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

To: Jon who wrote (10171)	11/25/1998 10:43:00 AM
From: Cam	Respond to of 25711

(HAVAQ) Harvard Industries Emerges From Chapter 11 PR Newswire - November 25, 1998 09:30 LEBANON, N.J., Nov. 25 /PRNewswire/ -- Harvard Industries, Inc. today announced that its Plan of Reorganization was effective, marking the completion of its Chapter 11 proceeding. The Plan of Reorganization contemplates a conversion of virtually all pre-petition unsecured debt into 100% of the equity of the reorganized Company, subject to dilution for the incentive options and the warrants to be issued under the Plan. Holders of Harvard's PIK Preferred and Common Stock will receive warrants to acquire up to 5% of the common stock in the reorganized Harvard. "This is a great day for our company, customers, employees and suppliers who have cooperated so closely with us over the past 18 months," said Roger G. Pollazzi, Harvard's chief executive officer. "We have worked very hard to attempt to make this company a winner and we believe that we're on our way to greater success. We have obtained exit financing arranged by Lehman Brothers and have successfully extricated the company from previously unprofitable operations, and we have an experienced team of leaders that have developed an entrepreneurial culture within the company." Harvard's Goal The Company is expanding its focus beyond the automotive industry. "Our mission is to strategically grow our business by providing value-added products to the transportation and industrial sectors through our engineered-products group," said Pollazzi. "The technical expertise that fostered our strong reputation in the automotive industry has countless applications in other industries." New Leadership A new senior management team with significant industry and business restructuring experience is leading the Company. Harvard President Jim Gray, Executive Vice President for Strategic Planning Vince Toscano, Chief Financial Officer Ted Vogtman and Senior VP and General Counsel Jerry Tighe have all played integral roles in other successful ventures in the automotive industry. The Plan According to Harvard president, Jim Gray, the Company has a strong focus on profitability for the present and future. "The key to our successful emergence has been our strategic plan," said Gray. "We focused on product and customer diversification, reducing costs, investing in technology and research and development. We want to retain our automotive OEM business and build a similarly strong reputation in the engineered products industry." Harvard intends to broaden its customer base by entering markets such as industrial products and equipment, lawn and garden applications, construction materials and equipment, the automotive aftermarket, and components and assemblies for heavy-duty trucks and buses. This is being done with the same asset base, adding value by supplying completed products to these markets. Harvard Industries, Inc., designs develops and manufactures a broad range of components for automotive original equipment manufactures, the automotive aftermarket and industrial and construction equipment applications worldwide. Headquartered in Lebanon, N.J., Harvard's 4,500-plus employees at 15 plants in the United States and Canada produce total vehicle sealing systems, a variety of polymer products, high-strength steel assemblies and a wide array of high-strength aluminum, magnesium and iron products. SOURCE Harvard Industries, Inc. /CONTACT: Joe Gagliardi or Craig Bowman, both of Harvard Industries, 908-437-4100; or Andy Barlow of Public Communications Inc., 813-226-2772, for Harvard Industries/ -------------------------------------------------------------------------------- %AUT %BCY V%PRN P%PRN Search for: Enter Stock Symbols (eg: IBM, T, GM) or Company Name. Quotes and News Company Digest Stock Charts Analytics Earnings/Forecasts Market Guide Fundamentals Nelson Reports SEC Filings Baseline Profiles Zacks Reports First Call Hoover's Capsules IPO Digest News: Your Personal News \| Search News Hot Stocks \| Internet News \| Technology News \| Mergers/Acquisitions Futures/Commods \| News by Industry \| Personal News Manager Quotes (free): Quotes & News \| Mutual Funds \| Money Market Funds Company Digest \| What's Hot/What's Not \| Market at a Glance Global Stocks Portfolio: My Portfolio \| Internet Portfolio Research Corner: Company Digest \| Earnings Surprises \| First Call \| IPOs \| Global Stocks User Info: FAQ \| Register \| View Balance \| Update Account Info \| Mail \| Cancel Account About News Alert: Info \| Pricing \| What's New \| Sources

To: Jon who wrote (10171)	11/25/1998 10:49:00 AM
From: Phatt Jake	Read Replies (1) \| Respond to of 25711

Thompson RTQ rtq.thomsoninvest.net

To: Jon who wrote (10171)	11/27/1998 10:21:00 PM
From: Irv Dimont	Respond to of 25711

Free Real Time quotes marketguide.com

To: Jon who wrote (10171)	11/29/1998 3:19:00 AM
From: Terr	Read Replies (1) \| Respond to of 25711

Here are some RT sources that are pretty reliable, fast and do many-at-a-time quotes: Datek - www.datek.com - free unlimited RT quotes for customers. $2000 to trade but no minimum to get quotes. E*Trade - gives you free unlimited RT quotes if you trade more than a certain # of trades (8?) in a quarter. Also started giving free RT Quotes for all "members" - free registration PCQuote Marketsmart - www.pcquote.com - you have to pay the exchange fees (~$14/month) for fast source of RT quotes If you use the above sources (or another RT source on the Web) - download Medved QuoteTracker medved.net Medved QuoteTracker is a shareware Win95/NT program that uses Web real time data sources - both free and subscription - to track users' portfolios, plot realtime intraday charts, give stock price alerts, track major indices, show historical data charts etc.