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    Hartcourt (900009) - Brief von Dr. Phan - Buy/Strong Buy ? - 500 Beiträge pro Seite

    eröffnet am 19.07.00 18:51:02 von
    neuester Beitrag 27.03.01 15:18:48 von
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     Ja Nein
      Avatar
      schrieb am 19.07.00 18:51:02
      Beitrag Nr. 1 ()
      Letter from Dr. Alan Phan:
      July 18th, 2000
      Dear Shareholders:

      As our operations in China are picking up speed at a rather furious pace, unfortunately I do
      not have much time to communicate with you as frequently. However, to help keep you up to date
      with our business growth, we have issued 20 press releases over the last 3 months detailing our
      tremendous progress to measure our achievements. How many other companies are performing at
      this level? Yet, we received hundreds of calls and emails each day, feeling there is a lack of
      progress.

      Of course, some are concerned about the current share price. I am too, but I believe the only
      way to increase shareholder value is to properly take care of the company`s growth, development
      and operating results. As I promised in Long Beach, Hartcourt will be ten times bigger by the
      end of 2000.

      Our strategic plan over the next three years is to complete a series of IPO`s or spin-offs
      focused on 3 main divisions: the SinoBull E-Finance Platform and wireless financial services,
      Broadband ISP and Internet infrastructure, and the Financial Transactions Group (online
      banking, insurance, equipment leasing, mortgages, credit, bill payment, etc.). If you manage to
      hang on until then, I guarantee that you won`t be disappointed with the share price or the
      return of your investment. If you want to exit within the next 3 months, then I don`t know how
      to predict.

      At present, we have achieved a tremendous marketing position for the Sinobull Group. Following
      the successful hard launch, SinoBull.com has climbed to 3 Million page views per market day
      with our content on some of China`s premier financial publications. The strategic partnerships
      with China Telecom, Yahoo! China, China Cable Network, Shanghai Nokia, People`s Daily,
      Securities News, etc. have built SinoBull into a formidable contender in the post-WTO world.
      Furthermore, the acquisition of the ChinaOnLine (COL) ISP network will have a much bigger
      impact on Hartcourt`s future than any previous acquisitions.

      COL has 80 local content portals, 105 offices (ie. licensees), 240,000 subscribers (40,000
      business accounts), US $20 Million revenue in 1999, and 2000 employees, all of which will form
      a great backbone to deploy our broadband wireless network. A few more key acquisitions are in
      the works, which will complete the big picture. It`s been astonishing what we could do in one
      year on a shoestring budget.

      However, from now until our final victory, we shall face many challenges and obstacles. We may
      not win every battle, but we move on towards winning the war. I know there will be plenty of
      blood, sweat and tears to be shed. But I also know that our perseverance with get us to our
      destination. As a soldier, I pledge to put my life and everything else on the line to ensure
      that the mission will be accomplished. I will not fail your trust.

      However, in business as in war, you cannot be so predictable that a small change in the battle
      environment could wipe you out. You must continually adjust your strategies to match the
      opposing forces. You march forward always, you might change direction sometimes, but the
      mission objectives are never compromised. Hartcourt is going through this strategic phase, with
      some major developments to be announced soon. There will be some pleasant surprises which we
      are trying to complete. Our competitors and adversaries will then look at Hartcourt in a much
      different light and respect. I cannot tell you much about these changes and I ask you to be
      patient. It will involve major restructuring of assets and personnel. But in the end, you will
      see a much bigger Hartcourt and a much stronger business model. We don`t build a business
      empire the same way we manufacture cookies. We create it one precise stroke at a time, like
      Michelangelo`s masterpiece on the Sistine chapel at the Vatican.

      As for the NASDAQ NMS application, we have been informed by our attorney that the resolution to
      our application should begin on July 27, with an answer on or within a few days after. Since
      that is only 9 days away, let`s wait for the result. Any comment or speculation won`t make any
      difference. If we are approved, I do not expect much influence directly to the company, because
      the coming restructuring is of far more direct importance. If not approved, the same would also
      be true. If that turns out to be the case, we are already prepared and could immediately
      re-apply, we could go to the NASDAQ Small cap, Amex, Toronto, NYSE, Pacific, Hong Kong, London
      whatever. Therefore, it is just a matter of "when", not "if".

      NASDAQ listing is like membership in a country club, it makes you look more respectable, but it
      won`t put food on the table. With or without it, in a year`s time, people across China could be
      rapidly trading stocks over their mobile phones through the SinoBull platform, while watching
      their favorite analysts on our Financial Channel. A wise man once said, "The only true respect
      is self-respect."

      The overall picture is that we have made steady progress. From 5 employees a year ago, we shall
      have over 500 employees in August. From a business plan a year ago, we shall now have at least
      9 subsidiaries with thriving business by year`s end. From 400 shareholders, we have mushroomed
      into an army of 12,000. What a difference a year makes. You will be able to say the same thing
      this time next year. This is the Hartcourt we love and respect. No matter how hard they try, no
      one can change this reality.

      Do you remember what Abraham Lincoln once said, "I do the best I know how, the very best I can;
      and I mean to keep on doing it to the end. If the end brings me out all right, what is said
      against me will not amount to anything. If the ends brings me out all wrong, ten angels
      swearing I was right would make no difference." In three more years, you will have the
      opportunity to sing the victory song with me; or to organize a lynching party. I will take full
      responsibility for all results.


      Sincerely,

      Dr. Alan V. Phan
      Chairman & CEO


      Certain statements in this letter 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 achievements expressed or implied by such "forward - looking" statements to
      differ materially.
      Avatar
      schrieb am 20.07.00 00:06:05
      Beitrag Nr. 2 ()
      Hi longs,

      riecht es nicht ein bissel nach "KEIN LISTING" ?

      Selbst wenn das eintreffen sollte,wird sich Hart wegen seiner sensationellen Erfolgsaussichten noch in diesem Jahr in seinen alten Höhen bewegen.

      mfg
      Hanser
      Avatar
      schrieb am 20.07.00 00:28:56
      !
      Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
      Avatar
      schrieb am 20.07.00 00:38:19
      Beitrag Nr. 4 ()
      Das riecht allerdings ziemlich nach : NO LISTING, leider

      und da kann Mr. Phan schönreden, wie er will, das wird nicht gut für den Kurs sein, oder?
      Avatar
      schrieb am 20.07.00 14:52:08
      Beitrag Nr. 5 ()
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      HRCT.OB
      6
      +0

      delayed 20 mins - disclaimer


      Thursday July 20, 8:10 am Eastern Time
      Company Press Release
      Media Applauds Hartcourt Business Model as Superior for Internet Ventures in China
      Chinese Media Identifies SinoBull Financial Group as the Leading E-Commerce and Solution Provider to China`s Financial Industry
      LOS ANGELES--(BUSINESS WIRE)--July 20, 2000-- The Hartcourt Companies Inc. (OTC:HRCT; Frankfurt:HCT), www.hartcourt.com, today acknowledged that its SinoBull Financial Group subsidiary received very positive media commentary following its recent official launch in Beijing. The company indicated that China Central Television (CCTV), People`s Daily, China Business Times, China Xinhua News Agency, China Securities, Beijing Morning Post, and many other leading news services reported the successful launch of the group`s ventures, including its e-finance and securities trading platform as well as the nation`s leading online financial portal, www.sinobull.com.cn. The company`s business model was unanimously heralded as being significantly beneficial to emerging Chinese Internet companies.

      A detailed report published by The China Business Times (www.cbt.com.cn), stated, ``SinoBull Financial Group`s success in China is a credit to Hartcourt`s China strategy and investment model as initiated by Alan Phan, Chairman of The Hartcourt Companies, and its Chinese management teams. Hartcourt invests in local Chinese companies and operates them as local Chinese companies, in contrast to the practices of other American companies. Hartcourt then provides executive management assistance, technology partners and strategic alliances. Hartcourt`s investment strategy of working together with Chinese Internet companies, along with its long term commitment and deep cultural understanding, is best suited for the fast growing Internet ventures in China.``

      CCTV, Xinhua News Agency and China Securities agreed that the in-depth financial content available at www.sinobull.com.cn has established SinoBull as the leading online financial portal in China. ``Features such as `online brokers,` `real time stock analysis,` and `live commentary` are unique to the Chinese online environment.`` The SinoBull platform is the first and only online trading portal approved by the China Securities Commission to provide financial services over a national secured data network. CCTV went on to distinguish SinoBull Financial Group from other portals in China and commented: ``SinoBull has developed a unique and potentially profitable model driven by financial technology and transactional services rather than the typical concept driven or advertising revenue model of most `dot.com` companies.`` The SinoBull Group is 48% owned by Hartcourt.

      Dr. Charlie Q. Yang, Chief Operating Officer of Hartcourt Companies stated, ``We are obviously very pleased by the positive reaction from the various Chinese news services that covered our launch. SinoBull Group`s comprehensive e-finance platform and wireless financial services offers an ideal solution for all Chinese securities brokerages, investment firms, banks, as well as media and portal companies. At present, we have achieved a leading marketing position for the SinoBull Group. Following the successful hard launch, the page views of SinoBull.com.cn has climbed to approximately 3 million per market day and our content is now being distributed by some of China`s premier financial publications. Hartcourt and its shareholders should benefit from the progress we have made over the last three months and we plan to continue our practice of expanding through acquisition for the foreseeable future.``

      About The SinoBull Group

      SinoBull Group is a financial technology developer and Internet service provider. SinoBull`s subsidiaries include: Beijing UAC Stock Exchange Online, Shanghai Guomao Science & Technology, SinoBull Network Technology (formerly Shangdi Networks), Financial Telecom (FTL), StreamingAsia and LogicSpace. In addition to quality financial news, real-time market data, financial analysis and commentary via the SinoBull portals, www.sinobull.com.cn and www.sinobull.com.hk, the SinoBull platform enables brokerage firms to provide their clients with the ability to securely trade securities online. The company`s E-finance platform is an integration of the most advanced Internet, telecommunication and wireless access systems available on the market today. The service platform and collateral content is offered via subscription to leading securities brokerages, investment firms, banks, as well as media companies throughout Greater China.

      About Hartcourt

      The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on three main divisions: the SinoBull E-Finance Platform and wireless financial services; Broadband ISP and Internet infrastructure; and the Financial Transactions Group (online banking, insurance, equipment leasing, mortgages, credit, bill payment, etc.) Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

      Forward-looking statements

      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 materially from the forward-looking statements.


      --------------------------------------------------------------------------------
      Contact:

      The Hartcourt Companies
      Jack Westfield, 310/410-7290


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      Avatar
      schrieb am 20.07.00 17:54:46
      Beitrag Nr. 6 ()
      Noch einmal zu dem Brief. Der Teil des Textes in dem es um das Nasdaq-Listing geht lautet übersetzt:

      Die Beschlußfassung zum Antrag auf Zulassung an der NASDAQ beginnt am 27.07.00,
      und mit dem Ergebnis wird ein paar Tage später gerechnet. Man muß jetzt
      abwarten, da jede Spekulation über das Ergebnis zu nichts führt. Ob man
      zugelassen wird oder nicht hat wenig direkten Einfluß auf das Unternehmen, da
      die kommende Restrukturierung bei weitem wichtiger ist. Falls man nicht
      zugelassen wird, ist man schon bereit, erneut die Zulassung zu beantragen, oder
      man geht an die NASDAQ small cap, Amex, nach Toronto, zur NYSE, Pacific, Hong
      Kong, London oder sonst wohin. Es ist daher nur die Frage wann und nicht ob.

      Listing an der NASDAQ ist wie die Mitgliedschaft in einem Country Club, man wird
      mehr respektiert, aber dadurch steht noch kein Essen auf dem Tisch. Mit oder
      ohne Listing an der Nasdaq werden die Leute in China schnell mit ihren Handys
      über die SinoBull Plattform Aktien handeln, während sie ihre Lieblingsanalysten
      in unserem Finanzkanal sehen. Ein weiser Mann würde sagen "Der einzig wahre
      Respekt ist Selbstrespekt".


      Also von NO LISTING kann keine Rede sein. Das Listing ist beantragt und ein paar
      Tag nach dem 27. Juli sind wir alle schlauer.

      Gruß

      Speedy1
      Avatar
      schrieb am 20.07.00 23:29:53
      Beitrag Nr. 7 ()
      @speedy,
      über die Motive Deiner "Übersetzung" möchte ich nicht spekulieren, das Nasdaq-listing wird aber möglicherweise bereits AM 27.07. entschieden. Lese bitte genau den amerik. Originaltext ("..with an answer ON or a few days later..") und/oder lasse nichts (bewußt?) aus !!

      PS: Auch Dein BUY/STRONG BUY-Vermerk im anderen von Dir eröffneten thread passt m.E. nicht zum Inhalt des Phan-Briefes - ich hoffe nicht, daß Du versuchst hier Anleger zu versch....., die des englischen/amerikanischen nicht so mächtig sind !!!

      :-(((
      Avatar
      schrieb am 20.07.00 23:34:30
      Beitrag Nr. 8 ()
      sorry, der thread wurde von einem "MeinHerr" eröffnet, sicher nicht mit speedy identisch, oder ?
      Avatar
      schrieb am 21.07.00 13:03:52
      !
      Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
      Avatar
      schrieb am 22.07.00 17:26:59
      Beitrag Nr. 10 ()
      leute nächste woche geht es ab!bis mittwoch letzte chance billig zu ordern,ich werde montag und dienstag massiv einsteigen
      Avatar
      schrieb am 23.07.00 22:56:26
      Beitrag Nr. 11 ()
      Klasse batista,
      das ist nun `mal eine hervorragende Analyse und Aussage. Prima, wie Du andere motivierst! Hat HRCT das Deiner Meinung nach nötig ? Schade, dann könnte es wirklich heiß werden !
      Avatar
      schrieb am 24.07.00 17:08:18
      Beitrag Nr. 12 ()
      Und hier bekräftigt er noch mal: Kein Listing...das ist nicht mehr zwischen den Zeilen, das ist fast schon real!!

      schade, schade..., - ABER:

      Hartcourt verhandelt mit Hongkonger Unternehmen

      Hartcourt steht nach Aussagen des Chairmans und CEOs Dr. Alan Phan in Detail-Verhandlungen mit einem an der Hong Kong Stock Exchange gelisteten Unternehmen. Ziel der Verhandlungen sei ein Merger, der für beide Seiten Gewinne bringen würde. Hartcourt würde so in Hongkong gelistet sein. Man erhofft sich so die Zahl der Aktionäre verdoppeln zu können. Außerdem würde der Wert Hartcourts nach den Aussagen Phans durch diesen Merger maßgeblich gesteigert. Auch bekomme man so ein bessere Position auf den Weltmärkten, da Hongkong der Asien-Sitz der meisten großen internationalen Investmentfirmen ist.
      Avatar
      schrieb am 27.03.01 15:18:48
      Beitrag Nr. 13 ()
      Tja...


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