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To: HECTOR RUBERT who wrote (61565)	1/11/2000 8:16:00 PM
From: T L Comiskey	Read Replies (1) \| Respond to of 152472

Smart phone maker Neopoint files for IPO By Bloomberg News Special to CNET News.com January 11, 2000, 4:45 p.m. PT Neopoint, one of the pioneers in making next-generation wireless phones that can offer Internet access and other functions, filed with the Securities and Exchange Commission for a $75 million initial public offering. La Jolla, Calif.-based NeoPoint is among several companies ushering in a new wave of communications products that can offer appointment scheduling and other tasks of a handheld computer, with Internet browsing and email, in addition to making phone calls. In its IPO filing, the company said its "SmartPhones' are "among the first products to capitalize on the convergence of wireless voice and data applications.' The company operates myAladdin.com Smart Service, which is a scaled-down Internet portal and content provider available for wireless carriers. The service also uses a global positioning system that can provide specific information and services based on the user's location. NeoPoint said it will be competing against companies such as Audiovox, Ericsson, Nokia, Qualcomm and Motorola, along with makers of personal digital assistants like 3Com, Casio, Hewlett-Packard and Motorola. For the nine months ending Sept. 30, 1999, the company had a net loss of $15.5 million on revenue of $23.6 million. During the same period of 1998, the company had a net loss of $4.8 million on revenue of $232,000. NeoPoint said it would use the net proceeds for general corporate purposes, which could include working capital, expansion of sales and marketing efforts, repayment of debts and possible acquisitions, although no specific targets were mentioned in the latest filing. NeoPoint didn't list a price for its shares or set a total number of shares to be sold to the public. That's usually revealed in a subsequent filing. It didn't say how much a stake the parent company would own after the shares are offered to the public. Copyright 1999, Bloomberg L.P. All Rights Reserved.

To: HECTOR RUBERT who wrote (61565)	1/11/2000 8:16:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 152472

LMAO! Hector, watch the bond yield and how they take it up and down on an ascending scale until about Feb. I laugh when people tell me the bond yield cannot be manipulated. They are correct over an extended period of time but anything thing that is traded always has a POINT OF EXCHANGE and Oil, Diamonds, Gold and anything else can be manipulated if a few control a point of exchange. People act as if the Houses deal in stock but not bonds. The FIRST SIGN OF A CORRECTION will be when you see the futures allowed to run wild overnight. When you wake up around Feb. and the futures are down about 50 points one night, that is your sign! v