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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (17187)10/22/1999 2:57:00 PM
From: Frederick Langford  Read Replies (1) | Respond to of 52051
 
This week I'll take SIFY

The Next Indian AOL Hits the U.S. Market
Tuesday, October 19, 1999
By Jeffrey R. Hirschkorn
IPO.com

It's hard to tell how any initial public offering would do in this marketplace, but new issue experts feel that India-based Internet service provider Satyam Infoway should perform to expectations. Formed in November 1998, after the ISP market was deregulated in India, Satyam ranks second in terms of customers behind Videsh Sanchar Nigam, a government-owned entity.

Pricing 4.18 million American Depositary shares tonight at $18, at the high-end of revised price talk through an underwriting team comprised of Merrill Lynch and Salomon Smith Barney. Proving that the deal was the apple of everyone's eye, Merrill Lynch increased the range last week to $16-$18 a share, up $12-$14. Each ADS represents one overseas share.

The second largest national provider of Internet access and services to consumers and businesses in India, based on the number of customers as of Aug. 31, 1999, analysts foresee an extremely solid debut. Similar to China.com, Satyam Infoway is tapping into a virtually unoccupied market.

Debuting earlier in the year, China.com offered 4.2 million shares at $20 through Lehman Brothers and turned in a remarkable first-day gain of 233%. At a recent quote of 49 1/2, CHINA has connected in the aftermarket with a return of nearly 150%. Therefore, with both issues tapping developing markets, analysts expect Satyam to take off upon inception.

Boasting a customer base of over 77,000 as of Aug. 31, other business models Satyam is involved in include corporate network and technology services and on-line portal and content offerings. The company reports that during August, its six web sites (news, personal finance, movies, music and automobiles) generated roughly 6.5 million page views.

IT consulting firm International Data Corp. projects that the installed personal and network computer base in India will grow at an average rate of 44% annually from 1.9 million in 1998 to 8.2 million in 2002. Moreover, IDC predicts that the number of Internet users in India will grow 76% annually to 4.5 million in 2002 up from 500,000 last year.

Looking back at the overall IPO market this year, there was another India-based issue to hit the U.S. market trail. Offered in March at $34 through Banc of America Securities, Infosys Technologies, a software developer has really scorched in the marketplace. After posting a modest first day gain of 38%, at a recent quote of 153, the stock has risen an incredible 350% and 309% over offering and opening prices, respectively.

"Turning back to the newest Indian company planning to come public in the U.S. IPO market, Satyam Infoway is now hot, according to IPO experts," said John E. Fitzgibbon Jr., new issue analyst at Red Herring Online in a recent profile of Satyam



To: Stock Watcher who wrote (17187)10/22/1999 3:06:00 PM
From: CIMA  Read Replies (1) | Respond to of 52051
 
ECIC - Big Hitter Enters The Picture:

Friday October 22, 11:58 am Eastern Time
Company Press Release
Khashogi Makes Initial Investment of $2 Million In Eagle Capital
BOCA RATON, Fla.--(BUSINESS WIRE)--Oct. 22, 1999--Eagle Capital International, Ltd. (OTCBB: ECIC - news) - Eagle Capital International, Ltd. is pleased to announce that Motasem Khashogi of Saudi Arabia has made the first part of a significant investment in Eagle Capital. The Shemano Group of San Francisco acted as the placement agent on behalf of Sabre Capital Management of Dallas for the transaction. To further underscore his commitment, Mr. Khashogi has asked for and received two seats on the Eagle Capital Board of Directors.

''For Eagle Capital to be able to attract someone of Mr. Khashogi's caliber and reputation are clear signs that Eagle is building a world class organization,'' said Eagle President & CEO Anthony D'Amato.

Besides the financial and Board commitments, Mr. Khashogi will be instrumental in developing high level contacts to further sales of the Insulated Masonry System in the Middle Eastern countries through our relationship with Arabian Masonry Systems, the licensee for that region.

The Private Securities Litigation Reform Act of 1995 provides a ''safe harbor'' for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Eagle) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Eagle. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors.

--------------------------------------------------------------------------------
Contact:

Eagle Capital International, Ltd.
Anthony D'Amato, 561-988-2550

--------------------------------------------------------------------------------



To: Stock Watcher who wrote (17187)10/22/1999 3:13:00 PM
From: Dave Heibeck  Read Replies (1) | Respond to of 52051
 
S.W.

Lets see if I can screw this up.

For list one I recommend:

WPNE: It has a great chart. I have personally used CUSeeMe
and they are the undisputed leader in the teleconferencing industry. They announced the release of server software that will allow inclusion of video on websites that are bidirectional.

AXC: Ampex has become an internet TV play by becoming a holding company consisting of iNEXTV parent of TVontheWeb.com, TV1.com, aentv.com and soon to open EXBTV.com. Hugh Downs and Lenard Nemoy have recently joined the team. Ampex is also parent company of Ampex Data Systems and MicroNet Tech. Many rumors abound, but the next sixty days hold many news releases and earnings. The chart looks terrible, but this is as solid a bottom as you will find. Looking GREAT for the remainder of the year and forward.

PIC of the Week:

PCES has a nice chart and a great speculation play
(Thanks to the poster of this stock)

Dave



To: Stock Watcher who wrote (17187)10/22/1999 3:14:00 PM
From: RCJIII  Read Replies (1) | Respond to of 52051
 
SW, IR confirms, very positive PR due Monday for ISRI.

Therefore, it is my pick of the week for next week.

MIGR also.

RCJIII



To: Stock Watcher who wrote (17187)10/22/1999 3:35:00 PM
From: KZAP  Read Replies (1) | Respond to of 52051
 
The SETO rumor is.........?

Great looking Friday!
Everyone enjoy your weekend.

KZAP



To: Stock Watcher who wrote (17187)10/22/1999 5:03:00 PM
From: CrayUSA  Read Replies (1) | Respond to of 52051
 
SW,, my pick of the week is MCKC. IPO today and did nothing. Nice company, telecom business, very good underwriters, only 3.4 million float. SCRM and NAVI stole the show and with recent market jitters/plus Friday MCKC was overlooked.

Check out this press release from summer to get an idea of where they are headed: voice over IP very very big...

Press Releases

MCK Communications Introduces Remote Voice
Products for Broadband Networks

New Suite of Packet Network Products will Extend PBX
Voice Across Next-Generation Broadband Networks

NEWTON, Mass., June 28, 1999 -- MCK
Communications, Inc., the leading provider of remote
voice solutions for telecommuters, remote call center
agents, executives and branch offices, today outlined its
plans to provide a suite of remote voice over packet
network (RVoPN) products. These new products will
make it possible for companies to provide
enterprise-wide, integrated voice and data
communications, delivered to remote employees over
broadband networks. In related news, MCK announced
it is working with broadband equipment manufacturers
and DSL service providers, including Copper Mountain
Networks (NASDAQ: CMTN), Paradyne Corporation,
3Com Corporation (NASDAQ: COMS), NorthPoint
Communications Group, Inc. (NASDAQ: NPNT),
Rhythms NetConnections Inc. (NASDAQ: RTHM) and
HarvardNet, to provide value-added PBX products that
deliver a richer functionality beyond basic Voice over IP
(VoIP) dialtone. (See related release today: "MCK
Communications Provides Value-Added Remote Voice
Applications for Broadband Service Providers," June 28,
1999).

The initial suite of products that enable PBX
connectivity to the corporation, includes single- and
multi-user remote voice client devices and gateways.
The EXTender 3000 for IDSL, the IP EXTender 4000
and the Branch Office EXTender 6000 are CPE devices;
the PBXgateway IP, which terminates the client devices
is located at the corporate PBX site. All of these products
are in trial now. (See related release: "MCK
Communications and Copper Mountain Networks
Partner to Deliver First Simultaneous Voice and Data
Connectivity Over IDSL," May 3, 1999).

"Broadband networks will be a key enabler in making
possible the 'Extended Enterprise' -- extending not just
the data network but all of the corporation's voice
capabilities to remote workers," said Woody Benson,
president and CEO of MCK Communications.
"Extending PBX voice systems via broadband networks
provides remote employees with the exact same tools
that corporate workers enjoy on their desktops, along
with all the performance, reliability and other features
customers have come to expect from their existing PBX
systems. Our DSL offering is just the first phase of our
packet voice initiative."

Remote Voice Over Packet Networks (RVoPN)
All of MCK's remote voice solutions employ MCK's
proprietary Remote Voice Protocoltm (RVP) technology
to deliver seamless voice calls and PBX functionality,
over either a circuit switched (traditional telephone
network) or packet switched (data network)
environment. In the packet switched environment, MCK
RVoPN products will work with any network, including
T1, xDSL and Cable using VoIP and Voice over Frame
Relay protocols. Voice over ATM support will follow
later in the year.

MCK's RVoPN products have been designed to
accommodate the more complex requirements of
delivering high quality enterprise voice features.
Applications for RVoPN products include extending
corporate PBX services to teleworkers and small branch
offices, extending call center ACD applications to remote
agents and providing unified telephone support across
campus environments.

The first group of MCK's RVoPN products is optimized
for DSL networks. MCK's RVoPN products, in
partnership with DSL service providers, make it possible
to provide not only sufficient bandwidth, but also all of
the features that are required for users to have a business
quality voice experience. In addition to DSL, the
company's remote voice products will support other
applications, including T1, Frame Relay and
PacketCable deployment. (See related release: "MCK
Communications and 3Com Demonstrate Remote Voice
Access to the PBX Over Cable Modem Networks,"
December 1, 1998).

MCK's Remote Voice over Packet Networks Product
Suite
The delivery of RVoPNs requires several components.
Each remote user location requires either an Integrated
Access Device (IAD), which provides connectivity to the
broadband circuit, or a voice client with Ethernet
connectivity to an existing network access device. These
RVoPN client devices interface to the digital phone set
and handle all of the voice compression and signaling
functions. In some cases, they also include remote data
capabilities. MCK's remote user product offerings
include:

EXTender 3000 for IDSL. A single-user, integrated
access device which provides both voice and data
connectivity to the corporation. It has an internal IDSL
network terminator, has user selectable voice
compression and employs RVP over Frame/IP.

IP EXTender 4000. A single-user client device that
provides an Ethernet connection to a customer's external
network access device, such as a DSL modem, IP router
or DOCSIS-compliant cable modem. It offers enterprise
voice and data connectivity, has user selectable voice
compression and employs RVP over IP.

Branch Office EXTender 6000. A multi-user client for
voice connectivity to the corporate PBX for up to 12
digital sets in a small branch office or satellite call center.
The EXTender 6000 requires an external network access
device, such as a DSL modem, IP router or
DOCSIS-compliant cable modem for voice connectivity
to the corporate PBX. It provides user selectable
compression, SNMP support and remote management
capabilities, and works over either circuit or packet
networks.

In addition to the RVoPN client devices, an MCK
gateway product is required at the PBX location. The
gateway product communicates to the PBX via digital
line card interfaces and to the remote clients via
Ethernet. It packetizes and transcodes voice and
signaling, as well as all supported PBX applications, to
and from the remote site devices. The first of MCK's IP
voice gateway products is:

PBXgateway IP. An Ethernet-based, IP-compatible CPE
device installed at the PBX. The PBXgateway IP will
terminate up to 12 MCK IP clients, including the
single-user EXTender 3000 for IDSL, the IP EXTender
4000 and the multi-user Branch Office EXTender 6000
products.

Pricing and Availability
The MCK Remote Voice over DSL product suite is in
trials now and is scheduled to be available for
distribution in Q3, 1999. Suggested list prices ($U.S.) are
$795 for the IP EXTender 4000; $995 for the EXTender
3000 for IDSL; $3,895 for the Branch Office EXTender
6000 and $3,895 for the PBXgateway IP. MCK remote
voice products extend the capabilities of Lucent
DEFINITY, Nortel Meridian and Norstar, and NEC
NEAX and Electra switches. For additional information,
visit MCK's Web site at www.mck.com or call
888-454-7979.

About MCK Communications, Inc.
MCK Communications, Inc. is a privately held company
that provides remote voice solutions for teleworkers and
branch offices. With private equity investment from
Summit Partners and Lazard FrŠres Technology Partners
and a seasoned management team of former executives
of Lotus Development Corp., Sun Microsystems, Bain &
Company and PictureTel, MCK was incorporated in
1989. The company, which is ISO 9001-certified has
earned a reputation for excellence and innovation by
building leading-edge telecommunications products that
enhance customers' Lucent- (NYSE: LU), Nortel- (TSE:
NTL), NEC- (NASDAQ: NIPNY) based networked
voice systems. Headquartered in Newton, MA, MCK has
R&D facilities in Calgary, Canada.

MCK markets its products through a large network of
telecomunications resellers and OEM partners including
Lucent, NEC, Williams Communications Solutions, Bell
Canada (NYSE: BCE), BellSouth (NYSE: BLS), GTE
(NYSE: GTE), Sprint (NYSE: FON), Dacon,
Dictaphone, Claricom and other value-added resellers.
The company was named one of 1998's fastest growing
private companies by Inc. Magazine, and has received
numerous industry awards for its products, including
four "1998 Product of the Year" awards for its
EXTender 3000-series from Computer Telephony, Call
Center Magazine, Call Center Solutions and CTI
Magazine.

Cray