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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (8332)	6/15/2000 8:13:00 PM
From: who cares?	Respond to of 10354

Gee do you think that's why the PR gave as a contact Continental Capital & Equity Corporation Broker/Investor Relations Bruce Elliott, 407/682-2001 bruce@insidewallstreet.com I sure hope ZSUN got a better than joe off the street price for Netcurrents services by going through there mutual scummy IR pals. CMB

To: StockDung who wrote (8332)	6/15/2000 11:13:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 10354

Too bad ZSUN is not HK listed (wonder why?!) so we could watch insider sales here: "Web Site Tracks Executives' Trades, Orders Them by Timing, Success By ERIC BELLMAN Staff Reporter of THE WALL STREET JOURNAL Plenty of free Web sites tell you what analysts are saying about Asian companies. But one new site gives de facto stock-picking tips straight from the people who should know the companies best -- their own executives. Last week, ScoreLab Asia Ltd. launched a free site (www.asiascores.com) that lets individual investors track the trading of more than 3,000 directors of Hong Kong companies. Not only does it tell you who is stocking up on or unloading shares in their own companies, it takes the executives' past transactions and tells you how consistently their buying or selling has presaged stock rallies or declines. The database includes all insider trades on the Hong Kong stock exchange back to 1993. The company plans to add data from Singapore, Malaysia and Japan later this year. ScoreLab's site uses information available to anyone: Whenever directors trade shares of their own company, they're required to notify the Stock Exchange of Hong Kong. Those disclosures can be found on the exchange's Web site (www.sehk.com.hk; click "Market News" and then "Securities [Disclosure of Interests] Daily Summaries"). Making meaningful use of that information, however, would require daily monitoring and a big database -- which is what ScoreLab Asia does for you. The company mines the exchange's information -- the names of the directors, how many shares they've traded and at what price -- and lets users search for insider trading by company, director, date or industry. Just because an insider is buying, however, doesn't mean the stock is set to rise; like any investor, an insider can make bad calls. So the site compares each executive's trades to the stock's average performance three and six months later. It then rates each on a 100-point scale; a higher rating indicates a stronger correlation between the insider's transactions and a price movement in the "right" direction. Directors who trade often and consistently record high returns are given the highest scores. (The system is the same one used by ScoreLab Inc., ScoreLab Asia's U.S. parent company and a unit of Primark Corp., on its site www.insiderscores.com.) For example, Li Ka-shing, the chairman Hutchison Whampoa Ltd., is one of the site's all-star buyers, with a rating of 86. Hutchison shares have risen 16% on average in the six months after he buys more of them. "The guy has a golden touch. When he buys Hutchison, it seems to go up," says Robert Halili, the managing director of ScoreLab Asia. Most of Mr. Li's trading was between 1993 and 1997. The Stock Exchange of Hong Kong usually announces the directors' buying and selling three days after the actual trade, and ScoreLab Asia's site is updated by the next day. The site will alert registered users by e-mail whenever shares they're tracking have insider trading. (The site tracks CEOs, CFOs and other top executives but unfortunately doesn't give each insider's title; the feature will be added later, says Mr. Halili). The system also makes it easy to pick up trends in director sentiment. Had it been online last year, small investors would have been able to see that directors in Internet-related companies like e-Kong Group Ltd. and Pearl Oriental Cyberforce Ltd., as well as computer makers like Legend Holdings Ltd. and Stone Electronic Technology Ltd., were dumping their stocks in December. That fact wasn't lost on big investors that have armies of analysts to keep an eye on these things, but it was harder for small investors to catch. So what are insider trades suggesting about technology stocks now? According to the site, directors have been net buyers of close to 90 million Hong Kong dollars (US$11.5 million) in technology stocks over the last four weeks, possibly a buy sign. Insider-watching is also a way to get new investment ideas. The site outlines the biggest insider trades and the trades of the best-performing insiders every day, and offers regular commentary from its analysts on new movements in insider trading. "You have to look for anomalies -- like when a director who has been buying for years unloads all of a sudden," or when a director accounts for a large part of trading, says Mr. Halili. "That's a heavy signal that something may be up." One example of is the recent purchase of 50,000 shares of Hutchison Whampoa by deputy chairman Victor Li, son of Li Ka-Shing. What's interesting about it? The Li family hasn't bought the shares since 1998. "This could be a good signal," Mr. Halili says.