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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (28291)5/16/1999 7:02:00 PM
From: NicktheGreek  Read Replies (1) | Respond to of 44908
 
This may be dumb, but could this be used by TSIG?

To: allen v.w. (18580 )
From: allen v.w. Sunday, May 16 1999 1:34PM ET
Reply # of 18586

I wonder if PNLK knows about this company?
----------------------------------------------
May 16, 1999 09:46

SmartShip.com Launched as World's First Virtual Courier; Similar to Online Travel, the Consumer Can Ship Packages Using the Internet
IRVINE, Calif.--(BUSINESS WIRE)--May 16, 1999--Janet Dean made history today when she used SmartShip.com to generate a completed airbill to send her overnight package -- all via the Internet.
Dean, office manager at Anaheim, Calif.-based CST Environmental, Inc., a leading asbestos abatement firm, accomplished this task online, without using the telephone -- even for scheduling the pickup.

At the SmartShip.com Web site (http://www.smartship.com), users can compare shipping prices and services, select a courier, and print an airbill using their PC -- in a matter of seconds. Membership and use of the website is free. The user only pays for the cost of the package shipment.

Between any two zip codes, SmartShip.com compares overnight package delivery companies by displaying rate and service information for Airborne Express, FedEx, UPS, the U.S. Postal Service, as well as other regional and national couriers. Package tracking for these couriers is also simplified via a consistent display of tracking results.

SmartShip.com started deploying online shipping with a regional courier, Golden State Overnight, prior to a full national rollout scheduled for the coming weeks. When the shipper chooses an "enabled" service such as Golden State Overnight, the rest of the package shipping process becomes remarkably simple -- users print out a plain-paper label on a laser or inkjet printer, and either generate an automatic pickup request with confirmation, or obtain directions to and deadlines for the nearest drop off location. The courier shipping cost is paid online using a corporate or personal credit card. Soon, shippers will have the option of entering established courier account numbers.

Other SmartShip features include an "intelligent" address book, sender-recipient email notification services for pickup and delivery status, and a history of all shipping transactions. Package tracking is done through a simple and consistent interface

"It is all about simplicity," said Mark Hawkins, VP Strategic Marketing of Virtran, Inc., the developer of SmartShip.com. "Shipping is a chore that takes anywhere from five to fifteen minutes per package. If we can make life simpler by reducing that time to 60 seconds or less, we have done our job. We don't touch the packages. We simply present options to our users, and facilitate their transaction of choice -- that is what makes us a virtual courier."

"The Web allows us to play the role of an 'Infomediary' that provides an equal playing field for both the courier and the shipper. We are an unbiased and independent consumer advocate, and don't play favorites with the couriers. We value service, price and on-time performance but we let our customers make the choice."

Virtran, Inc., headquartered in Irvine, is a developer of industry-specific search engines and transaction engines.

CONTACT: Virtran, Inc.
Mark Hawkins, 949/453-9669
Kimberly Newman, 949/453-9669






To: Andrew H who wrote (28291)5/16/1999 7:20:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 44908
 
Andrew, I was not making a "value judgment" on Gordon's actions, just trying to account for the apparent fact that no insider form were filed and the inevitable conclusion that some shares must have been sold. To decide if it reflects badly or not, you really have to sit with these documents (all the 10Q's and the S-8 and S2B) and try to understand the denouement. At some point in time, he actually put money in the company to keep it afloat, but you have to see where that money came from (if from selling high to the public and then buying low via options, grants and loan conversions). That is more than I can do. The info is there.

I have to assume that filing the S-8 forms are in lieu of the form 4, if it is not, then there might be some legal problems of insider selling without reporting. If I was a betting man, I would guess that from the legal point of view, everything is fine.

Zeev