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.

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

To: RCJIII who wrote (19006)	11/16/1999 11:48:00 AM
From: StkProfit$	Read Replies (1) \| Respond to of 52051

AOXY news.... Yeeeeee and "HAW!!!!!!!!" averaging down suddenly is looking smart, lol. "Advanced Oxygen Technologies to be acquired by EMC Corporation. (BUSINESS WIRE)--Nov. 16, 1999 11:19am est. Advanced Oxygen Technologies (OTC BB:AOXY) announced it has entered into a binding Letter of Intent by billion dollar EMC Corporation (NYSE:EMC) to come under its broad corporate umbrella. The agreement is part of the ongoing efforts by Advanced Oxygen Technologies to significantly expand its Database Management efforts with bigger and more complex clients, something the company could not do without the financial support and influence of internationally known EMC Corporation. Advanced Oxygen Technologies will implement and assist Data General, a Division of EMC Corporation, with Database management implementation and help address y2k concerns by the corporations 63 current clients. Under terms of the agreement, EMC Corporation will acquire all 29,345,900 issued and outstanding shares of Advanced Oxygen Technologies for 32 cents a share which includes all current assets of the public entity, plus previous clientele goodwill for a period of no less than 6 months. The closing date is scheduled for December 2, 1999. Robert E. Wolfe, Chairman of the Board and Chief Executive Officer and Principal Financial Officer of Advanced Oxygen stated: "we are extremely excited to be acquired by EMC Corporation as we feel it was the most efficient and effective way at securing our future as well as rewarding our long term shareholders with a buyout offer 13% higher than we have ever traded in the past 3 years." A general response by EMC Corporation states: "EMC Corporation is pleased to welcome all new corporate entities acquired under our holding umbrella. We feel we can offer more synergistic qualities to data management and implementation companies today in this rapidly evolving environment through acquisition and or merger of tomorrow's potential giants" Advanced Oxygen Technology Inc. (AOXY) is a US corporation publicly traded on the NASDAQ OTC. AOXY's corporate headquarters is located in Midtown, Manhattan, New York, and it's business location is in Santa Clarita, California. AOXY is a CD-ROM publisher/reseller, an event seller, and database management company. Current clients include: Comdex, Vanguard, and Dunn and Bradstreet. About Data General Data General, a Division of EMC Corporation (NYSE:EMC), is a major supplier of enterprise and departmental computing solutions for customers worldwide. The division's products include Microsoft Windows NT- and UNIX-based AViiON servers and related software and services. Strategic alliances with leading software vendors and systems integrators enable Data General to deliver complete solutions that meet customers' business needs for their departments and enterprises. Additional information on Data General, its products and services is available on the Internet at www.dg.com. More information on EMC Corporation, the world's leading provider of enterprise storage systems and software, can be accessed on the Internet at www.emc.com. CONTACT: Data General Brodeur Porter Novelli Eithne Egan Gina Rezendes 508/898-6664 617/587-2839 eithne-egan@dg.com grezendes@brodeur.com "

To: RCJIII who wrote (19006)	11/16/1999 12:11:00 PM
From: Stock Watcher	Read Replies (2) \| Respond to of 52051

RC: NSATF (index #1) + .375 @ 4.69, DSTR + .25 @ 5.38 & ISRI news: International Star, Inc. Issues Corporate Update LAS VEGAS--(BUSINESS WIRE)--Nov. 16, 1999--International Star, Inc. (OTCBB:ISRI - news): Major Purchase Order -- Exceeds $11,000,000 The Company has received its first purchase order from American Consolidators. The order is to equip 1,000 tractors and 5,000 trailers for their trucks operating out of Los Angeles, California and Las Vegas, Nevada. The gross value of this initial order exceeds $11 million. This significant order gives the company strong initial penetration into the lucrative Los Angeles and Las Vegas markets. This transaction was strongly influenced by Qwiktrack's© strong product performance and leasing price point strategies. This is merely an initial purchase order, which may be significantly expanded in the future as dictated by customer need and satisfaction with the product. Sales Financing Qwiktrack is negotiating lease arrangements with American Leasing, LLC of Las Vegas, Nevada. These arrangements will enable Qwiktrack to discount our leasing contracts and operate on a cash flow basis. This will enable The Company to grow without the need for additional capital and unacceptable stock dilution. Further Business Developments Qwiktrack's strategic plan calls for selling approximately 10,000 tractor units and 25,000 trailer units in fiscal 2000. We are currently negotiating distribution with two major entities capable of generating North American sales sufficient to meet our goals. We are also negotiating two major joint venture agreements, one for England and one for the Middle East. If successful, these agreements will add significant additional cash flow from both the buy-in-fees from the Joint Ventures as well as the extra leasing and monitoring income. American Towman Exposition Qwiktrack has been invited by the National Towing Alliance to demonstrate our product on Nov. 19-21, 1999, to the attendees of the Exposition. 22,000 companies will attend representing 200,000 tow operators. This represents a wonderful opportunity for us to show off our product, establish recognition in the industry and cultivate potential sales. Qwiktrack is working with the National Towing Alliance to develop a program for their membership that will provide local and national dispatching, insurance premium reductions, mileage reductions, operating cost reductions and consumer acceptance by providing quicker response time per unit dispatched. Service Qwiktrack is negotiating a contract with a national service provider to install and service our units anywhere in North America. Fully Reporting Status The Company's attorneys and accountants continue moving forward with this time consuming process. We anticipate completing and submitting this filing by Dec. 31, 1999. Qwiktrack Server Computer engineers are progressing nicely with their server beta test procedures. Once successfully tested, the site will be accessible anywhere in the World via the internet. The Qwiktrack.com site will provide the following functions: 1) Real time vehicle/asset tracking demonstrations 2) Sign up procedures/contracts 3) Corporate Updates 4) E Commerce- Credit Card/Automatic Bank withdrawal for leases 5) Complete down loading of customer function performance Conclusions: The Corporate Executive Board is very pleased with our rapid growth and development since shifting our focus to Qwiktrack merely 4 months ago. We are positioning the Company to take full advantage of Qwiktrack's enormous sales opportunities in: 1) The Trucking Sector -- estimated 1.3 million tractors and 5-10 million trailers 2) The Towing Industry -- estimated 200,000 trucks 3) The Auto Industry -- estimated 100 million units 4) Personal Use -- unlimited potential (children, elderly, military, etc.) The above represents merely the North American market. With Qwiktrack's intended international expansion, our opportunities are endless. Reputable industry analysts predict that by the year 2003, almost every vehicle in North America will be equipped with a vehicle location system. We intend to capture significant market share from this trend. Through diligent marketing strategies, quality service, creative financing plans and superior products, we believe we can achieve our goal of becoming an industry leader.