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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (1389)	11/26/2000 3:08:20 PM
From: jmhollen	Respond to of 46821

Hi Fank, It's been a while, but the following subject seems to be working itself back into positive territory. So, I thought I might bring it up again. ECNC (eConnect), which has the patent on the utilization of securely transferring funds via the Internet, has just had a very successful showing at COMDEX - and published some very viable relationships in recent PRs. econnectholdings.com The company's object is to allow people to use their ATM and/or other Smartcards with an "..eCashPad.." (card-swipe/PIN-entry keypad unit - placed in series with one's PC keyboard cable) to send secure payments to vendors, stock brokerage accounts (no wires/FedEx, etc.), etc., etc. One of the next itterations may be a PDA/Handheld version of the PC-based unit. All account related data is retained between the user and the Bank-Eyes-Only processing system, so people are not transmitting their card and authorization data all over hell's 1/2 acre in the process of purchasing some googaw, techno-toy, recipe book, Ron Popiel WhizBang "..as see on TV.." - or immediately funding their brokerage account, etc. The company has been bruised and pummeled a few times since the get-go, but they've passed SEC review, have been re-listed, and seem to be turning the corner. One to watch, at any rate. The 'day players' and MMMs took it down just before TurkeyDay, but the Williams% is looking good on my charts; however I'm no guru. John :-)

To: Frank A. Coluccio who wrote (1389)	11/28/2000 10:41:58 PM
From: Teddy	Read Replies (1) \| Respond to of 46821

Frank and thread: any guess what might be a acceptable bid on this? Nettel Communications To Hold Liquidation Auction Updated 11:02 AM ET November 28, 2000 WASHINGTON -(Dow Jones)- Nettel Communications Inc. will be sold at a bankruptcy auction on Dec. 8, the company said in a press release Tuesday. As reported Oct. 2, the company filed for Chapter 11 bankruptcy protection listing assets of $133.5 million and debts of $155.7 million as of Aug. 31. On Oct. 27, the company's Chapter 11 case was converted to a Chapter 7 liquidation. Nortel Networks Corp. (NT), Allied Capital Corp. (ALLC) and Williams Communications Inc. (WCG) were owed a total of $92 million by Nettel as of Sept. 28. The lenders have security interests and liens on substantially all of the company's assets. As of Sept. 30, Nettel purchased and installed 13 switches connected by 9,000 fiber miles in Atlanta, Boston, Chicago, Detroit, Los Angeles, New York, Orlando, Phoenix, San Diego, Syracuse, Tampa and Washington, and billed 1,500 T-1 clients. -Thomas Gryta; Dow Jones Newswires; 201-938-5400 (This story was originally published by Dow Jones Newswires) Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved