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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (6694)4/16/1999 11:28:00 AM
From: LABMAN  Read Replies (2) | Respond to of 52051
 
BNCM from yahoo thread

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Financial Services>BNCM (BNC Mortgage, Inc.)
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Good things on the horizon
by: bankd_99
137 of 138
BNCM will report earnings the end of next week or the beginning of the
following week. They are still coordinating with their equity ananlyst on that.

I clearly think they are a takeover candidate with their strong earnings and cash
hoard. As their acquisition appetite, I think they are going to focus on growing
the MortgageLogic.com area and implementing a retail strategy with it. They
are already originating on the site with their wholesale correspondents.

Great things in store for these guys.

Posted: 04/16/99, 10:03AM EDT as a reply to: Msg 132 by LABMAN9
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To: Stock Watcher who wrote (6694)4/16/1999 2:17:00 PM
From: Due Diligence  Read Replies (2) | Respond to of 52051
 
One for review: WEL
Kindest Regards,
DD

quote.yahoo.com



To: Stock Watcher who wrote (6694)4/16/1999 2:30:00 PM
From: scrooge  Read Replies (1) | Respond to of 52051
 
more news on AXC

TV onthe Web Signs Deal with Melita Cable of Malta to Open European Operation, TV onthe Web-Europe'

Maltese Government Offers Incentive Package for Video and Web Production Facility. In Addition to Web Operations, Content Will Support Melita's State- Of-the-Art Broadband Interactive Video Effort
Live Webcast at www.tvontheweb.com, April 19, 11 A.M. PST to Discuss Details

RESTON, Va., April 16 /PRNewswire/ -- TV onthe Web, Inc., a strategic partner of Ampex Corporation, (Amex: AXC), announced today that it has signed an agreement with Melita Cable TV PLC, Malta's national cable company, to build a European video and Web production facility to be known as "TV onthe Web-Europe."

"This is a unique opportunity to be a pioneer in the future of interactive television and establish a production foothold in Europe for future narrowcast channels and live events on the Web," stated Dave Gardy, Chairman and Co-CEO of TV onthe Web. "This is the perfect model of the future of connectivity. The presence of the extensive bandwidth infrastructure that Melita offers in Malta will allow the distribution of higher quality full-screen video that could yield some huge potential applications."

"When fully implemented, Malta will be the first totally interactive digital country in Europe and perhaps the world," commented Frank Leiter, CEO of Melita Cable. "Malta also offers TV onthe Web-Europe's team varied geographical diversity and established resources for location production in addition to the most favorable weather conditions in Europe. TV onthe Web's presence in Europe will also facilitate a closer understanding of the cultures, to produce customized content for European Channels that will appeal to European demographics." Melita Cable is 50% owned by United Pan-European Communications, UPC, (Nasdaq: UPCOY), the largest non-government owned cable operator in Europe.

The facility will be utilized for a variety of video production, Web design, encoding and hosting functions to support TV onthe Web European-based narrowcast internet TV channels. It will also serve as the content provider for Melita Interactive, a unique broadband service that could herald a new era in on-demand, interactive and regional community-based television. Enabled by Melita Cable's high bandwidth "fiber to the curb" connectivity, the Melita Interactive service will serve as a veritable geographic "intranet" allowing subscribers to interact with the community-based TV onthe Web Europe video content on 20 Malta channels throughout the country. In addition, the facility will support conventional television and video production projects and serve as a production and Web training center for Maltese and European clients. Gardy also indicated that TV onthe Web-Europe intends to utilize Ampex digital storage equipment in the new facility.

The endeavor received the backing of the Maltese government through the country's Malta Development Corporation, which is offering an aggressive incentive package to facilitate the deal that includes low-interest financing, tax holiday, tariff waivers along with extensive training and infrastructure subsidies.

Mr. Leiter and Mr. Gardy will take part in a live video press conference Webcast to discuss this venture from TV onthe Web's exhibit on the floor of the National Association of Broadcaster's Convention on Monday, April 19, at 11 AM PST,at www.tvontheweb.com. This announcement comes on the heels of TV onthe Web's appointment of former Merv Griffin Productions executive Tim Swift as President and Co-CEO of TV onthe Web, Inc.

SOURCE TV onthe Web, Inc.



To: Stock Watcher who wrote (6694)4/16/1999 4:05:00 PM
From: Norm Demers  Respond to of 52051
 
SDTI finished today @ 19 5/8. 5 upgrades today. Watch for a big run next week.



To: Stock Watcher who wrote (6694)4/17/1999 12:06:00 PM
From: RCJIII  Read Replies (2) | Respond to of 52051
 
Index member CWSS bought for $24 by MCI on Friday, picked it at $2.

Friday April 16, 8:25 pm Eastern Time
Company Press Release
CAI Wireless Systems, Inc. Agrees to be Acquired by MCI WorldCom
ALBANY, N.Y.--(BUSINESS WIRE)--April 16, 1999--CAI Wireless Systems, Inc. (OTC BB:CWSS - news; ''CAI'') announced today that it has executed a letter of intent with MCI WorldCom, Inc. agreeing to be acquired for $24 per share in cash. The transaction is subject to customary conditions, including the execution of a definitive agreement and the receipt of required regulatory approvals. CAI has agreed to deal exclusively with MCI WorldCom for a 10-day period while the definitive agreement is being negotiated.

CAI was advised by MCI WorldCom that it had entered into one or more contracts providing for its purchase, subject to regulatory approval, of more than half of CAI's common stock from certain institutional holders. MCI WorldCom also confirmed to CAI that it had acquired a significant amount of CAI's 13% Senior Notes due 2004 and CAI's secured credit facility.

In connection with the execution of the letter of intent, CAI has adopted a Shareholders' Rights Plan and has declared a dividend of a right to buy one one-hundredth of a share of a new Series A preferred stock to be distributed on each share of CAI's common stock.

Under the Rights Plan, if an entity (other than certain exempted entities, including MCI WorldCom), without first obtaining the prior approval of the CAI Board of Directors, becomes the beneficial owner of more than 15% of the CAI common stock, then, among other things, the rights distributed to holders of CAI's common stock would be exercisable for shares of the Series A preferred stock at a price that is 50% of the then current price of the CAI common stock. The Rights Plan is intended to preserve the Board of Directors' control of an orderly process.

CAI has broken off discussions with all other strategic entities at this time.

CAI has been seeking a strategic partner since its emergence from bankruptcy in October 1998. Based in Albany, NY, CAI currently operates six analog-based MMDS subscription video systems in New York City, Rochester and Albany, NY; Philadelphia, PA; Washington, DC, and Norfolk/Virginia Beach, VA. CAI also owns a portfolio of MMDS channel rights in eight additional markets, including Long Island, Buffalo and Syracuse, NY, Providence, RI, Hartford, CT, Boston, MA, Baltimore, MD, and Pittsburgh, PA. In addition, CAI owns approximately 94% of CS Wireless Systems, Inc., an MMDS operator based in Plano, TX.

--------------------------------------------------------------------------------



To: Stock Watcher who wrote (6694)4/17/1999 12:54:00 PM
From: SteelerStu  Respond to of 52051
 
WASP -- Monday April 12, 12:38 pm Eastern Time

Company Press Release

Cystic Acne Study Brings Dramatic
Results

MIDVALE, Utah--(BUISNESS WIRE)--April 12,
1999--Wasatch Pharmaceutical Inc. (OTC BB:WASP - news)
has previously announced clinical trials, and the treatment of acne patients in a clinical setting under
the direction and cooperation of a major pharmaceutical research entity, and approximately 250
physicians.

With several thousand patients having been treated, Wasatch has announced a success rate of 95%
with virtually no side effects. Success is interpreted as total or near total eradication of both cystic
acne and the less serious grades of acne. This product is used topically, and is far superior to
anything now being used by prescription or in the over-the-counter market.

With the success of this therapy, entry into the retail market has been solicited by an independent
distributor representing eighteen hundred pharmacies. In addition, two major retail chains
representing over 30% of the over-the-counter market are accessible through relationships presently
representing Wasatch Pharmaceutical.

The acne market is a $3 Billion market and with a superior product, Wasatch will aggressively
penetrate and control a significant share of this market.

This press release contains forward-looking statements regarding Wasatch Pharmaceutical Inc. and
its future sales-related activities. Actual results could differ materially from those described or implied
in this press release as a result of a number of factors. These include, but are not limited to, the future
growth of these markets, any adverse actions by the company*s partners, competitive products,
other economic factors affecting the company*s markets, the degree of acceptance that new
products achieve, and seasonal changes. Readers are referred to public documents filed by Wasatch
Pharmaceutical, Inc. with the Securities and Exchange Commission which identify important risk
factors that could cause actual results to differ from those contained in any forward-looking
statements.

Contact:

Wasatch Pharmaceutical Inc., Midvale
Gary Heesch, 801/272-1709