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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: johnsto1 who wrote (55886)1/3/2000 9:47:00 PM
From: Frederick Langford  Read Replies (1) | Respond to of 108040
 
NWLL moved from 8 7/32 to a high of 29 AH on this news, with an after hours close @16 3/4.
Keep an eye on this one. Check out the news re: 18 web sites/Chinese/English portal..

New Tel Presses Ahead with China Internet Service

/FROM PR NEWSWIRE NEW YORK 800-776-8090/
TO BUSINESS EDITOR:

New Tel Presses Ahead with China Internet Service

HERDSMAN, Western Australia, Jan. 3 /PRNewswire/ -- The Chairman of New
Tel Ltd. (Nasdaq: NWLL), Harry Sorensen, told shareholders at the Company's
Annual General Meeting that New Tel will work with a number of Chinese
government owned enterprises to set up an internet service in that country.
Mr. Sorensen described China as the world's fastest growing internet market.
"Through agreements signed with Xinhua Holdings Ltd., New Tel will
establish a Chinese internet service provider and a Chinese/English language
portal," Mr. Sorensen added. "These agreements involve New Tel and Xinhua
working in partnership with a number of government owned enterprises in China.
"This is an exciting opportunity for your Company. Through our
association with key Chinese government businesses, we will be uniquely
positioned to access a market that is forecast to be worth over US$12 billion
by 2002."
The initial portal content will be provided by a base of 18 Chinese
government ministry websites, with New Tel owning between 35 and 50 percent of
each site.....


Fred



To: johnsto1 who wrote (55886)1/3/2000 9:56:00 PM
From: Silver Knife  Read Replies (1) | Respond to of 108040
 
TLCM

Telcom Semiconductor Up 18% On Positive Analyst Comment

January 3, 2000 Dow Jones Newswires
By ELIZABETH SOUDER

NEW YORK -- Telcom Semiconductor Inc. (TLCM) shares rose 17.9% Monday due in part to a CNBC rebroadcast of positive comments by a Prudential Securities analyst.

The stock recently traded at 24 3/4, up 3 3/4, on volume of 1.6 million shares. Average daily volume is 377,600 shares. Telcom rose 29.2% Friday to close at 21.

Additionally, C.E. Unterberg Towbin last week put the company on its list of recommended stocks for 2000, and several other brokerage firms recently picked up coverage.

Prudential initiated coverage of the semiconductor maker in early December, and Ash Rajan mentioned on a Dec. 10 interview with CNBC that Telcom is a stock that could go up quickly. CNBC's Thursday re-run of a phone interview with Rajan sparked Monday's enthusiasm for the company, said Prudential analyst Hans Mosesmann.

"A lot of people are playing wireless chip companies," Mosesmann said, and the rebroadcast helped Telcom ride the popularity of companies such as Qualcomm Inc.(QCOM).

Shares of Qualcomm, which develops digital wireless communications systems, rocketed last week after PaineWebber analyst Walter Piecyk started coverage of the stock with a 12-month price target of $1,000. The stock recently traded at 182 following a 4-for-1 stock split, making the adjusted price target $250 a share.

Other analog semiconductor manufacturers' share prices had passed Telcom by, said Todd Cooper, an analyst with Stephens Inc."It hasn't been trading at the multiples that similarly situated companies have been," he said. Telcom is growing like power managers Elantec Semiconductor Inc.(ELNT), Semtech Corp. (SMTC) and Micrel Inc. (MCRL), he said. "Everyone's looking for cheap stocks," said C.E. Unterberg Towbin analyst Karl Motey, and most semiconductor companies are expensive. Telcom's turnaround from last year led him to choose the stock for his top recommendations for next year, and also lead other analysts to initiate coverage, he said.

In the fourth quarter of 1998, Telcom earned 3 cents a share, excluding a restructuring charge, on sales of $12.1 million. A First Call/Thomson Financial survey of three analysts puts the company's fourth-quarter earnings for 1999 at 15 cents a share.

Motey also said he's seen interest in the stock pick up in the institutional community.

-Elizabeth Souder; Dow Jones Newswires; 201-938-5400