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Microcap & Penny Stocks : E-COMMERCE by JVWEB, INC. (OTCBB:JVWB) -- Ignore unavailable to you. Want to Upgrade?

To: GC who wrote (575)	5/23/1999 9:43:00 PM
From: jerry	Read Replies (1) \| Respond to of 767

thanks GC for that clarification. Those exercise terms are not very favorable to warrant holders, wish I had seen them earlier. But as I understand it from that info you posted, they must give us written notice of redemption, plus a specific date of redemption 30-60 days after the written notice. I haven't received any notice yet from my broker, and their May 18 PR simply says they encourage exercise, but no specific redemption date is given. I'll contact the company IR for more info.

To: GC who wrote (575)	5/24/1999 8:13:00 AM
From: GC	Respond to of 767

part II by: Ambiorixxx 7916 of 7956 -Q&A session: what about the short sellers ? Short selling is made possible by institutions who lend out YOUR shares to short-sellers even without your knowledge or approval. This can be stopped by putting shares in a cash account instead of a margin account, or by working with brokers who support the company, like SG Cowen Securities (BTW, Mr; Constant, Director Private Client Group was available for comments and said his company's target price in 2000 is 85 USD and he expects shorts to get badly hurt in the very near future). The CBF (Belgian SEC) will issue guidelines so that Belgian-owned shares cannot be used for shorting without explicit consent of the private stockholders. Nine million shares are known to be owned by Belgian institutions or citizens. - Q&A: what about the lawsuits ? Mr. Levy of Brown, Rudnick, Freed & Gesmer (Boston law firm) said the lawsuit is now consolidated to one leading plaintiff and one place: Boston. Because SEC changed its rules in October 1998, L&H agreed to retro-active bookkeeping changes but given the SEC investigation outcome and the independent review by external appraiser(oops, I forgot his name) , he considers the case baseless and over in a few months. If the court should unexpectedly decide more info is needed the case can last well into 2000, but in a worst-case scenario the company is well insured against this American phenomenon of ambulance chasers (the downside of NASDAQ quotation according to one stockholder). Mr. Behets from accounting firm KPMG stated his firm fully and unequivocally supports the company's books. - Q&A: what about mud-slinging gutter-journalists (sounds familiar ?) ? Ties to shorters are hard to prove in the judicial sense, but it is the right of private investors to complain to SEC and national authorities about stock manipulation so they can look into the matter. BTW, only 4 % of revenue comes from related companies, and more than half of this 4 % is from MSFT. - Proposals and votes: all proposals are approved by over 99 % -We got demos of the new Dutch VoiceXpress to be released next month, and Realspeak (very human-sounding voice, quite impressive, no wonder Intel loves this company). BTW, it will be possible to sample your own voice so your computer can speak for you. Think off the possibilities ! -Then it was time for drinks, snacks and chatter. Management was very approachable, and I was able to talk to the following persons : Mr. Levy (company attorney) , Mr. Constant (American broker), Mr. Hauspie (co-founder), Mr. Bastiaens (CEO), Mrs. Spooren (IR worldwide), and Mrs. Blondeel (IR-Europe). They understandably did not divulge any secrets, but still I found it very interesting to meet them in person and try to read some body language. So for what it's worth: I personally think that the big internet and telecommunications companies L&H is talking to are very likely ATT, BT, DT, and/or Cisco, with my personal favorite Cisco because of the recent investment of Cisco in Flanders Language Valley. I would not mind being wrong, though, if it turned out to be ATT (MSFT's darling of late). My conclusion: this company is going to show consistent growth in a huge market with few viable competitors. Stock price is going to follow the eanings growth, with less volatility than before, and contrary to some other internet stocks instead of a bubble I think L&H is undervalued due to shorting activities. When Mr. Lernout and Mr. Hauspie get the green light for buying 40 million dollars in shares, shorting will be a thing of the past and price levels of 50 to 60 USD seem more in line with forecast earnings in the current and coming quarters. (Latest estimate revision: LADENBERG THALM increased estimate for fiscal year ending 12/99 from $0.89 to $0.92 on 05/19/99 ). Posted: 05/22/99, 9:15AM EDT as a reply to: Msg 7915 by Ambiorixxx View Replies to this Message Related Links Quote & News Profile Research Insider Go to: Start \| Most Recent \| Msg #: All Boards & Topics Authors Terms and Conditions Yahoo! is a trademark of Yahoo! Inc. Copyright © 1994-99 Yahoo! All Rights Reserved.