Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ATA - Hidden Internet play -- Ignore unavailable to you. Want to Upgrade?

To: Mailbu who wrote (3)	4/21/1999 9:26:00 PM
From: WTSherman	Respond to of 9

I don't see what's "hidden" about this... The company has disposed of all its old operations and is intending to become an internet co. They don't seem to have much cash, but, are running around investing in NAZ BB co's. If you like tulips this is perfect.

To: Mailbu who wrote (3)	5/27/1999 1:42:00 PM
From: Mailbu	Respond to of 9

Thursday March 11, 11:43 am Eastern Time Company Press Release SOURCE: WorldWide Web NetworX Corporation WorldWide Web NetworX Acquires 50% Stake in Internet Applications of Jencom Digital Technologies MT. LAUREL, N.J., March 11 /PRNewswire/ -- WorldWide Web NetworX Corporation (OTC Bulletin Board: WWWX - news) and Jencom Digital Technologies, LLC (Jencom) announced today that WWWX has acquired a 50% interest in Jencom's proprietary cutting edge WebCamera, SNapp(TM) PowerBroker(TM) and TrueSound(TM) products for 2,000,000 shares of restricted common stock and an additional 3,000,000 shares of restricted common stock on a performance incentive basis and $900,000 of funding. This Agreement adds a set of powerful e-commerce capabilities and products to WWWX's growing portfolio of Internet assets. As part of the Agreement, WWWX also received a private equity investment from a major venture capital investor of $3,000,000 for two million (2,000,000) restricted shares of it common stock. These funds will be used for acquisition to further the Company's strategy of developing Internet business. Jencom, based in New York City with offices in Israel, is an innovator and developer of unique Internet software systems and state of the art hardware products. Jencom develops web products and software solutions from initiation through completion and employs expert programmers and an award winning team of graphic designers. A team of support engineers, hardware technicians and system administrators that enables them to deliver exceptional products and service maintains their high tech work environment. WWWX, is an incubator of leading-edge e-commerce solutions with direct e- commerce marketing operations. The Company acquires and develops advanced technologies, which it either develops into operating businesses or spins off to maximize shareholder value. Robert Kohn, President and CEO of WWWX stated, ''certain of the recent transactions that WWWX completed have advanced our Internet incubator business model. These include: the purchase of entrade.com and a 25% interest in asseTrade.com with their subsequent sale to Artra Group Inc. (NYSE: ATA - news) in exchange for 2,000,000 shares of the company's common stock, which is subject only to shareholder approval; the acquisition of the ATM Internet Technology with the purchase and launch of a 50% interest in ATMcenter.com; the development of Internet Auction technology and the acquisition of the 50% interest in Jencom. These transactions position WWWX in the forefront of e- commerce consolidation. Henry Kauftheil, Chairman of Jencom, stated that ''the synergies between WWWX and Jencom are unique in that we both have cutting edge technology products and are interested in combining our marketing talents to promote leading internet solutions for distribution in niche markets. This Agreement will allow us to focus our energies on revenue generation, marketing and mass market penetration.'' Forward Looking Statements Statements contained in this press release, which are not historical facts, are forward-looking statements. Such forward-looking statements are necessary estimates reflecting the best judgement of the party making such statements based upon current information and involve a number of risks and uncertainties. Forward-looking statements contained in this press release or in other public statements of the parties should be considered in light of those factors. There can be no assurances that such factors or other factors will affect the accuracy of such forward-looking statements. SOURCE: WorldWide Web NetworX Corporation More Quotes and News: Artra Group Inc (NYSE:ATA - news) Worldwide Web NetworX Corp (OTC BB:WWWX - news) Related News Categories: banking, internet

To: Mailbu who wrote (3)	5/27/1999 1:42:00 PM
From: Mailbu	Respond to of 9

Monday April 19, 9:15 am Eastern Time Company Press Release ARTRA GROUP Announces Letter of Intent to Acquire Nationwide Auction Systems NORTHFIELD, Ill.--(BUSINESS WIRE)--April 19, 1999--ARTRA GROUP Incorporated (NYSE:ATA - news) today announced that it has signed a Letter of Intent to acquire Nationwide Auction Systems Corp. for an undisclosed amount in stock, cash and notes. Nationwide is a twenty year old privately held firm with gross auction revenues exceeding 80 million dollars in 1998. Nationwide Auction Systems auctions a wide array of vehicles, personal property, real estate and equipment on behalf of over 6,000 commercial and governmental clients across the United States at their six facilities located in California, Missouri, Delaware, and Georgia. Clients include municipalities, law enforcement agencies, utilities, and major corporations. This acquisition is in addition and complementary to the previously announced agreement to acquire Entrade.com (which includes a 25% interest in AsseTrade.com) for 2,000,000 shares of common stock and $5.4 million of funding. The acquisition is subject to the approval of the shareholders of ARTRA GROUP. entrade.com is a business-to-business Internet e-commerce and on-line auction company focused on providing asset disposition solutions for the utility industry and large industrial manufacturing sectors. asseTrade.com was established by three principal groups, two of which are industry leaders in traditional asset recovery and disposal methodologies. Henry Butcher and Michael Fox International, Inc. are ranked among the world's leading asset evaluation, recovery, disposal and consulting companies, with more than 150 years of combined experience and expertise. The principal business of asseTrade.com is a Business to Business internet Auction Company. asseTrade.com utilizes entrade's propriety internet technology for the comprehensive asset/inventory recovery, disposal, remarketing and management solutions for corporate clients. Robert Kohn, President of Entrade.com said, ''Our Internet auction business will enhance Nationwide's position as one of the nations leading public auction companies by providing a distribution channel on the Internet for its consignors. The transaction will afford Nationwide the opportunity to expand its product line to include asset disposition solutions for its Utility and Industrial clients as well as its auto fleets. Our aim is to leverage upon this foundation to create and provide enhanced electronic commerce Internet-based business-to-business solutions for individual clients and industry sectors.'' Robert Gruber, Vice President, stated that ARTRA has fallen below certain of the New York Stock Exchange's quantitative and other continued listing criteria. ARTRA and the New York Stock Exchange have had on-going discussions concerning this lack of compliance. The New York Stock Exchange has requested, and ARTRA has provided, a definitive action plan demonstrating ARTRA's ability to achieve compliance with the New York Stock Exchange's listing standards. There can be no assurances that the New York Stock Exchange will accept ARTRA's definitive action plan and continue the listing of ARTRA's common stock. If ARTRA's definitive action plan is accepted by the New York Stock Exchange, ARTRA will be subject to on-going quarterly monitoring for compliance with the milestones contained within this plan. Failure to meet any of the quarterly plan projections could result in the suspension from trading and subsequent delisting of ARTRA. Statements contained in the press release which are not historical facts are forward-looking statements. Such forward-looking statements are necessary estimates reflecting the best judgment of the party making such statements based upon current information and involve a number of risks and uncertainties. Forward-looking statements contained in this press release or in other public statements of the parties should be considered in light of those factors. There can be no assurances that such factors or other factors will not affect the accuracy of such forward-looking statements. Nationwide Auction Systems Corp. - nationwideauction.com Entrade.com - entrade.com AsseTrade.com - home.assetrade.com Contact: ARTRA GROUP Incorporated Mr. Robert S. Gruber, 212/628-2554 More Quotes and News: Artra Group Inc (NYSE:ATA - news) Related News Categories: banking, internet

To: Mailbu who wrote (3)	5/27/1999 1:43:00 PM
From: Mailbu	Respond to of 9

Wednesday May 19, 1:00 pm Eastern Time Company Press Release ARTRA GROUP Reports First Quarter Results NORTHFIELD, Ill.--(BUSINESS WIRE)--May 19, 1999--ARTRA GROUP Incorporated (NYSE:ATA - news) today reported a net loss of $1,268,000 (or $.17 per share) for the first quarter ended March 31, 1999 compared to a net loss of $1,917,000 (or $.26 per share) a year earlier. The 1999 first quarter loss included a compensation charge of $300,000 for stock options related to ARTRA's planned entry into the Internet business-to-business e-commerce and on-line auction business as well as $433,000 of expenses (principally start-up costs) relating to entrade.com. As previously announced, ARTRA expects to complete the acquisition of entrade.com during the third quarter beginning July 1, 1999. ARTRA also owns approximately 9% (1,525,000 common shares) of COMFORCE Corporation (ASE:CFS - news), a leader in professional staffing, consulting and outsourcing solutions to high-tech industries. Forward-Looking Statements: Statements contained in the press release which are not historical facts are forward-looking statements. Such forward-looking statements are necessary estimates reflecting the best judgment of the party making such statements based upon current information and involve a number of risks and uncertainties. Forward-looking statements contained in this press release or in other public statements of the parties should be considered in light of those factors. There can be no assurances that such factors or other factors will not affect the accuracy of such forward-looking statements. ARTRA GROUP INCORPORATED AND SUBSIDIARIES SUMMARY FINANCIAL DATA (In thousands except per share data) THREE MONTHS ENDED ----------------------------------- March 31, March 31, 1999 1998 ----------------------------------- (Unaudited) Summary results of operations: Net sales (a) $ - $ - ============== ================ Operating loss (b) ($1,354) ($622) ============== ================ Loss from continuing operations ($1,268)(c) ($1,779) Loss from discontinued operations - (138) -------------- ---------------- Net loss (1,268) (1,917) Dividends applicable to redeemable preferred stock (64) (124) -------------- ---------------- Loss applicable to common shares ($1,332) ($2,041) ============== ================ Earnings (loss) per share Basic Continuing operations ($0.17) ($0.24) Discontinued operations - (0.02) -------------- ---------------- ($0.17) ($0.26) ============== ================ Diluted Continuing operations ($0.17) ($0.24) Discontinued operations - (0.02) -------------- ---------------- ($0.17) ($0.26) ============== ================ Weighted average shares and equivalents outstanding Basic 7,965 7,952 ============== ================ Diluted 7,965 7,952 ============== ================ March 31, March 31, 1999 1998 ----------------------------------- (Unaudited) Summary balance sheet data: Cash and cash equivalents $9,317 $71 ============== ================ Working capital $3,760 $724 ============== ================ Total assets $17,551 $74,633 ============== ================ Long-term debt - $46,784 ============== ================ Shareholders' equity (deficit) $2,141 ($27,275) =============== ================ NOTES TO SUMMARY FINANCIAL DATA (a) Effective November 20, 1998, the Company sold the assets of its operating subsidiary, Bagcraft Corporation of America. Accordingly, Bagcraft's results of operations for the three months ended March 31, 1998 have been reflected in discontinued operations. The operations of entrade.com will be included the ARTRA's consolidated financial statements upon approval of the merger by ARTRA's shareholders. (b) Loss before interest, other income (expense), net and income taxes. (c) Includes $433,000 of expenses (principally start-up costs) and $300,000 of stock option compensation costs relating to ARTRA's planned entry into the Internet business-to-business e-commerce and on-line auction business. Contact: ARTRA GROUP Mr. Robert S. Gruber, 212/628-2554 More Quotes and News: Artra Group Inc (NYSE:ATA - news) Related News Categories: banking, earnings, internet

To: Mailbu who wrote (3)	5/27/1999 1:44:00 PM
From: Mailbu	Respond to of 9

Thursday May 27, 12:23 pm Eastern Time Company Press Release Artra Group Incorporated and Entrade Inc. Announce SEC Filing NORTHFIELD, Ill.--(BUSINESS WIRE)--May 27, 1999--ARTRA GROUP Incorporated (NYSE:ATA - news) announced today that on May 24, 1999, Entrade Inc. filed a Form S-4 Registration Statement with the Securities and Exchange Commission, which includes the preliminary proxy statement for ARTRA Group Incorporated relating to the previously announced merger agreement. Contact: ARTRA GROUP INCORPORATED Mr. Robert S. Gruber, 212/628-2554 More Quotes and News: Artra Group Inc (NYSE:ATA - news) Related News Categories: banking, internet

To: Mailbu who wrote (3)	5/27/1999 1:49:00 PM
From: Mailbu	Respond to of 9

Client List this is at their website..... assetrade.com . Clients serviced by the principals of asseTrade.com include: Advanced Micro Devices, Inc. , Aeroquip, Alumax, A T & T , Air Products & Chemicals, Inc. , Akzo, Alcon Laboratories, Inc , American Hoechst, Inc , American National Can Company , Amoco, Amphenol Corporation , Amstrad, Anchor Hocking , Arthur Andersen , Asea Brown Boveri , Atomic Energy Authority , Avonmore Foods , Avesta Sheffield , AWD Bedford , AXA Equity & Law, B Elliott plc , Baker Tilly, Bank America Commercial, Bank Of Virginia, Bank One , Banque Nationale de Paris, Barclays Bank plc, Bayer, Bayerische Vereinsbank , Becor-Western, Inc , Best Foods, BF Goodrich , BDO Stoy Hayward, BHP , Biokat, Black & Decker, Borden,Bock San Co Ltd., Borg Warner Automotive , Bradford & Bingley , Britannia Airways , British Aerospace , British Cocoa Mills , British Gas , British Steel , British Telecom , Bridgeport Machine Ltd , Brown Shipley , Brown Boveri, Inc , Budd Plastics , Burger King , Burmah Oil , Cadbury Schweppes , Calor , Camford , Campbell Soup Company , Campbells UK , Canada Dry , Canada Life , Caradon MK Electric , Case Tractor , Cemical Bank , Century Oils , Chase Manhattan Bank , Chelverton Properties , Chrysler Talbot , Chrysler Corporation , Citybank , Circaprint , Cholorex Coca Cola , Commercial Union , Conoco , Coopers & Lybrand , Corinthean , Cornwell Parker Plc , Courtauld Textiles , CPC International , Crane Fruehauf , Cygent Laboratory Dairy Products (UK) , Dairymen, Inc , Deloitte & Touche, Defense Research Agencysize, Delta , Dial , D.K. Litton Digital Equipment Corporation , DRA , Dubai Electricity Corporation , Duckhams Oils, Duncan Hines , DuPont , Eagle Star , Electrolux , Elf , Elliot Media , Endsleigh Insurance Services Ltd , Environmental Elements Corporation , Ernst & Young , Esso , European Bank for Reconstruction & Development , Eurotunnel , Exxon Coal USA , Fairchild Industries, Inc , Fairey Hydraulics , Ferguson , Ferrero Rocher, Ferrari Ltd. Ferranti Technologies , Figgie International, Inc , Firestone Synthetic Fibers Company , Firestone Tire and Rubber Company , First National Bank , First Tennessee Bank , First Union National Bank , Fisher Nut Company , Ford Motor Company , Fosroc , Fruit of the Loom , G Plan , Gaspol , GEC, GE Capital Corporation , General Electric Corporation , General Dynamics , General Motors , Glaxo Wellcome , Glenfed Corporation , Golden Vale Group , GPT , Grampian County Food Group , Grant Thornton , Group Lotus , Gulf Oil , Hazlewood Foods , Heinze, Highland Fabricators , Hill Samuel , Hillsdown Holdings , Hoffman-La Roche, Inc , Homepride, Hoechst-Celanese, Honeywell,Inc, Hunt-Wesson, IBM, ICI, ING Lease , Irish Dairy , Irish Distillers , Jacobs Suchard , Jaguar Engine , J.M. Smucker Company , Jim Walter Corporation , Johnson & Johnson Company , Johnstones Paints , Karo Manufacturing , Ken Parker Toys, Inc , Kiddie, Inc , Kerry Group , Keebler, Keshari Steel, KPMG, Kraft General Foods, Inc, Kuwait Europoort, Kuwait Raffinazione Echimica , SPA, Kuwait Petroleum International, Landis & Gyr, Lazard Freres, Lebonon Valley National Bank, LEC, Lehigh Furntiture, Lever Brothers, Lockheed Missle & Space Co, Legal & General, Leyland Daf, Lloyds Bank, Lloyds Bowmaker, London Life, London Fog Company, LSI Logic, Lucas, Maidenform, Miltope Corporation, Malaysian Telecoms, Manatee Refinery, Manufacturers Hanover, Marathon Oil, Marconi, Marine Midland Bank, Mars Inc, Martin Marietta Corporation, McDermotts, McDonalds, McDonnell Information Systems, MCI Communications Corporation, Meccano, Mellon Bank, Memorex, Meridian Bank, Midland Bank Plc, Miller Brewing, Ministry of Defence, Mitsubishi Heavy Industries, McGraw-Hill, Mitsubishi, Mobil, Monarch Airlines, Motorola, Murco Petroleum, Nabisco, NASA, National & Provincial, Building Society, National Grid, National Power, National Westminster Bank plc, NationsBank, Nestlé, Nichimen, Nike, N-Ren Corp, Northern Foods, Northrup Grumman Corp., Norwich Union, Novatel (Canada), Occidental Oil, Olin, Panasonic, Paradise Tomato, Prax Air, Pepsico Holdings (Smiths Crisps), Petrofina, Philips, Polaroid, Polish Development Bank, Powergen, Price Waterhouse, Procon, Proctor & Gamble, Provident Mutual, Prudential, Quaker Oats Co., Racal, Raleigh, Rank Hovis McDougall, Rank Xerox, Repsol, Rhone Poulenc Chemicals Ltd, Rolls Royce, Rosehaugh, Rotork Plc, Rover, Royal Bank of Scotland, Royal London Insurance, Royal Ordnance, San Miguel, Sara Lee Corporation, Schroder Ventures, Schroders, Scottish Amicable, Scottish Courage, Scottish Hydroelectric, Scottish Widows, Seagate, SG Warburg, Shell AG, Sherwin Williams, Shell Oil Canada, Shell Oil, Siemens, Signet Bank, Skandia, Skanska, Smiths Industries, Southern Electric, Southeastern Bank, Staffordshire University, Standard Oil Company, State Street Bank And Trust Company, Stanford , Stroh Brewery, Swan Hunter, Microsystems, Sunoco, Swan Moulinex, Timex, Tektronix, Texaco, Texas Instruments, The Great A&P Co, Inc, Track Marshal, Trailways Treta Pak, The US Bankruptcy Court, The US Marshals Service, Unigate, US Home Corporation, Unilever (Batchelor Foods), Unisys, United Biscuits, United Defense, United Distillers, United Precision Instruments, Vickers Ship Building, Waterford Glass, Wabash National Corp, Weetabix, Welltrain, Wolverine Worldwide Corp, Wyeth Ayerst Co., Wellcome, Westinghouse Electric Corporation, Wickman Machine Tools, World Bank, Xerox Corporation, Yamaichi Int'l, Zeneca, Zenith Goldline, Zurn Corporation