Hier ein Bericht eines Teilnehmers an der HV in Las Vegas. Der Bericht wurde ins Raging Bull Board gepostet. Viel Spass beim Lesen. Hört sich sehr gut an!!
Trader
LAST REPORT FROM VEGAS ....
I presume many other meeting attendees have already reported in but I don`t have time to read back through the posts. My views are:
1) Hartcourt is the fastest-growing company of the thousands currently listed on the OTCBB. The company will make another five or six key acquisitions by the end of 2000 and will meet Dr. Phan`s promise of being "at least 10 times bigger in size" than at the end of 1999.
2) Hartcourt is the most dynamic small company on the OTCBB and more dynamic than a good percentage of the Nasdaq-listed companies. By that I mean the relationship between Hartcourt`s size and the stature of the companies with which we are linking. (Example, it is not necessarily dynamic for Yahoo to link with Hartcourt but it is very dynamic for Hartcourt to link with Yahoo, Nokia, China Telecom, China Online etc. My view of dynamism is when the little fish consistently takes bites out of the big fish).
3) Hartcourt will become more "dynamic" in the months ahead. We will all be completely amazed by the next series of deals to be announced with some of the world`s most powerful companies.
4) Hartcourt will stay well ahead of the curve by becoming a multimedia company in China, opening up many new avenues for revenues and profits.
5) Hartcourt management team is "connected" in China and completely understands the market and the governmental maze. No other American company of any size is positioned to take advantage of the desires of the Chinese government like Hartcourt.
6) Hartcourt has a brilliant management team in place to lead the company for the next decade. More new hires will be announced in coming months to expand this professional team. The Hartcourt management team, while still small, will be the envy of many much larger companies.
7) The management team has a solid plan for future growth. Dr. Phan has a firm handle on revenue growth and eventual profits. Cash flow and financing needs shorter-term are not an issue. Phan has literally dozens of proposals available for funding. Like a smart CEO, he doesn`t want to use any if possible, including Scwartz. He is protecting shareholders against dilution in a very impressive way.
8) The biggest names in underwriting are negotiating with Hartcourt on the SinoBull IPO. SinoBull has real and recognized value. It is the goal of both Hartcourt and the underwriters to do the IPO at a time of maximum benefit. We are still a few months away, most likely, but the IPO market is starting to improve. Again, we as shareholders will be proud and pleased when Hartcourt announces its IPO partner or partners.
9) Nasdaq has no substantive issues remaining. Hartcourt has answered all questions and we must be in the very final stages before the announcement. Remember that the Nasdaq Exchange is a business. They are actively searching for the best new technology companies available to add to their listings. Can any logical person find a reason they would not want HRCT?
Meeting conclusion: Hartcourt is probably the most unique and dynamic OTCBB company in existence. It will also be a dynamic player on the Nasdaq market. I would have no short-term concerns about share price. We are obviously being "traded" right now by people who recognized a quick runup and are taking profit. That does not affect us as longterm shareholders. The growth and excitement being generated by Hartcourt will take care of share price.
Trader
LAST REPORT FROM VEGAS ....
I presume many other meeting attendees have already reported in but I don`t have time to read back through the posts. My views are:
1) Hartcourt is the fastest-growing company of the thousands currently listed on the OTCBB. The company will make another five or six key acquisitions by the end of 2000 and will meet Dr. Phan`s promise of being "at least 10 times bigger in size" than at the end of 1999.
2) Hartcourt is the most dynamic small company on the OTCBB and more dynamic than a good percentage of the Nasdaq-listed companies. By that I mean the relationship between Hartcourt`s size and the stature of the companies with which we are linking. (Example, it is not necessarily dynamic for Yahoo to link with Hartcourt but it is very dynamic for Hartcourt to link with Yahoo, Nokia, China Telecom, China Online etc. My view of dynamism is when the little fish consistently takes bites out of the big fish).
3) Hartcourt will become more "dynamic" in the months ahead. We will all be completely amazed by the next series of deals to be announced with some of the world`s most powerful companies.
4) Hartcourt will stay well ahead of the curve by becoming a multimedia company in China, opening up many new avenues for revenues and profits.
5) Hartcourt management team is "connected" in China and completely understands the market and the governmental maze. No other American company of any size is positioned to take advantage of the desires of the Chinese government like Hartcourt.
6) Hartcourt has a brilliant management team in place to lead the company for the next decade. More new hires will be announced in coming months to expand this professional team. The Hartcourt management team, while still small, will be the envy of many much larger companies.
7) The management team has a solid plan for future growth. Dr. Phan has a firm handle on revenue growth and eventual profits. Cash flow and financing needs shorter-term are not an issue. Phan has literally dozens of proposals available for funding. Like a smart CEO, he doesn`t want to use any if possible, including Scwartz. He is protecting shareholders against dilution in a very impressive way.
8) The biggest names in underwriting are negotiating with Hartcourt on the SinoBull IPO. SinoBull has real and recognized value. It is the goal of both Hartcourt and the underwriters to do the IPO at a time of maximum benefit. We are still a few months away, most likely, but the IPO market is starting to improve. Again, we as shareholders will be proud and pleased when Hartcourt announces its IPO partner or partners.
9) Nasdaq has no substantive issues remaining. Hartcourt has answered all questions and we must be in the very final stages before the announcement. Remember that the Nasdaq Exchange is a business. They are actively searching for the best new technology companies available to add to their listings. Can any logical person find a reason they would not want HRCT?
Meeting conclusion: Hartcourt is probably the most unique and dynamic OTCBB company in existence. It will also be a dynamic player on the Nasdaq market. I would have no short-term concerns about share price. We are obviously being "traded" right now by people who recognized a quick runup and are taking profit. That does not affect us as longterm shareholders. The growth and excitement being generated by Hartcourt will take care of share price.
