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Microcap & Penny Stocks
PWDR
An SI Board Since February 1999
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Emcee:  The Virus Type:  Unmoderated
I just purchased this stock today reading their news release yesterday. At .54 this stock seem too cheap.They just announced that they have aquired an option to buy a 51% interst in Lansource Technologies. Look at there web and the news releases on it. Rumour has it a management person from China Online is flying to see the company next week. We will have to see how this plays out.

Power Direct, Inc. Announces Signing of Letter of Intent

BusinessWire, Tuesday, February 16, 1999 at 09:13

BELLINGHAM, Wash.--(BUSINESS WIRE)--Feb. 16, 1999--The board of
Power Direct, Inc. (OTC BB: PWDR) is pleased to announce that the
Company has signed a Letter of Intent and made a sizable
non-refundable deposit to acquire up to 51% of LANSource Technologies
Inc. LANSource has 45 employees and offices in Canada, U.K, and
Germany. LANSource is a leading developer of award winning Internet
and LAN-based fax and data communications software. LANSource's
primary products are WINport, a modem-sharing application and FAXport,
a suite of fax products designed to maximize resources across the
Internet. The Company's products incorporate expertise in Internet,
FoIP (Fax over IP), data communications and networking and are Windows
based ranging in scope from commercial applications, targeted at the
ISP market, to businesses of any size.

WINport, the company's modem sharing software, is the leading
software in its category and is currently available in 12 languages.
Operating on a client server model, this software shares a modem
located on a Windows NT/95/98 PC or a Novell Server with other
workstations located on the LAN.

FAXport, the company's client-server fax software, is currently
available in 4 sub-brands, including FAXport for Windows NT networks,
FAXport for Lotus Notes/Domino, FAXport for Exchange and FAXport for
Thin-Client Computing. This software allows users to send and receive
faxes from their desktop or through their e-mail system. FAXport also
has an Enterprise version that allows companies to set up a Virtual
Fax Network from which to route faxes through the least cost point on
their network. Earlier this year LANSource announced that a new
product FAXport Virtual Fax Networking for Enterprises and Internet
Fax Service Providers join the FAXport family of software for market.

LANSource currently has strategic alliances with Microsoft
(NASDAQ:MSFT), IBM (NYSE:IBM), Hewlett Packard (NYSE:HWP), 3 Com
(NASDAQ:COMS), Brooktrout (NASDAQ:BRKT), Citrix (NASDAQ:CTXS) and
Moreton Bay Ventures, manufacturer of the RAStel Multimodem.

WINport, FAXport and FAXplusCONNECT are distributed worldwide
through Tech Data US, Tech Data Canada, Ingram Micro Canada, Ingram
USA, Ingram UK, Ingram Italy, EMJ Data Systems Canada, EMJ USA,
Merisel US and Micro Central.

The board of Power Direct, Inc. intend to form a wholly owned
subsidiary for the purpose of investing in viable technology and
internet companies. LANSource will be its first acquisition. This
transaction is expected to be finalized within the next thirty days.

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ReplyMessage PreviewFromRecsPosted
71 Financial Public Relations Firm Retained biz.yahoo.comwlcnyc-10/22/1999
70 Checked out there site...pretty cool...even sent a few cards...which I found tjeff c.-7/28/1999
69 Good sign, they are hiring new employees! Web Applications Programmer ResponsTallTrader-7/27/1999
68 Tuesday July 27, 9:00 am Eastern Time Company Press Release Legal Opinion Setjeff c.-7/27/1999
67 Here's the news about the spin-off: go2net.newsalert.com TomThomas Kelly-6/15/1999
66 Thanks, Traci. Quite franky, I had not realised shareholders were to participaThomas Kelly-6/7/1999
65 here's another one!!! From : Business Wire Traci Mancini-6/6/1999
64 here is a news release! Thursday June 3, 01:41 PM Eastern time Traci Mancini-6/6/1999
63 i got mine from a reliable source, the guy has been right on in the past but yolee cheung-5/11/1999
62 Either we are all being duped (very possible) or something big is up. Can anyboJustin Curran-5/11/1999
61 i hear this thing is about to go too, and i don't work for them or anythinglee cheung-5/11/1999
60 what street was that that they are saying this??? let us know when the trip &Jim B-5/11/1999
59 I hear that word on the street is that there is going to be a big push in the vScanner-5/11/1999
58 the rb board said rumor is pwdr is in LA FOR BIG meeting. maybe i will slip inkiethrae-5/6/1999
57 Lighten up. He's just sharing what he heard. He said it was a rumour theseJustin Curran-5/6/1999
56 Scanner, it's not a question of offending me or anyone else. The purpose ofThomas Kelly-5/5/1999
55 Sorry Tom, didn't mean to offend you.I'm just relaying what I heard froScanner-5/5/1999
54 This is the kind of post we don't need. If you have information that is of Thomas Kelly-5/4/1999
53 I hear that there is huge news coming soon, don't sell this one just yet. Scanner-5/4/1999
52 buy again at .30 in two weeks or so. besure and dump on it next run up.kiethrae-4/30/1999
51 hopefully the sell off is over Laura E.-4/29/1999
50 Presence, Did you buy SJIG?? Its running. spy hard-4/29/1999
49 WE'RE SWITCHING TO SYMBOL: TALL Robert G. Hanah-4/29/1999
48 PWDR - lots of buying - no upward movement. makin_dough99-4/29/1999
47 What stock are you referring to? makin_dough99-4/29/1999
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