at prices and at terms to be agreed upon between the Corporation and the investors. The proceeds of the private placement will be used by the Corporation to fund (1) the ongoing costs of negotiating the previously announced Power Purchase Agreement with the governments of Benin and Togo; (2) the costs of negotiating and finalizing one or more farmout or participation agreements for the Corporation's other properties in Nigeria and Benin; and (3) for general corporate purposes. Certain statements in this News Release constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Abacan Resource Corporation is an oil and gas exploration and development company with properties in West Africa. IOMH