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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (24854)8/22/2002 3:30:05 PM
From: Joe Copia  Read Replies (1) | Respond to of 25711
 
Black & Decker Has Recalled Cordless Drill/Drivers

Black & Decker (U.S.) Inc. has recalled about 950,000 cordless drill/drivers. The drill’s switch can malfunction and overheat, posing the possibility of a fire hazard to consumers.

Black & Decker has received 45 reports of drill switches overheating, causing two minor burns.

The recalled cordless drill/drivers are orange and bear the word "Firestorm" or jade and bear the words "Quantum Pro." The drill/drivers have the following model numbers and date codes:

Description Model Number Date Code Ranges
14.4 volt Firestorm CD632 990852 thru 20005052
14.4 volt Firestorm HP532 990152 thru 20001652
14.4 volt Firestorm FS1442 20002252 thru 20011852
14.4 volt Quantum Pro Q145 990252 thru 20001152
15.6 volt Firestorm FS1560 993752 thru 20000752
18 volt Firestorm FS1802 20002452 thru 20010652
18 volt Firestorm HP932 990152 thru 20012452
18 volt Quantum Pro Q185 990252 thru 20011052

The model numbers are located on the name plate on the side of the drill and the dates codes are located on the bottom of the handle where the battery is inserted (remove battery to locate date code). These drill/drivers were manufactured in China.

Home centers and hardware stores throughout the U.S., Puerto Rico and Canada sold the drill/drivers from March 1999 through December 2001 for between $50 and $200. The drill/drivers were sold separately and as part of various tool kits.

Consumers should stop using their drill/drivers immediately, remove the battery, and call Black & Decker at (866) 821-5444 between 8 a.m. and 4:30 p.m. ET Monday through Friday to arrange for a free repair. For additional information, consumers can log on to the company's website at www.blackanddecker.com.

Black & Decker Has Recalled Table Saws

Black & Decker (U.S.) Inc. has recalled about 6,100 table saws. The motor housing on the saw may crack, posing a risk of electric shock to consumers.

Black & Decker has not received any reports of injuries. This recall to repair is being conducted to prevent the occurrence of injuries.

The recall involves 10-inch table saws, made in Taiwan, with the model number BT2500 and dates codes 200128-CT through 200148-CT. The model number and date codes are located on a name plate on the front panel above the power switch. The saw is grey with an orange front panel. The name "Black & Decker" is located on the lower right hand portion of the front panel.

Home centers and hardware stores nationwide sold the table saws from August 2001 through April 2002 for about $400.

Consumers should stop using these table saws immediately, unplug them, and call Black & Decker at (866) 357-0324 between 8 a.m. and 4:30 p.m. ET Monday through Friday or log on to the company's website at www.blackanddecker.com to arrange for a free repair.

No other Black & Decker table saws are involved in this recall to repair.



To: Joe Copia who wrote (24854)8/22/2002 4:55:24 PM
From: Joe Copia  Read Replies (2) | Respond to of 25711
 
ALERT UDTC news!!!!!!

(BSNS WIRE) United Trading.com's Acquisition Plans On Target in Strong Market


Business Editors

IRVINE, Calif.--(BUSINESS WIRE)--Aug. 22, 2002--James G. Brewer,
president and CEO of United Trading.com (OTCBB:UDTC), today announced
that the company has completed its due diligence review of Quick Draw
Inc. and agreed upon final terms and conditions to complete its
acquisition plans.

One of the conditions of the acquisition is that Quick Draw must
secure a commitment and initial funding for $1,000,000. Quick Draw
expects to have such a commitment and funding by early September. The
company is also evaluating other merger opportunities in related
businesses and expects to have additional announcements regarding
these activities in the near future.

Brewer stated that: "relative to the ATM (Automated Teller
Machines) business, the company has found that the market for off
premises ATM's remains strong. A study released in June of this year
by ATM&Debit News found that 'the market for existing ATM portfolios
held by Independent Sales Organizations is sizzling.'

We're excited
about this continuing strength in ATM portfolios and look forward to
finalizing our acquisition of Quick Draw ATM in the very near future."

About United Trading.com

United Trading.com will engage in the off-premise ATM ownership
and management business in addition to other e-commerce businesses.
The pending acquisition of Quick Draw ATM will give United Trading.com
a base of ATMs throughout the United States, an established revenue
stream, and a seasoned ATM management team.
Management will then focus on other acquisition targets in the
United States, possibly considering overseas markets as opportunities
present themselves. United Trading.com's goal is to implement its
business plan which includes the acquisition of additional ATMs and
enhanced ATM services.

Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: Statements contained in this document that are not
historical fact are forward-looking statements based upon management's
current expectations that are subject to risks and uncertainties that
could cause actual results to differ materially from those set forth
in or implied by forward-looking statements. The company is not
required to update its forward-looking statements.

--30--JE/np* BPM/cgo

CONTACT: Ellshay, LLC
Mark Ehrlich, 858/350-3114