Stuart Bocklers Blue Point buy report was a classic as was the police report he filed against Markow for flinging the chair at him. lol
BluePoint on the bumpy road to dominate China's market for Linux software!
International Market Advisors, Inc. Presents:
BluePoint on the bumpy road to dominate China's market for Linux software!
Gang Qing, executive editor of PC World China Weekly, said that Bluepoint supports double-byte locales from the under level of Linux kernel. He commented, "The performance is outstanding, and it is the purest Chinese Linux' I have ever seen."
Buy Range $7.00- $10.00, Stop at $5.125: Potential $15.00-$20.00
Stuart Bockler, Tel # 732-591-0520: Number 1040 XVIII April 05, 2000 www.imcadvisors.com
Bluepoint Linux Software Corp. (BLPT) falls through Double Bottom, Pressured by China Syndrom and Selloff on RHAT. Company has sound business in China, but needs patience and time to settle things out. Stop at $9.125 is violated, reposition at $6.25, move stop to $4.25. A close over $14.00 would begin new "uptrend from support".
Bluepoint Linux Software is the developer of the first "true Chinese" Linux operating system, named Bluepoint. Bluepoint controls approximately 80 percent of the Chinese Linux bundling market and is preinstalled by several major computer manufacturers in China, including Great Wall, TCL and Xiahua Shanbao.
Bluepoint Linux Software Corp. (OTCBB:BLPT) announced that as of March 31, 2000, it has established retail sales channels in Beijing, Nanjing and Shenzhen, covering northern, central and southern China. In Beijing, Bluepoint signed an agent agreement with Beijing Federal Software Corp. (Federal). Federal will act as Bluepoint's sales agent and actively market Bluepoint Linux. Federal operates the largest retail software chain in China with more than 300 stores nationwide as well as the most popular software sales Web site in China, web.archive.org.
Two other software vendors in Beijing, Zhengpu and Beijing Saileshi, also joined Bluepoint's growing retail network. Additionally, Bluepoint has signed agent agreements with Nanjing Shusifang Co. and Shenzhen Ruokewei Co. These two software vendors will market Bluepoint Linux through their retail outlets in central and southern China, respectively.
XiongRu Li, president of Federal Software Corp., said, "According to Federal's statistics, since its entry into the Beijing market in March, Bluepoint Linux sales have exceeded projection. In less than one month, more than 10,000 copies of Bluepoint Linux were sold in Beijing by Federal alone."
Yu Deng, president of Bluepoint Linux Software, commented, "We firmly believe the establishment of nationwide retail sales channels, empowered by our partners in advertising, marketing and technical support, will allow us to capture the lion's share of the Linux retail market in China."
Bluepoint Linux Software is the developer of the first "true Chinese" Linux operating system, named Bluepoint. Bluepoint controls approximately 80 percent of the Chinese Linux bundling market and is preinstalled by several major computer manufacturers in China, including Great Wall, TCL and Xiahua Shanbao.
The company is a leading provider of Linux solutions and related services in the Chinese market. The company also develops Linux-based embedded systems. In a recent PC World China Weekly test, Bluepoint Linux ranked No. 1 in overall performance (http://web.archive.org/web/20000408164119/http://biz.yahoo.c...).
Bluepoint (ticker: BLPT) is one of a handful of companies pursuing China's market for Linux software, which could potentially take off if the nascent computer industry in China collectively embraced the Linux operating system. This week's reverse merger that gave U.S. investors access to Bluepoint reflects a decision among the company's management to seek out capital from abroad in order to expand their business in mainland China.
According to research firm NetCraft, Inc. (www.netcraft.com), 29 percent of all public Web servers run on Linux, making Linux the most popular operating system for public Web sites. Finally, IDC predicts that by 2002, there will be more than 55 million handheld and notebook-style information appliance devices and that by 2005, shipments of these appliances will exceed shipments of PCs.
"We wanted more people and investors to be able to reach us, and of course the capital markets in the U.S. are much more developed than in China," said Yu Deng, Bluepoint's chairman and chief executive officer, speaking from Shenzhen.
Deng believes there is a big market for Linux in China, especially at this point when the Chinese economy is not yet well developed and the market alternative -- Windows -- is so expensive. While Microsoft products generally cost hundreds of dollars (the standard English version of Microsoft Office Premium 2000 sells for US$799), individual PC users in China can buy Linux operating system packages for RMB28 - 100 (US$3.75 - 12.50).
Bluepoint offers a consumer package for about RMB28 (US$3.50), and TurboLinux, a U.S.-based software developer that distributes Linux products and solutions in China, offers a bottom-of-the-line version for about RMB30. As an operating system, Linux has received support from the government in China, Deng adds, which adds to its prospects in the marketplace."The Chinese government has a certain wariness when dealing with Microsoft, for economic and for national security reasons," Deng said.
According to Canadian cryptologist Andrew Fernandes, who published his findings last fall, Microsoft put a "key" in Windows software called "NSA Key" designed to make it easier for the National Security Agency (NSA) to decipher messages encrypted with Windows software. Because of its relative affordability, Linux enjoys growing popularity as a consumer, desktop operating system. It is not through these individual sales that Bluepoint ultimately plans to be successful in the China market, however, but rather through what Deng calls "partner-based" business, reflecting an industry-wide shift towards business-to-business models and increased outsourcing among high-technology companies.
Bluepoint Difference!
Bluepoint Linux Software Corp believes that it is the first publicly traded Chinese company entirely devoted to the development of the Linux operating system. The Bluepoint Linux Software Corp. capital structure is represented by a total of 20 million common shares, of which 4.5 million shares are in the float. The company's focus is the continuing development of the Linux operating system and embedded Linux platforms, as well as the delivery of related value-added services and support to its users. The company recently released the first true Chinese Linux operating system, which is marketed as "Bluepoint."
Unlike other Chinese Linux operating systems that rely on an external Chinese language platform to support Chinese language, Bluepoint supports Chinese language from the Kernel level (Kernel is the internal part of the operating system), thus making the system more efficient and completely compatible with Chinese application software. Bluepoint is very stable, easy to use and offers high performance. It supports multiple languages and is most suitable for Asian users.
Bluepoint has demonstrated a high level of acceptance in China. Bluepoint now controls 80 percent of the Chinese Linux bundling market and is pre-installed by several major computer manufacturers in China, including Great Wall, TCL and Xiahua Shanbao. The company also provides customized development and training services for all computer manufacturers who bundle its software.
Bluepoint operates two Web sites, openunix.org and bluepoint.com.cn, which management believes to be the largest and most influential Linux/Unix sites in China. The sites feature technical discussion forums, e-mail lists, knowledge bases, technical documents and 20GB of free software resources.
Management believes Bluepoint Linux in China is similar to Red Hat Linux (Nasdaq:RHAT $71) in the United States, with a 13 billion market cap, and comparable to VA Linux Systems (Nasdaq:LNUX $106).
Could Bluepoint Linux Software Corp. (BLPT) be the next China RED Hat Inc. (Nasdaq:RHAT)?
Red Hat(R), Inc. (Nasdaq: RHAT), is the leading provider of open source solutions, and Oracle Corporation (Nasdaq: ORCL), the largest provider of software for e-business, today announced the availability of the Red Hat Linux Enterprise Edition product line that has been optimized for Oracle8i to support high-volume e-business and enterprise applications. Red Hat Linux Enterprise Edition for Oracle8i will be available within 30 days through Compaq's and Red Hat's value-added distribution channels, including Keylink/Pioneer and Hallmark/AVNet. Red Hat(R) (Nasdaq:RHAT) has scene its stock price rise from $20.00 to a high of $151 in less than six months. The last weeks of trading in RHAT and other Linux Providers have seem thoughs gains erased. Institutions that are still positioned after March quarter closes may reopen thier shopping baskets before Easter.
Red Hat Linux Enterprise Edition for Oracle delivers on Red Hat's commitment to provide reliable, scalable and highly available open source solutions in the enterprise environment. Red Hat Linux Enterprise Edition for Oracle offers performance and usability improvements for enterprise-class database operations.
Bluepoint Linux Software Corp. beats out Red Hat Inc.'s (Nasdaq:RHAT) RedHat Linux 6.1,
Bluepoint Linux Software Corp. (OTCBB:BLPT) announced that Bluepoint Linux's overall performance ranked No. 1 in a recent PC World China Weekly test. The PC World China Weekly, which is owned by U.S. publisher PC World and is the largest and most influential publication in the Chinese IT industry, issued a cover story titled "Embrace the Spring of Free Software."
The story reported the benchmark testing results of seven major Linux operating-system distributions available in the Chinese market, including Red Hat Inc.'s (Nasdaq:RHAT) RedHat Linux 6.1, Bluepoint Linux 1.0, Xteam Linux 2.0 and TurboLinux 4.0. The PC World China Weekly staff performed four benchmark tests on each distribution -- Bonnie, Hdbench, Ptester and Nbench:
Bonnie test-evaluates the file-system throughput and the CPU utilization ratio in sequential read, sequential write and random access. Bluepoint clearly outperformed all other Linux distributions and ranked No. 1 in this test.
Hdbench is a GUI test suit evaluating the overall performance of the Xwindow system (which is the Linux/Unix version of the Windows interface). Bluepoint ranked No. 1 with a score of 15,039, RedHat ranked No. 2 with a score of 14,874, and TurboLinux ranked No. 4 with a score of 14,332.
Ptester is a Web-server performance benchmark testing program. This program tests Web-server load capacity by flooding the Web server with HTTP requests. Both Bluepoint and RedHat performed far better than other Linux distributions in this test.
Nbench adopts the famous ByteMark testing algorithms. It mainly evaluates CPU/OS performance. Bluepoint performed similarly to RedHat in this test.
According to the PC World China Weekly report, Bluepoint Linux "achieved the best balance amongst file system, memory management, floating number arithmetic and graphics performance, and has been successfully optimized for server application."
Gang Qing, executive editor of PC World China Weekly, said that Bluepoint supports double-byte locales from the under level of Linux kernel. He commented, "The performance is outstanding, and it is the purest Chinese Linux' I have ever seen."
Bluepoint Linux Software is the developer of the first "true Chinese" Linux operating system, named Bluepoint. Bluepoint controls approximately 80 percent of the Chinese Linux bundling market and is preinstalled by several major computer manufacturers in China, including Great Wall, TCL and Xiahua Shanbao. The company is a leading provider of Linux solutions and related services in the Chinese market. The company also develops Linux-based embedded systems.
The China Securities and Regulatory Commission (CSRC), which is responsible for authorizing overseas listings by Chinese companies, did not play any role in this week's deal. Technically, Bluepoint was purchased by the shell company in the U.S., MAS Acquisitions XI Corp. Dozens of small and mid-sized Chinese Internet companies are trying to list their shares in the U.S. and in Hong Kong.
Direct listings have thus far been virtually impossible for most companies, however, because they require the approval of the CSRC, which has not yet published guidelines for Chinese companies seeking to list overseas. Bluepoint's reverse merger was an end-run around that hurdle. The CSRC is expected to issue more thorough policies this year that will deal with private companies in China that wish to list on a foreign stock exchange.
"In the short-term individual users form a big portion of our revenues," Deng said, "But in the mid- to long-range, emphasis will be on solutions and embedded systems." By "solutions," Deng is referring to a form of retail in which a group of products are sold to another company as a functioning package. Among Bluepoint's product offerings are robust applications like auction systems, e-mail systems, and forum systems, all of which are needed by the growing number of Internet content providers (ICP's) and Web portals, and which can command prices over US$100,000.
"Linux hasn't really gone through all of its expansion yet in Asia," Deng said. "There is a need to work together with the competition."
Major hardware and PC manufacturers in China that bundle their products with Bluepoint Linux operating systems include Great Wall and TCL. Bluepoint will face a certain amount of competition from companies that offer Linux in Chinese, including TurboLinux, Red Hat Linux, LinuxOne, and Red Flag Linux, Deng admits. Yet there is a certain amount of camaraderie between Linux developers, explained Deng, because it is important for all of them that the Linux operating system be established as a norm in the market.
SEC Filings Updated Chart
The information contained herein is based on sources we believe to be reliable, but its accuracy is not guaranteed. International Market Advisors, Inc., IMCAdvisors.com and or International Market Call Inc., or its affiliated companies and/or their Officers, Directors, Employees or Shareholders may at times have a position, including an arbitrage or option position, in the securities described herein, may sell or buy them, and are compensated for the distribution of these reports. These companies may from time to time act as a consultant to a company being reported upon. This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by the company with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in quarterly results, dependence on new product development, rapid technological and market change, failure to complete the network on schedule and on budget, financial risk management and future growth subject to risks, the companies' ability to achieve Year 2000 compliance, and adverse changes in the regulatory or legislative environment. This release may include analysts' estimates and other information prepared by third parties for which the companies assume no responsibility. The companies undertake no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Copyright(c) March 2000 all rights reserved Reprinting this material in mass is a violation of copyright law with prior written autorization. |
