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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 (20388)12/1/1999 5:27:00 PM
From: Francois Goelo  Read Replies (1) | Respond to of 52051
 
S.W, MoViNg MiCrOs: HRCT+48%, INVT+35%, MRTO+21%, FRTI+16%, PHMG+13%... FG



To: Stock Watcher who wrote (20388)12/1/1999 5:50:00 PM
From: Francois Goelo  Read Replies (1) | Respond to of 52051
 
S.W, INVT: InvestAmerica Inc. - Optica Communications Group Inc. -

Announces Details of Business Plans for the Next Twelve Months...


PARK CITY, Utah--(BUSINESS WIRE)--Dec. 1, 1999--InvestAmerica Inc. (Optica Communications Group Inc.) (OTCBB:INVT - news) Wednesday announced details of its business plans for the next twelve months.

Brian Kitts, director of the company, stated, ''Our plans to build value for our shareholders over the next twelve months are very aggressive. We have defined three major areas of activity that will each make a substantial impact on the overall value of the company.

''These three areas are dark fiber sales, bandwidth sales, and acquisition of complementary companies that will complete and enhance our service offerings to our customers.

''Our strategy for dark fiber sales is to form a consortium of companies to participate in the purchase and lighting of fiber along selected strategic routes that will eventually include all of North America with further connections to Europe, Asia, and South America in that order.

''Our fee for creating and managing the consortium will be 10% to 15% of the value of the fiber. We will receive this in cash or in dark fiber strands for our own use or a combination of the two. Approximately twenty consortia will be required to cover all of North America. In this way, we will create our own network with a worldwide footprint.

''Further income will be derived from the lighting and ongoing maintenance of the fiber network.''

Kitts added, ''We have identified four major high traffic routes that we will develop in the coming year. The total value will depend on the size of each consortium and the number of fiber strands acquired. The target value of the initial four routes is $125 million. Negotiations are already underway for $30 million of this capacity.

''Our plan is to complete the consortium within six months with the lighting of the fiber taking place in the second half of the year.

''Bandwidth will be created by the lighting of the fiber and the addition of an ATM network layer. Once this is complete in the second half of the year, we can implement our bandwidth strategy of offering various bandwidth services to our target customer base of Second-tier Carriers, Local Exchange Carriers, and ISPs.

''Our third area of focus for the upcoming year is acquisitions and joint ventures. We hope to complete several acquisitions in the upcoming months that will complete and expand our service offerings and add value to our customers purchasing dark fiber and bandwidth. We are currently conducting due diligence on three separate opportunities with projected closing dates within thirty to ninety days.

''If completed, they will add significant value to the company in the form of assets and significant recurring revenue. Details will be released when firm contracts are finalized.''

Statements about the company's future expectations and all other statements in this press release other than historical facts are ''forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933, Section 21E, of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995.

The company intends that such ''forward-looking statements'' be subject to the safe harbors created thereby. Since these statements involve certain risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

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

InvestAmerica Inc. (Optica Communications Group Inc.)
Brian Kitts, 801/808-6096




To: Stock Watcher who wrote (20388)12/1/1999 7:04:00 PM
From: TWICK  Read Replies (2) | Respond to of 52051
 
FFTI earnings. WOW !! siliconinvestor.com

Twick



To: Stock Watcher who wrote (20388)12/1/1999 11:55:00 PM
From: Kevin Clarke  Read Replies (1) | Respond to of 52051
 
SW, here are some of my picks under $2 for the couple of weeks at least.
quote.yahoo.com



To: Stock Watcher who wrote (20388)12/2/1999 9:59:00 AM
From: Jetta  Read Replies (1) | Respond to of 52051
 
ImaginOn(IMON) Strikes Distribution Agreements for Representation in Japan and China
Thursday December 2, 7:45 am Eastern Time
Company Press Release

Agreements With Tokyo Based AiCube and Hong Kong Based IMONHK Will Bring ImaginOn's Entire Range of Products to Customers in Asia
SAN CARLOS, Calif.--(BUSINESS WIRE)--Dec. 2, 1999-- Moving to extend the reach of its technology and products to one of the Internet's fastest growing geographic regions, ImaginOn, Inc. (NASDAQ: IMON - news; www.imaginon.com) today announced that it has entered into agreements with two companies that will, effective immediately, begin distributing its technology and products throughout Japan, Hong Kong and the Peoples Republic of China. The two companies are Tokyo based AiCube and Hong Kong based IMONHK.

``Asia is widely projected to experience an explosion in Internet usage over the next two years,' ImaginOn Chief Executive Officer David Schwartz said today. ``These two distribution agreements will help to ensure that our proprietary technology and products will be in position to capitalize on this expected growth. We believe that our Internet television and Internet CD systems will play a major role in advancing the use of the Internet throughout Asia.'

Recently, ImaginOn announced that it had been selected by Sony Computer Entertainment, Inc. to provide its middleware technology, ImaginOn's ImaginAuthor authoring tool, to developers creating content for the Internet-enabled PlayStation2 computer entertainment system. In Schwartz's view, the agreement with Tokyo based AiCube (www.aicube.com), a leading PC graphics and software development tools company in its own right, will enable ImaginOn to provide PlayStation2 content developers with local support.

IMONHK, which is being launched this month, is a joint venture distribution company formed by an investment group composed of Unbelievable Development Ltd., and Bostonian Associates Ltd., both based in Hong Kong, and ImaginOn. Under the terms of the joint venture agreement, the Hong Kong companies are investing the funds to launch IMONHK in return for exclusive distribution rights to Hong Kong and the Peoples Republic of China. According to Schwartz, ``Our Hong Kong partners are well connected in the telecommunications and Internet marketing fields, which I believe will result in the rapid deployment of ImaginOn technology there.' Commenting further on the venture, IMONHK Managing Director Simon Yeung noted that, ``We are very pleased to develop the market for ImaginOn software in Hong Kong and China. Our goal is to create a profitable future for our joint venture.'

Coincident with the completion of its Asian distribution agreements, ImaginOn today also announced that it was taking additional steps to increase its operating efficiency as it increases the market reach for its technology and products. ``In keeping with our continuing drive to increase our marketing efforts, as illustrated by this Asian initiative, while maximizing our operating efficiency, we have closed our Aspen Colorado office and will continue that digital production work in our San Carlos office,' Schwartz commented.

ImaginOn, Inc., operating through its wholly-owned subsidiary, ImaginOn.com (www.imaginon.com) is an information technology company focused on developing and marketing broadband Internet television systems. IMON.comTV, ImaginOn's Internet television system, is a licensed turnkey package that enables any Website to present an interactive television console within a standard browser window on any suitably connected computer. The IMON.comTV interactive television console offers its users video on demand, video that branches under user-command, automated Web searching, and many additional features customized for individual licensees. The company's objective is to deliver Internet television to anyone and everyone who wants to communicate, entertain, inform, educate or market in a new way for a new era of interactive communications. IMON.comTV is a trademark of ImaginOn.com and is also protected under U.S. Patents.

Except for the historical information presented herein, the matters set forth in this press release are forward-looking statements within the meaning of the ``safe harbor' provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks include acceptance of ImaginOn software by developers and users, the successful development of competitive software to ImaginOn's, competitive pricing pressures for ImaginOn software and services, and the availability of financing to complete management's plans and objectives. In addition, other risks are detailed in the Company's periodic reports and in its Form S-3/A-2 registration statement declared effective by the Securities and Exchange Commission on April 26, 1999. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.

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

Griffin Public Relations & Marketing
Bob Griffin, 212/481-3456
Bgriffin@griffinpr.com