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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: SMALL FRY who wrote (39029)	5/10/1999 2:05:00 PM
From: kendall harmon	Respond to of 120523

HNCS news is positive and the stock has been making higher highs HNC Launches eFalcon Fraud Protection Service for E-Commerce Complete Solution Detects, Manages the Risk of Internet Credit Card Fraud SAN DIEGO--(BUSINESS WIRE)--May 10, 1999--Today HNC Software launched eFalcon, a complete, real-time Internet fraud detection service for Internet merchants and their service providers. eFalcon's first customer is EC Direct(TM), a leading provider of e-commerce infrastructure to Fortune 1000 companies and major Internet brands. PaymentNet(TM), a leading e-commerce payment transaction processing service, is integrating eFalcon with its PaymentNet transaction processing platform. Internet credit card fraud has a dramatic impact on Internet merchants because they must bear all related fraud costs -- even when the credit card issuer has authorized the transaction. Internet merchants that consistently experience high fraud volumes may even lose the right to accept credit cards as a form of payment. ''Fraudulent transactions may exceed ten percent of e-commerce merchant revenues in some cases,'' said Robert North, HNC president and CEO. ''With consumers expected to spend approximately $16 billion online next year, that's a huge problem for Internet merchants.'' ''Unlike products with a limited track record in the marketplace, HNC has ten years of experience in fraud detection, holds several patents on its advanced technology products, and is trusted with more credit card transaction data than any other company in the world,'' he added. ''eFalcon protects our corporate customers and takes advantage of the scientific approach to risk that financial institutions have used for years in the offline world,'' said Dave Mullan, EC direct president and CEO. ''With eFalcon, EC Direct's EConductor(TM) family of solutions now includes the most powerful and accurate credit card fraud detection system available, allowing Internet merchants to achieve maximum sales and a high level of customer satisfaction, while reducing fraud volume to acceptable levels.'' eFalcon is based on HNC's Falcon(TM) credit card fraud detection technology, which currently protects more than 260 million credit cards worldwide and collectively saved credit card issuers more than $250 million in 1998. Nine out of the top ten Visa and MasterCard credit card issuers in the U.S. and 16 of the 25 largest credit card issuers worldwide use Falcon for fraud detection. ''With eFalcon, HNC brings its unique fraud detection expertise to the Internet,'' said Philippe Courtot, chairman and CEO of PaymentNet. ''As a hosted solution, eFalcon is an easy-to-integrate solution from a single-source provider and is uniquely complementary with our strategy of delivering a 'ubiquitous hosted platform' for payment across the Internet. The service will greatly benefit the market because it is able to capture 'in a single place' the events that lead to Internet credit card fraud.'' HNC's eFalcon service helps merchants manage the problem in three ways: patented analysis techniques to accurately detect fraud, powerful strategy management tools to boost overall order acceptance, and flexible customer service tools to help ''rescue'' high-value orders identified as high-risk. ''eFalcon represents another milestone in HNC's strategy of delivering highly-specialized fraud solutions for different markets,'' said Allen Jost, HNC financial solutions vice president. ''The Internet requires a specialized solution because online shopping transaction patterns are different than traditional credit card use. eFalcon takes these unique characteristics into account to deliver a complete business solution to the Internet fraud problem.'' He added, ''Consumers appreciate the extra protection offered by eFalcon, while those intent on fraud are deterred.''

To: SMALL FRY who wrote (39029)	5/10/1999 2:50:00 PM
From: ayahuasca	Read Replies (1) \| Respond to of 120523

Hi SF. Just got back from a much needed vacation. I hope you all had a good end of the week here. I am still in the gutter, stock wise. I need the inets to come back within the next 10 days, desperately. Today is somewhat encouraging but I have a hell of a long way to go. USWB remains my big gun and I will live or die by that. I am still holding a tremendous amount of options in this and if USWB can comeback strong I might be able to heal my wounds. I am holding May 25's, 30's and unfortunately 40's. I am not expecting anything from the latter but if I can get something out of the first two I will be pleased. The others I continue to ride are AWRE, SWS, TBFC, BKS, NSOL and AOL. I have been stuck holding the bag with options on most of these things for about two to three weeks now (ever since I was blindsided- I have been holding waiting for a recovery but it never came. I am now hoping for a HUGE recovery). I just keep waiting it out but it is now getting close to the bone and I need to recoup. If I can get out of this mess I will have learned quite the lesson and I only hope I have a chance to get back and start anew. We'll see what happens.