New Tel Ltd - 500 Beiträge pro Seite

[RCZ]

Dirks Issues Strong Buy on New Tel

NEW YORK, June 15 /PRNewswire/ -- The following is being issued today by Dirks & Company, Inc., a member of the National Association of Securities Dealers, CRD number 42185:

New Tel Ltd. (Nasdaq: NWLL) today received a Strong Buy recommendation, as New York`s Dirks & Company, Inc. (NASD CRD: 42185) updated its research coverage on this Australian-based telecommunications company. The report was prepared by Wall Street analyst, Raymond L. Dirks.

As the report indicates, New Tel is expected to acquire Chinese government-owned web sites by the end of New Tel`s fiscal year to gain a 17% market share of Chinese-based Internet users.

"At this point," Dirks says, "New Tel will rank only second to China Telecom in terms of its share of the Chinese telecommunications market."

Dirks said that however ubiquitous e-commerce, Internet access and ISP services become in the Chinese marketplace over the next three years, New Tel is now poised to be at the center of that market, if not leading it.

"According to the report, our short-term target prices for New Tel is A$5/share, or the equivalent of US$30 for the ADRs," said Dirks. "Looking forward, we`ve put New Tel in our `100 by 100 Club` -- a stock price of $100 for NWLL in 100 weeks. New Tel represents our most recent appointment to this club."

New Tel emerged last year as a telecommunications company providing services between Australia and China. The company has since leveraged its commercial relationships within China so as to potentially become the Internet-access portal of choice for users of the Chinese-Government-owned web sites.

Any statements released by New Tel Ltd. that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risks and uncertainties that may affect the company`s business prospects and performance. These include economic, competitive, governmental, technological and other factors discussed in the statements.

Dirks(1) & Company, Inc. Research Analyst: Ray Dirks
Consulting Analyst: Leo Murphy
520 Madison Avenue, 10th Floor Phone: [phone]
New York, New York 10022-4236 800-774-0778
email: [e-mail] Fax: [phone]

We initiated research coverage of New Tel Ltd. last November 1999 when the
ADR`s were priced at $8. The ADR`s unexpectedly shot up to $51 by January,
but have since settled down. This research report updates that earlier
write-up to reflect imminent corporate developments.

New Tel Ltd.
(NWLL: ADR`s on NASDAQ Small Cap)

Australian Stock Exchange NASDAQ ADR`s
In Australian $ in US $

Recent Price A$2.20 $13.25
52 Week High 4.40 51.00
52 Week Low 1.08 3.00
Share Outstg. (mm) 137 14
Market Cap (mm) A$301.4 US$185.5

Note: New Tel is listed on the Australian Stock Exchange under the symbol
NWL.
The Company`s ADR`s are listed on NASDAQ under the symbol NWLL.
There are ten shares of New Tel common stock underlying each
NASDAQ ADR.

Contents:
-- Common Stock Data (above)
-- Projected Operating Results through 2003
-- Summary & Investment Conclusion
-- History & Nature of Business
-- China, The Internet Connection and The Investment Opportunity
-- The Ten largest Open-end Mutual Funds with an "I" on China

We have established a near term (six months) target stock price at A$5.00
(US$30 for the ADR`s, traded on NASDAQ) and longer term, we now include
the NWLL ADR`s in our prestigious "100-by-100" Club ... US$100 within 100
weeks.

(1) No Statement or expression of opinion or any other matter contained
herein, or is likely to be, directly or indirectly, an offer or
solicitation of an offer to buy or sell the security referred to
above. The information contained herein is taken from sources
believed to be reliable, but its accuracy cannot be guaranteed. There
can be no assurance that future recommendations by these sources will
prove profitable or equal the performance of past recommendations.
The principals and employees of this company may trade in securities
mentioned herein subject to self-imposed restrictions; such affiliated
persons may at any time hold positions in issues recommended


Projected Operating Results
Mkt Cap to Earnings
FY Ends June Revenues Revenues Per Share P/E
(mm)

2000 (e) A$10 7 times A$0.02 75 times
2001 (e) 70 3 times 0.15 10 times
2002 (e) 150 1 times 0.40 4 times
2003 (e) 300 <1 times 1.00 2 times

Summary and Investment Conclusion

-- New Tel first emerged last year as a young Australian
telecommunications company providing telecommunications services
between Australia and China

-- The Company has since leveraged its commercial relationships within
China so as to potentially become the Internet-access portal of choice
for the 22 million unique users for the Chinese-Government-owned web
sites.

-- As of April 2000, industry observers estimate that 10% of the Chinese
population had telephone (and by extension, Internet access), or about
130 million people

-- This is 45 million more than the December 1998 number (85 million) from
the "World Book of Facts," implying that in 16 months, approximately
88,000 new people in China became tele-connected, every day,
representing a 40% annualized growth rate

-- Post-acquisition of the Chinese Government-owned web sites, New Tel,
last year`s young emerging Australian telecommunications company, will
possess a world-class commanding 17% market share of Chinese-based
Internet users, arguably the fastest growing e-commerce market on the
planet

-- Post-acquisition of these web sites, we believe New Tel will rank
second only to China Telecom in terms of its share of the Chinese
telecommunications market

-- Howsoever e-commerce, Internet access and ISP services express
themselves in the Chinese marketplace over the next three years, New
Tel is poised to be at the center, if not in the lead


Last November, we initiated research coverage of New Tel, identifying the promising commercial prospects of this overlooked and underfollowed MicroCap company. New Tel met our dual screening criteria at that time: The Internet and China. New Tel`s ADR`s immediately began to appreciate to the mid-$30`s shortly thereafter, momentarily peaking at $51/ADR on January 4th. Since then, the market temperature of the Company`s stock has cooled as enthusiasm for strategic alliances & joint ventures is replaced by the dull reality of legally binding "partner`s" agreements and other documentation. We believe most of these details have now been worked out.

New Tel`s fiscal year ends this month, providing a convenient benchmark by which to consummate its acquisition of the Chinese-owned websites and to conclude definitive arrangements with an international investment bank to accommodate the Company`s strategic growth objectives in China. These achievements alone are likely to heighten market recognition of New Tel`s prospects, and propel the ADR`s to the A$5 level near term (equal to US$30 on the ADR`s). This represents a multiple of 33 times next year`s EPS, which is not an excessive valuation for a company garnering a 17% share of the Chinese Internet market. No other private-sector company will have a larger market share.

Twelve months out, we set a target price of A$15/share. By the middle of next year, the market will be looking to EPS in 2002 or even 2003. This target price represents a moderately expanded, though still defensible, multiple of less than 40 times the following year`s projected EPS at that time. This translates into a US$90/ADR target price. History & Nature of Business

New Tel is one of the few telco`s in Australia authorized to provide telecommunications services and equipment. Specifically, New Tel is more widely-recognized as part of the younger, faster growing second-tier telecommunications companies that has emerged amidst the still shifting milieu of worldwide deregulation. The Company actually dates back to 1988 when it was called Transcom. Transcom`s R&D business included applications of imbedded software technology in mobile equipment.

In 1998, New Tel formed a strategic alliance with Xinhua Holdings of Hong Kong, initially owning a 25% equity interest in a joint venture. Xinhua Holdings, the commercial arm of Xinhua News Agency in China, is the fourth largest news agency in the world. New Tel`s stated business focus is to provide telecommunications services to Chinese speaking people throughout Asia using its Australian telecommunications license as the operating base.

This simultaneously represented a means for Xinhua to commercially ally with this operating base in Australia that compelled New Tel to acquire an equity interest in XNTL. That operating base fit snugly into New Tel`s existing retail base of business, providing telecommunications services, digital data communications and cellular systems to more than 25,000 subscribers in Australia. This indigenous customer base is forecast to increase to over 200,000 subscribers (about a 20% share of the Chinese market in Australia) over the next three years. New Tel services this customer-base with language-friendly customer service representatives on a 24x7 basis.

More recently, New Tel has leveraged its growing telecommunications presence in Australia to definitively pursue the China market, specifically to provide ISP and Internet Portal Services in China -- an organic extension of its basic telecommunications business to China from Australia, though now, considerably larger. New Tel`s strategic alliance with Xinhua Holdings has not only deepened, but expanded, significantly.

By the end of fiscal 2000 (ending this month), it is widely expected by industry observers that Xinhua and New Tel will jointly announce an asset-exchange whereby New Tel acquires the Chinese Internet Assets via the issuance of 200 million shares of New Tel common stock. Following this asset-exchange, New Tel immediately becomes THE leading Private Sector Internet Service Provider and Internet Portal in China.

Upon consummation of this investment, Xinhua will initially own a 59% interest in New Tel (200 million shares out of 337 million then outstanding). However, New Tel intends to issue additional shares to European and American institutional investors before the end of this calendar year. Post-financing, therefore, Xinhua is expected to own a 49% ownership interest in New Tel.

Australian alliances with non-Australian companies are nothing new. Last year, Nippon Telephone & Telegraph acquired a 49% interest in Australian-based Davnet (DVT) for A$118 million. This imputed a total valuation on Davnet (with annual revenues of a measly A$3 million) of about A$240 million.

Our new short term (six months) target stock price of A$5/share represents a multiple of 33 times next year`s EPS, a defensible valuation for a company fully participating in the New Economy, whose top line is doubling and whose bottom line is more than doubling over each of the next three years. This translates into an ADR target price of US$30/ADR. China and The Internet Connection:

New Tel`s imminent business combination with the Xinhua News Agency will position the Company as one of the leading ISP`s and Portal Services providers in China. Admittedly, two other companies appear to be farther along at the moment, China.com and SINA.com, however, the disparity in the relative market valuation of New Tel in relation to these other two companies operating in the very same electronic space appears anemic ... and momentarily misaligned. The statistics in Table I confirm that the stock market can be, from time-to-time, inefficient, and hence, offer above average investment performance opportunities.

We believe New Tel represents such an investment opportunity.


Naturally, the major bracket brokerage firms behind CHINA and SINA have a vested interest to maintain such lofty valuations for their "client-accounts". However, in direct comparison on all fronts, New Tel appears to offer considerably greater shareholder value. We also think it is interesting that 23% of China.com`s float has been sold short.

The current market cap of SINA.com to its projected 2002 revenues is 30 times. Stunning as that may be, China.com`s similar ratio is more than one and a half times that ... a whopping 48 times. By contrast, New Tel`s current market valuation is about ONE times anticipated revenues for that same year. Assigning New Tel a revenue-multiple of a meager ten times that year`s revenues, a valuation that is almost 80% less than the valuation "the Street" has placed upon China.com, would produce a $1 Billion market valuation for New Tel (or about $100/ADR), making our $30/ADR short term target price seem conservative by comparison.

Table I
China Internet Comparables

New Tel China.com SINA.com
(NWLL-ADR`s) (CHINA) (SINA)

Recent Price $12 $23 $38
52 Week High 51 78 59
(Jan 4, 00) (Mar 6, 00) May 23, 00)

52 Week Low 3 6 28
(Sep 1, 99) (Aug 10, 99) (May 12, 00)
Shares Outstanding (mm) 14 84 40
Float 7 17 4
Float as % of Outstg 50% 20% 10%


MarketValuation (mm) $185(1) $1,932 $1,520
Current Market Valuation
Divided by Revenues in the
Year 2002(2) Times 48 Times 30 Times

Earnings in 2001 ... ? Yes Yes NO


Short Interest (000) 49 shares 3,920 shares 288 shares
... as a % of Float <1% 23% 7%
# of Institutional Investors 6 76 n/a


Source: http://www.yahoo.com; http://www.marketguide.com and http://www.barrons.com

(1) Post-Xinhua and post-financing, an additional 300 million shares are likely to be issued. However, this translates into the equivalent of only 30 mm ADR`s. Even using 39 mm ADR`s for this valuation ratio yields a still conservative single digit multiple of 3 (39 x $12 / ADR = $468 mm divided by $150 mm ... NWLL expected Revenues in 2002).

(2)Revenue Forecast:
(in millions)
NWLL CHINA SINA
1999 (a) $5 $4 $5
2000 (e) 10 10 12
2001 (e) 70 20 25
2002 (e) 150 40 50

Table II
Selected Statistical Comparisons Between

CHINA USA JAPAN

Population: 1,247 mm 273 mm 126 mm
% < 15 26% 22% 15%
%15-65 67% 65% 68%
% > 65 7% 13% 17%

Geographic Area (sq. mi): 3,705 mm 3,718 mm 146 mm
% Arable 10% 19% 11%
Number of
Telephones (98) 85 mm inestimable 60 mm

Gross Domestic
Product (`98): $4.1 Trillion $8.1 Trillion $3.1 Trillion
Imports 142 Billion 822 Billion 339 Billion
(Largest Trading
Partner) Japan Canada USA
Exports 183 Billion 625 Billion 421 Billion
(Largest Trading
Partner) Hong Kong Canada S.E. Asia

International
Reserves:
Currencies $150 Billion $ 61 Billion $245 Billion
Gold (@ $300/oz.) 4 Billion 79 Billion 7 Billion
Total Reserves $154 Billion $140 Billion $252 Billion

GDP to Int`l
Reserves 28 times 58 times 12 times
Bank Loans $1,130 Billion $1,021 Billion n/i

Sources: The Year 2000 Book of Facts; The Wall Street Journal; Barron`s


Table II above provides useful insights into China`s macro-economics. For example:

-- Even though the numbers are a bit stale, China`s GDP is larger than J
Japan`s and in fact has been advancing in double digit growth rates.
Japan`s economy is stalled;

-- China`s Total International Reserves are larger than those of the USA;
The magnitude of bank financing China`s macro-economy is $1.1 Trillion,
about the same as that of the USA;

-- China`s age demographics reveal a younger distribution ... half as many
people are aged 65 or older than in the USA (7% of China`s population
versus 13% for the USA).


Institutional Investor Potential: The amount of money under management by the 24 most prominent Internet-related mutual funds is in excess of $100 billion, up from virtually zero two years ago. We believe a similar capital inflow phenomenon awaits these open-end China-focused mutual funds, for four reasons:

(i) China`s imminent entry into the World Trade Organization will not only
open up previously unavailable trade corridors, but importantly for
the longer term, reduce the dampening overhang of regulatory
inspection and review, which in turn, eliminates Government
corruption;

(ii) It has been almost three years since Hong Kong reverted back to
Mainland China, without even the remotest indication of economic
indigestion; such stability has been exceptionally conducive to
attracting foreign investment;

(iii) The investing public is increasingly aware that Communist China
today is an "applied communism" ... a unique application, to be sure
... that includes a free-market component; the only blueprint that
exists for this economic transformation is the USSR; that
transformation has not worked out so well. Progress in China in this
regard, though steady, has been laced with caution;

(iv) In a still-centrally-controlled political economy like China, the
Internet has emerged as the Ultimate Liberty to the Chinese end-users
... a market we believe will continue to exhibit annual growth rates
in excess of 40%


According to http://www.yahoo.com, there were six institutional investors in New Tel at the end of March 2000 versus 76 institutional investors in China.com. We have identified the ten largest China-focused open-end mutual funds whose collective assets under management are currently less than $1 billion, even though most of these funds have existed for more than five years. We believe that it will be funds such as these that ultimately reduce the glaring and unwarranted gap in institutional ownership of New Tel and China.com.

Telecommunications is an apparent thread woven into the tapestry of at least eight of these ten largest open-end mutual funds whose investment focus is China. Any investment focus consisting of the Internet and China should necessarily consider these funds ... the one year performance of which is illustrated in the table below. Returns for these mutual funds ranged between 22% and 59% ... confirming the above average investment returns that have been available in this sector.

By way of comparison, the S&P 500 increased 10% over the same period, so even the poorest performing mutual fund in the China Sector outperformed the "market" by a factor of two. We have used each fund`s investment in China Telecom as a proxy on that fund`s telecommunications-presence (or absence thereof).

Table III
Ten Largest Open-end Mutual Funds with Chinese Investment Theme

Pct of
Assets Under One Yr Assets $invested
Name of Mutual Fund Management Return in China in CHL(1)
(Stock Symbol
(Fund Inception
and Telephone
Number) in millions to 6/8/00 in millions

Fidelity Hong Kong
& China (FHKCX) $229 35% 91% $19.5
(November 1995;
800-544-8888)

Guinness Flight
China (GFCHX) 135 30% 95% 13.0
(September 1994;
800-915-6565)

Matthews Pacific
Tiger (MAPTX) 119 35% 52% 0
(September 1994;
800-789-2742)

Eaton Vance Greater
China (EVCGX) 71 40% 49% 7.1
(October 1992;
800-225-6265)

Liberty-Newport Greater
China (NGCAX) 63 59% 87% 7.5
(May 1997;
800-426-3750)

Liberty-Newport
Tiger (CNTTX) 60 38% 64% 5.4
(May 1989;
800-426-3750)

U S Global Investors
China (USCOX) 24 30% 88% 0.9
(February 1994;
800-873-8637)

Liberty-Newport
Tiger (CTCAX) 22 22% 54% 1.3
(June 1996;
800-426-3750)

Guinness Flight
Mainland (GFMCX) 13 25% 99% 1.2
(December 1997;
800-915-6565)

Ivy China
Region (IVCRX) 11 22% 75% 0
(October 1993;
800-456-5111) --
Total: $747


Sources: Adapted from Table originally appearing in June 2nd edition of San Francisco Chronicle (http://www.sfgate.com ) with other sources including http://www.yahoo.com and http://www.dowjones.com (1) CHL = China Telecom


/CONTACT: Ray Dirks, 212-832-6700, or 800-774-0778, for Dirks & Company, Inc./

[RCZ]

BOARD`s:
http://www.ozestock.com.au/MessageBoard.asp?Action=ListBySym…

http://www.ragingbull.com/mboard/boards.cgi?board=NWLL
-------------------------------------------------
Kurs:
http://203.166.28.52/QuoteData.asp

-------------------------------------------------
Company & Profile
http://www.newtel-limited.com


DIRECTORS` OUTLOOK
`Since 1/7/99, NWL`s telecommunications business has already exceeded benchmarks set for initial market penetration. We have signed up over 20,000 customers and we are confident NWL will become the company of choice for customers calling Asia regularly, and in particular China. ... The expected recognition of the worth of NWL`s unique engine products will provide the Company with the opportunity to realise further capital for its telecommunications programs. In addition the Directors have agreed to consider the public float of the mobile data communications business. ... NWL is poised for a series of major and exciting moves in the coming year which will see your Company move to a new phase of growth.` [Chairman`s Address, 30-11-99]
ACTIVITIES:
NWL aims to become a leading provider of low cost telephony services to the Asia Pacific region, with a focus on Australia/China communications. Through NewTel Networks Pty Ltd (75%) NWL currently holds an Australian telecommunications carrier licence and is proceeding with the rollout of the rollout of its telephony services in Australia and China. NWL also develops and markets innovative mobile communication products and intends to spin off its Advanced Engine Components (100%) subsidiary.

SERVICES & STRATEGY: NWL`s telephony services were launched on 1/7/99 providing national and international services for Australian customers using Telstra`s network under wholesale interconnect agreements. As part of its strategy to become the leading provider of calls to China, NWL has installed equipment for an international gateway facility comprising switching and satellite earth station equipment and interconnect facilities. The development, launched on 20/1/00, is part of an alliance with Xinhua News Agency Group, the State news agency of China, which owns 25% of NewTel Networks (75%). NWL has an interconnect agreement that secures exclusive access to a preferential interconnect rate into China. The market in Australia for calls to China is estimated at $100m pa. As part of NWL`s customer focus on China, it has Mandarin and Cantonese speaking call centre staff, and its rate cards, application forms and bills are provided in these languages as well as English. MOBILE DATA PRODUCTS: Transcom Communications Systems Ltd (100%) markets the MD3000 mobile data communications system. In a Federal Government funded research project, NWL is also involved in the development of a microcellular communications system.
PRICE & VOLUME - MONTHLY

CORPORATE DETAILS Industry High Technology
Address 22 Hasler Rd, Herdsman, WA 6000
Telephone [phone]
Website www.newtel-limited.com
Registry National Registry Services


DIVIDENDS
First Half Ac
Second Half Ac
Special Ac
Annual Ac
Adjusted Annual Ac
Annual Franking %
First Half Ex Date
Second Half Ex Date


PRICE PERFORMANCE 1998 1999 2000
High Price $1.29 $1.67 $4.40
Low Price $0.50 $0.43 $1.08
Price Change -2.47% 53.16% 88.60%
Relative Price Change -13.73% 43.43% 88.17%
Average Daily Volume 0.451m 0.725m 1.713m


VALUATION (Last 12 Months) Amount Valuation
Securities & Capitalisation 94m $214m
Earnings & Price Earning Ratio -$0.11 n/m
Dividend & Gross Yield n/a 0.0%
NTA & Price/NTA $0.22 10.54x
Shareholder Return 329.28%

[RCZ]

übrigens wollte die ASX New Tel auffordern, den Kurs auszusetzen, weil extrem viele Umsätze zu verzeichnen waren.
Und mit dem Handel erst wieder beginnen wenn die Insiderinformationen
offiziel vermeldet wurden
Daraufhin kam folgendes Statement von NWLL:

RESPONSE TO ASX QUERY

Further to your facsimile today in relation to a change in price of
New Tel securities I provide the following response:

1. The Company is not aware of any information concerning it that has
not been announced which, if known, could be an explanation for
recent trading in the securities of the Company.

2. Further to our reply above, there are no material matters
concerning the Company which are to be announced to the market. The
Company is finalising its Rights Issue prospectus, details of which
have previously been announced to the market, and intends to lodge
this prospectus With ASIC and ASX within the next few days.

3. The Company can offer no other explanation for the price change
and increase in volume in the securities in the Company other than
to note a recent news service release and recent broker interest
in the Company. In particular:

* a Bloomberg news wire release on the 8 June 2000 highlighted a 12%
growth in internet users in China over the first five months of this
year at the same time as it profiled the Company`s China Internet
Project,

* a recent research publication on the Company by BNP Paribas
detailed an indicative New Tel share value of $2.22 per share
excluding any value on the Company`s proposed China Internet
Project, and

* a Foster Stockbroking report published today continues to recommend
New Tel as a buy valuing the Company`s Australian operations at
$2.40 per share.

4. The Company confirms that it is in compliance with the Listing
Rules, and in particular Listing Rule 3.1.

If you require any further information, please contact me directly on
9244 1166

C Piercy
COMPANY SECRETARY

MORE TO FOLLOW

------------------------------
meine Meinung
Förtsch kauft sich ein
und empfiehlt NWL im Aktionär und
streut die Aktie dann an die Deutschen, weil die Aktien seit ein paar Tagen auch in Deutschland gelistet sind.

[RCZ]

Tolle Infosammlung:
http://www.ragingbull.com/mboard/boards.cgi?board=NWLL&read=…

und weil es hier in Deutschland keine Leute gibt die hier etwas schreiben noch der Link zum Yahoo Board:
http://messages.yahoo.com/?action=q&board=NWLL

[RCZ]

China Portal Goes Live

PERTH, Australia, June 21 /PRNewswire/ -- New Tel Limited (Nasdaq: NWLL) CEO Peter Malone today advised the Company`s China Portal is now operational with initial generic lifestyle content. The website address is http://www.nihao2000.com.

"The portal going live is the first step in our plans to develop a leading Chinese Internet business" said Mr. Malone.

At a Company Board meeting this week, Directors confirmed the program for New Tel`s China Internet Project, and the intention to raise AUD$200 million (US$121 million). Full details will be announced on completion of the independent experts report that is currently underway as required under Australian Corporations Law.

New Tel, through its joint venture partner Xinhua, is working with a number of government owned enterprises in China on the New Tel Internet Project. The project covers the development of a fully integrated business, involving Internet Service Provider ("ISP") operations, Internet Content Provider ("ICP") operations and a Chinese language Portal called nihao2000.com

The Portal will be closely linked to the ISPs and ICPs. New Tel plans to provide its ISP customers access to a broad range of Chinese content through its partnership with Xinhua by developing a number of websites that focus on information collection and dissemination across a range of industries. In addition, New Tel is also assessing other web-related opportunities in Australia, Hong Kong and the US for wider generic lifestyle content.

Revenues will be derived from online advertising, business-to-business e-commerce transactions, business-to-consumer e-commerce transactions, online sales of proprietary content and subscriptions.

The Company also confirms it has lodged a non-renounceable rights issue prospectus in Australia for approximately 5.5 million shares further to a commitment made to shareholders in December 1999. Under the prospectus, shareholders will be offered one ordinary share for every 25 ordinary fully paid shares held at an issue price of AUD$1.20 per new share. This will bring the total cash funds raised this year to AUD$86 million.

About New Tel: New Tel Limited is a rapidly growing Australian telecommunications company listed on the Australian and NASDAQ stock exchanges. New Tel launched operations July 1, 1999 and provides national, international and mobile telephony and data services with an emphasis on serving Asia, particularly China. New Tel is currently involved in establishing a Chinese Internet Service Provider (ISP) and Chinese/English language Portal.

This announcement contains certain forward-looking statements that are subject to risks and uncertainties. Such statements reflect management`s current views and are based on certain assumptions. Actual results could differ materially from those currently anticipated as a result of a number of factors, including, but not limited to, the risks and uncertainties pertaining to business operations in China.


/CONTACT: Peter Malone of New Tel Limited, [phone]; or Anne McBride of The Anne McBride Co., 212-983-1702, for New Tel Limited/

[RCZ]

2. AOL ?New Tel <NWL.AX> confirms China Internet plans

SYDNEY, June 22 (Reuters) - Emerging telecom company New Tel Ltd said on Thursday it would push ahead with its Chinese Internet project and proposed A$200 million capital raising.

The company, which is also listed on Nasdaq <NWLL.O>, said it was working with a number of Chinese government owned enterprises on the scheme, through its joint venture partner China`s Xinhua.

New Tel, which said it was also looking at web opportunities in Australia, Hong Kong and the United States, plans to generate revenues from online advertising, B2B transactions and online content sales.

The company, which made the announcement after a board meeting earlier this week, said it would announce further details after an independent expert`s report was completed.

New Tel`s shares soared on Nasdaq at the start of the year after its China plans caught the attention of U.S. investors, who were drawn by the Xinhua link and speculation New Tel could become China`s version of America Online.

Its American Depositary Receipts closed the overnight New York session down US$1 at US$11 1/2, a long way from the US$31 1/2 high reached in early January.

New Tel`s Australian shares, which reached a high of A$4.35 earlier in the year, were up 27 cents at A$2.00 in early afternoon trade.

((Sydney Newsroom, 61-2 9373 1813, [e-mail]))

REUTERS

Rtr 23:18 06-21-00

[RCZ]

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[RCZ]

Wallstreet Online-Nachricht

Freitag, 23.06.2000, 10:14
Software: China möchte im IT-Bereich eigene Wege gehen
Laut Aussagen von offizieller Seite beabsichtigt China im Bereich der Informationstechnologie eigene Wege zu beschreiten und wird somit wahrscheinlich nicht den Weg der führenden Industrienationen folgen.

Liu He, ein offizieller Vertreter Chinas sagte, dass China bei der Förderung ihrer „New Economy“ wahrscheinlich nicht den Pfad der Industrienationen beschreiten wird und man sich stattdessen auf den enorm grossen Binnenmarkt verlassen und eigene Standards für angewandte Technologien einführen wird.

Kürzlich formulierte die Zentralregierung in Peking drei mögliche Richtungen für Chinas Industriepolitik in den kommenden Jahren. Diese sind:

1. Den Fusstapfen der Vereinigten Staaten zu folgen und sich komplett zu öffnen. Dieses Konzept ist momentan jedoch mit Chinas aktueller Lage nicht kompatibel, so die Aussage von offizieller Seite.

2. Eine weitere Möglichkeit für China besteht darin, einen ganz eigenen Weg zu beschreiten und somit die junge und unreife Industrie zu schützen. Die Realität hat gezeigt, dass dieses Konzept nicht funktioniert.

3. Schliesslich könnte China sich auf ihren riesigen Binnenmarkt verlassen und eigene Standards für ihr Land kreieren. Viele Experten glauben, dass diese Politik realistischer ist.

Liu sagte weiter, dass China die stärkste Wachstumsrate für kabeloses Internet Surfen weltweit hat und dass sein Land über ein einzigartiges Fundament am Beginn der Post-PC Epoche verfüge. Aus diesem Grund sollte China nicht den simplen Plan, sich den Standards von ausländischen Unternehme anpassen, verfolgen.

Anstelledessen, sollte laut Liu, China von seiner starken Marktstellung Gebrauch machen und seine eigenen technologischen Standards gemäβ Markttrends setzen. So schätzt Liu zum Beispiel, dass Chinas Consumer Electronic Industrie ihre eigenen Standards setzen wird.



Weiterhin wurde ausserdem bekannt, dass in Peking ein neuer Softwaregigant mit einem Gesamtinvestitionsvolumen von ca. 120 Mio. US-Dollar entstehen wird.

Das neue Unternehmen wird gemeinsam von Beijing Zhongguancun Technology Development Company, China Huajian Group Corp. (welche mit der Chinesischen Akademie für Naturwissenschaften verbunden ist), Stone Group und der Beijing University Founder Group gegründet.

Hierbei werden Zhongguancun und Huajian jeweils 40 Prozent an dem Joint Venture halten, während die Stone Group und die Beijing University Founder Group einen Anteil von jeweils zehn Prozent halten werden. Dieser Plan muss jedoch vom Aufsichtsrat noch abgesegnet werden.

Die zukünftige Softwarefirma wird von Beginn an vollen Gebrauch von den Erfahrungen ihrer Gründungsmitglieder in den Bereichen Technologie, Marketing, Fonds und Management machen. Schritt für Schritt soll das Unternehmen zu einer grossen IT-Firma aufgebaut werden, die internationalen Einfluss ausüben können wird.

[RCZ]

Wallstreet Online-Nachricht

Freitag, 23.06.2000, 10:14
Software: China möchte im IT-Bereich eigene Wege gehen
Laut Aussagen von offizieller Seite beabsichtigt China im Bereich der Informationstechnologie eigene Wege zu beschreiten und wird somit wahrscheinlich nicht den Weg der führenden Industrienationen folgen.

Liu He, ein offizieller Vertreter Chinas sagte, dass China bei der Förderung ihrer „New Economy“ wahrscheinlich nicht den Pfad der Industrienationen beschreiten wird und man sich stattdessen auf den enorm grossen Binnenmarkt verlassen und eigene Standards für angewandte Technologien einführen wird.

Kürzlich formulierte die Zentralregierung in Peking drei mögliche Richtungen für Chinas Industriepolitik in den kommenden Jahren. Diese sind:

1. Den Fusstapfen der Vereinigten Staaten zu folgen und sich komplett zu öffnen. Dieses Konzept ist momentan jedoch mit Chinas aktueller Lage nicht kompatibel, so die Aussage von offizieller Seite.

2. Eine weitere Möglichkeit für China besteht darin, einen ganz eigenen Weg zu beschreiten und somit die junge und unreife Industrie zu schützen. Die Realität hat gezeigt, dass dieses Konzept nicht funktioniert.

3. Schliesslich könnte China sich auf ihren riesigen Binnenmarkt verlassen und eigene Standards für ihr Land kreieren. Viele Experten glauben, dass diese Politik realistischer ist.

Liu sagte weiter, dass China die stärkste Wachstumsrate für kabeloses Internet Surfen weltweit hat und dass sein Land über ein einzigartiges Fundament am Beginn der Post-PC Epoche verfüge. Aus diesem Grund sollte China nicht den simplen Plan, sich den Standards von ausländischen Unternehme anpassen, verfolgen.

Anstelledessen, sollte laut Liu, China von seiner starken Marktstellung Gebrauch machen und seine eigenen technologischen Standards gemäβ Markttrends setzen. So schätzt Liu zum Beispiel, dass Chinas Consumer Electronic Industrie ihre eigenen Standards setzen wird.



Weiterhin wurde ausserdem bekannt, dass in Peking ein neuer Softwaregigant mit einem Gesamtinvestitionsvolumen von ca. 120 Mio. US-Dollar entstehen wird.

Das neue Unternehmen wird gemeinsam von Beijing Zhongguancun Technology Development Company, China Huajian Group Corp. (welche mit der Chinesischen Akademie für Naturwissenschaften verbunden ist), Stone Group und der Beijing University Founder Group gegründet.

Hierbei werden Zhongguancun und Huajian jeweils 40 Prozent an dem Joint Venture halten, während die Stone Group und die Beijing University Founder Group einen Anteil von jeweils zehn Prozent halten werden. Dieser Plan muss jedoch vom Aufsichtsrat noch abgesegnet werden.

Die zukünftige Softwarefirma wird von Beginn an vollen Gebrauch von den Erfahrungen ihrer Gründungsmitglieder in den Bereichen Technologie, Marketing, Fonds und Management machen. Schritt für Schritt soll das Unternehmen zu einer grossen IT-Firma aufgebaut werden, die internationalen Einfluss ausüben können wird.

[RCZ]

http://www.ragingbull.altavista.com/mboard/boards.cgi?board=…

[Sozzi]

@ RCZ,

damit Deine "Selbstgespräche" aufhören, mal ein Posting von mir "dazwischen" ...

PS: Morgen ist mein Depot wieder "clean"...

Mfg Sozzi

[RCZ]

welch schock
habe gesehen, daß irgendnen verrückter heute total überteuert zu 13,50 € in Deutschland gekauft hat, habe schon fast gedacht, dieser würde sich bei mir melden,
dabei warst nur du es
habe auch gesehen, daß bei so ner Hotline irgendnen China Portal empfohlen wurde könnte dann auch damit zusammenhängen, dafür waren aber die Umsätze zu klein


mal schaun wie weitergeht, im Moment befinden wir uns in einer Abwertsbewegung, vielleicht werde ich deshalb Immune Response im 3sat verkaufen

nett daß du zumindest mal reingeschaut hast

[RCZ]

@sozzi

dabei warst nur du es hört sich nen bisschen abwertend an, so war das nicht gemeint

sorry

der Thread dient nicht für selbstgespräche, sondern als Infosammlung, auch für mich selbst. (falls ich mal was vergessen sollte)
andere sind natürlich herzlich willkommen
aber leider sind viele nur am Neuen Markt unterwegs (und selbst dort werden Firmen wie Management Data [Charttechnisch und Fundamental einwandfrei] einfach in die billige Schublade geschoben)

[Seb78]

Schon etwas älter aber naja ...

Friday June 16, 9:42 am Eastern Time
Company Press Release
SOURCE: New Tel Limited
Foster Stockbroking Confirms Buy Recommendation on New Tel: `Renewed Buying as Investors Reassess Potential Telecommunications Winners`
SYDNEY, Australia, June 16 /PRNewswire/ -- Foster Stockbroking recently announced a further buy recommendation for New Tel Limited (Nasdaq: NWLL - news). Foster`s report said, ``New Tel`s US ADR price rose 20% since Friday with strong institutional buying. This increase was impressive against a 56-point fall in the Nasdaq Composite Index to 3768 and the biggest loss in three weeks occurring yesterday. Australian investors are normally skeptical of internet companies but rallied around New Tel today, increasing the price 51 cents or 31% to $2.16.

``Technical analysis suggests New Tel will continue its run. The US ADR price has broken through a major ceiling of US$10 and Neural Network analysis predicts a further rise of over 50% in the next week.

``Telecommunications and Internet remains a priority in China, with the government building more broadband infrastructure to develop Internet usage, and championing foreign and domestic investment in the telecommunications sector. Growth in Internet use was confirmed in a report by the Shanhai Securities News, which reported a 12% growth in Internet in the first five months of 2000. China currently has over 10 million registered users and this is expected to grow to by 2003 this number will grow to 33 million by 2003. New generation mobile phones are expected to accelerate Internet use in China. The value of the Chinese Internet market is forecast to reach US$12bn by 2002 and by 2005 will be second only to the US.

``New Tel`s Internet ambitions remain on track, with the company expected to initially carry content from 18 Chinese government web sites. Content will be bilingual and repackaged into one or more user-friendly portals. Revenue will be obtained from access to content and advertising. New Tel will also purchase existing ISPs to immediately gain a substantial customer base. Additional profit centers will be web-design and e-commerce.

``New Tel remains a moderately high-risk investment, but offers a favourable risk/ reward profile. The company`s real potential is to utilize its substantial relationship with Xinhua to become the premier Internet Service Provider in China. We continue to recommend New Tel as a Buy.``

About New Tel: New Tel Limited is a rapidly growing Australian telecommunications company listed on the Australian and NASDAQ stock exchanges. New Tel launched operations July 1, 1999 and provides national, international and mobile telephony and data services with emphasis on serving Asia, particularly China. New Tel is currently involved in establishing a Chinese Internet Service Provider (ISP) and Chinese/English language Portal.

This announcement contains certain forward-looking statements that are subject to risks and uncertainties, including in particular the statement regarding the Internet Project. Such statements reflect management`s current views and are based on certain assumptions. Actual results could differ materially from those currently anticipated as a result of a number of factors, including, but not limited to, the risks and uncertainties pertaining to business operations in China.

[RCZ]

HAllo Seb78

ich wußte den Namen habe ich schon mal gehört
hast du meine Ratschläge bezüglich PAPOWER COMMERCE ONE und TFG teilweise befolgt?
du wärst damit wohl nicht schlecht gefahren
du kannst ja mal dein aktuelles Depot posten falls du willst.

[Seb78]

Hallo RCZ!

JA! Commerce ONe habe ich zu 57 und PA Power zu 13,8 gekauft! Beide Zahlen werden wohl nicht mehr so schnell erreicht werden! Ich hoffe, dass es in einem Jahr auch noch so gut aussieht, da ich nicht die Spekusteuer zahlen möchte. Da aber beide Werte wohl für die nächsten Jahre die Global Player auf ihrem Gebiet sein werden,könnte dies sich noch als die beste Investition überhaupt entpuppen! Also vielen Dank!
Wenn die Nasdaq schliesst, werde ich die aktuellen Werte im Depot posten.

Seb78

[RCZ]

Commerce One ist ein Ultralangfristinvestment (meiner Meinung nach10-20J.)
die größte Plattform wurde genehmigt
zusammenarbeit mit Intershop und SAP(integration der CMRC Software in die der anderen Hersteller, Vernetzung aller Abteilungen die mit Einkauf zu tun haben, also irgenwanmal läuft [fast]alles Elektronisch, teure Mitarbeiter oder Büroräume sind altpapier)
in 10 Jahren ist CMRC ein Standardinvestment wie jetzt CISCO
2001 könnte der Umsatz schon die Milliardengrenze erreichen, Gewinne sind nicht mehr weit entfernt.
ich sehe ja bei mir in der Arbeit, das solche B2B Systeme unbedingt benötigt werden
wir arbeiten noch altmodisch (der reinste Horror)

[RCZ]

zum vergleich das vorangegangene Depot

Hier die Anteile am Gesamtdepot
04% Softline
10% Telesens
08% Nordasia.com (Fond)
53% Cmgi
18% General Magic

[chameleons]

@ RCZ

was haben Deine privat-shows mit dem PA-board zu tun ?

gruß chameleons

[RCZ]

und wenn du die Überschrift liest, dann merkst du doch, daß dies nicht über PA handelt
so wars mit dem Telekom Thread und dem Medigene Thread auch

[RCZ]

um wieder zu dem Thread Thema zurückzukommen

New Tel ist sehr Spekulativ
ein Totalverlust möchte ich nicht ausschliesen
jeder ist für sein Handeln an der Börse selbst verantwortlich
ich kopiere nur Infos in den Thread die ich wo gefunden habe
nach richtigkeit werden diese Infos nicht geprüft.

Guten Tag noch

[Seb78]

Hier das aktuelle Depot:

Softline 3,7 %
nordasia.com 6,4%
oti 10,1%
Telesens 12%
General Magic 18,8%
Commerce One 19,3%
Pa Power Automation 29,9 %

Gegenüber dem vorangegangenem Depot habe ich 19% zugelegt (insg. seit 15.2.00 12% plus). Softline und nordasia.com, hoffe ich zum Einstandspreis wieder verkaufen zu können, eilt aber auch nicht. In den nächsten 2 Monaten werde ich wieder etwas Geld bekommen und beobachte von daher ein paar Werte (siehe watchlist). Da Du in der Regel sehr fundiert postest und nicht mit dem Vorschlaghammer argumentierst, sind ein paar Werte dabei, über die Du in der Vergangeheit Informationen gesammelt hast. Ich stecke noch nicht tief genug in der Materie drinn, um wirklich qualifizierte Berichte zu scheiben und vertraue daher eher auf meinen gesunden Menschenverstand (was mit Börse aber wohl nicht immer viel zu tun hat). Also was sagst Du zu meinem jetzigen Depot? Von Softline bin ich sehr enttäuscht, da das Unternehmen erfolgreich expandiert, die Umsätze steigen, die Firma macht gute Gewinne und ist bereits seit Jahren in der Branche präsent ... Mein ander grosser Verlustbringer war der Nordasia.com von Volker Kuhnwald - ausgerechnet ein Fond! Da es der Japanischen Wirtschaft wohl auch mittelfristig nicht besser gehen wird und der Fond wohl auch zu einem sehr ungünstigen Zeitpunkt aufgelegt worden war, brauche ich hier wohl noch viel Geduld. Aber solange ich das Geld nicht brauche und das wird mind. für die nächsten 5 Jahre so sein, stört es mich nicht all zu sehr. Ich denke aber das Depot so wie es jetzt ist weitestgehend unverändert zu lassen.

Viele Grüsse und weiter so mit Deinen akribischen und weit gestreuten Recherchen (wann findest Du die Zeit dafür????), werde versuchen mich Stück für Stück auch mit Beiträgen zu beteiligen.

Seb78

[chameleons]

lieber RCZ,

danke für Deine belehrung. von selber wär` ich nicht draufgekommen. wenn Du aber Deine augen aufmachst,
wirst Du feststellen, daß diese threads im PA-board geführt werden, obwohl sie, wie Du selber sagst, mit PA
nichts zu tun haben. deshalb meine anfrage.

[RCZ]

zu Softline kann ich keine Aussagen machen
nordasia hatte ich selber gehabt und verkauft, da sich die Frage aufgedrängt hat ob denn der Herr K. wirklich gut genug ist um beide Märkte zu betreuen.
wenn du mich fragst, dann schaut daß so aus als würde die Entscheidung über die Zusammensetzung dieses Fonds von einem anderen Team gemanaget als vom Nordinternet( wenn der allseitsbekannte Manager der schon so erfolgreich war den Fond betreut ist das natürlich für den Vertrieb besser) nur Spekulation aber die Performance war übel auch wenn ich mir den Spek. Japan Fonds von Invesco anschaue von 50 auf 30 ist besser als von 125 auf 50.
hier würde ich kein Geld nachlegen
General Magic ?
CMRC und PPA halten (da der depotanteil recht hoch ist)
Telesens kennt Sozzi wohl besser, der hat Sie im 3 Sat Depot
OTI waren auf meiner Prefered Watchlist (danach fehlte die Zeit um genauer zu beobachten) glaube ich noch recht günstig bewertet
allerdings im falschen Segment gehandelt, Israelische Firmen werden am Neuen Markt aus irgeneinem Grund nicht von den Fondsmanagern akzeptiert, und diese bestimmen größtenteils die Performance
Viel Lesen (seriöse Quellen nicht unbedingt ein Diskussionsforum mit Annonymen Teilnehmern) und aus Fehlern lernen ist ein gutes Konzept für Neueinsteiger. Am anfang sollte man auch nicht sein ganzes Vermögen am Aktienmarkt plazieren

Aktien die ich beobachte sind in der Regel spekulativ, da meine Ziele hoch gesteckt sind!
für den Vorsichtigen Anleger gibt es zum Bsp. Kali&Salz

vielen Dank für die Blumen
die Zeit?
in meinen Leben gibt es fast nichts anderes als das Beobachten der Märkte, mich interressieren auch Aktien die ich nicht habe, um mehr erfahrungen zu sammeln (man lernt nie aus)
kannst ja mal kurz beschreiben was General Magic macht
schau ich vielleicht mal an wenn es sich interressant anhört.
wenn das eine Firma ist, mit einem Jahresumsatz von 10 Mio und einem Börsenwert von 1 Mill. dann schau ich wieder weg.(nochmal: ich kenne General Magic nicht)
sowas sollte man auch beachten( obwohl Aktien dieser Sorte im Bullenmarkt am stärksten steigen, wenn dann die Optimisten sich verabschieden, dann merkt man aber schnell "ausser Spesen nichts gewesen", toll die Aktie ist innerhalb von einem halben Jahr um 500 % gestiegen um dann in 3 Monaten wieder 80 % abzugeben. bei einem Anlagehorizont von 5 Jahren sollte man solche spek. vermeiden

[RCZ]

PaPower habe ich nicht als Aktie eingetragen, daß war jemand anderes
das habe ich vorher schon geschrieben ist aber nicht im Thread angekommen
aber mitlerweile hat sich die Sache erledigt

[Seb78]

RCZ

Ich werde Dir zu General Magics was zusammenstellen.

Bis heute Abend Seb78

[chameleons]

o.k. RCZ ist angekommen. nichts für ungut.

gruß, chameleons

[Seb78]

Hier ein paar Infos über General Magic

Ich glaube nicht, das der Kurs all zu grosse Sprünge macht (auch wenn KZ von 20$ bis Ende 2001 die Runde machen), da die Kapitalisierung schon relativ hoch ist und Gewinne auch noch nicht für das nächste Jahr erreicht werden. Nichts desto trotz scheint die Technologie von GMGC sich gegenüber der Konkurenz durchzusetzen, da IBM, Toyota, General Motors Kunden der Firma sind. Ebenfalls, bin ich überzeugt, dass der Markt für Spracherkennungssoftware (die wirklich funktioniert!) sehr gross sein wird. Einsatzgebiete könnten Radio, Boardcomputer ... im Auto sein, aber auch in Handys (habe selber eins mit Spracherkennung) und Computern. IBM und General Motors haben erst vor ein paar Monaten die eigentlichen Verträge geschlossen, so dass diese Aufträge wohl noch nicht im Ergebnis enthalten sind.

Ich habe versucht die ganze Sache halbwegs übersichtlich zu gestalten. Also beiss Dich durch, wenn Du Lust hast.

General Magic (GMGC)

www.genmagic.com




General Magic, Inc. is a voice application services provider to leading telecommunications, enterprise and Internet companies. General Magic offers its customers voice-enabled applications via its VoiceXML-based magicTalk communications platform. Applications for General Magic`s magicTalk voice solution include voice-enabling customer relationship management solutions, value added telecommunication services and off-the-shelf voice portal components. General Magic rapidly develops and deploys magicTalk voice applications via its professional services organization and offers its` customers reliable, secure, 24/7, hosting services in its world class network operations center.

For the six months ended 6/00, revenues totalled $4.9 million, up from $335 thousand. Net loss applicable to Com. rose 4% to $28.8 million. Revenues reflect the development of the Virtual Advisor and subscription fees for the Portico service. Net loss reflects developmental costs related to the Virtual Advsior and preferred stock dividends.


Key Company Milestones
May 1990 - Alumni of Apple Computer founded General Magic
February 1995 - General Magic goes public.
March 1998 - General Magic deploys magicTalk, the first intelligent voice user interface platform.
April 1998 - Microsoft makes strategic investment in General Magic, executes licensing agreement.
July 1998 - General Magic launches Portico service for mobile professionals, using the magicTalk platform.
April 1999 - General Magic unveils voice agent technology that can monitor and act on Web content on users` behalf.
May 1999 - BellSouth Mobility begins strategic market test of virtual personal assistant using magicTalk.
June 1999 - General Magic launches myTalk service built on magicTalk platform and hosted in General Magic`s Network Operations Center.
June 1999 - Excite@Home launches Excite Voicemail, based on magicTalk and hosted in General Magic`s Network Operations Center.
July 1999 - General Magic completes infrastructure expansion of its Network Operations Center.
November 1999 - General Magic signs agreement to develop and host Virtual Advisor system for General Motors vehicles.
May 2000 - General Magic announces next generation magicTalk modular platform voice enabled solutions.


General Magic Announces Second Quarter 2000 Results

Sunnyvale, CA, (August 2, 2000) - General Magic (Nasdaq: GMGC), a leading voice application service provider, today announced its operating results for the second quarter ended June 30, 2000.
Revenue for the second quarter ended June 30, 2000, was $2.3 million compared to $180 thousand in the second quarter of 1999. Excluding a non-cash adjustment, General Magic incurred a net operating loss of $9.1 million, or $0.18 per diluted share, in the second quarter of 2000, an improvement of 30% compared to a net operating loss of $13 million, or $0.33 per diluted share, in the second quarter of 1999. The net loss applicable to common stock holders for the second quarter of 2000 included a $7.5 million non-cash adjustment, or $0.15 per diluted share, to accumulated deficit related to preferred stock issued during the period with favorable conversion and redemption rights and dividends on preferred stock, compared to a similar $351 thousand non-cash adjustment, or $0.01 per diluted share, in the same period of 1999.
Revenue for the six months ended June 30, 2000, was $4.9 million compared to $335 thousand for the six months ended June 30, 1999. Excluding a non-cash adjustment, General Magic incurred a net operating loss of $21.1 million, or $0.42 per diluted share, for the six months ended June 30, 2000, an improvement of 21% compared to a net operating loss of $26.7 million, or $0.73 per diluted share, for the six months ended June 30, 1999. The net loss applicable to common stock holders for the six months ended June 30, 2000, included a $7.6 million non-cash adjustment, or $0.16 per diluted share, to accumulated deficit related to preferred stock issued during the period with favorable conversion and redemption rights and dividends on preferred stock, compared to a similar $885 thousand non-cash adjustment, or $0.02 per diluted share, in the same period of 1999.
Operating expense for the second quarter of 2000 was $11.7 million compared to $12.2 million for the second quarter of 1999. Operating expense for the six months ended June 30, 2000 was $ 26.6 million compared to $ 24.5 million for the six months ended June 30, 1999. Cash and short-term investments totaled $24.6 million as of June 30, 2000, compared to $16.6 million as of March 31, 2000. As of June 30, 2000, there were 55.6 million shares of common stock outstanding.
The Kelsey Group recently forecasted that the voice medium will create a $12 billion voice "e-cosystem" by 2005. General Magic is emerging as a major player in the growing voice applications segment of this market. Recently, General Magic delivered the first phase of the OnStar Virtual Advisor, demonstrating General Magic`s ability to rapidly design, deliver and host sophisticated personality-rich voice applications, and also announced its strategic partnership with IBM. IBM and General Magic will integrate their voice technologies to jointly deliver end-to-end voice solutions that feature General Magic`s premier voice user interface. As part of the agreement, General Magic will leverage IBM`s established sales channel.
"IBM and OnStar selected General Magic because of our superior patent-pending magicTalk communications platform and our many years of expertise in engineering and hosting complex voice applications," said Steve Markman, chairman, chief executive officer and president of General Magic. "We believe by continuing to choose the right strategic partners and customers to leverage our superior voice technology and expertise, we will exploit the growth in this emerging market."
General Magic partners with its customers to define and develop innovative voice solutions for customer relationship management, telecommunication and e-commerce applications. This quarter, General Magic completed its trial and focus groups with Bell South Mobility providing both companies with valuable market data that will be used in designing value-added telecommunication services.
Also this quarter General Magic successfully completed the recruitment of key sales and marketing executives who will enable the Company to expand its business and increase its share of the growing voice applications market.


Statistics at a Glance -- NasdaqNM:GMGC As of 12-Sep-2000
Price and Volume
52-Week Lowon 15-Oct-1999 $1.313
Recent Price $7.625
52-Week Highon 10-Mar-2000 $18.75
Beta 1.92
Daily Volume (3-month avg) 2.01M
Daily Volume (10-day avg) 1.76M

Stock Performance

52-Week Change +269.6%
52-Week Changerelative to S&P500 +233.3%

Market Capitalization $423.7M

Shares Outstanding 55.6M
Float 45.0M

Per-Share Data

Book Value (mrq) $0.47
Earnings (ttm) -$1.38
Earnings (mrq) -$0.32
Sales (ttm) $0.15
Cash (mrq) $0.44
Valuation Ratios
Price/Book (mrq) 16.04
Price/Earnings N/A
Price/Sales (ttm) 49.69


Income Statements

Sales (ttm) $7.01M
EBITDA (ttm) -$37.3M
Income available to common (ttm) -$62.3M
Profitability
Profit Margin N/A
Operating Margin N/A
Fiscal Year
Fiscal Year Ends Dec 31

Most recent quarter 30-June-2000
Management Effectiveness
Return on Assets (ttm) -108.97%
Return on Equity (ttm) -470.84%
Financial Strength
Current Ratio (mrq) 2.83
Debt/Equity (mrq) 0
Total Cash (mrq) $24.6M
Short InterestAs of 8-Aug-2000
Shares Short 7.49M
Percent of Float 16.6%
Shares Short(Prior Month) 8.10M
Short Ratio 8.44
Daily Volume 887.0K



General Magic Inc GMGC Dain Rauscher W. at Buy Speculative


Quarterly Earnings Forecasts

Sep 2000 -0.17 -0.17 -0.17 1
Dec 2000 -0.23 -0.23 -0.23 1
Mar 2001 -0.08 -0.08 -0.08 1
Jun 2001 -0.07 -0.07 -0.07 1
Sep 2001 -0.05 -0.05 -0.05 1
Dec 2001 -0.02 -0.02 -0.02 1

Und? Meinung?

Grüsse!

Seb78

[RCZ]

am Wochenende
ist aber schon ein Nasdaq-wert ?

[Seb78]

Ja!

[fireball11]

Was haben denn all die Beiträge im Board von PA Power zu tun??

[RCZ]

das weiß ich auch nicht,
aber wer die Überschrift liest und trotzdem reinschaut ist selber schuld.
Beschwerden kannst an Wallstreet Online schicken.
ich habe die Funktion, in der man die WKN zu jedem Posting eintragen kann nicht erfunden.
kannst ja den Vorschlag machen, daß nur der Threaderöffner eine neue WKN hinzugeben kann.(andere die nur in dem Thread posten dürfen halt dann keine WKN eintragen)
bei den verschiedenen Boards gibt es eine Funktion, daß nur voll registrierte User posten dürfen, also könnte man daß mit Sichherheit auch so einrichten.

[Sozzi]

Sorry an Alle,

das dieses Thread bei der PA Power-Suche erscheint geht auf meine Kappe, bringt mich aber auf eine geniale Idee...

Mfg Sozzi

[RCZ]

New Tel Limited Announces Year-End Results and Five Hundred Percent Increase In Sales Revenue

PERTH, Australia, Sept. 19 /PRNewswire/ -- New Tel Limited (Nasdaq: NWLL) today announced its year-end results for the year ending June 30, 2000. New Tel`s CEO Peter Malone said, "New Tel made substantial progress in its move to become a global telecommunications and Internet group, particularly with the commencement of operations of the Company`s Australian telecommunications carrier business on July 1, 1999, and the development of the Company`s China Internet Project."

Highlights of the year included:

* Over 500 percent increase in sales revenue;
* Almost 500 percent increase in assets to AU$103 million
(US$55.77 million);
* Cash reserves of AU$63 million (US$34.11 million);
* Achievement of over 35,000 customers in the first year of telecom
operations;
* Completion of a high technology satellite network linking New Tel`s
Sydney switch facility and Perth`s satellite earth station with China;
* Commencement of the development of a leading Internet business in China
in conjunction with Xinhua;
* EBITDA of -AU$15 million (-US$8.12 million) consistent with the
establishment of New Tel`s new telecommunications business during the
year and the development of the China Internet Project.


New Tel`s year-end financial results reflect initial set up costs for the establishment of the Company`s telecommunications carrier business, which commenced operations on July 1 of 1999, including network infrastructure, administrative, billing, financial and recruitment expenses, as well as the normal day to day operating expenses.

The Company secured 35,000 customers since commencement of operations. This core customer base is generating over AU$1 million (US$545,100) in revenue per month and New Tel is now gearing up advertising and marketing programs to grow the Company`s core business.

In the past year New Tel focused on two key business areas, each of which are providing solid revenue growth streams for the Company: international telephony services and mobile calling services.

The long distance international telephony service division is strong, particularly the Australian customer base calling into the China region. New Tel plans to continue development of this market and other selected destinations, with the capacity to greatly expand the services utilizing its switch facility.

The mobile services division is proving to be an equally strong value driver for the Company, with the potential to gain solid market share in this rapidly growing market. The mobile phone services market is highly competitive, however New Tel has a competitive wholesale cost structure and the sector continues to provide New Tel with strong profit margins. The Company expects to gain additional revenue through fixed wire to mobile calls.

These areas are providing a solid foundation for the Company`s business model, and are enabling the Company to target multiple specialized community groups. Targeting these community groups allows the Company to cross-sell services amongst different customer bases. In addition, New Tel will be introducing local calls and ISP services shortly, providing further revenue sources.

During the year, New Tel completed the construction of its international gateway switch and satellite earth station facilities. The Company commenced initial operations based on switching traffic to China and located its first carrier international gateway switch in Sydney. The Siemens EWSD carrier grade switch connects to gateway switches in China by dedicated satellite links.

New Tel also entered into several Interconnect agreements with other Australian based carriers and is currently progressing formal negotiations to allow direct connection to the Australian PTSN.

Through its China Internet Agreement with Xinhua signed in November 1999, New Tel has commenced structuring, financing and development of a leading Internet Portal and Service Provider business in conjunction with official Chinese Government agencies.

Under the agreement between New Tel and Xinhua, Xinhua will provide access to the Chinese Internet market through a number of joint ventures, together with future opportunities, in exchange for shares in New Tel. In addition, New Tel intends to raise AU$200 million to develop and commercialize the existing joint ventures and other opportunities in the future.

New Tel will acquire a company that provides technical and other value added services to the joint ventures for which it will receive fees. New Tel will also acquire a portal business that will have access to the content of Internet Content Provider (ICP) joint ventures together with access to the subscribers to the ISP business. The portal will be a significant revenue source in its own right.

Full details of the Internet Project will be included in the Information Memorandum and Independent Experts` report to shareholders to be announced upon completion of the final due diligence review that is currently underway.

In the mobile data communications products area, New Tel continued to penetrate the courier and transport markets. As previously announced, New Tel is considering the public listing of this subsidiary during the second half of the current fiscal year.

During the past year almost 50 million shares were issued by New Tel adding AU$89million (US$48.19 million) to the Company`s cash base. The Company has also announced its intention to raise an additional AU$200 million through the placement of shares and/or American Depositary Receipts as part of the China Internet Project.

In February, New Tel`s subsidiary Advanced Engine Components Limited (AEC) listed on the Australian Stock Exchange. The public offering was three times oversubscribed - reflecting the market`s recognition of the unique worth of the computerized engine technology developed over the past decade. New Tel currently owns approximately 85% of AEC and its investment is valued at over AU$40 million (US$21.66 million).

In summary, New Tel is in a strong financial, operational and strategic position. The Company has over AU$100 million in cash and liquid assets and a developing revenue base. The Board of Directors fully expects that current business strategies will create even more shareholder value over the coming financial year.

New Tel Limited is a rapidly growing Australian telecommunications company listed on the Australian and NASDAQ stock exchanges. New Tel launched operations July 1, 1999 and provides national, international and mobile telephony and data services with emphasis on serving Asia, particularly China.

Exchange rates for September 18, 2000: US$1=AU$0.5415.

Contacts: Peter Malone New Tel Limited Tel. [phone]
Anne McBride The Anne McBride Co. Tel. [phone]




New Tel Limited:
Consolidated Profit and Loss Account, (Equity Accounted,) in Australian
Dollars: AU$0.5415=US$1

Year end Year end
June 30, June 30,
2000 1999
Sales or
equivalent operating revenue 6,331 1,052
Other Revenue 5,012 3,656
Total Revenue 11,343 4,708
Operating Profit (Loss)
before abnormal items and tax (19,083) (5,985)
Abnormal items before tax (1,581) 0
Operating Profit (Loss) before tax (17,502) (5,985)
Less Tax (1,039) 488
Total Operating Profit (Loss)
and extraordinary items after tax (16,463) (5,497)
Total Available for appropriation (38,255) (22,139)
Retained Profits
(Accumulated Loses) (38,255) (22,139)

New Tel Limited:
Consolidated Balance Sheet in Australian Dollars: AU$0.5415=US$1

Year end Year end
June 30, June 30,
2000 1999
CURRENT ASSETS
Cash 63,359 7,751
Receivables 2,909 421
Investments 9,189 1,648
Inventories 400 493
Other 654 371
Total Current Assets 76,511 10,684

NON CURRENT ASSETS
Receivables 15 47
Investments in associates 0 0
Other investments 463 0
Inventories 0 0
Other property, plant and 0 0
equipment 6,054 1,078
Intangibles 13,517 10,353
Other - China Internet Project 6,783 0
Other 135 106
Total non current assets 26,967 11,584
Total Assets 103,478 22,268

CURRENT LIABILITIES
Accounts Payable 6,045 1,663
Borrowings 418 42
Provisions 320 150
Other 59 2,276
Total current liabilities 6,842 4,131

NON CURRENT LIABILITIES
Accounts Payable 0 0
Borrowings 2,131 0
Provisions 112 1,078
Total non current liabilities 2,243 1,078
Net Assets 94,393 17,059

EQUITY
Capital 132,535 39,202
Reserves 29 210
Retained Profits
(accumulated losses) (38,255) (22,139)
Total Equity 94,393 17,059



/CONTACT: Peter Malone of New Tel Limited, [phone]; or Anne McBride of The Anne McBride Co., 212-983-1702, for New Tel Limited/