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To: Dale Baker who wrote (4461)4/17/1999 12:11:00 PM
From: jgideonRespond to of 118717
 
XTON/ELOT shares outstanding are 63 M after conversion of
preferred (13 M). 30 M in the float before conversion.
How many of the preferred are considered in the float now?
Dunno -- max 43 M float.

In the WSJ article an XTON exec says he will let the states
determine the legal and geographic issues. Obviously, they
think it is legal - "advanced discussions with 6 states".

jg



To: Dale Baker who wrote (4461)4/17/1999 1:36:00 PM
From: jgideonRead Replies (2) | Respond to of 118717
 
Dale et al. -- the hot stock on SI this weekend
seems to be USAB.

exchange2000.com

This is a brick and mortar banking concern that is
promising (yet again) a banking website. However,
this one is a little different.

-- First phase of site goes live monday. Offers
investments in CDs and such.

-- Real banking site won't be launched until
third quarter. This is a worry that the stock
might do an ATLB.

-- Press release on Friday pushes all the right
buttons for being internet savvy. The guy knows
how to wave a red cape in front of internet bull
investors.

biz.yahoo.com

-- SI message board tops the hot list.

-- Reasonable valuation. $6 book value, trading
around $11.

-- Now the kicker: 2.1 M shares out, 1.4 M
in the float. Average volume less than 3 thousand.
Traded 1.5 M on Friday after press release. Has
not traded more than 30 thousand shares in a day
over the last year. One market maker.

==> SI investors alone could cause this stock
to gap huge, given the low volume. Definitely
one to watch and try to play, if you can stomach
the swings that could occur.

jg



To: Dale Baker who wrote (4461)4/17/1999 2:06:00 PM
From: Dale BakerRespond to of 118717
 
OT again - my brother forwarded this to me as a morale booster (it was written by an 18-year old in high school). Thought I would share it with everyone. America isn't perfect for everyone but I generally agree with these sentiments. This is the image we try to convey on your behalf overseas, too.

> > > What it means to be an American
> > >
> > > "I pledge allegiance to the flag, of the United States of America..."
> > > These words are heard as the day begins in every school across the
> > > country. Children are taught to recite them long before they are ever
> > > taught the concept of war, peace, freedom, or oppression. It may even be
> > > a few years before they sort out the meaning of 'forwhichitstands', but
> > > they still dutifully place their right hand over their heart, stand as
> > > tall and as proud as someone merely 3 feet tall can stand, and they
> > > begin to grasp what it feels like to be an American.
> > > Ask any immigrant, and they will tell you it is unlimited opportunity.
> > > Ask any veteran, and they will tell you it is an indescribable sense of
> > > freedom and pride. Ask any veteran's widow, and they will tell you that
> > > it is a legacy of honor and comfort in a time of loss. Ask any soldier,
> > > and they will tell you it is a sense of duty and tradition. Ask any
> > > child, and hope they smile sweetly at you and ask what war and hate
> > > means. I am an American, and to me it is a foundation. It is my roots,
> > > my heritage, and my future.
> > > I have grown up free, without ever knowing suffering, oppression, or
> > > persecution, and I am thankful every day. I receive a public education
> > > for free, I am guaranteed certain inalienable civil rights, and I can
> > > vote and have my say in how I feel our government should work. This is
> > > more than freedom, this is a blessing. Brave men and women have fought
> > > to protect my rights and many of them gave their lives for it. Being an
> > > American is about recognizing that, and appreciating it to the fullest
> > > extent.
> > > My grandfather fought as a bombardier in World War II and he was
> > > decorated with a purple heart and honored for bravery. My father is a
> > > Vietnam veteran who came back home to a serious heart condition that
> > > resulted from a strep infection he got in Asia. But never have I met
> > > people so courageous. To me, they are the essence of the American
> > > people. They are honest, brave, compassionate, and responsible. They are
> > > both mentors and role models.
> > > I plan to attend college in Washington D.C., and I will major in
> > > government and political science. I want to spend my life in a career of
> > > government service, and I feel that's the least I can do to give back to
> > > the country that has made lives like mine possible. Nowhere else on
> > > earth would I have had all the opportunities that have changed my life.
> > > My future is in America, and America's future is a bright one.
> > > To be an American is to know what's right and just; to understand your
> > > fellow man, and work toward common goals. To be an American is to live
> > > in the land of opportunity, where even the seemingly impossible is
> > > within reach. To be an American is to have a dream, and the chance to
> > > see that dream come true.
> > >
> >