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

To: I Am John Galt who wrote (62)	3/24/1998 5:25:00 PM
From: Taree Lyn	Read Replies (1) \| Respond to of 2413

LOS ANGELES, Feb. 4 /PRNewswire/ -- The Hartcourt Companies, Inc. (Nasdaq: HRCT) announced today that it signed a proposal with Network Computer Inc. (NCI), an Oracle (Nasdaq: ORCL) company, to deploy up to 500,000 network computers throughout China and Southeast Asia. Oracle recently developed the low-cost, low-maintenance and much- publicized "thin client" device called the Network Computer (NC) as the ideal terminal for a wide range of network driven information. Hartcourt and NCI believe that the possibilities for NC applications for education in China and Southeast Asia are beginning to emerge, and with the implementation of the Pacific Net project every student will have an equal chance to access and utilize the newest learning tools and the most up-to-date data available. Concurrently, Hartcourt entered into a letter of intent with Camro Technology Sdn. Bhd., Kuala Lumpur, Malaysia, to outfit computer labs for 6,000+ primary and secondary schools in Malaysia, with the first 500 schools to be started by August 1997. The final decision will be based upon the results of a complete testing of the NC prototypes by the Ministry of Education in mid-February 1997. Hartcourt has been actively involved in China and Southeast Asia under the leadership of its president, Dr. Alan Phan, for the past five years. The Company has gradually shifted its focus from the manufacture and distribution of quality pens and other writing instruments to real estate development, and is now actively pursuing the expansion and development of China's access to the Internet. The NCI/Hartcourt Pacific Net project will be working in conjunction with the decision by the government of China to move towards the electronic linking of all high schools and universities in China, forming a singular intranet for 2.5 million classrooms, thus bringing them on line with the world at large. SOURCE Hartcourt Companies Inc. SOURCE: PHAN!!!!!!!

To: I Am John Galt who wrote (62)	3/24/1998 5:34:00 PM
From: Taree Lyn	Read Replies (1) \| Respond to of 2413

I cant tell if my post went thru so Ill try again. Im new to SI. Matty you CANNOT post private email like that. It means I will not feel free to openly discuss this further with you. And its improper on the face of it. What I wrote to MATTY was: What I seem to uncovered at this point is the following infor mation (publically available). HRCT big purchases by Braemer. This guy is connected to Conectisys which has contracts with CON EDDISON. It was purchased thru a holding co in the VIrgin Islands. BVI (by PEter Unwin). BVI turns out to be Ernst and Young. Ernst and Young has a major partnership with ORACLE. Oracle is one of the new and big contracts that HRCT just landed in the last few monthes. I have posted the Oracle contract info seperately. I think you are naive if you dont think PHAN knows anything about this MATTY. Taree Lyn