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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR -- Ignore unavailable to you. Want to Upgrade?

To: DAVID C. DeANGELIS who wrote (311)	2/9/1999 7:48:00 PM
From: .com	Respond to of 954

David, you are right to be very cautious on any BB stock. Re: "a market maker resubmitted an updated Form 15(c)211 disclosure statement and application for trading to the NASD on behalf of Anything Internet. The updated 15(c)211 reflects Anything Internet's full compliance with the SEC's new regulations and disclosure requirements." This was a MM resubmitting, not Anything Internet. The new rules are that BB stocks most disclose all financial info before trading shich their filing does. This actually is a good thing. The MM then has to file to trade the stock. That is what was re-filed. Hope it helps. Good luck, Scott

To: DAVID C. DeANGELIS who wrote (311)	2/9/1999 9:37:00 PM
From: .com	Respond to of 954

David, as a follow up, Anyhing Internet did re-submit one of their applications to conform with the new SEC guidelines. These guidelines now require BB stocks to disclose all financial data before they trade. A good move, IMHO. I am shocked that these BB have been able to trade in the past without disclosing such info first. You are right that these BB have alot of risk associated with them, but maybe these new regs with help to clean some of this up. I am not aware of other new BB stocks which have started trading recently which have gone through this process yet. Some have even done reverse splits with a shell company in order to bypass this. A recent example is AONE. UIHIA got smashed with the market today, but it may be a real good play tomorrow since the UPC IPO is on Thursday. Unlike most of these stories, UIHIA has HUGE value. The part spinning off is worth more than the current whole. Any great story is PWAC. Not only do they have a decent stake in rowe.com, but they have a good stake in Worldgate which filed for an IPO today. (WorldGate provide Internet service over cable for $5 per month. neat story). PWAC also still has their stake in COOL and shares in other companies which will announce IPO's soon. Again, the parts are worth alot more than the whole. So, risky BB play with lots of upside: BANY Safer spin-off play the next 2 days with HUGE value: UIHIA Good spin-off story which should start moving tomorrow: PWAC the sleeper: SFE with their stake in VerticalNet. But, we need some help from the market so that all news doesn't get discounted! Good luck David!

To: DAVID C. DeANGELIS who wrote (311)	2/9/1999 10:36:00 PM
From: C. McD	Read Replies (1) \| Respond to of 954

David and all, what do you think of a Backdoor II thread to include an update of the backdoors not mentioned in this thread's main page. The idea would be to start a Backdoor IPO Part II page, linked to this one, which would highlight the latest greatest IPO backdoors. If you think this would be a good idea, then give me ideas for which ones to include, a short summary of their "story" (prefferably one paragraph). Right now I would highlight ANYI/BANY (issued PR this evening about having filed all trading papers), WCAP and a whole bunch of past, present, and future IPOs, maybe UIHIA (but maybe not since the original backdoor thread already covers it well, and IPO is Thursday), maybe IDTC? Who else? Don't get mad at me if I don't know about your favorite. I'll set up a thread, you guys give me the content. I'd like to do this before I go to bed tonight, so please help. Thanks, C. McD

To: DAVID C. DeANGELIS who wrote (311)	2/10/1999 9:28:00 AM
From: Traderhic	Read Replies (2) \| Respond to of 954

News on KLOC! Looks like IPO maybe announced with 10Q next week! Wednesday February 10, 8:31 am Eastern Time Company Press Release 1-800-U.S.SEARCH Appoints C. Nicholas Keating Jr. President and CEO LOS ANGELES--(ENTERTAINMENT WIRE)--Feb. 10, 1999--The Kushner-Locke Co. (Nasdaq/NM:KLOC - news) Wednesday announced that its majority-owned subsidiary 1-800-U.S.SEARCH (SEARCH) has appointed C. Nicholas Keating Jr. as SEARCH'S president and chief executive officer. Keating replaces Peter Locke, who was president since September 1998 and will remain co-chairman of SEARCH's board of directors. Locke, co-chairman of both K-L and SEARCH, stated: ''Nick Keating brings a wealth of operational experience to 1-800-U.S.SEARCH. For more than 20 years he has served as a corporate officer or director of both public and private technology companies, including two Nasdaq and one New York Stock Exchange company. He is a great addition to the 1-800-U.S.SEARCH team.'' From 1987 to 1993 Keating was vice president and corporate officer of Network Equipment Technologies (NYSE), a provider of wide-area networking products and services. His responsibilities included corporate development, strategic partnering, international operations, investor relations and supervision of the legal department. Keating was instrumental in developing NET's relationships with many companies including IBM, LM Ericsson, Tellabs and Cisco Systems. He also negotiated arrangements with both domestic and international telephony and data-network providers including France Telecom, Infonet, ATT Istel and British Telecom. Since 1993 Keating has been an advisor to a number of worldwide organizations. His clients have included ATT, Lucent Technologies, Cornerstone Equity Investors and Integrated Telecom Technologies, which was sold last year to PMC Sierra. Keating has assisted his clients in negotiating business relationships with various companies including Comdisco, Hitachi Data Systems, LM Ericsson, IBM and Samsung Electronics. Keating serves on the board of directors, and has acted as an advisor to MCMS Inc., a leading electronics manufacturing services provider; E-Net Corp., an enterprise software supplier to the financial services industry; and LICenergy, a European software simulations company serving the global energy market. Keating served for a number of years as chairman of GET A/S, a supplier of imaging technology to the electronic publishing industry. He negotiated the sale of that company to a European buyer in 1995 in an all-cash transaction. Keating received his bachelor of arts in 1963 and master of arts in 1964 from American University, studied law at Georgetown University and was a Fulbright Scholar to Mexico. SEARCH, through its Public Records Portal, 1800ussearch.com, is a direct-to-consumer provider of public record information. SEARCH's current individual reference search services are primarily used for the purposes of locating people, conducting background checks, identity verification and adoption reunion services and are available 24 hours a day, 7 days a week. SEARCH supports these services with trained Live Search Specialists and customer service personnel always available online or via telephone. Kushner-Locke is a leading independent producer and distributor of feature films, direct-to-video films, television series, made-for-television movies, miniseries, and animated programming for theaters, network and cable television. Other operations include satellite channel, Gran Canal Latino and the Public Record Portal, 1-800-U.S.SEARCH. Visit the company's Web site at www.kushner-locke.com. -------------------------------------------------------------------------------- Contact: Kushner-Locke Co., Los Angeles Maili Bergman, 310/481-2000 --------------------------------------------------------------------------------