Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SFLK -- Ignore unavailable to you. Want to Upgrade?

To: KS who wrote (1401)	10/4/1999 12:05:00 PM
From: StockDung	Respond to of 1591

Comparative Highlights: Q1 FY 2000 Q1 FY 1999 Change in % Net Sales $324,600 $ 160,400 +102% Gross Profit $267,600 $ 144,700 +85% Wow, since they lost 14 cents and only had a puny 700,000 in revenues seems like they are not telling you anything new. Maybe if they told everyone about the $3,000,000 in equity financing this would make the picture a lot more clearer. Convertible Debentures & Stock Prices dimgroup.com What is a debenture An alternative way to raise capital other than by the issue of shares is to borrow the money by way of debentures. The issue of debentures is a method used by a company for obtaining long term loans. A document or certificate is issued by the company, which acknowledges the indebtedness of a stated sum of money and specifies the rate of interest and repayment date(s) or conditions of repayment. A shareholder participates in any profits of the company which are available for distribution through the medium of dividends which must first be declared before he enjoys any right thereto. A debenture holder on the other hand, receives interest at a predetermined rate which is payable at fixed times, irrespective of whether the company earns sufficient profits. A debenture holder is a creditor of the company in contrast to a shareholder who is a proprietor of a company. Therefore debenture holders rank higher than shareholders in the line for liquidation proceeds. Making a debenture Convertible Often to attract financing a company must make the debenture more attractive. This may take the form of making the debenture a convertible one where the holder could convert the debenture into shares of the company. Additionally, many of these convertible debentures often offer a discount to average trailing price which can range from 65-80%. If the holders of the convertible debentures convert their debentures into stock this acts as an immediate dilution of the outstanding shares often at large multiples. While this factor is important to keep in mind an even more controversial question concerns whether the holder of convertible debentures sell short the shares of the company they hold the debentures in. A common opinion amongst anti Debentures is that the holders of these debentures sell the shares of the company short, helping drive down the price so they can convert their debentures into more shares. Logically such a move would seem practical as this would offer the debt holders a method to regain their capital and maximize their profits. However for holders of the stock this is not good news as the stock price is sure to fall. Pro Debentures however argue that presence of the debenture holders in many cases help the company to survive. It offers capital to a company that in all likelihood, could not obtain alternative more favorable financing. The capital may help pay off immediate company debts, which might have forced the company into bankruptcy or the capital may be used to help fuel expansion that would not otherwise occur. Therefore, the debentures help a company long term. Whether you are for or against this form of financing, it is being used more often. Understanding and discussing the possible implications is of benefit to all.

To: KS who wrote (1401)	10/5/1999 9:44:00 AM
From: Francois Goelo	Respond to of 1591

Softlink Unveils inChorus Pro, Software That Produces the Next Class of Email NEW YORK--(BUSINESS WIRE)--Oct. 5, 1999-- Multimedia Email Created With inChorus Pro Delivers Messages With Impact... Softlink, Inc. (OTC BB:SFLK), the leader in multimedia email technology, today announced the debut of inChorus(TM) Pro, software that takes business communication via email out of the text-only paradigm, straight into high-impact multimedia. Softlink will demonstrate inChorus Pro at Fall Internet World '99, booth 3302. Designed for use in the corporate environment, inChorus Pro is a tool to promote sales, marketing and business-to-consumer communications. "The power of email to reach large numbers of diverse people directly creates a great medium for sales, media publishing and marketing campaigns," said William Yuan, CEO of Softlink. "We're taking that mechanism and raising it to a higher level, allowing people to create and send email rich in voice, sound, graphics, and animation through their chosen email client." Messages created with inChorus Pro can be viewed by any recipient on any platform with no plugins or players required. inChorus Pro's output files combine HTML, Java, and XML technology to create a cross-platform message file format. All Internet browsers that support JavaScript will be able to render this new file format. Softlink's compression software is the enabling technology for the transmission of multimedia-rich content via email, dramatically reducing file sizes to minimize impact on mail servers. With inChorus Pro, Softlink continues to focus on building easy-to-use tools for creating multimedia messages. The user interface is intuitive and provides point-and-click methods for creating animation and synchronizing graphics with sound and voice. Pricing and Availability inChorus Pro will be generally available in the 4th quarter 1999. The price for single purchases starts at $299.00. About Softlink, Inc. Founded in 1996, Softlink, Inc. is an innovator in multimedia-based Internet communications. Using advanced compression and composition technology, Softlink's eMail inChorus and eMail VOICELink products revolutionize conventional text-based email with voice, graphics, pictures, animation, and live annotation. The company is publicly traded, OTC BB:SFLK, and maintains headquarters in Santa Clara, CA. For more information visit the company web site at www.inChorus.com. For Investor Relations, please contact Gerard Damaro at 561/367-0363. Information contained in this press release contains "forward-looking statements" which can be identified by the use of forward-looking terminology. Various risk factors could cause actual results to vary materially from the future results covered in such forward-looking statements, including "competition, the management of our growth and the ability to deliver new products to market on time." Such forward-looking statements are subject to other risks and uncertainties. Note to Editors: eMail inChorus and eMail VOICELink are trademarks of Softlink, Inc. All other trademarks are the property of their respective owners and are acknowledged. --30--kc/sf* dc/sf CONTACTS: Softlink, Inc., Santa Clara Lauren deVries, 408/496-6668 ldevries@inChorus.com