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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (7784)	6/2/1999 8:59:00 AM
From: Rock_nj	Read Replies (2) \| Respond to of 57584

Rande Is, Do you see any potential with this one? I know you're not very optimistic about Internet related stocks right now (and rightly so, great call on the Internet top a couple of months ago). I do not yet hold a position in this one. Tuesday June 1, 10:49 am Eastern Time Company Press Release L J International Announces Launch Date for E-commerce Jewelry Site NEW YORK & HONG KONG--(BUSINESS WIRE)--June 1, 1999--L J International Inc. (NASDAQ/NMS-JADE)today announces their e-commerce jewelry web site will be open to the public starting June 15, 1999. Yu Chuan Yih, CEO, stated ''LJ's e-commerce site is undergoing final beta-testing after one year of development and the company will issue a further press release when the site is released to the public.'' Mr Yih further commented, '' LJ's position of being one of the world's largest fully integrated jewelry manufacturers should allow us to develop a presence in the online marketing of jewelry much as Amazon.com (NASDAQ- AMZN) has in the book e-commerce business. LJ's web site will also have an appraisal feature which will allow visitors to the site to guess the actual selling price and win a piece of jewelry if their guess is the closest to the actual selling price. LJ International has committed to an extensive marketing program for their e-commerce site, which will include but not limited to, advertising and key word placement with many major portal sites, as well as traditional print media in many of the industry magazines and journals. Ringo Ng, CFO, stated ''We plan to make our e-commerce site profitable and are taking the necessary steps to drive traffic to the site through as many advertising mediums as we deem viable.'' LJ International is one of the world's few totally integrated gem set jewelry manufacturers (cutting gemstones as well as manufacturing fine jewelry). The Company operates four manufacturing facilities in the PRC that employ around 2,500 skilled craftsmen. The Company produces more than 1,000,000 pieces of fine finished jewelry, and cuts more than 4,000,000 carats of high quality gemstones annually.

To: Rande Is who wrote (7784)	6/2/1999 12:07:00 PM
From: T. Ambrose	Read Replies (1) \| Respond to of 57584

Regarding: >>I am wondering if the buying between April 28 and May 4 was by P and Drs. . . there did seem to be an unusual amount of pumping. . . might be worth someone going back and researching the who whats and wheres of OBJS to see if there is evidence of pump and dump.<< It seems to me the increase in price/activity was legit considering the content of the four news reports issued between those dates, as follows: BW 04/28 08:47 ObjectShare Signs Distribution Agreement With Object International; ObjectShare Becomes Authorized Reseller of Object International's Together/J in North America and Latin America M2PR 05/03 13:49 -OBJECTSHARE: ObjectShare signs distribution agreement with Object International BW 05/03 08:47 ObjectShare Releases VisualWorks 3.1 for Linux; VisualWorks 3.1 for Linux Available Soon Via ObjectShare's Web Site BW 05/04 08:45 ObjectShare Appoints New Board Member