ESAT - Chinesische Satelitentechnik mit Zukunft ! - 500 Beiträge pro Seite

[olmcf]

Informiert euch einfach mal über diesen Wert !

olmcf

[olmcf]

Derzeit plus 38 prozent !
Jaja wer nicht hören will
Aber dies ist erst der Anfang!

olmcf

[olmcf]

ESAT INC - OTC BB Domestic: ASAT
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News March 31, 11:32 Eastern Time

(ES8) eSAT Inc. Announces 1999 Year End Results And Summary of Business; eSAT Transitions Business to Service Provider Model With Significant Funding And Limited Debt

FOUNTAIN VALLEY, Calif., Mar 31, 2000 (BUSINESS WIRE) --

eSAT
Inc. (OTC: ASAT)(FRANKFURT: ES8), a satellite broadband service
provider, Friday announced financial results for the year ended Dec.
31, 1999.
eSAT reported net income in 1999 of $73,199,401 and posted a
restated net loss of $93,481,185 for 1998. The restatement of 1998
is due to the correct application of APB 25 resulting in a non-cash
compensation expense of $90,754,014 with a corresponding reversal of
$81,945,112 in 1999. Earnings for 1999 were $3.42 per share (diluted)
as compared with a loss of $5.81 per share (diluted) in 1998.
"As we look back on 1999, we see a year in which eSAT changed its
business direction and strategy from a single product company to a
service company offering three forms of satellite and data delivery
services," stated Michael Palmer, chief executive officer. "In
addition to our greatly improved GSI (Global Satellite Internet)
gateway, eSAT now offers services through its ChannelCasting(TM),
point to multi-point broadcast capability and its bi-directional
Nexstream(TM) service. eSAT has also found significant interest in
providing bi-directional satellite services to the business continuity
market for back-up to fiber networks. As a result of these changes,
our channel of distribution was redirected to include value added
resellers capable of providing and supporting our solution driven
services and incorporating them into customer oriented value
propositions.
"In the year 2000, we expect significant growth resulting from the
solid foundation we built in 1999. The first Nexstream product was
successfully tested, shipped, and installed during the fourth quarter
of 1999. We are now ramping up our delivery capabilities to meet the
level of sales which current customer indications require. We believe
sales will further be enhanced by an agreement, which is scheduled to
be concluded in April, among the chief executive officers of Innostar
Hi-Tech Enterprise Ltd., Hartcourt and eSAT which will create a joint
undertaking and implementation of a plan for broadband services to the
largest cities in mainland China. Additionally, eSAT has concluded a
service agreement with Hutchinson Corporate Access (HK) Ltd., a
subsidiary of Hutchinson Whampoa Limited, which will enable eSAT to
begin offering Pan-Asian services almost immediately.
"Discussions are currently underway with Korean partners to
provide joint services throughout Korea. By implementing an uplink
facility in Hong Kong and Seoul, eSAT will be in prime position to
realize its goals in the Pacific Rim. eSAT also has plans to build an
additional Network Operations Center in Los Angeles to provide global
satellite services across the Pacific. In addition, discussions are
underway with several companies in Europe to link to eSAT`s Network
Operations Center in North Carolina providing the same services across
the Atlantic. Our recent funding, combined with the fact the company
has little debt, should put the company in a solid position to take
advantage of our early entry into the broadband services market which
is expected to grow to $30 billion in the next few years," added
Palmer.

About eSAT Inc.

eSAT is a broadband service provider for businesses, educational,
and government institutions via satellite. The company`s core
products provide Internet access and networking services through its
Global Satellite Internet (GSI(TM)) gateway and its recently
introduced, Nexstream(TM), with bi-directional communications. eSAT`s
Nexstream(TM) provides organizations with an untethered, secure,
transportable, cost-effective communications solution for facilities
anywhere regardless of communications infrastructure. Additional,
eSAT`s ChannelCasting(TM) (IP multicasting) provides delivery for
consistent, accurate, secure and reliable content instantaneously
within an eSAT Virtual Private Network (VPN) or Private Network (PN).
Information about eSAT is available by calling 888/895-0007 or by
visiting www.esatinc.com.

Certain statements in this news release may constitute
"forward-looking" statements within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements
involve risks, uncertainties, and other factors, which may cause the
actual results, performance, or achievement expressed or implied, by
such forward-looking statements to differ.

ESAT INC. REPORTS FISCAL 1999 YEAR END RESULTS AND
RESTATEMENTS OF 1998 YEAR END RESULTS

ESAT INC.
CONSOLIDATED STATEMENTS OF INCOME

Restated
1999 1998

SALES $ 423,640 $ 341,047

COST OF SALES 1,432,717 685,570
Gross margin (1,009,077) (344,523)

GENERAL AND ADMINISTRATIVE EXPENSES 7,916,819 2,613,468
Loss from operations (8,925,896) (2,957,991)

OTHER INCOME (EXPENSE)
Compensation adjustment recognized
under APB 25 81,945,112 (90,754,014)
Other income 149,684 --
Interest income 57,158 --
Gain on sale of assets 675 --
Interest expense (25,730) (11,371)

82,126,899 (90,765,385)
Income (loss) before income
taxes and extraordinary income 73,201,003 (93,723,376)

PROVISION FOR INCOME TAXES 1,600 800

Income (loss) before
extraordinary income 73,199,403 (93,724,l76)

EXTRAORDINARY INCOME -- 242,990

Net income (loss) $73,199,403 $(93,481,186)

EARNINGS PER COMMON SHARE:
Income (loss) before
extraordinary income $ 4.02 $ (5.83)

Net income $ 4.02 $ (5.81)

EARNINGS PER COMMON SHARE: - ASSUMING DILUTION:


Income (loss) before
extraordinary income $ 3.43 $ (5.83)

Net income $ 3.43 $ (5.81)
*T

Distributed via COMTEX.

Copyright (C) 2000 Business Wire. All rights reserved

[olmcf]

Interesse scheint nicht sehr gross,da werde ich nochmal zulangen.

olmcf

[olmcf]

Und schon wieder HAMMERNEWS !
Wir sehen uns in einem halben Jahr wieder !






ESAT INC - OTC BB Domestic: ASAT
Quote, Profile, History, News, Options, Chart, Zacks, MarketGuide, StockTalk Remove from WatchList

News April 05, 10:16 Eastern Time

eSAT Inc. Announces Joint Venture With Leading Indonesian ISP; Company Will Provide Broadband Satellite, Microwave and Network Services To Businesses and Consumers Throughout Indonesia

FOUNTAIN VALLEY, Calif., Apr 5, 2000 (BUSINESS WIRE) -- eSAT Inc. (OTC:ASAT)
(FRANKFURT:ES8), a broadband satellite and last mile wireless service provider,
Wednesday announced that it has signed a Letter of Intent with PT. Jaring Data
Interaktif (JDI).

eSAT and JDI have agreed to form a joint venture, eSAT Indonesia Inc., to
operate broadband wireless internet services in Indonesia. This agreement is
subject to the approval by the Board of Directors of both companies, all
required regulatory and government approvals.

JDI, will be 90% owned by AcuBid.com Inc. (OTC BB: EBID) of Carlsbad, Calif., who
will provide eSAT Indonesia with sales, marketing and distribution channels in
addition to existing network infrastructure. Under the joint venture, eSAT will
deliver a high-speed satellite connection to Indonesia and distribute the
bandwidth using its last mile wireless technology.

"eSAT is the ideal partner due to its integrated last mile wireless solution and
its patent pending satellite backbone technology which will bring the first
fiber like Internet access speeds to the Indonesian marketplace," stated Dicky
Iskandar di Dinata, president and chief executive officer of JDI.

"eSAT`s proven technology and expertise in wireless networking will enable JDI
to meet its objective of becoming the leading ISP, content provider and
e-commerce site for Asia and in particular Indonesia," commented Steven Tulk,
Senior VP Business Development of eSAT.

"This is a strong indication of the acceptance of our technology as we expand
our services to the international marketplace and implement our global satellite
network," said Tulk.


About PT. Jaring Data Interaktif (JDI)

JDI provides both dial-up and broadband Internet services for Indonesian
customers. JDI has licenses and contracts to exclusively market a wide range of
content from media sources, including TV stations, radio stations, cable TV and
newspapers.

JDI holds the Internet marketing rights for: 15 radio stations across Indonesia;
Datakom Asia, Indonesia`s largest Direct TV company; SCTV, Indonesia`s third
largest national television station; Indonesia TV guide and other national media
publications, including Indonesian Observer, one of the largest
English-Indonesian daily newspapers. In addition, JDI owns Asia Connect, a
start-up ISP and Mesana Investments, a stock brokerage company.


About eSAT Inc.

eSAT Inc. is a broadband service provider via satellite and microwave. The
company`s core products provide Internet access and networking services through
its Global Satellite Internet (GSI(TM)) gateway and its Nexstream(TM) product,
with bi-directional communications.

eSAT Inc.`s Nexstream(TM) provides organizations with untethered, secure,
transportable, cost-effective, global communications, regardless of their
communications infrastructure. eSAT Inc.`s ChannelCasting(TM) Service (IP
multicasting) provides delivery for consistent, accurate, secure and reliable
content instantaneously within an eSAT Inc. Virtual Private Network (VPN) or
Private Network (PN).

Additionally, eSAT is providing Business Continuity services through its
Nexstream(TM) product as a reliable back up and a preventative measure to
business interruption from land line failure. Information about eSAT Inc. is
available by calling 888/895-0007 or by visiting www.esatinc.com.

Certain statements in this news release may constitute "forward- looking"
statements within the meaning of Section 21E of the Securities Exchange Act of
1934. Such forward-looking statements involve risks (including the risk that the
transaction will not be completed), uncertainties and other factors, which may
cause the actual results, performance or achievement expressed or implied, by
such forward-looking statements to differ.


Distributed via COMTEX.

Copyright (C) 2000 Business Wire. All rights reserved.

[SoWhat]

Guten Abend OLMCF,

bin bei Dir und schon länger dabei. Hole jetzt mal einen Thread nach oben mit allen Facts.

Good luck

sowhat

[olmcf]

Grüss dich sowhat, endlich jemand hier.
Wie beurteilst du diese Nachricht?
Sieht doch wirklich sehr gut aus.

[SoWhat]

Hi,

Thread ASAT lesen. Bin Bullish und hab Zeit.

Good luck

sowhat

[olmcf]

So ein Müll, warum verkauft mir keiner seine Esat?
Habe Abstauberlimit 3.3 Euro in Frankfurt.

Los macht schon !