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To: luther q montgomery who wrote (16108)4/20/1999 12:31:00 AM
From: allen v.w.  Respond to of 40688
 
Just some reading. Note the date.

NOVEMBER 16, 1998
--------------------------------------------------------------------------------

Trade system gathers international support

BY ELANA VARON (varon@fcw.com)
AND ORLANDO De BRUCE (orlando_debruce@fcw.com)

Draft ITA/Design Report. Select "Reports" in upper left corner.
From the National Performance Review: Establish an International Trade Data System


Members of the international trade community earlier this month threw their support behind a U.S. government plan to build a $256 million computer system for processing imports and exports.

The International Trade Data System ultimately would link 350,000 businesses with 104 U.S. federal agencies that inspect and approve cargo, investigate smuggling, monitor safety, collect tariffs and track trade statistics. Although agencies still could maintain their own systems for analyzing import and export data, businesses would file all their forms electronically to a single point.

At a public hearing Nov. 5 to discuss a draft systems architecture plan for ITDS, nine private-sector executives said the project would help reform a "dilapidated" international trade process that "involves too much paperwork" and "slows down business." The government wants to start testing the system this fall.

"Get Info to the Border"
"We do not need to expand the highways," aid Jose Martinez, president of the Free Trade Alliance, San Antonio. Trade with Mexico, he said, is usually delayed because of "paper shuffling" when truck drivers reach the U.S. border. "We need to get information to the border before the trucks get to the border, instead of processing paper on the spot."

According to the draft "Information Technology Architecture/Design Report," one-stop online filing and processing of trade data would save the U.S. government $500 million over the next seven years and eliminate $2.4 billion in paperwork costs for "the trade," meaning the collection of companies that play a role in international trade. The report said one export shipment can require as many as 40 paper forms and cost as much as $200, while imports typically cost $30 to $200 per transaction.

Agencies have been developing ITDS for five years since it was proposed as part of Vice President Al Gore's National Performance Review. Greg Woods, chairman of the Government Information Technology Services (GITS) Board, which oversees the project, said much of the time was spent negotiating with U.S. agencies about what information they would collect from industry. Out of 10,000 data elements, officials agreed on a core group of about 100, Woods said - few enough to make a shared information system feasible.

In addition, the U.S. Customs Service recently completed an evaluation of a prototype system that it operated at the borders with Canada and Mexico. The prototype tested online processing of imports and exports to see if ITDS could work.

The administration plans to request funds for ITDS in its fiscal 2000 budget proposal. Woods said the $256 million cost of the system includes "core project management" and the central pieces of the project.

Customs chief information officer Woody Hall said deciding how agencies will pay for ITDS is the "biggest issue'' facing the project right now. The Treasury Department and the GITS Board have kicked in some $17 million for early project development work, but to move forward, all participating agencies probably will have to invest in the system. "It has not been programmed by anybody,'' Hall noted. "There are a lot of options being discussed right now.''

ITDS would encompass a series of Internet-based networks connected to midrange servers operating a data warehouse. The trade would use electronic data interchange technology to submit information about its shipments to ITDS.

The data would be stored in the data warehouse. An ITDS program office would coordinate a federal intranet, through which agencies would access data needed for their missions; an extranet for secure access to "the authorized trade community and foreign governments"; and Internet access for the general public.

According to the systems architecture plan, ITDS would be deployed at 12 U.S. ports by 2001. At that point, the 34 U.S. agencies that conduct the bulk of transactions with importers and exporters would be using the system.



To: luther q montgomery who wrote (16108)4/20/1999 12:34:00 AM
From: allen v.w.  Read Replies (1) | Respond to of 40688
 
----------- QUESTION: "What Have You Learned?" ...-------

I've learned that so often what I thought were facts turned out in the
fullness of time to simply be the opinions that I held at that time. (Age
58) Bob R

> =================================
>
> I've learned that I like my teacher because she cries when we sing
> "Silent Night". (Age 6)
>
> I've learned that when I wave to people in the country, they stop what
> they are doing and wave back. (Age 9)
>
> I've learned that just when I get my room the way I like it, Mom makes
> me clean it up. (Age 13)
>
> I've learned that if you want to cheer yourself up, you should try
> cheering someone else up. (Age 14)
>
> I've learned that although it's hard to admit it, I'm secretly glad my
> parents are strict with me. (Age 15)
>
> I've learned that silent company is often more healing than words of
> advice. (Age 24)
>
> I've learned that brushing my child's hair is one of life's great
> pleasures. (Age 26)
>
> I've learned that wherever I go, the worlds worst drivers have followed
> me there. (Age 29)
>
> I've learned that people make mistakes. (Age 37)
>
> I've also learned that regardless of your relationship with people,
> you miss them most of them terribly after they die.
> (Age 37) -Bruce A. Perreault
>
> I've learned that there are people who love you dearly but just don't
> know how to show it. (Age 41)
>
> I've learned that you can make someone's day by simply sending them a
> little card. (Age 44)
>
> I've learned that the greater a person's sense of guilt, the greater his
> need to cast blame on others. (Age 46)
>
> I've learned that you can tell a lot about a man by the way he handles
> these three things: a rainy day, lost luggage, and tangled Christmas
> tree lights. (Age 52)
>
> I've learned that keeping a vegetable garden is worth a medicine cabinet
> full of pills. (Age 52)
>
> I've learned that the truth beneath the reality you see is often very
> different. (Age 52)
>
> I've learned that to get well you have to at least participate in, but
> ideally, take control of your own healing. (Age 52)
>
> I've learned that making a living is not the same thing as making a
> life. (Age 58)
>
> I've learned that if you want to do something positive for your
> children, try to improve your marriage. (Age 61)
>
> I've learned that life sometimes gives you a second chance. (Age 62)
>
> I've learned that you shouldn't go through life with a catchers mitt on
> both hands. You need to be able to throw something back. (Age 64)
>
> I've learned that if you pursue happiness, it will elude you. But if
> you focus on your family, the needs of others, your work meeting new
> people, and doing the very best you can, happiness will find you. (Age
> 65)
>
> I've learned that whenever I decide something with kindness, I usually
> make the right decision. (Age 66)
>
> I've learned that it pays to believe in miracles. And to tell the
> truth, I've seen several. (Age 73)
>
> I've learned that even when I have pains, I don't have to be one. (Age
> 82)
>
> I've learned that every day you should reach out and touch someone.
> People love that human touch-holding hands, a warm hug, or just a
> friendly pat on the back. (Age 85)
>
> I've learned that I still have a lot to learn. (Age 92)
>
> ...HAVE A GREAT DAY!



To: luther q montgomery who wrote (16108)4/20/1999 12:40:00 AM
From: James Simonick  Read Replies (2) | Respond to of 40688
 
About the financials and revenues - my $.02 worth? Perspective;

If financials were really that important to investors, would they invest so heavily in negative PE ratio and debt ridden companies, especially when they're losing more as the days go by? Similarly, folks should gravitate towards a company that has REAL revenue streams of some magnitude in the positive. The reason 'financial' minded investors go for these types of investments though is because of their SPECULATIVE value, like a VC investor.

And as far as the VC investor? He is a riskier player with some vision to see the light at the end of a long tunnel or through a dark glass. But is he principally looking for growth potential? Yes perhaps, but ultimately in the form of REVENUE - cash positive, like a 'financial' investor.

It appears through dialog sometimes that these two types of players have in some respects wound up in opposite corners of their home thinking. With PNLK I sometimes get a little confused at where some folks look for value at, but more often why the majority seem to miss it. This is a 'Buy and hold with an iron fist' stock IMO. A 'sell only to accumulate more' stock.

I think, as do many, this company is tremendously undervalued right now. How can anyone say at this point that the financials would make any difference based on common internet investor behavior? It is a self-conflicting veiwpoint, proven by history. Yet investors at large have not behaved in proportion to the far greater value of this company, but rather in reverse. However, many that have paid attention to the company, as evidenced on this thread, have become strongly attached investors. I know several, including myself, who have 'consolidated' on this stock, rather than diversified in the market.

I finally propose that this company has already made history, and the manifestation of this will just become more and more apparent in a short time until even the complete 'newbie' will know ProNetLink like kleenex. Further to add to the wonderment of the Monday morning quaterbacks to come will be how this company inconspicuously grew up from the OTC:BB!

Then they might be heard saying, 'Man, I wish I got into ProNetLink when it was back at $20!'

These are auspicious days. As Flounder said "this is great!" -Jim