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Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT) -- Ignore unavailable to you. Want to Upgrade?

To: fortitude who wrote (447)	12/13/1999 3:13:00 PM
From: interesting man	Read Replies (1) \| Respond to of 2413

In a way laurap, I am hoping the ambulance chaser is right about a pullback. I really would like to get some more (cheap) before the IPO.

To: fortitude who wrote (447)	12/13/1999 3:16:00 PM
From: fortitude	Respond to of 2413

write up and t.a. from internetnews.com Hartcourt Companies (OTC BB: HRCT) is a holding company (they will be filing their application for NASDAQ listing this month) which through its ventures in China, provides online trading, ISP and financial information. The Company has set its goal to be the world's leading Internet ISP and Online Trading (and related financial services) firm to the Asian community. HRCT will be announcing a new Board of Directors in January 2000. HRCT intends on offering an IPO with their ISP (Innostar) to Asia within the next 12 to 18 months. Preparations are also being made for the IPO offering of Sinobull in February 2000. HRCT's new international growth strategy has focused on acquiring companies in the Internet sector - specifically in China and Asia (the company is modeling the CMGI platform). For more information you can visit their website hartcourt.com. The Stochastics crossed above the strong 75 mark November 3rd. Since that time, it has remained very strong and now currently heading towards its most positive peak of the year. The RSI is way above the strong 70 mark with a slight leveling off its most recent positive peak. The current price has been leading the upper Bollinger Band to new highs, and just crossed slightly below the upper band Friday. There has been moderate Insider selling from October-December. The MACD crossed into positive territory October 5th and has remained up since. It is currently on its highest peak of the year with slight leveling indications. Momentum crossed positive on October 20th and is now on its highest peak of the year. The current price is way above the 30-day (7) Moving Average. The NVI has been heading up recently but now leveling off. The OBV looks to be in line with the current price. The PVI is below the current price and level. This has been a very strong performer with a lot of interest in the China Internet market. Take a look at the chart.

To: fortitude who wrote (447)	12/13/1999 8:00:00 PM
From: Sir Auric Goldfinger	Respond to of 2413

More BFD from the Good Dr.: "Sinobull.com Engaged Ernst & Young for IPO Business Plan LOS ANGELES--(BUSINESS WIRE)--Dec. 13, 1999--The Hartcourt Companies Inc. (OTC:HRCT) (Frankfurt:HCT), www.hartcourt.com, today announced that Sinobull.com has engaged the international accounting and consulting firm, Ernst & Young, to prepare an Information Memorandum required by the IPO underwriter and legal authorities. The business plan is expected to be completed by the end of January 2000. Sinobull.com is the holding company that controls UAC Online Stock Trading and Financial Telecom Ltd. Sinobull.com is acquiring 3 other Internet operations, including 50 percent of StreamingAsia.com, to create a premier financial portal and service company in Chinese Internet. Sinobull.com is planning for an IPO during the first quarter of 2000. Major American and Chinese strategic partners are expected to join Sinobull.com in the IPO. Hartcourt's mission is to become the leading Internet company in Asia. Besides the Sinobull.com project, Hartcourt is also a Joint Venture partner with Innostar Hi-Tech of Beijing to create the first and only wireless ISP network throughout China via a Chinese satellite. The operation is expected to start around March 2000. Dr. Alan Phan, Chairman & CEO of Hartcourt, said: "We are determined to work only with the best. Ernst & Young is the logical choice. We are proceeding on schedule regarding the IPO. The year 2000 should be an exciting year for Hartcourt shareholders. We worked hard in 1999, and 2000 will be the year of reaping the fruits of our labor." Certain statements in this news release may constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements. --30--AJE/la* JC/la CONTACT: The Hartcourt Companies Inc. Dr. Alan V. Phan, 562/426-9796 KEYWORD: CALIFORNIA INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: INTERNET MERGERS/ACQ