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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 (19261)11/17/1999 11:47:00 PM
From: Rollcast...  Respond to of 52051
 
Thx for the link SW. I'm enjoying the ride.

Hoping ZOZO's next - they're at Comdex with a new product.



To: Stock Watcher who wrote (19261)11/18/1999 12:10:00 AM
From: Mac  Read Replies (1) | Respond to of 52051
 
SHPS: A $299,000,000 profit in a company with a $132,000,000
market cap. ( just with this promotion) Can everyone see the picture?



To: Stock Watcher who wrote (19261)11/18/1999 8:57:00 AM
From: Dave Heibeck  Read Replies (1) | Respond to of 52051
 
ACEI

A China play moving big this morning on news.

clearstation.com

So many have been mentioned, I hope not to be duplicating!

Dave



To: Stock Watcher who wrote (19261)11/18/1999 9:08:00 AM
From: Mr Metals  Read Replies (1) | Respond to of 52051
 
THE NEWEST CHINA PLAY?? GOALS: A 100 MILLION DOLLARS IN 4 YEARS

Applies to -- ECIC

Eagle Announces Commencement of China Contract


BOCA RATON, Fla., Nov 18, 1999 (BUSINESS WIRE) -- Eagle Capital
International Corporation (OTCBB: ECIC) today announced that the joint
venture between its Great Wall New Building Systems subsidiary and
Shuanglong ("Double Dragon") Cement Works of Beijing, Mi Yun, PRC, has
received its business license and formal permission to operate within
the burgeoning Beijing construction market as a supplier of its
proprietary reinforced insulated wall system and as a vendor of
building block and materials to the general market. Great Wall has a
controlling 55% stake in the joint venture. This clears the way for
full scale production to start in January 2000.

Production is slated to begin to supply the construction of 500,000 sq.
meters (5 million square feet) of residential development approved by
the Beijing Mi Yun County Construction Commission using the patented
insulated wall system. The venture will be producing building block for
the general market as well. The company will generate gross revenue
from wall system sales and general market sales of commodity block in
excess of $12 million during fiscal 2000. Based upon current
commitments, gross sales will more then double the following year with
the scheduled installation of a second line. In addition, Great Wall's
PRC partner, Double Dragon, has initiated discussions to replicate the
Beijing operation in northern China's Liaoning Province. These
operations alone will easily surpass Eagle's goal of $100 million in
gross sales from the joint venture over the next 4 years.
Eagle/Great
Wall is also working on plans to roll out the project nationwide in
partnership with the Chinese Building and Technical Bureau.

According to Great Wall's President, Steven Levy, himself a veteran of
10 years of commercial experience in China, the new joint venture will
be a formidable presence in the greater Beijing market and will be the
only supplier of high grade masonry block located within the greater
limits of Beijing.. "There is an unmet need for local source of high
grade masonry for large scale building in and around Beijing, and we
are now it," says Levy. "With the phase out of red clay brick for
environmental reasons and improvements in building standards,
particularly for large scale industrial complexes and new residential
development, there is serious shortage of supply and we decided to
double our production run in response to our customer's demands.
China's accession to the WTO can only intensify this demand. Within 4
months, we will be running virtually around the clock."

Great Wall's joint venture partner, Double Dragon, is a self sustaining
enterprise under the Beijing municipality, produces 400,000 metric tons
of cement annually and has earmarked approximately 20% of its
production for the venture with Great Wall. The two projects contracted
for first use in China of the insulated wall system are a six story
residential development developed by Double Dragon and a group of
vacation villas which were commissioned by the Mi Yun area's tourist
development authority. The Mi Yun Lake district's expansive reservoir
is the major source of water supply for Beijing and a major tourist
attraction, including sections of the Great Wall newly opened for
tourism.

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.

Copyright (C) 1999 Business Wire. All rights reserved.

Distributed via COMTEX.
-0-
CONTACT: Eagle Capital International, Ltd.
Anthony D'Amato, 561/988-2550

WEB PAGE: businesswire.com

GEOGRAPHY: FLORIDA TEXAS CALIFORNIA INTERNATIONAL

INDUSTRY CODE: BUILDING/CONSTRUCTION

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