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

To: fortitude who wrote (1594)	11/25/2000 7:14:35 PM
From: StockDung	Respond to of 2413

CHEERS CHUMPS and CHUMPETTS ddinvestor.com Hartcourt Companies, Inc. [OTC:BB HRCT] Bid Price when profiled: $1.11(November 1st, 1999) Highest Bid Price during contract: $20.50 (December 9th, 1999) Bid Price at end of contract: $15.50 (January 31st, 2000)

To: fortitude who wrote (1594)	11/25/2000 9:27:31 PM
From: StockDung	Respond to of 2413

Chumplett, whats this I read? "We should be able to realize our monetization plan ( IPO or merger) of this asset by the second quarter of next year." Now it could be a merger? How will the CHUMPS on this thread get their IPO shares if there is a merger? Either way its a pure GEM? and then this hoot? "The latest is the delay of the Q3 filing caused by KPMG’s disagreement with the previous auditors on the consolidation issue. It does not mean a hoot to Hartcourt operations or its shareholders,? Remember what Dr. Phan always says " If you have not sold its only a paper loss" "Nature is never in a hurry" CHEEER CHUMPS and CHUMPLETTs!! NEWEST SHAREHOLDERS' LETTER FROM DR. PHAN November 24, 2000 Dear Shareholders: It’s a beautiful California morning on Thanksgiving and I think nothing is more appropriate than sending a “thank-you” letter to my shareholders, who have stood by me and Hartcourt, especially during these darkest hours of a Nasdaq melt-down and an all-year low price of HRCT. You are my true partners who fully understand that Hartcourt is not a short-term stock play; but a long business journey with many ups and downs along the way. As I recently said at the shareholders’ meetings in New York and Frankfurt, I have never felt more confident on the future of Hartcourt. We have positioned the company to be a major force in the Chinese Internet market, and we expect to reap significant benefit from the WTO implementation in China. The turbulence of the stock market might slow us down, together with everybody else, but after the dust is settled, Hartcourt will stand taller than the rest. Let me explain my enthusiasm by giving you a quick recap on Hartcourt ‘s current situation: Our first priority is to complete the IPO of StreamingAsia during the first quarter of 2001 as previously announced. So far, everything related to this task is proceeding according to plan. Our second priority is to graduate beyond our current OTC listing . This could occur as the result of a merger with a Hong Kong-listed company or through listing on another exchange. Progress has been made on both fronts indicating that this objective could be completed earlier than expected. The operations of Sinobull are expanding at a faster rate than previously projected. We should be able to realize our monetization plan ( IPO or merger) of this asset by the second quarter of next year. Meanwhile, our Broadband ISP and IP phone project might get an unanticipated boost by an extraordinary bandwidth transaction we are working together with our partner, Innostar. As for Hartcourt Capital, I am going back to Germany tomorrow in hopes of finalizing an alliance which would link Koffman Securities ‘ operation to the Europe and the US markets. Other projects on the financial services sector are moving forward as planned. Financially, we should have enough cash to cover all of our planned activities. If we decide to exercise the $35 Million equity credit line with Swartz Capital, we should have sufficient funding for the next 20 years. In short, the four major divisions of Hartcourt will bring us the fruits we have long labored for. Nature is never in a hurry; and as the season changes, the harvest time will come. I am perfectly at peace , waiting. Of course, there are always problems in the daily management. The latest is the delay of the Q3 filing caused by KPMG’s disagreement with the previous auditors on the consolidation issue. It does not mean a hoot to Hartcourt operations or its shareholders, but bureaucrats, lawyers and accountants have a different outlook on business than you and I. We might have to change auditors to make the filing on time. Whatever it is, we are ready to file at a moment’s notice. There should be no problem of being de-listed as some shareholders have concerned. Best of all, the new generation of Hartcourt leaders are well in place to drive this train to its great destination. Dr. Charlie Yang has proven to be a tireless fighter, Mr. Patrick Kwan, Mr. Simon Zhang, Mr. Jiang Tai, Mr. Stephen Tang and all others are the best young talents we all hope for. And they all share the same vision, enthusiasm and determination that I believe is necessary to realize Hartcourt’s mission. We shall have 42 people joining us on the due diligence trip to Hong Kong and China after Christmas. They will report to you that there is no market as explosive as China’s. We are the 49ers of the Internet, and we are the best gold-diggers at the biggest gold mine. When I was young, I was picked on daily at school by those big bullies, because I was small, poor and foreign. I was determined to eliminate this unpleasant situation. I went to a Judo training school, worked as a janitor in exchange for tuition, and I trained at least 5 hours daily to be the best. I thought I would beat up the biggest bully in 6 months. However, it took me 2 years before I got the best of him. I learned 2 lessons in this experience: one, we can always achieve what we set our mind upon; and two, it always takes longer than expected. Hartcourt is no exception. Like John Heywood have said,” Nothing is impossible to a willing heart.” Again, I am grateful for your continuing support. May God bless you and your family during this holiday season. May peace and prosperity be part of your life in the years to come. Sincerely, Dr. Alan V. Phan Chairman

To: fortitude who wrote (1594)	11/26/2000 2:38:10 PM
From: StockDung	Respond to of 2413

Merrill Lynch must be shakin in their boots Chumps Cheers Chumps "For our portal to be a huge success in China, we need the name Hua Xia, not Merrill Lynch." "You see, every American and European investor knows the name of Merrill Lynch or Charles Schwab. Most of the Chinese investors don't. However, all of them know Hua Xia (China Securities). To have this brand name on our financial portal is to have instant recognition. In addition, Hua Xia Info is the biggest financial data firm in China. They have their own financial reporters, research analysts, financial magazine, and data network transmitted via cable TV. In short, they are the Bloomberg of China. If you realize that the customers of our Internet portal and financial services are Chinese and not American or European, you would understand the magnitude of this news. For our portal to be a huge success in China, we need the name Hua Xia, not Merrill Lynch." December 21st, 1999 Dear Shareholders: So here I am. Just landed in Los Angeles 36 hours ago, I have already received 27 Emails and 6 calls asking why I was so quiet, when the next news will be, and should we expect something big before or afterChristmas? I had 38 meetings all together during the last 6 days in Hong Kong and Beijing. In the holy spirit of this season, I would like to ask you, my dear shareholders, to grant me a little vacation. Youneed it too. Actually, the news we released 3 days ago is quite astounding from my viewpoint. The participation of Hua Xia Info in the IPO of Sinobull.com was quite a big shocking and envy to many major international brokerage firms and investment bankers. They could not figure out how we did it. You see, every American and European investor knows the name of Merrill Lynch or Charles Schwab. Most of the Chinese investors don't. However, all of them know Hua Xia (China Securities). To have this brand name on our financial portal is to have instant recognition. In addition, Hua Xia Info is the biggest financial data firm in China. They have their own financial reporters, research analysts, financial magazine, and data network transmitted via cable TV. In short, they are the Bloomberg of China. If you realize that the customers of our Internet portal and financial services are Chinese and not American or European, you would understand the magnitude of this news. For our portal to be a huge success in China, we need the name Hua Xia, notMerrill Lynch. For those who insist that we have a well-known American partner, we will get them too. It will be after the holidays before all agreements are completed As for the NASDAQ listing, our attorney is still preparing the application. We are sorry for the delay due to the holidays and some administrative procedures which must be in place before submittal. By the way, we do not need to merge with any other entity to be listed, as we meet all NASDAQ requirements. We might take over a NASDAQ company to use as a platform to launch our LINUX software company, but that is another matter. Details will be given, news will be released once the transaction is completed. As the year is ending, I listed all the pending projects and outstanding tasks for 2000. It took 2 pages, comprising of 63 items. The road ahead is long and exciting. I tried to project my business plan to forecast the shape of Hartcourt by the end of 2000. We should control and invest in 18 Internet companies, our revenue should hit $42 Million and our net earning should not be less than $3 Million. More importantly, we will be the leading Internet company in Asia. I share with you my dream not because I am hyping the stock and hope to make a personal profit. I have not sold a single share for the last 7 years and I will not sell a single share for the next 3 years, until my dream is fulfilled. However, as a small Internet company, Hartcourt is full of risks. For those who could not afford these risks, please sell your shares and buy government bonds. You would sleep better and I would sleep better. For those who remain, I promise an all-out war to final victory. There will be mistakes, setbacks and challenges, but destiny and providence are on our side. We will arrive. I have received many greeting cards and gifts from you. I could not respond personally in a timely manner. May I take this opportunity to thank you for your love and support. May I wish all of you a peaceful, memorable Christmas and all the happiness, prosperity and success that the New Millenium will bring. Thank God for the daily blessings for theHartcourt family .Sincerely, Dr. Alan V. Phan Chairman & CEO Frank ScheunertHartcourt Inc. Investor Relations EuropaHarffstr.19940591 DuesseldorfTel 0211 2108970 google.com