WHY DO I BELIEVE IN HARTCOURT - 500 Beiträge pro Seite

[tetrahydrocannabinol]

WHY DO I BELIEVE IN HARTCOURT:

Facts and fundamentals: I spent a few hours searching the data and compare HRCT with other companies operating in China. I chose a spectrum of companies and here are the results of my findings on the fundamentals of these companies during the last 12 months:
COMPANY REVENUE LOSS MARKET CAP
SOHU $10.8 Million $36.3 Million $38 Million
SINA $23.2 Million $44.7 Million $52 Million
CHINA $88.6 Million $107.5 Million $204 Million
ZICA $4.2 Million $18.3 Million $187 Million
TNTU $4.1 Million $8.8 Million $30 Million
GIGM $8.7 Million $22.4 Million $48 Million
OSIN zero $1.6 Million $21 Million

HRCT $12.4 Million $1.8 Million $15 Million

All of these companies are BIGGER than HRCT in market value, but their fundamentals are not comparable to even one of HRCT operating division.

WHY DO I BELIEVE IN Hartcourt, part II:
We have 4 solid divisions with real assets and real revenue. Go to Hong Kong and China and see them for yourselves. Don’t believe in any BS from anybody. Each business model is revenue-generating machine, not some untested concept or idea.
SINOBULL FINANCIAL GROUP:
Financial Telecom Ltd.
HC Financial TV
Guo Mao Financial Group
Shangdi Networks
UAC Online Stock Trading
Sinobull.com
Wind Info
Fintel Wireless

AI-ASIA INC:
StreamingAsia
V2Techonology
Logic Space
Syndicate Asia

TELECOM SERVICE GROUP:
Elephant Talk
Other coming acquisitions

E-LEARNING GROUP
JV with Cal State Fullerton and Jiao Tong University

Each of these division has more potential than any of the above China-related companies.

WHY DO THESE 18 PARTNERS BELIEVE IN HARTCOURT, part III:
1. Equis/Reuters
2. Yahoo! China
3. Microsoft
4. IBM
5. HP
6. China Telecom
7. Legend
8. China Cable Network
9. People`s Daily
10. SIFTT/Nokia
11. Innostar
12. China Info
13. China Securities
14. Emperor Group
15. Liu Chong Hing bank
16. Jiao Tong University
17. Cal State University of Fullerton
18. Bank Of Communications

Habe ich so aus dem RB-Board übernommen.

Bitte nur ernstgemeinte Anworten!(*)

gruß
THC

(*).....o.k., war ein Witz, is hier wohl kaum möglich....zu viele Selbstdarsteller und solche, die es mal werden wollen!

[Die Stimme]

weil´s einfach spaß macht einen verliererposten im depot zu haben, der nix mit europa zu tun hat

[Doc17]

...weil E-Kong nur noch bei 0,016€ notiert (heute mal wieder geschmeidig -20%) und uns Leute, die an so einen Schrott glauben einreden wollen, HRCT sei schlecht.

[tetrahydrocannabinol]

Expect the unexpected!!

@DOC: franz is auch ziemlich ruhig geworden..;-))

[Nasdachs]

Doc + tetra

die Frage ist schlicht und einfach, ob Hartcourt, deren Break Even wohl nicht vor Mitte dieses Jahrzehnts zu erwarten ist, über genügend Cash verfügt, um überleben zu können - und da habe ich grosse Zweifel.

Der Kurs von e-Kong ist sicherlich nicht erbaulich, aber solange die Gewinn machen, verschwinden die jedenfalls nicht von der Bildfläche.

[tetrahydrocannabinol]

...sind wir doch mal ehrlich, so schlecht, wie (fast) alle sagen, steht´s um Hartcourt doch garnich! Lediglich ein IPO oder Merger, dann is Kohle genug da, um alles weitere zu finanzieren!

@nasdachs, eigentlich is es mir doch egal, wer für was oder gegen was Stimmung macht, aber beim franz isses mir nur mal so aufgefallen....

gruß
THC

[franzfinanz]

@tetrahydro....

Wegen mir kann HRCT bis 10 Dollar steigen,werde immer meine eigene Meinung haben die zu HRCT ja bekannt ist.


Good Luck!!!

[tetrahydrocannabinol]

Meinungen sind erlaubt! Ja, sogar erwünscht!!

....bis zu einem gewissen Grad!

Auch viel Glück!!!

THC

[Bastor]

ACHTUNG!!
Es stehen Kursbewegende News ins HAus!!!!
HAbe gerade mit dem Marketing Associate von Hartcourt telefoniert und heute oder morgen wird einer sehr positive NAchricht veröffentlicht!
Mehr konnte und durfte er mir nicht sagen,
viel Glück allen!

STILL LONG

[phöniks]

hi tetrahc!

netter nick!

mit hrct konnte man gutes geld verdienen,doch jetzt???

ciao ph

[tetrahydrocannabinol]

hi phöniks!

Als mit hrct gutes Geld verdient wurde, im Hightech-Boom, war ja eigentlich noch gar keine Substanz vorhanden. Das sieht meiner Meinung nach jetzt anders aus, es sind viele erfolgsversprechende Ansätze in Form von verschiedenen Beteiligungen und strategischen Partnerschaften zu erkennen. Und wenn man sich die Wachstumsraten für China in allen Bereichen anschaut, könnte noch einiges passieren.

Ich erwarte, wenn sich das Börsenumfeld verbessert ,dass ein IPO oder Merger erfolgt und dann auch die Liquidität gesichert ist. Im Moment währe es falsch, „Perlen vor die Säue“ zu werfen, und eine der Beteiligungen an die Börse zu bringen, mal ganz abgesehen von der momentanen Situation.


gruß
THC

[cashmanager]

Peking, 13. Sep (Reuters)
Bauern im Westen Chinas haben im Kampf
gegen Heuschrecken dringend um 5000 Schlangen, 20.000 Spatzen und
200.000 Frösche gebeten. Die chinesische Nachrichtenagentur Xinhua
berichtete am Donnerstag, Bauern bei Chongqing in der Provinz Sichuan
wollten die Insekten fressenden Tiere gegen eine Heuschreckenplage
einsetzen, um so auf Pestizide zu verzichten. "Es hört sich nach sehr vielen
Fröschen an, aber sie könnten ganz einfach zur Verfügung gestellt werden.
Es müsste nur jedes Restaurant in China pro Tag einen Frosch weniger
töten", sagte einer der Bittsteller. Heuschrecken fallen regelmäßig über China
her, insbesondere während der Dürreperioden. Bauern in anderen Regionen
des Landes haben Enten und Hühner eingesetzt, damit diese die
Heuschrecken, die sich durch die Felder fressen, vertilgen. lan/nil

Quelle: REUTERS

[tetrahydrocannabinol]

Ich hab gehöhrt, daß die Franzosen ´ne OCHSENFROSCHPLAGE haben, vielleicht sollte man da mal was vermitteln...;-))

[tetrahydrocannabinol]

Stocks of STREAMING Companies are rising thanks to the increased demand from companies, cutting back on executive travels. See the Motley Fool article:
Tuning in to Video Conferencing
In the wake of the terrorist attacks, video and audio conferencing stocks have soared as investors speculate demand for their technologies will rise as air travel slows. Whether last week`s events will provide the kind of sustainable increase in demand many analysts are predicting is unclear, but these companies don`t appear to be better investments now than they were two weeks ago.


By Mike Trigg (TMF Tonto)
September 19, 2001


In the wake of last week`s terrorist attacks on the World Trade Center and Pentagon, video and audio conferencing stocks have soared this week as investors have speculated that demand for their technologies will increase as corporate air travel slows. This week`s jumps in market value look like an overreaction, however, as the industry`s products are far from widespread corporate or consumer adoption.


In the past two days, WebEx (Nasdaq: WEBX), which provides video services for sharing documents and applications via PCs in real time, rose 30% to $22.45 per share, while Polycom (Nasdaq: PLCM), a company specializing in conferencing voice and video products, gained 33% to $25.21 per share. PictureTel (Nasdaq: PCTL), which Polycom is acquiring, jumped 13% to $5.05 per share, and ACT Teleconferencing (Nasdaq: ACTT) rose 48% to $7.42 per share.


The Wall Street Journal said yesterday companies in the business reported usage of conferencing services increased 10% to 50% last week as companies sought to maintain communication with employees stranded by the shutdown of air travel. Now the likelihood of a prolonged air travel slowdown -- coupled with potentially higher ticket prices -- has some investors forecasting a sustained increased in the usage of conferencing services.


There`s little doubt airline travel will become more complex following last week`s events, forcing people to travel less and seek new ways to meet, but the increased usage the Journal reported on is only an indication increased usage among existing customers. While that`s a good sign and may lead to more revenue for conferencing companies, signs of sustained increased demand should also come in the form of new customers.


Plenty of reasons for businesses to embrace the conferencing technologies existed prior to last week`s events, however. WebEx`s conferencing services, for example, enable companies to communicate through video over the Web, and share applications and documents. Video and audio conferencing products also help businesses cut costs by reducing travel expenses.


The days of a student or worker participating in a meeting or class in real time and interactively aren`t far off, but what will drive adoption? Clearly, cheaper bandwidth, more powerful PCs, and lower prices will drive demand. Products like Microsoft`s (Nasdaq: MSFT) upcoming Windows XP operating system, which includes video communications tools that allow users to call other PCs via the Internet, could also increase demand for video conferencing products and services.


Increased demand among corporations and consumers should increase the value of videoconferencing services. The growth of email and mobile phones are good examples of past instances in which this has happened: As more people began communicating by email, for example, others were inclined to embrace that form of communication. Heightened use of video communications could have the same effect.


While demand for the products and services should continue to increase, however, whether any of the companies in this industry are viable investments is a separate question. With a market cap of $2 billion, Polycom appears to be the dominant player in the sector. According to Prudential, it controls 45% of the video communications market and 70% of the voice conferencing market. Last year, it grew sales and earnings 66% and 68%, respectively.


Thanks to the development of strong sales channels, the company`s success has come largely at the expense of its completion, particularly PictureTel -- which Polycom plans to acquire -- in the video conferencing segment. ACT Teleconferencing, which has a market cap of less than $50 million, has also struggled in the shadow of Polycom. The rest of the competitive picture in this highly fragmented market includes consumer electronics companies like Sony (NYSE: SNE) as well as Norway`s Tandberg.


The likelihood of increased demand for video and audio conferencing services suggests that well-established companies like Microsoft and Sony could put more emphasis on the industry. Microsoft`s NetMeeting software competes with WebEx, while consumer electronics companies like Sony play in the audio and video segments against Polycom. Increased competitive threats from larger companies will be something to continue watching closely.


Following the Gulf War, video and audio conferencing companies experienced a similar increase in usage as corporations cut back on travel. Last week`s events will likely have a similar effect, but whether that will provide the kind of sustainable increase in demand many analysts have been predicting is unclear. Clearly, video and audio conferencing will continue to grow in popularity, but these companies aren`t better investments now than they were two weeks ago.


Mike Trigg looks forward to widespread adoption of video conferencing. To see other his holdings, view his profile. The Motley Fool is investors writing for investors.

gruß
THC

[tetrahydrocannabinol]

NEWS ON THE SPIN-OFF OF ELEPHANT TALK:
Tuesday September 25, 9:34 am Eastern Time
Press Release
SOURCE: Staruni Corp.
Staruni Corp. to Acquire Elephant Talk Ltd.
LOS ANGELES--(BUSINESS WIRE)--Sept. 25, 2001--Staruni Corp. (OTCBB:SRUN - news), an Internet Service Provider and Web Developer of e-commerce sites and solutions and e-service Internet companies, today announced it has signed an agreement evidencing its intent to acquire all of the outstanding shares of Elephant Talk Ltd., a telecommunications company based in China.

In contemplation of the change in its business plan through the acquisition of Elephant Talk, the company has formally withdrawn its application to register shares of SRUN on Form SB-2, previously filed with the U.S. Securities and Exchange Commission. Its notification of the withdrawal was filed by Staruni with the SEC on Friday, Sept. 21, 2001.

Elephant Talk Ltd. has its principal office in Hong Kong, an affiliated office in Boston, and several points of presence (POPs) in various cities in the People`s Republic of China and Southeast Asia. Its activities involve selling wholesale telephone service to such customers as AT&T, MCI and Global Crossing, as well as providing phone cards to those who wish to call China and around the globe. The company was founded in 1994 and did over 15 million in revenues for each of the past two years.

The total transaction shall involve a reverse stock split, a combination of both the ET and Staruni Boards of Directors, and a shareholders` meeting to approve the entire transaction. The date for such meeting has not been set; however, the entire transaction is due to be finalized prior to the end of the calendar year. The details of these transactions will be disclosed in a Form 8-K to be filed in the next 15 days.

The statements made in this news release that are not historical facts contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company`s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other facts may result from business risks and uncertainties including, without limitation, the companies dependent on third parties, market conditions, technical factors, the availability of outside capital and receipt of revenues, and other facts, many of which are beyond the control of the companies mentioned in this release. Each company disclaims any obligation to update information contained in this news release, and readers are cautioned not to place undue reliance on any forward-looking statement.


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

Staruni Corp.
Bruce D. Stuart, 310/470-9358, 310/470-9127 (Fax)
[e-mail]
www.cyberhotline.com
www.staruni.com

[tetrahydrocannabinol]

Tuesday September 25, 1:00 pm Eastern Time
Press Release
SOURCE: The Hartcourt Companies, Inc.
Hartcourt`s Subsidiary, ElephantTalk, to Merge With Staruni
LOS ANGELES, Calif., Sept. 25 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com, today announced that it will publicly divest its ElephantTalk (ET) subsidiary in a merger with Staruni Corp. (OTC Bulletin Board: SRUN - news). The reverse merger will allow ElephantTalk to actively trade on the equity markets and unlock its value for Hartcourt investors. In addition, ElephantTalk will now have its own access to the capital markets to raise the necessary capital to expand its businesses.

Mr. Russelle Choi, CEO of ET, comments, ``We are excited and proud to be entering the US public market and we are planning to apply for listings on the Frankfurt and Hong Kong markets as well. We look forward to rewarding our shareholders with a well-managed, growing, profitable business that is poised to take advantage of the coming opportunities in Greater China. We are already moving forward with plans to add substantial revenues over the next few quarters and expand operations. ET has just begun recording revenues on two new international markets which should substantially impact our top line. ET has also reduced operating margins through a re-negotiation of our major lease line expenses. We have also unveiled our new website today at www.elephanttalk.com. These are just the first steps in our strategy to develop ET into a world class telecommunications organization in Asia and the US.``

Hartcourt plans to continue its divestiture strategy with SinoBull and AI-Asia and is on schedule to have these subsidiaries enter the public markets during Q4. The education division will stay within Hartcourt. In 2002, Hartcourt shareholders will have major equity stakes in four operating companies trading on multiple world exchanges.

Dr. Alan Phan, Chairman of Hartcourt, said, ``Today Hartcourt has achieved the first step in fulfilling its promise to maximize the value of its assets for investors. The spin off of ElephantTalk is the first in the process of monetizing Hartcourt`s assets through public divestitures. We expect the capitalization of ElephantTalk to validate our investment in ET and set the stage for the public listings of SinoBull and AI-Asia. Further details of the merger, including equity distributions via dividend shares, will be forthcoming.``

About Hartcourt

The Hartcourt Companies is a holding and development enterprise that has built a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt`s operative business strategy is designed to facilitate a series of venture divestitures via IPO or public merger to fully realize the value of these assets for its investors. Detailed information on Hartcourt can be obtained via the company`s Web site: www.hartcourt.com.

About ElephantTalk

Based in Hong Kong, ElephantTalk is one of the leading international long-distance service providers to Hong Kong and portions of China. Established in 1995, it holds a number of licenses including US FCC 214, HK ETS and ISP PNETS allowing it to provide voice, data transmission like IDD, pre-paid calling card and ISP services. Its customers include major telecom carriers based in the U.S. and Hong Kong. Additional information regarding ElephantTalk can be found at www.elephanttalk.com.

About Staruni

Staruni Corp. is an Internet service provider. The Company provides a wide array of Internet services tailored to meet the needs of individual and business customers, including customers with little or no online experience. The Company does business mainly in southern California. Its primary service offering for individual customers is dial-up Internet access and value-added services.

Forward-looking statements

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including, but not limited to, factors detailed in Hartcourt`s filings with the Securities and Exchange Commission including recent filings of Forms 10-K and 10-Q. The forward-looking statements should be considered in light of these risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Hartcourt undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by Hartcourt or any other person that the events or circumstances described in such statement are material.

For further information, please contact Mr. Manu Ohri of The Hartcourt Companies, Inc., [phone], ext 207.

SOURCE: The Hartcourt Companies, Inc.

gruß
THC

[tetrahydrocannabinol]

September 26, 2001 from Alan Phan

Dear Shareholders:

It has been a Hartcourt tradition to provide our
shareholders frequent updates. In these uncertain
times it is important for you to know that the
Hartcourt Companies are continuing to execute their
business plans as promised.

It has been a very difficult year in the tech sector
and the recent terrorist attacks have magnified the
impact of the economic slowdown, creating additional
turbulence in the markets. This combination of events
has had an adverse effect on our share price, as it
has for thousands of other companies. However, in
addition to the growing achievement of our
organization, many positive factors are taking shape
in the markets, in the global economy and in China,
which should provide substantial stimulus to our
efforts as Hartcourt continues to march forward on its
mission.

THE ENVIRONMENTAL FACTORS

The Fed has lowered the interest rates for an eighth
time and there is anticipation of another cut in
October. This will not only make capital spending more
attractive, but will also create incentive for the
huge cash reserves currently on the sidelines to move
into the equity markets. The finalization of China¡¯s
WTO entry will open the enormous consumer and business
markets of China and open the doors to a broad range
of opportunities for Hartcourt. There will be
increased cooperation between our businesses and many
U.S. and Asian corporations that have been waiting for
this event. The WTO should favorably impact all of our
operating entities; as telecommunications, financial
services, internet technology, and E-education are all
sectors expected to benefit and Hartcourt divisions
are well positioned in these sectors. In addition; the
economic downturn has made available many valuable
assets from distressed companies, it is much easier to
find highly qualified IT personnel, and upward
pressure on wage and infrastructure expenses has
abated. Finally, our structure and direct chain of
command allows our companies to respond rapidly to
changing market conditions to pursue market share and
new business opportunities.

TAKING OUR COMPANIES PUBLIC

This week we initiated the listing of our first
spin-off, ElephantTalk, on the US markets. This is the
completion of step one of our goal to have all
Hartcourt divisions in a position to publicly trade
and have established market values by year-end. We
will continue to add acquisitions and investments in
all four divisions so we can increase their value to
investors and facilitate the divestiture process. In
2002, we will have major equity stakes in four
companies trading on multiple world markets with
shareholders participating in the value of each
spin-off. In addition, the dividend strategy will be
structured to reward long-term shareholders and to
create a high level of risk and accountability in the
borrowing of shares and naked-shorting.

Furthermore, each division¡¯s business model will
incorporate measures to meet all necessary
requirements to move onto the larger exchanges. While
there is no specific timeline established at this
point, achieving this goal will be a major factor in
our operational strategy. We understand we have not
succeeded in our previous effort at a listing on the
Nasdaq NMS, but we will use the lessons learned from
this attempt to avoid mistakes, and to obtain the
planned result.

THE FINANCIAL CONDITION

Last month we announced a dramatic increase in
revenues due to the financial consolidation of our
ElephantTalk, Media services and Sinobull units. We
expect continued improvement in both top and bottom
lines in the third quarter through strong revenue
growth in our existing businesses, and substantial
revenue expansion from acquisitions going forward. We
fully expect to meet the $3.5 Million in revenue
projection for Q3 despite the recent slowdown of the
global economy. We have streamlined operations,
reduced overhead, and have sufficient cash resources
to accomplish our stated goals.
With current revenues from eight operations,
Hartcourt¡¯s share price represents less than 1 times
forward sales. Considering the following factors:
additional acquisitions on stream, Hartcourt¡¯s
favorable market positions in China, the positive
impact of the WTO, the technology edge of our
companies, and the profit-driven business models of
our operations, it appears our share price is
fundamentally undervalued. We believe, as the
divestiture process unlocks the true value of our
assets, the investment community will recognize the
market value we deserve and reflect it in the share
price.

THE MANAGEMENT

Hartcourt¡¯s recent reorganization was just the first
step in a company wide review of personnel and
business operations to guarantee the appropriate
managers and strategies are in place to bring each
operational unit to the next level of sustained
revenues, brand recognition, market penetration and
technological/competitive advantage.

The management teams of Hartcourt¡¯s four divisions
are already taking charge of their daily operations;
with Mr. Stephen Tang ¨C CEO of Sinobull, Mr. Russelle
Choi -CEO of ElephantTalk, and Mr. Alan Chow- CEO of
AI-Asia. Hartcourt will appoint the CEO of the
E-education division in the near future.

These CEO¡¯s represent a ¡°changing of the guard¡± as
we move our operational focus to the consolidation
phase of our accomplishments. I have total confidence
in these executives and their ability to guide their
operations to the next level of success. My role in
all company operations will be significantly reduced
once the divisions are on their own.

THE NEW HARTCOURT

Hartcourt now has four separate divisions that are
generating revenue. These will become four separately
trading, publicly-listed, companies with their own
market dynamics and exceptional leadership:

1) Sinobull Financial Group: This operating group
consists of Financial Telecom Ltd, SinoBull
Information Company Ltd , SinoBull Network
Technology Company, SinoBull.com, and Hartcourt`s
investments in Shanghai Wind Information Company.
SinoBull provides financial news and data to
brokerages, financial institutions, and corporations.
It also delivers these financial information to
individual investors via cable TV, magazines and
Internet-based Web sites. The system was supported by
technological platforms and solutions developed and
maintained by SinoBull¡¯s software and technology
group. If in 2015, China¡¯s economy is as large as the
US at the present time, Sinobull will be a household
word like Bloomberg and CNBC.

2) Elephant Talk Group: This group is centered around
Elephant Talk Limited and future joint-ventures with
other Chinese telecom companies. The group is focused
on the development and delivery of comprehensive
telecommunication services, broadband networks,
technology solution and the management of Internet
services. Its products and services include web
hosting, data warehouse, Internet security, E-commerce
services, IP telephony, and a variety of wireless
platforms and solutions. When the telecom industry in
the US was deregulated in the 80¡¯s , Sprint and MCI
came from nowhere to become two major carriers.
Elephant Talk has all the capability and market
position to repeat this historical feat in China after
WTO.

3) The AI-Asia Media Services Group: The operating
companies in this group include
StreamingAsia, Logicspace, V2Technology and Syndicate
Asia with an investment in Beijing Total System
Solutions Ltd. (TSS). The group provides
comprehensive real-time audio and video delivery
solutions (Streaming Media) along with Internet
consulting and web application development for
businesses, professionals, organizations, web sites
and content publishers. If video and audio streaming
is the trend of the future Internet, AI-Asia will be
the one of the leading technology groups in Asia.

4) The E-learning Group: The operations of this
group were formed in a partnership agreement
between Hartcourt, Northern Jiaotong University and
California State University Fullerton to offer
American career training courses and MBA degree
program in China. The business plan is to organize
additional partnerships with other American and
Chinese universities, utilizing AI-Asia technology and
ET¡¯s infrastructure to facilitate the online
education programs in China. Needless to say, every
study show that revenue and profit from online
education will be the largest sector of the
E-commerce. To have the first-mover advantage in this
market will be our competitive edge.

We are confident that the market capitalization of
each individual company can exceed the total present
value of Hartcourt.

OUR MISSION AND THE ACCOMPLISHMENTS

These investments speak for themselves about the
progress Hartcourt has made over the past 18 months.
And we are not done yet. We will continue to acquire
additional assets to infuse into these divisions. Any
dilution to Hartcourt stock will be minimal, because
these new public entities will take care of
acquisition and operational costs through their own
equity and capital resources.

These new companies will focus on fundamentals,
operations, acquisitions, and shareholder value. They
will follow the Hartcourt path and mission in their
own business sectors. Hopefully, they will build their
own empires and give birth to a new generation of ET,
SB and AI subsidiaries¡­ like Hartcourt did for them.
The journey is endless, but rewarding, and the
excitement is overwhelming. China is on a road to
become one of the world¡¯s largest economies and these
new companies will be household words in their own
industries. We have set a challenging path that we are
committed to follow as we build an organization with a
strong and prosperous future. There will be blood,
sweat and tears as there will be obstacles, delays and
challenges. But nothing can stop an idea whose time
has come.

As the Greek poet Hesiod once said; ¡°Before the gates
of excellence the high gods have placed sweat; long is
the road thereto and rough and steep at first; but
when the heights are reached, then there is ease,
though grievously hard in the winning." 2500 years
later, Samuel Johnson agreed,¡± Life affords no higher
pleasure than that of surmounting difficulties,
passing from one step of success to another, forming
new plans and seeing them gratified. He that labors in
any great undertaking has his fatigues first supported
by hope and afterwards rewarded by joy. To strive with
difficulties, and to conquer them, is the highest of
human felicity.¡±

It¡¯s amazing how little the road to success has
changed.

Sincerely,

Dr. Alan Phan
Chairman

Note: 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 achievement expressed
or implied by such forward looking statements to
differ materially from the forward looking statements.


=====
Dr. Alan V. Phan, Chairman
The Hartcourt Companies, Inc.
9800 Sepulveda Blvd. Suite 818
Los Angeles, CA. 90045 USA
Tel: [phone] Ext 209
Fax [phone]
Web: www.hartcourt.com

[tetrahydrocannabinol]

NEW HRCT LETTER!
Dear Shareholders:

Please note the correction in the following line of the Hartcourt Shareholder letter. It should read:

"We fully expect to meet the $3.5 Million in revenue projection for Q3 despite the recent slowdown of the global economy."

Erroneously, the $3 before the .5 was interpreted as a variable and omitted by the mailing program.

For your reference, this is the correct paragraph in full:

"Last month we announced a dramatic increase in revenues due to the financial consolidation of our ElephantTalk, Media services and Sinobull units. We expect continued improvement in both top and bottom lines in the third quarter through strong revenue growth in our existing businesses, and substantial revenue expansion from acquisitions going forward. We fully expect to meet the $3.5 Million in revenue projection for Q3 despite the recent slowdown of the global economy. We have streamlined operations, reduced overhead, and have sufficient cash resources to accomplish our stated goals."

Our apologies for any difficulties this may have caused.

Sincerely,

The Hartcourt Companies


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.

gruß
THC

[1077-11]

Sollte unser Aston Martin unter anderem "Namen" wieder auferstanden sein ? Keiner konnte so positiv und informiert zu HRCT schreiben. Jetzt geht die Fliegenfängerei wieder los.... .

Ach ja, Tetra..... Ist schon ein eigenartiges Medikanent.

http://hiv.net/2010/drugs/tetrah.htm

[tetrahydrocannabinol]

Wer ist Aston Martin?? Muß vor meiner Zeit gewesen sein...konnte auch auf die schnelle nix finden.

Das ich evtl. positiv und informiert wirke, könnte daherrühren, dass ich positiv und informiert bin.

Von welcher Fliegenfängerei sprichst Du??

Die Hanfpflanze gilt wegen ihrer vielfältigen Nutzbarkeit seit 5 000 Jahren als wertvolle Kulturpflanze. Sie enthält das Rauschmittel THC (Tetrahydrocannabinol)....... Ich bin an der vielfältigen Nutzbarkeit der Kulturpflanze interessiert!

Wie bekomme ich die lustigen smileys in einen Beitrag?????

[tetrahydrocannabinol]

Hartcourt`s Subsidiary, Sinobull, to Merge With Global
Telephone Communications Inc.(GTCI)

LOS ANGELES, Calif., Oct 2 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC
Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com, today announced that it will
publicly divest its Sinobull subsidiary in a merger with Global Telephone Communications Inc.
(OTC Bulletin Board: GTCI - news). The reverse merger will allow Sinobull to actively trade
on the equity markets and unlock its value for Hartcourt investors. In addition, Sinobull will now
have independent access to the capital markets to fund expansion of its business operations.
Details of the transaction will be disclosed in Form 8K to be filed shortly.

Last week Hartcourt announced plans to divest its subsidiary ElephantTalk through Staruni and
will continue its divestiture strategy with subsidiary AI-Asia to enter the public markets during
Q4. The E-education division will stay within Hartcourt. In 2002, Hartcourt shareholders will
have major equity stakes in four operating companies trading on multiple world exchanges.

Dr. Alan Phan, Chairman of Hartcourt, said, ``Today Hartcourt has achieved the second step
in fulfilling its promise to maximize the value of its assets for investors. In addition to providing
Sinobull an excellent entry point to the public markets, GTCI also possess a number of ventures
and licenses within China for Sinobull to develop. GTCI owns and operates an E-mail platform
which has 200,000 active members. We plan to bring in Sinobull `s brand name and other
market relationships to fully utilize this customers base. China, after WTO, is full of
opportunities for Sinobull. Its estimated 45 Million stock investors are a desirable target for
everybody, especially those with first-mover advantage.``

Mr. Stephen Tang, CEO of Sinobull, stated, ``Sinobull`s companies; Financial Telecom Ltd,
Sinobull Information Ltd, HC Financial TV, and Sinobull Network Technology Ltd.,
(www.SinoBull.com), are already prominent in the financial services industry in greater China.
Being a publicly-listed company will give us direct access to the capital markets and provides
us the tools to make acquisitions. As we move forward with our mission to provide the best
financial information and data analysis in China for business and consumers, we expect to
establish Sinobull as a household name in the post-WTO China.``

An overview of Sinobull Financial Group:

DIVISIONS
1. Content Management: Collection and analysis of comprehensive in-house
database of financial news and company reports.
2. Distribution Network: Distribute this content to customers via:
a. Business Terminals: using leased lines, broadband, satellite,
pagers, VBI.
b. Internet-Based: Web sites, wireless portals, SMS.
c. Cable TV Network: HCTV Financial TV.
4. Printed Media: SinoBull Magazine
5. Technology Solutions: Providing technology support to ensure clients
get the most efficient solution for their application.

OPERATING COMPANIES
1. Financial Telecom Ltd: Manages and distributes content via terminals
in Hong Kong. A 17 year-old company with respected management from the
industry.
2. Fintel Wireless Internet Ltd: Distributes content via pagers in Hong
Kong and China.
3. Sinobull Information Co., Ltd: Manages and distributes content via
terminals in China. An aggressive 4-year old company with major banks
and brokerages as clients. Manages the best currency portal in China,
www.fx168.com.
4. Sinobull Network Technology Co., Ltd: Manages the most popular
financial portal in China, www.sinobull.com. , which was awarded a
medal in two consecutive years in Year 2000 & 2001 as one of the
"Outstanding Chinese Financial Websites".
5. Ton Bo Software Ltd: Provides technology solutions to financial
institutions. Distributes the well-known Equis products of Reuters.
6. HCTV Financial TV Channel Ltd: Provides financial news and analysis
via a network of cable TV in China (to be launched in 2002).
7. Sinobull Magazine Ltd: Publishes a monthly magazine in financial news
and analysis (to be launched in 2002).

PRODUCTS AND SERVICES
1. Financial Contents: Real-time stock quotes, charts, commodities,
foreign currencies, company reports, market data, analysts` research,
economic news, CEO interviews etc.
2. Distribution Systems For This Content: Traditional business terminals,
wireless pagers, financial portals, cable TV, newsprint etc ...
3. Technology Solution: Software for online trading (Shangdi TRX),
analysis tool (MetaStock), financial solution provider (FX Bao) etc.

PARTNERS, ALLIANCES, CLIENTS
1. Equis/ Reuters
2. Yahoo! China
3. Bank Of Communications
4. Microsoft (China) Ltd.
5. China Telecom
6. China Cable Network
7. People`s Daily
8. China Securities Daily
9. China Info

CHINA MARKET POTENTIAL
1. Population: 1.4 Billion in total, over 100 Million high income
executives and business personnel in 9 major urban centers;
2. Growth: fastest in the world with an average of 8 percent sustaining
for the last 12 years;
3. GNP: The size of the total economy is projected to equal the existing
size of the USA in 2015.
4. Internet: Registered users of the Internet are expected to surpass
the US in 2010 with over 250 Million people.


MANAGEMENT

Mr. Stephen Tang has been the Managing Director of Financial Telecom for over 17 years. Before Joining Financial Telecom, he
had 8 years of experience in banking and finance in HK and South East Asia. He holds a master`s degree in Business
Management.

Mr. Jiang Tai has been the managing director of Sinobull Information (formerly Guomao) for 5 years. Before that he had 4 years
of experience in the Chinese financial services market. He holds a master`s degree in Science and Technology.

Mr. Kenneth Lee joined HCTV in Year 2000. Before that, he had been the CEO of several well-known nationwide and
international firms in financial markets. He has had over 10 years of experience in the field.

Mr. Alex Pang, Director of marketing and sales in Financial Telecom, graduated in 1975 from HK Baptist University in Business
Management. After serving for a MNC for 15 years, he joined the company in 1990 to establish a paging network and call center
for distribution of real-time financial data to the market.

Mr. Cheng Xionghai, general manager of Sinobull Network Technology Limited and the main co-founder of the Sinobull website,
came to us from China Securities Co., Ltd. He was degreed in Finance and is a Certified Security Analyst in China.

Mr. Terry Wong, currently President and CEO of GTCI, has extensive experiences and held several senior executive positions in
telecommunications, real estate and investments in Asia and North America. Mr. Wong received his BA degree in Commerce &
Finance from Simon Fraser University, Canada.

About Hartcourt

The Hartcourt Companies is a holding and development enterprise that has built a broad network of Internet, media, and
telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored
entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its
subsidiaries and their partners. Hartcourt`s operative business strategy is designed to facilitate a series of venture divestitures via
IPO or public merger to fully realize the value of these assets for its investors. Detailed information on Hartcourt can be obtained
via the company`s Web site: www.hartcourt.com.

Forward-looking statements

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of The Private
Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements, including, but not limited to, factors detailed in Hartcourt`s filings
with the Securities and Exchange Commission including recent filings of Forms 10-K and 10-Q. The forward-looking statements
should be considered in light of these risks and uncertainties. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof. Hartcourt undertakes no obligation to publicly release any
revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence
of unanticipated events. The inclusion of any statement in this release does not constitute an admission by Hartcourt or any other
person that the events or circumstances described in such statement are material.

For further information, please contact Mr. Manu Ohri of The Hartcourt Companies, Inc., [phone], ext 207.


...jetzt gehts looooos!!

gruß
THC

[tetrahydrocannabinol]

By: hotsearch $$$$ Reply To: 162039 by hotsearch $$$$
Tuesday, 2 Oct 2001 at 3:35 PM EDT Post # of 162386


IMPRESSIVE OVERVIEW OF THE NEW GTCI:
An overview of Sinobull Financial Group:

DIVISIONS
1. Content Management: Collection and analysis of comprehensive in-house
database of financial news and company reports.
2. Distribution Network: Distribute this content to customers via:
a. Business Terminals: using leased lines, broadband, satellite,
pagers, VBI.
b. Internet-Based: Web sites, wireless portals, SMS.
c. Cable TV Network: HCTV Financial TV.
4. Printed Media: SinoBull Magazine
5. Technology Solutions: Providing technology support to ensure clients
get the most efficient solution for their application.

OPERATING COMPANIES
1. Financial Telecom Ltd: Manages and distributes content via terminals
in Hong Kong. A 17 year-old company with respected management from the
industry.
2. Fintel Wireless Internet Ltd: Distributes content via pagers in Hong
Kong and China.
3. Sinobull Information Co., Ltd: Manages and distributes content via
terminals in China. An aggressive 4-year old company with major banks
and brokerages as clients. Manages the best currency portal in China,
www.fx168.com.
4. Sinobull Network Technology Co., Ltd: Manages the most popular
financial portal in China, www.sinobull.com. , which was awarded a
medal in two consecutive years in Year 2000 & 2001 as one of the
"Outstanding Chinese Financial Websites".
5. Ton Bo Software Ltd: Provides technology solutions to financial
institutions. Distributes the well-known Equis products of Reuters.
6. HCTV Financial TV Channel Ltd: Provides financial news and analysis
via a network of cable TV in China (to be launched in 2002).
7. Sinobull Magazine Ltd: Publishes a monthly magazine in financial news
and analysis (to be launched in 2002).

PRODUCTS AND SERVICES
1. Financial Contents: Real-time stock quotes, charts, commodities,
foreign currencies, company reports, market data, analysts` research,
economic news, CEO interviews etc.
2. Distribution Systems For This Content: Traditional business terminals,
wireless pagers, financial portals, cable TV, newsprint etc ...
3. Technology Solution: Software for online trading (Shangdi TRX),
analysis tool (MetaStock), financial solution provider (FX Bao) etc.

PARTNERS, ALLIANCES, CLIENTS
1. Equis/ Reuters
2. Yahoo! China
3. Bank Of Communications
4. Microsoft (China) Ltd.
5. China Telecom
6. China Cable Network
7. People`s Daily
8. China Securities Daily
9. China Info

CHINA MARKET POTENTIAL
1. Population: 1.4 Billion in total, over 100 Million high income
executives and business personnel in 9 major urban centers;
2. Growth: fastest in the world with an average of 8 percent sustaining
for the last 12 years;
3. GNP: The size of the total economy is projected to equal the existing
size of the USA in 2015.
4. Internet: Registered users of the Internet are expected to surpass
the US in 2010 with over 250 Million people.

MANAGEMENT

Mr. Stephen Tang has been the Managing Director of Financial Telecom for over 17
years. Before Joining Financial Telecom, he had 8 years of experience in banking
and finance in HK and South East Asia. He holds a master`s degree in Business
Management.

Mr. Jiang Tai has been the managing director of Sinobull Information (formerly
Guomao) for 5 years. Before that he had 4 years of experience in the Chinese
financial services market. He holds a master`s degree in Science and Technology.

Mr. Kenneth Lee joined HCTV in Year 2000. Before that, he had been the CEO of
several well-known nationwide and international firms in financial markets. He
has had over 10 years of experience in the field.

Mr. Alex Pang, Director of marketing and sales in Financial Telecom, graduated
in 1975 from HK Baptist University in Business Management. After serving for a
MNC for 15 years, he joined the company in 1990 to establish a paging network
and call center for distribution of real-time financial data to the market.

Mr. Cheng Xionghai, general manager of Sinobull Network Technology Limited and
the main co-founder of the Sinobull website, came to us from China Securities
Co., Ltd. He was degreed in Finance and is a Certified Security Analyst in
China.

Mr. Terry Wong, currently President and CEO of GTCI, has extensive experiences
and held several senior executive positions in telecommunications, real estate
and investments in Asia and North America. Mr. Wong received his BA degree in
Commerce & Finance from Simon Fraser University, Canada.


gruß
THC

[tetrahydrocannabinol]

By: hotsearch $$$$ Reply To: 162841 by hotsearch $$$$
Thursday, 4 Oct 2001 at 2:28 PM EDT Post # of 162871


ANALYSIS ON RECENT REVERSE MERGER:
I don’t know why some HRCT shareholders are so confused about recent moves by HRCT management to spin-off the assets of ET and SB to SRUN and GTCI. I guess the paid bashers are so successful in muddying the water to create such confusion. Their manipulative tactic of mixing half-truths with blatant lie was brilliant. Their MM bosses must be proud. The most ridiculous claim was that HRCT was trying to transfer assets before declaring BK (how can you declare BK when you have no creditor?).
Here are the pure and simple FACTS about the whole process. I will try IMHO to find out the EFFECT of these reverse mergers on HRCT and HRCT shareholders. First, let’s distinguish between HRCT operations and HRCT share price. Long-term investors do care about HRCT’s operation ; while short-term investors are only concerned with its share price. The two matters do not always behave in the same manner.

WHAT EFFECT WILL THE REVERSE MERGERS HAVE ON HRCT OPERATION?

1. Since the reverse process will take about 2 months to complete, I don’t think the closing date of the transaction will be earlier than 12/31/01. It means that HRCT will continue to report revenue and earning of ET, SB, AI in Q4. Nothing will happen until Q1 of 2002.
2. The effect on management is NONE. Each division (ET, SB, AI) is being run by independent management groups and they will continue to do so when these entities become independent. Since the same management team will run the same business model in the same market, there will be NONE other effect on the operations.
3. I think Dr. Phan will resign after the completion of the spin-off; but there should not be any adverse effect. He is not running these operations these days; and his financial engineering job is pretty much over.
4. However, after Q1 of 2002, these entities will have their own shares to play with. It means that they can go out and raise financing on their own; use their public shares to acquire other companies; or seek their own listing in other stock exchanges.
5. One benefit Sinobull might have is that GTCI has an E-mail platform of 200,000 members. They can utilize this base to build some marketing programs. GTCI also have a few joint ventures with China Telecom, which they can transfer to Elephant Talk.
6. Somebody was disappointed that ET or SB mergers were not with a giant like AT&T or Reuters? Please remember that being public company does NOT preclude ET or SB to merge with other giants. The public or private status of a company has nothing to do with its operation. In fact, since it has a public market value, the merger of ET or SB with other companies are much easier as there will be less discussion on the valuation.
7. Is there any negative effect once these companies become their own public companies? The only thing I can think of is that they will have to pay additionally for legal and accounting works; but this expense should not be more than $5,000 a month above what they are incurring right now, so it is a minor concern.

WHAT EFFECT WILL THE REVERSE MERGERS HAVE ON THE SHARE PRICE?

1. Again, since the closing won’t happen until 12/31/01, there should be NO effect until Q1 of 2002.
2. After Q1, most of HRCT assets (except for the E-Education) will be in form of shares owned in ET, SB and AI. The change on HRCT share price will depend on the value of these shares. Right now, HRCT has a $14 Million market cap. Take out $1 Million for E-Education, we can give an estimated value of $13 Million for the other 3 assets. If the total value of 50% of ET, 65% of SB and 80% of AI is more than $13 Million, then HRCT share price will be higher. How high? It will depend on how high the total market value of these 3 assets will be. Of course, if the market caps of these 3 assets are lower than $13 Million, then HRCT share price will be lower.
3. So you can see that the share price of HRCT after Q1 will depend mostly on ET, SB and AI share price. Now let’s analyze this factor:
4. The shares of ET, SB and AI should be in the highest possible range because of the small floats after the reverse splits. If you understand the market making activities of the OTC and Nasdaq stocks (the NYSE and AMEX and others are different as they have specialists for each stock), you should know that there are plenty of shorting going on, whether it is share borrowing from the float or naked shorting from Canada or Europe. HRCT is vulnerable because the MMs know too well that there are always sellers (especially if you sent a bunch of paid bashers to the chat rooms and stir the FEAR emotion on a daily basis). With the new entities having a VERY SMALL floats (no more than 1.5 Million shares each, comparing to 40 Million of HRCT), the MMs won’t move until there is a definite buy or sell order. It explains why it is more difficult to buy SRUN or GTCI right now. If there is minimum short selling, you can bet that the share price of these new companies will be much higher.
5. Another factor which will influence the share price is the number of shareholders. Right now, SRUN and GTCI have less than 800 shareholders. If the shares are distributed to HRCT shareholders (about 8000 right now), this new group of shareholders will definitely create more activity than whatever going on now. It is a positive factor for the share price.
6. Right now, SRUN and GTCI are listed only on the OTC. I am sure that they will apply for Frankfurt and Hong Kong listing, as soon as the new management takes over. Increased exposure increases share price.
7. Another favorable aspect of ET(SRUN) and SB(GTCI) is that the business model of each company will be much easier to understand than Hartcourt. Just say Sprint for ET and Bloomberg for SB will take only 2 seconds. Investors and brokers do not have the attention span of a university professor. The PR program for ET and SB will be much more effective than HRCT.
8. The share price of ET and SB can increase dramatically if they can manage to bring in well-known equity partners like Reuters, Global Crossing, Bloomberg or WorldCom. It’s much easier to agree on the valuation once you have a public entity with an identifiable market value.
9. Finally, to understand how big the factor of the FLOAT has on the share price, you can follow the example of OSIN. This company has no clear business plan, has no revenue and has no earning, yet its market value is over $18 Million. The shorters stay away because the float is too small for them to do anything about it. There are hundreds of other examples on the OTC roster which I will give you later if I have time to dig out.

CONCLUSION

1. Hartcourt subsidiaries’operations won’t be affected at all on this spin-off process
2. Hartcourt’s share price won’t change much until Q1 of next year. Afterwards, it all depends on the share price of ET, SB and AI. The share price of these new public companies will however have great upside potential after Q1 of 2002.

That’s all, folks. Please note that I am just a “mortal” human being who is capable of wrong analysis and all of this is just MHO. Use for entertainment value only. If you use this Board for investment decision, you will be punished to live with the basher gang (Floydie, Pit, OC and Frisky) for a week. Ok, maybe just a few hours. God should not be that cruel.

gruß
THC

[tetrahydrocannabinol]

ElephantTalk, a Hartcourt Subsidiary, Forms Partnership With JiTong; ET to Resell JiTong PRC IPLC/I-phone/I-fax Service Under Co-Brands Worldwide
LOS ANGELES, Oct. 8 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT 900009), www.hartcourt.com, announced today that ElephantTalk, its telecom subsidiary, has entered into a reseller agreement with JiTong Network Communications Company Limited (``JiTong``) to provide a variety of IP-based telecom services. JiTong is one of the five government-owned telecom giants in China with their own communication infrastructure. It is the famous owner and operator of the Golden Bridge fiber optics and Internet services. Both companies will jointly develop and market new brands of IP telephony solutions in major countries worldwide.

Under the terms of agreement, ElephantTalk will interconnect its global point-of-presence (POPs) with JiTong`s network. ElephantTalk will market and resell JiTong`s IP-based services including I-phone and I-fax services, while JiTong will be responsible for service provisioning, technical support and after-sales services to customers. The agreement signifies the beginning of close, long-term, working partnership between the two companies.

``This is a perfect opportunity for both companies to expand their networks globally by sharing their resources, especially services to the commercial sector,`` said Mr. Russelle Choi, CEO of ElephantTalk. ``To meet the projected exponential growth of demand for IP-based services after China`s access to WTO, we will be providing and delivering, on time, innovative, branded technology solutions for IP telecommunications.``

``The combined force of the two company`s technologies will help deliver IP-based network and telecommunication services to business enterprises in the most efficient way possible, minimizing service latency and delivering best links to end-users,`` continued Mr. Choi, who added the fusion of expertise will enhance both companies` competitiveness in the global market while establishing them as leaders in China`s IP services market.

On September 25, Hartcourt announced that it will publicly divest its ElephantTalk (ET) subsidiary in a reverse merger with Staruni Corp. (OTC Bulletin Board: SRUN - news). The reverse merger will result in ElephantTalk actively trading on the U.S. equity markets. After all necessary approvals, Staruni`s ticker and name will change to become ElephantTalk. Hartcourt targets the completion of all the merger requirements during the fourth quarter and will maintain a majority interest in the new public company.

About Elephant Talk Ltd

ElephantTalk, a licensed ISR carrier (including US FCC 214, HK ETS and ISP PNETS allowing it to provide voice, data transmission such as IDD, pre-paid calling card and ISP services), commenced operations in 1995. Its customers include major telecom carriers in the U.S. including AT&T, Cignal Global, Frontier, and MCI WorldCom; and Hong Kong`s 1st-tier carriers New World Telephone, New T&T, and WorldCom Asia Pacific. More information on Elephant Talk could be founded at www.elephanttalk.com.

About JiTong Network Communication Co, Ltd.

Designed primarily to serve the finance and economy sectors, JiTong`s dedicated broadband communication network covers 80 cities nationwide with 80 nodes and 18 international that connect to the Internet backbones of China Telecom, AT&T, Global One and MCI among others, with a total bandwidth capacity of 91Mbps. Its services and solutions include Internet access (the 167 connection), data transmission, web hosting, internet data centers, virtual private networks, VPND, E-commerce solutions, Internet Global Roaming etc ... Additional information on JiTong could be founded at www.jitong.com.

About Hartcourt

The Hartcourt Companies is a holding and development enterprise that has built a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt`s operative business strategy is designed to facilitate a series of venture spin-offs via IPO or public merger to fully realize the value of these assets for its investors. Detailed information on Hartcourt can be obtained via the company`s web site: www.hartcourt.com.

Forward-looking statements

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including, but not limited to, factors detailed in Hartcourt`s filings with the Securities and Exchange Commission including recent filings of Forms 10-K and 10-Q. The forward-looking statements should be considered in light of these risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Hartcourt undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by Hartcourt or any other person that the events or circumstances described in such statement are material.

For further information, please contact Mr. Manu Ohri of The Hartcourt Companies, Inc., [phone], ext. 207.

SOURCE: The Hartcourt Companies, Inc.


gruß
THC

[tetrahydrocannabinol]

Posted by: Tin-Berrygood In reply to: None
Date: 10/8/2001 4:07:17 PM Post # of 3693

JiTong Network Communications Company Limited ("JiTong") is a leading full-service integrated data communications service provider in China, and one of China`s five network service providers. It leverages its continuously expanding multi-services broadband network to provide an increasingly useful and varied portfolio of services that add value for its target customers ? high margin corporate and government institutions in China.

Commencing in 1994, JiTong`s parent company was selected by the State to build China`s prestigious Golden Bridge Project, an element of China`s national public information network. Golden Bridge went operational in [1995] .

Today, JiTong`s broadband network is currently one of two full-scale data networks competing at the national level, among only five network service providers licensed by the State.

JiTong`s versatile, quality network has a proven capability to provide reliable high sped transmission of broadband data and voice traffic, and its performance is backed by 24x7 technical monitoring and customer support.

Its backbone hubs, regional hubs and city points of presence allow customers from small and medium enterprises, large Chinese corporations and foreign multinationals to access the Internet by connecting to its network in 60 cities in China. This capability will be extended to a further 180 cities by the end of 2002, thus providing reliable service throughout China. Connections are available through international gateways to several major overseas and global networks

JiTong offers convenient Internet access, including Internet global roaming. It also offers a range of web based services and solutions to its customers. In [March] 2000, it was awarded a nation-wide Internet protocol telephony license, and in the following month launched its frame relay service. This range of services is being aggressively expanded.

JiTong has built a strong brand. Its highly targeted corporate customer base includes major media corporations, local Internet service providers, major Chinese corporations, multinationals, key Government ministries.

JiTong has an energetic and experienced management team with a proven track record efficient internal and reporting structures, and a dynamic sales and marketing team.

In 1998, the annual revenue growth rate was 168.88%, and 295.33% in 1999.

JiTong is the first company in China to focus solely on data communications and closely data related services and solutions. It is thus excellently poised to benefit from China`s:

strong GDP growth
entry to the WTO
rapidly growing demand for data communications


Strengths of Satellite Business Satellite business, a key part of ChinaGBN, enables JiTong to compete with other operators in communications market. Great numbers of corporate clients give the priority to satellite networks because of its strengths, such as quick station-building cycle, a variety of multi-service private networks, limitless for geography factors, etc.

ChinaGBN`s satellite communication network covers throughout China with hundreds of remote stations. Total bandwidth has exceeded 100Mbps. ChinaGBN can provide the basic services including Internet access, frame relay and IP-phone. JiTong has built lots of multi-service private networks with the convergence of data communications, video conferencing, remote education /medical treatment and high-speed multicasting, etc.

China GBN satellite network is the largest national satellite network. Our main clients include national ministries, governmental agencies, large or medium-sized enterprises, ISPs and ICPs, covering almost every province and provincial cities. We`ve placed over 1000 VSAT stations in China(not including remote one-way station). Apart from the satellite leased-line clients, JiTong has also developed some private network clients, such as distance-learning networks of central party school, sales network for Shanghai general auto sales company, etc.

gruß
THC

[tetrahydrocannabinol]

JiTong partner gets backdoor listing in US
(2001/10/10)(Agencies)



US-based VoIP start-up ElephantTalk and Chinese fixed-line operator JiTong have entered into a global deal to market IP telephony services under the JiTong brand.


Under the deal, JiTong, one of seven licensed telecoms operators in China, will take over ElephantTalk`s global network of POPs while ElephantTalk will become a reseller and marketer of services for JiTong, who will be responsible for provisioning, technical support and after-sales services.


No financial details have been released. It is also unclear whether JiTong owns shares in ElephantTalk.


ElephantTalk`s parent, Hartcourt Companies, has confirmed ElephantTalk had entered into a reverse merger with Staruni Corp, a company traded on the OTC board. The move will result in ElephantTalk actively trading on the US equity markets.


"After all necessary approvals, Staruni`s ticker and name will change to become ElephantTalk," Hartcourt said in a statement. "Hartcourt targets the completion of all the merger requirements during the fourth quarter and will maintain a majority interest in the new public company."


http://search.chinadaily.com.cn/itchina/2001-10-10/37589.htm…

gruß
THC

[tetrahydrocannabinol]

noch was:

By: LUCKY5IVE $$$$ Reply To: 163791 by cjp01 $$$$
Thursday, 11 Oct 2001 at 1:36 AM EDT Post # of 163799


CJP..The following first paragraph is from your link..
The second paragraph is from ETNS`s website..ETNS and ET
are owned by the same stockholders in China..It`s a
possibility we will see a little more of Jitong after ET
is listed on our market..Just a thought..

"A backbone optic fibre telecom network is what Jitong urgently needs and it is the first project it will invest in after it gets money from the investors," said Jing Linbo, a researcher at the Chinese Academy of Social Sciences.

ETNS has acquired an 30,000km long optical fiber backbone network in China, and is expanding the global coverage of its network. ETNS develops a next generation, strategically located, fault-tolerant facilities - Internet eXchange Centre (IXC) for networks and facilities outsourcing. We now have IXCs in Hong Kong, Shenzhen, Guangzhou, Suzhou, Shanghai, Beijing, Taiwan, Singapore and the US.

Nachtigall ich hör dir trappsen....

gruß
THC

[tetrahydrocannabinol]

(PR NEWSWIRE) AI-Asia Inc., a Hartcourt Subsidiary, Purchases 100 Percent Of
AI-Asia Inc., a Hartcourt Subsidiary, Purchases 100 Percent Of Renew Logistics
Ltd. (RL)

RL Has an Exclusive Cross-Marketing Agreement With Toy-R-Us Asia for Its
Game and Educational Portal

LOS ANGELES, Oct. 15 /PRNewswire/ -- The Hartcourt Companies Inc.
(OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com, today announced
that AI-Asia Inc., its wholly-owned subsidiary, has purchased 100 percent of
Renew Logistics Ltd. (RL). RL operates a cyber-related game and educational
portal service to children and families, www.abc222.com, in Asia. RL has a
6-year exclusive marketing agreement with Toy-R-Us Asia Ltd.
Toys-R-Us Asia Ltd. is a joint venture between Li & Fung Company, a major
manufacturing, trading and marketing conglomerate in Hong Kong, and Toys-R-Us
(NYSE: TOY), the famous international brand-name retailer of toys and games.
Toys-R-Us Asia currently owns and operates 26 retailers in Hong Kong, Macau,
Singapore, Malaysia and Indonesia, and is planning a major expansion into
China next year.
RL will issue coupons for merchandise and services provided on its portal.
These coupons can then be redeemed at all Toy-R-Us outlets in Asia for
merchandise of equal value. Similarly, Toy-R-Us will issue coupons to its
customers to access, purchase content and products on RL`s portal. The two
companies would then exchange and redeem the coupons. RL is also provided
kiosk space in Toys-R-Us stores for sales and marketing of RL`s portal.
The agreement also provides the rights for Renew Logistics to provide on-
line fee based education/entertainment service under the brand name Toys-R-Us,
the sale of cyber products like computers, scanners, digital cameras, etc.,
and the right of first refusal to provide internet service for Toys-R-Us Asia.
RL will look to develop additional revenues with B to B content provider
agreements, through web site entry fees, advertising agreements with
manufacturers, and agreements with other cyber product / service providers for
ventures and partnerships.
The two companies successfully completed a trial run in February 2001 and
plan to launch a full-scale operation in time for the Holiday buying season.
StreamingAsia, another Hartcourt subsidiary, has been contracted to build a
new super portal for RL.
Dr. S. W. Cheung, CEO of RL, comments, "Our business model had tremendous
appeal to the youngsters. During the trial run, we generated revenue and
profit beyond our projections. We are looking forward to the official launch
of our operation and developing our relationship with Toys-R-Us Asia."

About Hartcourt
The Hartcourt Companies is a holding and development enterprise that has
built a broad network of internet, media, and telecommunication companies in
Greater China. In partnership with leading Chinese entrepreneurs and
government-sponsored entities, Hartcourt is developing and investing in
emerging technologies while building an integrated commercial framework for
its subsidiaries and their partners. Hartcourt`s operative business strategy
is designed to facilitate a series of venture divestitures via IPO or public
merger to fully realize the value of these assets for its investors. Detailed
information on Hartcourt can be obtained via the company`s Web site,
www.hartcourt.com.

About AI-Asia
AI-Asia Inc. is a holding company created by Hartcourt to acquire assets and
companies in the multi-media technology and services sector. Its objective is
to identify, develop, and maintain first-mover technologies, products and
services for corporate and consumer internet deployment. AI-Asia plans to
provide its clientele with a comprehensive range of internet enabling
solutions, preparing them to participate in the rapidly emerging streaming and
broadband communications revolution in Greater China.

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.

MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X22287464

SOURCE Hartcourt Companies, Inc.
-0- 10/15/2001
/CONTACT: Manu Ohri, CFO of Hartcourt Companies, Inc., [phone]
ext. 207/
/Web site: http://www.abc222.com /
/Web site: http://www.hartcourt.com /
(HRCT TOY)

CO: Hartcourt Companies, Inc.; Toys-R-Us; Toys-R-Us Asia Ltd.;
AI-Asia Inc.; Renew Logistics Ltd.; Li & Fung Company
ST: California, Singapore, Malaysia, Indonesia, China
IN: CPR FIN TLS MLM ITE OTC REA
SU: TNM

*** end of story ***


...und weiter gehts!!

gruß
THC

[Jompahban]

Unser Baby entwickelt sich ja ganz prächtig in den letzten Tagen. Die Umsätze steigen, die Kurse auch. In Deutschland sind zur Zeit die Umsätze höher als in den USA. Jetzt kriegen die Shorties eins auf die Mütze und müssen sich eindecken. Die Rakete zündet langsam wieder. Also kein Stück aus der Hand geben. Mein Kursziel: 1 EUR bis Jahresende.

[tetrahydrocannabinol]

....und das ist erst der Anfang!!

[sizilianer]

ich denke auch, der anstieg der letzten tage könnte bestand haben und sich kontinuierlich fortsetzen. vielleicht sind wir ja endlich an dem punkt angekommen, an dem hrct vom reinen otc-spekulationsobjekt zur ernsthafen anlage wird - zeit wirds.

[tetrahydrocannabinol]

AI-Asia Inc., a Hartcourt Subsidiary, Purchases 100 Percent Of Renew Logistics Ltd. (RL)

RL Has an Exclusive Cross-Marketing Agreement With Toy-R-Us Asia for Its Game and Educational Portal

Los Angeles, CA. 10/15/01 -- The Hartcourt Companies Inc. (OTC: HRCT; Frankfurt: HCT 900009), www.hartcourt.com, today announced that AI-Asia Inc., its wholly-owned subsidiary, has purchased 100 percent of Renew Logistics Ltd. (RL). RL operates a cyber-related game and educational portal service to children and families, www.abc222.com, in Asia. RL has a 6-year exclusive marketing agreement with Toy-R-Us Asia Ltd.

Toys-R-Us Asia Ltd. is a joint venture between Li & Fung Company, a major manufacturing, trading and marketing conglomerate in Hong Kong, and Toys-R-Us (NYSE: TOY - news), the famous international brand-name retailer of toys and games. Toys-R-Us Asia currently owns and operates 26 retailers in Hong Kong, Macau, Singapore, Malaysia and Indonesia, and is planning a major expansion into China next year.

RL will issue coupons for merchandise and services provided on its portal. These coupons can then be redeemed at all Toy-R-Us outlets in Asia for merchandise of equal value. Similarly, Toy-R-Us will issue coupons to its customers to access, purchase content and products on RL`s portal. The two companies would then exchange and redeem the coupons. RL is also provided kiosk space in Toys-R-Us stores for sales and marketing of RL`s portal.

The agreement also provides the rights for Renew Logistics to provide on- line fee based education/entertainment service under the brand name Toys-R-Us, the sale of cyber products like computers, scanners, digital cameras, etc., and the right of first refusal to provide internet service for Toys-R-Us Asia.

RL will look to develop additional revenues with B to B content provider agreements, through web site entry fees, advertising agreements with manufacturers, and agreements with other cyber product / service providers for ventures and partnerships.

The two companies successfully completed a trial run in February 2001 and plan to launch a full-scale operation in time for the Holiday buying season. StreamingAsia, another Hartcourt subsidiary, has been contracted to build a new super portal for RL.

Dr. S. W. Cheung, CEO of RL, comments, "Our business model had tremendous appeal to the youngsters. During the trial run, we generated revenue and profit beyond our projections. We are looking forward to the official launch of our operation and developing our relationship with Toys-R-Us Asia."

About Hartcourt

The Hartcourt Companies is a holding and development enterprise that has built a broad network of internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt`s operative business strategy is designed to facilitate a series of venture divestitures via IPO or public merger to fully realize the value of these assets for its investors. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

About AI-Asia

AI-Asia Inc. is a holding company created by Hartcourt to acquire assets and companies in the multi-media technology and services sector. Its objective is to identify, develop, and maintain first-mover technologies, products and services for corporate and consumer internet deployment. AI-Asia plans to provide its clientele with a comprehensive range of internet enabling solutions, preparing them to participate in the rapidly emerging streaming and broadband communications revolution in Greater China.


Forward-looking statements

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including, but not limited to, factors detailed in Hartcourt`s filings with the Securities and Exchange Commission including recent filings of Forms 10-K and 10-Q.
The forward-looking statements should be considered in light of these risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Hartcourt undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by Hartcourt or any other person that the events or circumstances described in such statement are material.


...weiter gehts!!

gruß
THC

[tetrahydrocannabinol]

By: hrctweb $$$$ Reply To: 164983 by jointhefun $$$$ Friday, 19 Oct 2001 at 2:35 PM EDT Post # of 165014


Question 3: Hi Jointhefun, SinoBull is Ranked #1 for non-institution affiliated financial websites by the China Securities Times. Overall, SinoBull.com.cn was ranked 4th. Financial Institutions are considered to be brokerages, banks, insurance companies, etc.

Overall Rankings by China Securities Times (China`s official news source for China`s Banking and Financial Industry):

1. HuaTai Securities (www.htsc.com.cn)
2. InDollar (www.indollar.com) A joint venture by Netease and several prominent partners (banking and brokerage). The JV is based in Shenzhen.
3. Sun Securities (www.sunsc.com.cn)
4. SinoBull Financial (www.sinobull.com.cn)
5. ChinaEagle (www.chinaeagle.com)
6. www.my0578.com.cn
7. StockStar (www.stockstart.com.cn) Financial Information/Services provider -- a competitor on some levels
8. Homeway (www.homeway.com.cn) News/Information Provider

We were happy to see us ranked higher than Homeway and StarStock, which are a good point of reference for many US investors. China Securities Times ranked many companies over several categories. All totalled, I would estimate probably a hundred companies or so were considered over various categories in the Financial and Banking industries. I don`t know how many were considered in the financial website category, but basically they listed the top rankings in each category. I would consider this similar as any such list on a Wall Street Journal article.

Hrctweb
[e-mail]
Webmaster of The Hartcourt Companies

[tetrahydrocannabinol]

By: hrctweb $$$$
Reply To: 164986 by daddycool100 $$$$ Friday, 19 Oct 2001 at 2:44 PM EDT
Post # of 165020


Question 4: Hi Daddycool100, more information will be available on StarUni, GTCI and AI-Asia after they are formally completed. In general, the information will still come from Hartcourt in the US. In Hong Kong and Mainland China, those companies will be handling their own logistics of the transition phase. I suspect also, the name and symbol of StarUni and GTCI will be changed to reflect an easier recognition of products and services, but that paperwork also takes time. As each company make new accomplishments, strategic partnerships and acquire notable customers, Hartcourt would also continue to announce them, so news not related to the mergers will still be announced.

Hrctweb
[e-mail]
Webmaster of The Hartcourt Companies

[tetrahydrocannabinol]

By: hrctweb $$$$
Reply To: 164976 by uis_aol_money $$$ Friday, 19 Oct 2001 at 1:56 PM EDT
Post # of 165024


Question 1: Hi Uis_Aol_Money,

Well, let`s put it this way, China`s entrance to the WTO is a very comforting situation for US companies and corporate investors. WTO acceptance also means a greater potential of ROI (Return On Investment), in a shorter period of time. Lots of US capital has been on the fence waiting for this event. While I cannot speak for those entities we have been in negotiation with these past 12 months that put projects on hold, in the next 12 months we will be able to see how those projects go forward.

Hrctweb
[e-mail]
Webmaster of The Hartcourt Companies

[tetrahydrocannabinol]

By: hrctweb $$$$
Reply To: 164978 by time_and_money2 $$$$ Friday, 19 Oct 2001 at 2:05 PM EDT
Post # of 165024


Question 2: Hi Time_and_Money2,

I`m assuming you mean the merger of Hartcourt assets into StarUni (ElephantTalk) and GTCI (SinoBull). Both mergers have been formally announced, but the companies involved are handling the logistical transitions and necessary paperwork. I anticipate the mergers should be completed around the end of the year. After the completion of the mergers and the logistical transition phase, I anticipate Hartcourt hiring PR firms to promote products, services and reinforce name recognition.

Hrctweb
[e-mail]
Webmaster of The Hartcourt Companies

[tetrahydrocannabinol]

By: hrctweb $$$$
Reply To: 164992 by OCErnie Friday, 19 Oct 2001 at 3:04 PM EDT
Post # of 165026


Question5: Hi EZ, the official registration of most SinoBull, StreamingAsia and ElephantTalk websites were registered by their original company. Hartcourt has made purchase of those companies and merged them into Hartcourt operations in Greater China, but the registered names are still under that chain of ownership. Even many parts of the various companies were companies created by various members of their management for various transfer of ownership reasons (circumventing foreign ownership restrictions by the Chinese government), tax reasons, and/or ownership/control reasons.

My apologies, I`m not part of the accounting side of Hartcourt and don`t know all the details of the 10Q`s and 10K`s. As I understand, many financial accounting of Mainland China assets are not listed on our books for various reasons, some dealing with percentage ownership required,etc as Hartcourt may own. (For example, parts of 5 entities, which own a Chinese company; Hartcourt`s ownership in those entities could total a 33% or 50% stake overall, but it is not clearly defined, so as to allow greater foreign ownership in Chinese entities.)

As for SinoBull.com.cn it is a creation of the Guo Mao group in Shanghai and overall is profitable as a company. Guo Mao if you recall, is the leader in providing Research and Market data to China`s Commodities and Precious Metals Market. WindInfo is the leader in providing Research and Market data to China`s stock markets. Reteurs chose to partner with Guo Mao as their main China outlet of their MetaStock product line, with Guo Mao handling the coversion to the Chinese markets. Both Guo Mao and WindInfo also were awarded The Best New Company in Shanghai (1999, 2000) by the Mayor of Shanghai. For those who may not realize, Shanghai is the financial center of China, and where President Bush is meeting China`s Head of State Jiang Zemin these few days. Jiang Zemin is also a former mayor of Shanghai.

As for SinoBull.com.cn, being rated above StockStar and Homeway is an impressive achievement. Our plan is to encourage its growth and popularity, leveraging these assets with our strategic partners to gain overall revenues and profits for the whole Hartcourt product and services structure.

Hrctweb
[e-mail]
Webmaster of The Hartcourt Companies

[tetrahydrocannabinol]

By: hrctweb $$$$
Reply To: 165000 by TIN~berrygood $$$$ Friday, 19 Oct 2001 at 3:27 PM EDT
Post # of 165036


Question 7: Hi TIN~berrygood, ElephantTalk and JiTong have signed an agreement planned and designed for a long term relationship both expect to be profitable. As to whether JiTong plans to take a stake in ElephantTalk, I cannot comment or speculate. In the next few years after China enters the WTO, restrictions on both foreign company entering China and Chinese government companies investing abroad, will both be relaxed. The agreement between ET and JiTong, could be a platform for further relationships between Hartcourt entities and JiTong.

Hrctweb
[e-mail]
Webmaster of The Hartcourt Companies

[tetrahydrocannabinol]

By: hrctweb $$$$
Reply To: 165032 by dumbcriminals Friday, 19 Oct 2001 at 3:34 PM EDT
Post # of 165042


Question 8: Dumbcriminals has posted FALSE information. SinoBull.com is a website under the Hartcourt corporate structure. Go to http://www.sinobull.com and you will see the logo for SinoBull and a reference to Financial Telecom, another Hartcourt entity, as well as other information relating to SinoBull and Hartcourt. www.SinoBull.com.cn is the main portal for Guo Mao`s Commodities, Precious Metals and China Stock Market research information and market data. www.fx168.com is Hartcourt`s website for Guo Mao`s partnership with the China Bank of Communications of FX exchange.

Hrctweb
[e-mail]
Webmaster of The Hartcourt Companies

[tetrahydrocannabinol]

Question 9: Dumbcriminals has posted more FALSE information. The domain P5W.NET is property of China Securities Times. I`m certain the China Government would be very interested to hear that you are trying to sell Mainland China assets.

Registrant:
Shenzhen Panorama Network Co.,Ltd (P5W2-DOM)
20fl.,zhong yin
building, no.5015, caitian road, futian dist.
shenzhen, guangdong 518026 CN


Hrctweb
[e-mail]
Webmaster of The Hartcourt Companies



Question 10: Hi LUCKY5IVE. Thank you for your sentiments. I received your email and will respond to it. As for the E-Education, the facilities were changed to meet the new requirements for the incoming students. Members from Cal St. Fullerton have been to Beijing a few times, but I`m not currently upto date on progress of classes and the new facilities yet. I`ll check with Beijing and see how things are going. I`m still more directed towards our US Distance Learning solutions.

Hrctweb
[e-mail]
Webmaster of The Hartcourt Companies

[tetrahydrocannabinol]

By: hotsearch $$$$ Reply To: 165130 by hotsearch $$$$
Saturday, 20 Oct 2001 at 6:34 PM EDT Post # of 165142


The last 2 weeks were good for HRCT share price. However, the MM shorters and their paid bashers are still around to find opportunities for naked shorting. In the long run, however, Hartcourt is as solid as any company can be. Here are the fundamentals:
1. Sustained revenue of at least $3.5 Million in Q3 and $4.0 Million in Q4.
2. Solid assets in all 11 operating companies.
3. Strong partnerships with well-known multi-nationals. 20 at last count.
4. Great market position in the sectors it is in.
5. China is still the fastest growing economy in the world, recession and terrorism not withstanding. Bush in Shanghai to affirm American economic partnership after WTO.
6. Management team is honest, dedicated and focused.
7. The spin-off of ET, SB and AI into separate public comapnies with very small floats will create a better perception on market value.
Just IMHO, but who can dispute these facts. In two years, my HRCT shares will look much better than ever.
Investing in fundamentals is still the surest strategy.


dem ist nix hinzu zu fügen...

gruß
THC

[tetrahydrocannabinol]

Frankfurt + 9,09%
OTC + 19,44%

...und weiter gehts!!!!

[tetrahydrocannabinol]

Frankfurt + 25,00%
OTC + 33,33%

[projektionsmatrix]

OTC + 50%, einer geht noch....

[tetrahydrocannabinol]

frankfurt + 34.09% / Volume 162.613
OTC + 41.67 % / Volume 552.000

....da geht noch was!

[tetrahydrocannabinol]

VectorVest Stock Analysis of Hartcourt Cos


Thank you for requesting an analysis of Hartcourt Cos from VectorVest. The ticker symbol for Hartcourt Cos is HRCT. HRCT is traded on the Bulletin Board.

PRICE: HRCT closed on 10/19/2001 at $0.36 per share.

VALUE: HRCT has a Value of $0.26 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock`s Price and Value always converge.

RV (Relative Value): HRCT has an RV of 0.66. On a scale of 0.00 to 2.00, an RV of 0.66 is poor. RV reflects the long-term price appreciation potential of the stock compared to an alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00 when its Value is greater than Price, and its Relative Safety (see below) and forecasted earnings growth rate are above average. In some cases, however, a stock`s RV will be above 1.00 even though its Value is well below Price. This happens when a stock has an exemplary record of financial performance and an above average earnings growth rate. In this case, the stock is currently selling at a premium, and the investor is banking on future earnings growth to drive the stock`s price higher. This information is very useful not only in knowing whether or not a stock has favorable price appreciation potential, but it also solves the riddle of whether to buy high growth, high P/E, or low growth, low P/E stocks. We believe that RV ratings above 1.00 are required to consistently achieve above average capital gains in the stock market.

RS (Relative Safety): HRCT has an RS rating of 0.73. On a scale of 0.00 to 2.00, an RS of 0.73 is poor. VectorVest looks at safety from the viewpoint of an equity investor (one who is buying stock of a company) rather than that of a purchaser of debt (one who is lending money to the company). From this perspective, consistency of financial and operating performance, stock price appreciation history, and price volatility are the key factors used in the evaluation of Relative Safety (RS). Debt to equity ratio, capitalization, sales volume, business longevity and other factors are also considered, but to a lesser degree.
VectorVest favors steady, predictable performers. All stocks are rated on a scale of 0.00 to 2.00. A stock with an RS greater than 1.00 is safer and more predictable than the average of all stocks. A stock with an RS less than 1.00 is less predictable and riskier than the average stock.


RT (Relative Timing): HRCT has an RT rating of 1.85. On a scale of 0.00 to 2.00, an RT of 1.85 is excellent. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock`s price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock`s Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low and dive from a Price high.
All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock`s Price is in an uptrend. Below 1.00, the stock`s Price is in a downtrend.


VST-Vector (VST): HRCT has a VST-Vector rating of 1.27. On a scale of 0.00 to 2.00, an VST of 1.27 is very good. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or stocks with low RV and RS values have high RT`s. How can we find the stocks with the best combinations of Value, Safety, and Timing?
The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones to own for above average capital application.


GRT (Growth Rate): HRCT has a GRT of -9 % per year. This is very poor. GRT stands for forecasted Earnings Growth Rate in percent per year. GRT is updated each week for every stock. Watch GRT trends very carefully. If the GRT trend is up, the stock`s Price will likely rise. If the GRT trend is down, the stock`s Price will increase more slowly, cease to increase, or subsequently fall.

Recommendation (REC): HRCT has a Hold recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks which are rising in price, and to avoid or sell risky, overvalued stocks which are falling in price.
VectorVest is tuned to give an "H" or "B" signal when a stock`s price is approximately 10% above a recent low, and an "S" signal when the stock`s price is approximately 10% below a recent high. High RV, RS stocks are favored toward receiving "B" REC`s, and sheltered from receiving "S" RECs.


STOP-PRICE: HRCT has a Stop-Price of 0.27 per share. This is 0.09 or 25.0 % below its current closing Price. VectorVest analyzes over 7,400 stocks each day for Value, Safety and Timing, and calculates a Stop-Price for each stock. These Stop-Prices are based upon 13 week moving averages of closing prices, and are fine-tuned according to each stock`s fundamentals.
In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its Stop-Price, and an "S" recommendation if its price is below its Stop-Price.


DIV (Dividend): HRCT does not pay a dividend. VectorVest focuses on annual, regular, cash dividends indicated by the most recent disbursement. Special distributions, one-time payments, stock dividends, etc., generally are not included in Dividend (DIV).

DY (Dividend Yield): HRCT has a DY of 0 percent. This is below the current market average of 1.1 %. DY equals 100 x (DIV/PRICE), and is expressed as a percentage.

EY (Earnings Yield): HRCT has an EY of -99%. This is below the current market average of 3.83%. EY equals 100 x (EARNINGS PER SHARE/PRICE), and is expressed as a percentage.

EPS (Earnings Per Share): HRCT has an EPS of $-0.36 per share. EPS stands for leading 12 months Earnings Per Share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.

P/E (Price to Earnings Ratio): HRCT has a P/E ratio of -1. This ratio is computed daily based upon Price and EPS. P/E = Price/EPS.

GPE (Growth to P/E Ratio): HRCT has a GPE of -8.91. This ratio suggests that HRCT is overvalued. Growth to P/E ratio is a popular measure of stock valuation which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is considered to be undervalued when GPE is greater than 1.00, and vice-versa. VectorVest believes that RV is a much better indicator of long-term value. The RV of 0.66 for HRCT is poor.

DS (Dividend Safety): HRCT has a DS of 0. On a scale of 0 to 99, a DS of 0 is poor. DS is defined as the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. Stocks with DS values above 50 on a scale of 0 to 99 are above average in safety.

RISK (Dividend Risk): HRCT does not pay a dividend. All stocks in the VectorVest system that pay dividends are classified as having Low, Medium or High Dividend Risk (RISK). Stocks with DS values above 50 are above average in safety. These stocks are classified as having LOW or MEDIUM RISK. Stocks with DS values below 50 are below average in safety and are classified as having HIGH Risk.

DG (Dividend Growth): HRCT has a DG of 0 percent per year. Dividend Growth is a subtle yet important indicator of a company`s historical financial performance and the board`s current outlook on the future use of funds.

YSG-VECTOR (Yield-Safety-Growth Vector): HRCT has a YSG-Vector of 0. On a scale of 0.00 to 2.00, a YSG-Vector rating of 0 is very poor. VectorVest combines Dividend YIELD, SAFETY and GROWTH into a single parameter. YSG-Vector allows direct comparison of all dividend paying stocks. Stocks with the highest YSG-Vector values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.

VOL(100)s: HRCT traded 377200 shares on 10/19/2001.

AVG VOL(100)s: HRCT has an Average Volume of 170500. Average Volume is 50 day moving average of daily volume as computed by VectorVest.


% VOL: HRCT had a Volume change of 121.3% from its 50 day moving average volume.

OPEN: HRCT opened trading at $0.29 per share on 10/19/2001.

HIGH: HRCT traded at a high of $0.38 per share on 10/19/2001.

LOW: HRCT traded at a low of $0.28 per share on 10/19/2001.

CLOSE: HRCT Closed trading at $0.36 per share on 10/19/2001.

% PRC: HRCT showed a Price change of 26.3% from the prior day`s closing price.

INDUSTRY: HRCT has been assigned to the Internet (Svc Provider) Group. VectorVest classifies stocks into over 190 Industry Groups and 50 Business Sectors.

HRCT has well below average safety with well below average upside potential. It reflects a stock which is likely to give well below average, inconsistent returns over the long term.

The basic strategy of VectorVest is to buy low risk, high reward stocks. We suggest that Prudent investors buy enough high Relative Value, high Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you`ll find that your risk will go down and your investment performance will improve. Not a bad combination. Thank you for your interest in VectorVest.

gruß
THC

[Doc17]

Hört doch endlich mit der VectorVest-Scheisse bei Small-Caps auf. Das haben wir hier doch schon vor Jahren ausdiskutiert.
Vergesst doch einfach VectorVest für Hartcourt!

Gruß

Doc17

[tetrahydrocannabinol]

Habe VectorVest erst vorhin "entdeckt", hört sich doch nich schlecht an.....:

"The key to intelligent investing lies in knowing what your stocks are really worth, how safe they are and when to buy, sell or hold. VectorVest advocates buying safe, undervalued stocks rising in price."

Was giebts über diesen Club zu berichten?

gruß
THC

[tetrahydrocannabinol]

Frankfurt +34.55% / Vol. 270.772

Ich freu mich!!

[Abgehter]

im moment sind ja alle nur am freuen. und alle nur mit dicken gewinnen bei der aktie.
na dann bin ich wohl der einzige der bei 1,20 und später
bei 0,67 nachgekauft hat.
bin halt long, genau wie china !!!!!!!!!!

[tetrahydrocannabinol]

Press Release
SOURCE: The Hartcourt Companies, Inc.
Sinobull, a Hartcourt Subsidiary, Publishes Daily Newsletters on Currencies And Metals for Chinese Investors
Ton Bo Software Launches the Popular `WGMA INT Version` of Financial Analysis System For Professional Investors
LOS ANGELES, Oct. 24 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC: HRCT, Frankfurt: HCT), www.hartcourt.com, announced today that its Shanghai subsidiary, Sinobull Information Company, has published 2 daily newsletters called the FX168 and the Metals Report to serve over 8,000 institutional and individual investors.

The daily newsletters provide real time quotes, news, indicators, charts, comments and expert analysis of all data and information related to metals and global currency markets. The newsletters are sent electronically via terminals, Emails or faxes on a subscription based revenue model. They have become a ``must have`` for Chinese investors in these markets.

Additionally, Ton Bo Software, a Sinobull subsidiary, has successfully launched the ``WGMA INT`` financial analysis software system designed for professional investors in stocks, commodities and currencies. The system allows investors to plot charts and analyze the significance of any indicators of price movement. In addition, ``WGMA INT`` manages accounts and portfolios, and performs accounting tasks, providing clients a comprehensive program to manage their investments.

As China enters WTO, Sinobull Financial Group continues to develop its position as a premier financial information and services provider for leading institutions and investors. Building on its recently signed joint venture agreement with China`s Bank of Communications to develop a variety of financial products for the FX (foreign exchange) trading market, and its strategic partnership with Equis International, a wholly owned subsidiary of Reuters Group to localize Equis` award winning MetaStock family of products and market them to investors in Greater China.

Mr. Jiang Tai, President of Sinobull Information, comments, ``Our commitment to provide our customers with the most comprehensive tools to enhance their investing capabilities has been proven again with these two new products. The FX market alone has significant potential, as China`s foreign exchange reserves exceeded US$165.57 billion at the end of 2000. Globally, approximately $1.5 trillion of foreign exchange is traded daily.

The value of proprietary information and cutting edge financial analysis software is even greater in an uncertain market. The best way of maintaining your competitive edge is to move faster and be better informed than your competition. Sinobull continues to strengthen and expand its products and services for China`s financial institutions, corporations and professional investors.

On 2 October 2001, Hartcourt announced that it will publicly divest its Sinobull Financial Group subsidiary in a reverse merger with Global Telephone Communications Inc. The reverse merger will result in Sinobull Financial Group actively trading on the U.S. equity markets. After all necessary approvals, GTCI`s ticker and name will change to become Sinobull. Hartcourt targets the completion of all the merger requirements during the fourth quarter and will maintain a majority interest in the new public company.

For details on Sinobull Financial Group, please visit, www.sinobullfinancial.com.


gruß
THC

[tetrahydrocannabinol]

By: hotsearch $$$$ Reply To: 163084 by hotsearch $$$$
Thursday, 25 Oct 2001 at 8:11 AM EDT Post # of 166058


WHAT EFFECT WILL THE REVERSE MERGERS HAVE ON HRCT OPERATION?

1. Since the reverse process will take about 2 months to complete, I don’t think the closing date of the transaction will be earlier than 12/31/01. It means that HRCT will continue to report revenue and earning of ET, SB, AI in Q4. Nothing will happen until Q1 of 2002.
2. The effect on management is NONE. Each division (ET, SB, AI) is being run by independent management groups and they will continue to do so when these entities become independent. Since the same management team will run the same business model in the same market, there will be NONE other effect on the operations.
3. I think Dr. Phan will resign after the completion of the spin-off; but there should not be any adverse effect. He is not running these operations these days; and his financial engineering job is pretty much over.
4. However, after Q1 of 2002, these entities will have their own shares to play with. It means that they can go out and raise financing on their own; use their public shares to acquire other companies; or seek their own listing in other stock exchanges.
5. One benefit Sinobull might have is that GTCI has an E-mail platform of 200,000 members. They can utilize this base to build some marketing programs. GTCI also have a few joint ventures with China Telecom, which they can transfer to Elephant Talk.
6. Somebody was disappointed that ET or SB mergers were not with a giant like AT&T or Reuters? Please remember that being public company does NOT preclude ET or SB to merge with other giants. The public or private status of a company has nothing to do with its operation. In fact, since it has a public market value, the merger of ET or SB with other companies are much easier as there will be less discussion on the valuation.
7. Is there any negative effect once these companies become their own public companies? The only thing I can think of is that they will have to pay additionally for legal and accounting works; but this expense should not be more than $5,000 a month above what they are incurring right now, so it is a minor concern.

WHAT EFFECT WILL THE REVERSE MERGERS HAVE ON THE SHARE PRICE?

1. Again, since the closing won’t happen until 12/31/01, there should be NO effect until Q1 of 2002.
2. After Q1, most of HRCT assets (except for the E-Education) will be in form of shares owned in ET, SB and AI. The change on HRCT share price will depend on the value of these shares. Right now, HRCT has a $14 Million market cap. Take out $1 Million for E-Education, we can give an estimated value of $13 Million for the other 3 assets. If the total value of 50% of ET, 65% of SB and 80% of AI is more than $13 Million, then HRCT share price will be higher. How high? It will depend on how high the total market value of these 3 assets will be. Of course, if the market caps of these 3 assets are lower than $13 Million, then HRCT share price will be lower.
3. So you can see that the share price of HRCT after Q1 will depend mostly on ET, SB and AI share price. Now let’s analyze this factor:
4. The shares of ET, SB and AI should be in the highest possible range because of the small floats after the reverse splits. If you understand the market making activities of the OTC and Nasdaq stocks (the NYSE and AMEX and others are different as they have specialists for each stock), you should know that there are plenty of shorting going on, whether it is share borrowing from the float or naked shorting from Canada or Europe. HRCT is vulnerable because the MMs know too well that there are always sellers (especially if you sent a bunch of paid bashers to the chat rooms and stir the FEAR emotion on a daily basis). With the new entities having a VERY SMALL floats (no more than 1.5 Million shares each, comparing to 40 Million of HRCT), the MMs won’t move until there is a definite buy or sell order. It explains why it is more difficult to buy SRUN or GTCI right now. If there is minimum short selling, you can bet that the share price of these new companies will be much higher.
5. Another factor which will influence the share price is the number of shareholders. Right now, SRUN and GTCI have less than 800 shareholders. If the shares are distributed to HRCT shareholders (about 8000 right now), this new group of shareholders will definitely create more activity than whatever going on now. It is a positive factor for the share price.
6. Right now, SRUN and GTCI are listed only on the OTC. I am sure that they will apply for Frankfurt and Hong Kong listing, as soon as the new management takes over. Increased exposure increases share price.
7. Another favorable aspect of ET(SRUN) and SB(GTCI) is that the business model of each company will be much easier to understand than Hartcourt. Just say Sprint for ET and Bloomberg for SB will take only 2 seconds. Investors and brokers do not have the attention span of a university professor. The PR program for ET and SB will be much more effective than HRCT.
8. The share price of ET and SB can increase dramatically if they can manage to bring in well-known equity partners like Reuters, Global Crossing, Bloomberg or WorldCom. It’s much easier to agree on the valuation once you have a public entity with an identifiable market value.
9. Finally, to understand how big the factor of the FLOAT has on the share price, you can follow the example of OSIN. This company has no clear business plan, has no revenue and has no earning, yet its market value is over $18 Million. The shorters stay away because the float is too small for them to do anything about it. There are hundreds of other examples on the OTC roster which I will give you later if I have time to dig out.

CONCLUSION

1. Hartcourt subsidiaries’operations won’t be affected at all on this spin-off process
2. Hartcourt’s share price won’t change much until Q1 of next year. Afterwards, it all depends on the share price of ET, SB and AI. The share price of these new public companies will however have great upside potential after Q1 of 2002.

gruß
THC

[MeinHerr]

Entscheidet selber, lest es einfach mal durch. Ich habes in DEUTSCH rausgeholt, das ganze englische Informationsgewusel nervt total:
-----------------------------------------------------
Hartcourt (HRCT) ist eine amerikanische Internet-Beteiligungsgesellschaft ähnlich der CMGI, die sich auf den Internet-Markt der Zukunft China konzentriert. Hartcourt ist aber noch mehr als eine Beteiligungsgesellschaft, denn die Beteiligungen und Joint Ventures zielen einzig auf die Strategie ab, die „führende Internet Company in Asien“ zu werden. So sind die Partner und Joint Venture - Beteiligungen strategisch diesem Ziel untergeordnet.
Der asiatische Internetmarkt ist der grösste Wachstumsmarkt weltweit, sodass es mehrere grosse Internetfirmen geben wird. Wir glauben, dass Hartcourt in Zukunft zu den 3 führenden Internetfirmen in China gehören wird, da Hartcourt durch die guten Beziehungen und namhaften Geschäftspartner in China einen grossen und im Prinzip einzigartigen Wettbewerbsvorteil vor anderen grossen amerikanischen Unternehmen wie z.B. CMGI-Asia oder China.com hat, da ausländische Kapitalgesellschaften es schwer haben, auf dem chinesischen Markt fusszufassen, weil nur Minderheitsbeteiligungen erlaubt sind und Lizenzen der Chinesischen Regierung nicht so einfach zu bekommen sind.
Beteiligungen:
1. UAC Stock Exchange Online, Ltd. (50 %)
Hartcourt hält 50 % an UAC, einem Anbieter von Online-Trading für Brokerage-Firmen in China über den Intranet-Service CHINAPAC der China Telecom. UAC ist der erste und einzige Operating Agent für das CHINAPAC-System. Das System wird zur Zeit von 4000 chinesischen Brokerage-Firmen und Clients genutzt.
2. Financial Telecom Ltd. (FTL) (58%)
Hartcourt hält 58 % an FTL of Hong Kong, einem Information Service Provider, der sich auf die Real-Time-Übertragung von Finanzdaten und –nachrichten über Festnetz- bzw. Wireless-Systeme spezialisiert hat.
3. Sinobull.com (chinesisch: HuaNia.com)
Sinobull.com ist ein Merger von UAC (siehe 1.) und FTL (siehe 2.) und wird zusammen mit seinen 5 starken chinesischen Partnern zu einem umfassenden Financial Portal ausgebaut. Sinobull.com will eine dominante Marktstellung auf dem weltweit zweitgrössten Finanzmarkt (in max. 10 Jahren) aufbauen.
Hartcourt bringt seine Anteile an UAC und FTL ein und wird 45 % der Anteile halten. Die UAC – Partner werden 21 %, die FTL-Partner 18 % und 3 neue Partner 16 % halten.
Hua Xia Info hat eine revolutionäre Set Top Box entwickelt, die den Benutzern Online-Trading zusätzlich zum Internet-Zugang erlaubt. Dieses Produkt wurde in Partnerschaft mit Legend, dem grössten Computerhersteller in China, und Microsoft, dem weltweit grössten Softwareproduzenten entwickelt. In China gibt es 80 Millionen TV-Kabelbenutzer und nur 20 Millionen Computerbesitzer. Auf diesen Set Top Boxen wird Sinobull.com als Finanzportal voreingestellt sein, wodurch Sinobull.com zum Finanzportal Nr. 1 in China aufsteigen wird.
Sinobull.com hat eine landesweite Lizenz für das Online-Trading in China. Im Moment ist es schon möglich per Telefon über die Telefonnr. 162 (ähnlich der 800 in den USA) direkt über UAC Aktien zu handeln. Mithilfe der Set Top Boxen wird ein Trading für jeden Benutzer über das Intranet der China Telecom CHINAPAC möglich sein, wobei die Brokerage-Firmen schon jetzt direkt an CHINAPAC angeschlossen sind.
Diese Lizenz zum Trading über das Intranet wird sich wahrscheinlich einige Zeit zu einem einzigartigem Wettbewerbsvorteil für Sinobull.com entwickeln, da die China Securities Regulatory Commission und das Ministry of Information Industry starke Reglementierungen für das Online-Trading erlassen wollen. Sinobull.com wird sich ausschliesslich auf den Finanzbereich beschränken und somit nicht wie andere Internetportale ein Forum für politische Meinungsäusserungen sein, was ein wesentlicher Vorteil ist, da China ab sofort alle bestehenden und alle neue Internet-Seiten einer Überprüfung unterziehen will.
Der Börsengang an die Nasdaq oder an den GEM in Hong Kong oder an beiden ist für Mitte 2000 geplant. Es werden 20 % = 5 Mio Aktien zu einem Preis von 20 $ ausgegeben. Es sollen 500.000 bis 1 Mio Aktien für die Hartcourt-Aktionäre reserviert werden. Hartcourt wird nach dem IPO einen Anteil von 36 % der Aktien an Sinobull.com besitzen und etwa 95 Mio $ Cash daraus erhalten, die für weitere Aquisitionen genutzt werden sollen. Der Gesamtwert des Unternehmens wird 25 Mio Aktien * 20 US$ = 500 Mio US$ und die Marktkapitalisierung nur 100 Mio US$ betragen, was sehr moderat ist und extreme Kurssteigerungen erwarten lässt, wenn man Vergleiche zu China.com zieht. Hartcourt hat schon beim IPO einen Anteilswert von 180 Mio US$ (36 %) an Sinobull.com. Bei einer Marktkapitalisierung von 1 Mrd. US$ von Sinobull (China.com hat etwa 2,5 Mrd.) steigt dieser Wert schon auf 1,8 Mrd. US$, was die jetzige Marktkapitalisierung von 320 Mio US$ bei einem Kurs von 15 US$ bei weitem übersteigt.
Am 18.12.1999 hat Sinobull.com ein Agreement zum Kauf von 40 % von Shandi Network, einem Anteilhalter von Hua Xia Info, dem Finanzdaten-Anbieter Nummer 1 von China unterzeichnet. Hua Xia Info ist ein wichtiger chinesischer Partner von Hartcourt bei Sinobull.com.
Sinobull hat 50 % von Guo Mao, einem Real-Time Finanzdaten-Anbieter in Shanghai (China) gekauft, wodurch die Finanzdatenbank von Hua Xia Info vervollständigt wird. Guo Mao hat 83 Angestellte in Büros in 8 Cities in China und nutzt die Satelliten-Übertragungstechnik von Shanghai VSAT, die ebenso wie Shanghai Hua Xia Computerservice zu dessen Anteilhabern gehören.
Sinobull.com hält 50 % an StreamingAsia.com, einer führenden Internet-Software Company in Hong Kong. StreamingAsia.com entwickelt und erstellt internetbezogene Softwarelösungen.
4. ESAT (10 %)
Hartcourt hält 10 % (2 Millionen) an ESAT mit einer Option zum Kauf auf weitere 10 % (2 Millionen). ESAT ist eine amerikanische Technologie-Firma, die sich auf high-speed Internetverbindungen via Satellit spezialisiert hat und China als wachstumsstärksten Markt für Wireless ISP’s betrachtet.
5. Joint Venture mit Innostar Hitech Enterprises of China (35%) geplant.
Hartcourt hat ein Joint Venture Agreement mit Innostar unterzeichnet, um einen landesweiten wireless Internet Service Provider und IP Phone Service via Satellit in China zu gründen. An diesem Joint Venture wird Hartcourt 35 % halten.
6. eMPACT Solution Inc. (30%)
Hartcourt hat am 13.2.00 eine Vereinbarung zum Kauf von 30 % von eMPACT Solutions Inc., einer E-Commerce System Management Company, unterschrieben, die sich auf Webhosting, Systemdesign und -management, Transaktionsauslastungs- und Sicherheitsüberwachung für E-Commerce Firmen spezialisiert hat. Diese Beteiligung ist ein wichtiger strategischer Baustein beim Aufbau eines Joint Ventures Hartcourts mit einer grösseren chinesischen Web Management Company, um Hostdienstleistungen für B2B E-Commerce und B2B Auction Business anzubieten. Das in Planung befindliche Business-Modell wird ähnlich dem von Exodus sein.
7. Nasdaq – Listing
Hartcourt hat am 24.1.00 die Unterlagen für ein Listing an der Nasdaq eingereicht. Das Listing wird aller Wahrscheinlichkeit nach Mitte bis Ende März (max. 2 Monate) vollzogen sein. Das wird unserer Meinung nach einen grossen Kursschub für die Aktie bringen, da sich dann Institutionelle Investoren engagieren und verschiedene Analysten auf Hartcourt aufmerksam werden.
Schlussfolgerungen
Hartcourt ist unserer Meinung nach allen anderen grossen Internetfirmen wie Softbank, Pazific Century Cyberworks, China.com und CMGI, was den chinesischen Markt anbetrifft, einen Schritt voraus. Erst wenn China zur Welthandelsorganisation (WTO) beitritt, können sich diese Firmen massiv auf dem chinesischen Markt einkaufen. Dieses wird aber noch eine Weile dauern, da die chinesische Regierung die eigenen privatisierten Unternehmen erst wettbewerbstauglich machen will. Firmen wie Hartcourt werden als Partner für chinesische Firmen akzeptiert, um bis dahin ausländisches Know How nach China zu holen. Selbst wenn es zu einem schnelleren Beitritt kommen sollte, wird China einige Sonderbedingungen für den Markteintritt ausländischer Unternehmen aushandeln und für diese mit Begrenzungen der Lizenzen und gesetzlichen Reglementierungen den Marktauftritt erschweren.
Der Aufbau einer starken Technologie-Gruppe in China ist vorallem den sehr guten Beziehungen zur chinesischen Wirtschaft und dem Verhandlungsgeschick von Hartcourt Chairman und CEO Dr. Phan zu verdanken. Dr. Phan ist weiter auf der Suche nach amerikanischen Partnern, um weiteres amerikanisches Know How in diese Technologie-Gruppe einzubringen und noch weitere Joint Ventures mit chinesischen Firmen zu gründen. So ist z.B. die Einbringung von Know How im Linux-Bereich geplant, was insofern bedeutend ist, da die Chinesische Regierung dem Betriebsystem Windows 2000 gegenüber negativ eingestellt ist.
Hartcourt wird zur Zeit mit etwa 320 Mio$ (Kurs 15$) bewertet, was im Vergleich mit anderen Firmen unserer Meinung extrem unterbewertet ist, da der Bekanntheitsgrad noch sehr niedrig ist, was sich dann nach erfolgtem Nasdaq-Listing schnell ändern wird. Der Bekanntheitsgrad und der Kurs werden vorallem mit dem erfolgreichen IPO von Sinobull.com Mitte 2000 steigen. Zusätzlich werden ständig weitere strategische Beteiligungen mit dem aus dem IPO von Sinobull erhaltenen Cash getroffen werden. Deswegen lautet unser Kursziel 100$ in 12 Monaten, was einer Marktkapitalisierung von 2,1 Mrd US$ entspricht. Das ist unserer Meinung nach angemessen, wenn man einen Vergleich zu anderen Internet-Aktien, die in Asien operieren sieht. So hat der Börsenliebling der Amerikaner in Bezug auf Asien-Aktien China.com (Nasdaq) eine Marktkapitalisierung von 5,3 Mrd. US$ (Kurs 127$) bei einem Umsatz von 20,1 Mio$ 1999 und einem Verlusst von 18,7 Mio$. China.com ist aber entgegen seinem Namen vorallem ausserhalb Chinas sehr erfolgreich. Hartcourt achtet bei seinen Beteiligungen auch auf Qualität, sodass Sinobull.com schon von Anfang an Gewinn erwirtschaften wird. Genaue Zahlen sollen in Kürze bekanntgegeben werden.
Mehr Informationen finden Sie unter www.hartcourt.com.
Anmerkungen und Hinweise an: [e-mail]

[tetrahydrocannabinol]

Guten Abend MeinHerr!
Ich täts mir ja auch in deutsch wünschen und so sehr das Informationsgewusel auch nervt, das sind relativ aktuelle Informationen und Zahlen. Deine Analyse beschreibt den Stand vom 18.02.00 und seitdem ist natürlich einiges passiert:

Jetzt sind es 4 Beteiligungen:

SINOBULL FINANCIAL GROUP:
Financial Telecom Ltd.
HC Financial TV
Guo Mao Financial Group
Shangdi Networks
UAC Online Stock Trading
Sinobull.com
Wind Info
Fintel Wireless

AI-ASIA INC:
StreamingAsia
V2Techonology
Logic Space
Syndicate Asia

TELECOM SERVICE GROUP:
Elephant Talk
Other coming acquisitions

E-LEARNING GROUP
JV with Cal State Fullerton and Jiao Tong University


Und 18 Strategische Partnerschaften:

1. Equis/Reuters
2. Yahoo! China
3. Microsoft
4. IBM
5. HP
6. China Telecom
7. Legend
8. China Cable Network
9. People`s Daily
10. SIFTT/Nokia
11. Innostar
12. China Info
13. China Securities
14. Emperor Group
15. Liu Chong Hing bank
16. Jiao Tong University
17. Cal State University of Fullerton
18. Bank Of Communications


Elephant und Talk Sinobull werden durch einer Merger mit STARUNI CORP (OTC BB: Domestic:SRUN) und GLOBAL TELEPHONE COMMUNICATION (OTC BB: Domestic:GTCI) vorausichtlich ab anfang des nächsten Jahres am OTC-BB Markt handelbar sein und bald vielleich schon in Frankfurt und Hong Kong . Was mit Al-Asia passiert soll auch dieses Jahr noch bekannt gegeben werden.


Ich rechne eigentlich auch demnächst mal mit *big news* was Hartcourt und ein IPO oder Merger betrifft. Viel erwarte ich auch vom Financial TV, der im ersten Quartal 2001 on air geht und den Bekanntheitsgrad der unterschiedliuchen Beteiligungen erheblich steigern werden sollte! Alles in allem könnte demnächt wohl noch einiges passieren, hoffe ich doch.....die Freudensprünge im Chart könnten darauf hinweisen....

in diesem Sinne...

gruß

THC

[MeinHerr]

An @THC: Natürlich hast Du recht, der Stand ist älter. Deine Aktualisierung macht aber auch die Entwicklung von einst zu jetzt deutlich. Wer jetzt noch nicht kappiert hat, daß diese Entwicklung wirklich mehr als positiv ist, der sollte sein Geld in die Matratze stecken

Ich schließe mich Deiner Meinung an, irgendwann dürften wirklich gute News fällig sein, wer dann nicht dabei ist, hat selber Schuld.

So long und nice Weekend
MH

[frank2222]

Hat jemand eine Ahnung, was wir nächste Woche für Kurse sehen werden?
Vielleicht knacken wir den EURO.
Bald ist auch der WTO - Beitritt, und ich denke es werden sich noch einige davor eindecken.


long and strong

[abgenix]

frank
du pusher

laß den unsinn von wegen long and strong

die fakten sehen mies aus lieber frank

ziel 0,10

[frank2222]

Ich bin absolut kein pusher. Was ich schreibe und geschrieben habe beruht auf Tatsachen.
Aber wie kommst du zu deinem Kursziel. Allein eine Beteiligung ist mehr Wert wie der derzeitige Kurs. HRCT ist völlig unterbewertet.
Kannst ja mal erklären, wie du zu deinem Kursziel kommst. Bring aber Fakten.

LONG AND STRONG

[tetrahydrocannabinol]

Hartcourt to Exceed Third Quarter 2001 Revenue Estimates; Company Announces Significant Increase in Q4 Numbers


LOS ANGELES, Oct 29, 2001 /PRNewswire via COMTEX/ -- The Hartcourt Companies,
Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com, a holding
and development enterprise building a broad network of internet, media, and
telecommunication companies in Greater China, provided today an update on
financial guidance for the third and fourth quarter 2001 in accordance with SEC
Regulation FD.

Hartcourt raises revenue estimates for the third quarter to 3.8 million from 3.2
to 3.5 targeted on July 20 2001. Hartcourt is also significantly raising
guidance for fourth quarter revenues to between $4.7 and $5.0 million on
continuing operations, a 25% quarter over quarter increase.

In addition to revenue increases, Hartcourt expects decreasing operational
expenses and increasing margins to result in a further drop in net loss over the
next 2 quarters as they approach profitability throughout the organization.
Subsidiaries ElephantTalk, Sinobull Information, FTL and HC Financial TV are
estimated to breakeven or record profits in fourth quarter 2001. Other
subsidiaries most affected by the adverse economic conditions, are currently
experiencing a ramp up in business and expect to have clear visibility in early
2002.

Mr. Manu Ohri, Chief Financial Officer of Hartcourt, commented: "To be
surpassing our revenue projections and producing profitable businesses during
this time of global economic slowdown is extremely encouraging. We are now
expecting another dramatic improvement in our revenues for the fourth quarter.
Most companies would be very pleased to be recording 20% year over year revenue
increases, we are currently exceeding this goal quarter to quarter. While our
ElephantTalk subsidiary is responsible for the largest revenue upside we are
experiencing growth across our entire organization in spite of a very
challenging business environment. Perhaps the most exciting aspect is the
acquisitions and new division formations are beginning to respond the way we
intended before the slowdown began; there are new contracts in negotiation,
expanding business relationships between divisions, and a constant flow of new
proposals and ventures from companies interested in doing business in Greater
China. Our strong operational performance in combination with China`s pending
entry into the WTO, and anticipated economic growth in China`s domestic market,
provides an optimal environment for the public listing of our divisions in
2002."

Hartcourt companies, ElephantTalk (OTC Bulletin Board: SRUN) and the Sinobull
Group (OTC Bulletin Board: GTCI), will become publicly listed through reverse
mergers by year end as previously announced. Subsidiary AI-Asia is also
scheduled to be taken public afterwards, while the E-Education division will
remain within Hartcourt.

About The Hartcourt Companies.

The Hartcourt Companies is a holding and development enterprise that has built a
broad network of Internet, media, and telecommunication companies in Greater
China. In partnership with leading Chinese entrepreneurs and
government-sponsored entities, Hartcourt is developing and investing in emerging
technologies while building an integrated commercial framework for its
subsidiaries and their partners. Hartcourt`s business strategy is to facilitate
a series of venture divestitures via IPO or public merger to fully realize the
value of these assets for its investors. Detailed information on Hartcourt can
be obtained via the company`s Web site: www.hartcourt.com.

About ElephantTalk

Based in Hong Kong, ElephantTalk is one of the leading international long-
distance service providers to Hong Kong and portions of China. Established in
1995, it holds a number of licenses including US FCC 214, HK ETS and ISP PNETS
allowing it to provide voice, data transmission like IDD, pre-paid calling card
and ISP services. Its customers include major telecom carriers based in the U.S.
and Hong Kong. Additional information regarding ElephantTalk can be found at
www.elephanttalk.com.

About Sinobull Group

Sinobull Group is a financial data provider and technology developer. Sinobull`s
operating companies include: Shanghai Sinobull Information Company Ltd.
(formerly Guo Mao Science & Technology), Sinobull Network Technology (formerly
Shangdi Networks), Financial Telecom Ltd, Fintel Wireless Ltd., Ton Bo software,
HCTV Financial TV channel Ltd. and Sinobull Magazine Ltd. Sinobull.com is a
financial information and stock trading website complementing Sinobull Group`s
product and service offerings. The companies in the Group are now capable of
providing news, data and analysis to the business community and media outlets;
real-time pricing, historical pricing, indicative data, analytics and electronic
communications. Existing and potential clients include China`s investment
institutions, commercial banks, government offices and agencies, corporations,
and news/media organizations. Details on Sinobull Financial Group could be found
at www.sinobullfinancial.com.

About AI-Asia

AI-Asia Inc. is a holding company created by Hartcourt to acquire assets and
companies in the multi-media technology and services sector, especially video
streaming on the Web. Companies in AI-Asia are providing their clientele with a
comprehensive range of internet enabling solutions, preparing them to
participate in the rapidly emerging streaming and broadband communications
revolution in Greater China. AI-Asia includes subsidiaries Streaming Asia, Logic
Space, V2 Technology and Renew Logistics.

About E-education

This program has been formulated as a joint effort of Hartcourt, California
State University at Fullerton and Northern JiaoTong University of Beijing. The
E-Education program is designed as an expanding multi-discipline program that
initially features American-standard Management and IT courses for China`s
entrepreneurs.

Forward-looking statements

This press release contains forward-looking statements that are made pursuant to
the safe harbor provisions of The Private Securities Litigation Reform Act of
1995. The forward-looking statements involve risks and uncertainties that could
cause actual results to differ materially from the forward-looking statements,
including, but not limited to, factors detailed in Hartcourt`s filings with the
Securities and Exchange Commission including recent filings of Forms 10-K and
10-Q. The forward-looking statements should be considered in light of these
risks and uncertainties. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date hereof.
Hartcourt undertakes no obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events. The inclusion of
any statement in this release does not constitute an admission by Hartcourt or
any other person that the events or circumstances described in such statement
are material.


MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X16588607

SOURCE The Hartcourt Companies, Inc.


CONTACT: Mr. Manu Ohri, CFO of the Hartcourt Companies, Inc.,
[phone] ext. 207

URL: http://www.elephanttalk.com
http://www.sinobullfinancial.com
http://www.hartcourt.com
http://www.prnewswire.com

Copyright (C) 2001 PR Newswire. All rights reserved.


gruß
THC

[BUSINESSWORLD]

Liest sich gut

[tetrahydrocannabinol]

SCMP:Telecoms, IT markets ripe for picking
Monday 29, 2001


LOUIS BECKERLING

The United States is headed for a V-shaped rebound from its present economic slump and investors with a 12-month horizon are advised to get back into stock markets, according to Citigroup investment strategist Clarke Winter.
Top sector picks at present valuations, identified by a Citigroup investment team during a visit to Hong Kong, were telecommunications and information technology companies, as well as financial services.


On Friday, chairman and chief executive for global investment management and the private banking group, Thomas Jones, singled out China as an area of strategic interest for the group.

"It is not the time for index investing or broad-brush `throw-the-dart` investing," Mr Winter warned, adding that a period of high volatility and uncertainty still lay ahead, along with more corporate failures.

That, in turn, meant hedging and arbitrage strategies would also pay dividends as securities moved within broad and fairly predictable bands.

Mr Winter said the uncertainty made it difficult to predict the timing of the rebound as a result of monetary and fiscal stimulation, but this could come as early as the first quarter of 2002, or be delayed into the third quarter.

Rama Krishna, head of global equity research for Citigroup Asset Management, said healthcare was a promising investment sector.

"We live in an ageing world and the proportion of plus-65-year-olds is set to double. A 65-year-old gets 20 prescriptions a year," Mr Krishna said.

The same demographic arguments could be made for investments in financial services at present valuations, particularly in China, he said.

"You will be seeing a greater need for savings as the world grows older and a greater demand for financial services in China," Mr Krishna said.

China had a clear focus on enhancing development of its citizens in a systematic fashion.

"From what we can tell across the board they are doing absolutely the right thing," Mr Krishna said.

"I would love to get access to the China stock market because one day we expect it all to be unified and when that happens you are going to see the biggest stock market in Asia, second only to Japan," he said.

Privatisation programmes that had delivered high growth to Britain in the late 1980s and early 90s would do the same for China, Mr Krishna predicted.

Mr Jones said Citigroup was interested in investing in all its business units in China.

"We are looking for opportunities in private banking, global consumer business, corporate business and investment banking," he said.

"We are very encouraged by China`s entry into the World Trade Organisation and playing by the same set of rules will present tremendous opportunities for investors," Mr Jones said.


seh ich auch so.....

gruß
THC

[tetrahydrocannabinol]

After Hours Trading Last: Change: Volume:
11/1/2001 4:01:00PM 0.495 +0.045 10,000

wieso, weshalb, warum?? giebts morgen neuigkeiten??

gruß
THC

[tetrahydrocannabinol]

Internet to See Fast Growth

BEIJING, November 5 (Xinhuanet) -- Internet media has become the fastest growing means for information transmission in China over the past years, with the number of users at 26.5 million by the end of June 2001 compared with 620,000 in October 1997.
At the ongoing Third Asia-Pacific Symposium on Press and Scientific and Social Progress, chairman of the symposium Zhou Guangzhao said that China will devote more attention to the Internet and information super highway and adjust its policy to cope with the revolution of news media.
It is estimated that by the year 2005, the number of computers connected to the Internet will reach 40 million and Internet users will top 200 million, according to Monday`s edition of China Daily.
Vice-minister of the information industry Zhang Chunjiang said 63.5 percent of the information gathered by users on the Internet is news.
Delegates of the symposium recognized that the fourth media will soon outweigh traditional media -- newspapers, radio and television -- within one or two decades.
China`s Internet news media appeared in 1995, and has become a very important part of China`s news communication. The government
has adopted favorable policies and financial and technical support to boost its development.
Thousands of news websites and web pages have been set up for 2,000 newspaper offices, 8,000 magazines, 290 radio stations and 420 TV stations in the country, vice-minister of the Information Office of the State Council Cai Mingzhao was quoted as saying.

gruß
THC

[DGromm]

::THC:: Nicht übel dieser Bericht, insbesondere, wenn man sich die Steigerungsrate mal vor Augen hält. Von 1997 mit 620.000 Usern zum heutigen Stand und die Perspektive bis 2005 ist nochmal sehr beachtlich.

China wir kommen .. Hartcourt .. wir haben dich

Und hier mal ein Wort an die lieben Kritiker:

Es ist doch eigentlich lächerlich, was ihr da behauptet. Ihr redet einen Wert nieder, der vor kurzem locker 200% gemacht hat und sich auf 50/55 Cent eingependelt hat.

Der nächste Sprung steht dieses Jahr sicherlich noch an, und ich denke, daß zum Jahresende locker die 1E-Marke übersprungen wird.

An die letzte Ralley muß man nicht erinnern, eines dürfte jedoch klar sein: HRCT ist auf der Siegerstrecke und wenn der Markt wieder richtig in Bewegung kommt (laut Prognose im ersten/zweiten Quartal 2002) dann wird auch HRCT wieder in den alten Kurs von 1999 hochspringen.

Dann sind die Basher endlich mal raus, obwohl auch ihnen der Gewinn gegönnt sei.

Gruß: DG

[tetrahydrocannabinol]

AI-Asia Inc., a Hartcourt Subsidiary, Purchases 100 Percent Of Control Tech (CTC)
TUESDAY, NOVEMBER 06, 2001 3:00 AM
- PRNewswire

LOS ANGELES, Nov 6, 2001 /PRNewswire via COMTEX/ -- The Hartcourt Companies Inc. (OTC:HRCT, www.hartcourt.com, today announced that AI-Asia Inc., its wholly-owned subsidiary, has purchased 100 percent of Control Tech Centenary Group Ltd. (CTC). CTC is a streaming technology solution company specializing in audio and videoconference products. It is one of only two exclusive authorized dealers in China for Polycom, www.polycom.com. Polycom is a recognized global leader in multimedia business communication tools, videoconferencing, audio conferencing, web conferencing, and network access appliances.

Control Tech also represents Enzenia, Radvision, Accord and MCU. CTC`s customers include: PLA, Procter & Gamble, Kodak, Hong Kong Telecom, Shandong Power Co and other major multi-national companies in China. Additional information on CTC can be found at the company web site, www.polycomctc.com.

Mr. Li Yi Zheng, Managing Director of CTC, comments, "We are impressed with Hartcourt`s ability to execute in this extremely challenging environment and look forward to joining the AI-Asia team of companies. We expect CTC to enhance an already powerful combination of streaming technology products and services provided by AI-Asia, and to have an immediate positive impact on the bottom line. Recent world events have placed a premium on secure distance- communication technologies for corporations and government operations. With the addition of Control Tech, AI-Asia is now perfectly positioned to participate in this rapidly growing market."

Dr. Alan Phan, Chairman of Hartcourt, said, "The inclusion of CTC completes the principal structure of AI-Asia`s operations. We have created a strong, expanding company, with a compelling business model and solid fundamentals, to list on the public markets. The synergy of streaming software and technology solutions among StreamingAsia (www.streamingasia.com), Logic Space (www.logicspace.com), V2 Technology (www.v2tech.com), Renew Logistics (www.cyberkids.com.hk) and CTC will provide our clients and partners with a comprehensive suite of services and products on a common operational platform, and produce significant savings in technical support and marketing costs. AI-Asia is now a premier source of internet enabling solutions and business communications tools for corporations, institutions and consumers. I am proud that we have achieved so much in such a short period."

About Hartcourt

The Hartcourt Companies is a holding and development enterprise that has built a broad network of Internet, media, financial services and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt`s operative business strategy is designed to facilitate a series of venture divestitures via IPO or public merger to fully realize the value of these assets for its investors. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

About AI-Asia

AI-Asia Inc. is a holding company created by Hartcourt to acquire assets and companies in the multi-media technology and services sector. Its objective is to identify, develop, and maintain first-mover technologies, products and services for corporate and consumer internet deployment. AI-Asia is providing its clientele with a comprehensive range of internet enabling solutions, preparing them to participate in the rapidly emerging streaming and broadband communications revolution in Greater China.

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.

For further information please contact Mr. Manu Ohri, CFO, Tel: [phone] Ext 207.

GRUß
THC

[tetrahydrocannabinol]

.......CTC is a streaming technology solution company specializing in audio and videoconference products. It is one of only two exclusive authorized dealers in China for Polycom, www.polycom.com. Polycom is a recognized global leader in multimedia business communication tools, videoconferencing, audio conferencing, web conferencing, and network access appliances........

http://www.polycomasia.com/polycom_s.htm


gruß
THC

[tetrahydrocannabinol]

Hartcourt hebt Umsatzschätzungen an

06.11.2001

Die chinesische Internet- und Medien-Holding Hartcourt hat ihre Umsatzerwartungen für das dritte und vierte Quartal des laufenden Geschäftsjahres angehoben. Für das dritte Quartal erwartet Hartcourt nun einen Umsatz von 3,8 Millionen Dollar statt ursprünglich erwarteter 3,2 bis 3,5 Millionen. Im vierten Quartal sollen zwischen 4,7 und 5 Millionen Dollar erlöst werden. Auch die Nettoverluste sollen laut Unternehmensangaben niedriger ausfallen als erwartet. Zurückzuführen sei das auf rückläufige operative Kosten und steigende Margen. Die Konzerntöchter ElephantTalk, Sinobull, FTL und HC Financial TV würden im vierten Quartal die Gewinnzone erreichen, wie Hartcourt weiter erklärte.


Hartcourt-Tochter kauft zu

06.11.2001

Al-Asia, eine hundertprozentige Tochter von The Hartcourt Companies, hat die Control Tech Centenary Group (CTC) vollständig übernommen. CTC entwickelt und vertreibt Lösungen für Streaming-Technologien und hat sich auf den Bereich der auudio- und Videokonferenzen spezialisiert. Alan Phan, Aufsichtsratsmitglied von Hartcourt, begründete die Akquisition damit, dass es Hartcourt dank der CTC-Technologie nun möglich sei, seinen Kunden ein breites Angebot an Produkten und Dienstleistungen auf einer gemeinsamen Basis anbieten zu können.


Quelle: Die Telebörse

[tetrahydrocannabinol]

Hallo allerseits,

es steht eine große Woche für alle Hartcourtler bevor:

- Diesen Freitag beginnt die WTO Konferenz in Dubai
- Am Mittwoch, dem 14.11. die Bakanntgabe, ab wann China offizielles Mitglied ist.
- Und ab Dienstag dem 13.11. kann mit den aktuellen Quartalszahlen gerechnet werden, wobei hier die Schätzungen schon im Vorfeld angehoben wurden.

Meiner Meinung nach ist Hartcourt bereits so gut positioniert, daß es mich nicht wundern würde, wenn direkt nach WTO-Beitritt per Merger/IPO ein Listing an einem "richtigen" Handelsplatz erfolgen sollte, das würde auch den nachbörslichen Handel der letzten Tage in den USA erklären.....

Wohlgelaunt in die Zukunft schauend
THC

[Mot67]

stay hartcourt

[tetrahydrocannabinol]

Quartalszahlen am Donnerstag 15.11.!!! Werden deswegen trotzdem nich schlechter...

[tetrahydrocannabinol]

By: Jessi_garron $$$ Reply To: None
Friday, 9 Nov 2001 at 12:09 PM EST Post # of 168158

Thought you guy`s and gal`s would like to see this

Hi Jon:
The reverse mergers of SRUN and GTCI should close on
Jan 2nd, 2002. Hartcourt still the majority
shareholder of these 2 new public entity. We will
decide next on how the share dividends will be
distributed.
Thanks always for your support. We will arrive, in
style.
Best
Alan

[MeinHerr]

Was bedeutet das ?? Gut oder schlecht ????

[tetrahydrocannabinol]

Guten Abend MeinHerr,

ich finde das Ganze ist mit gut zu bewerten. Hartcourt hält nach dem Zusammenschluß jeweils die Mehrheit und Anfang nächsten Jahres müssten Sinobull und ElephantTalk auch unter diesen Namen gehandelt werden. Das schließe ich jedenfalls daraus.
In welcher Form die Dividende ausgegeben wird ist noch nicht entschieden.

Zu erwähnen wäre noch der nachbörsliche Handel der letzten 3 Tage mit jeweils 2o.ooo shares, is nich viel aber eben rel. häufig. Ich glaub ja immer noch an "Die große Sache"! Frag bitte nich was das genau wird, aber da kommt irgendwas......Wäre jedenfalls denkbar, denn nach dem WTO-Beititt ist die Situation für Ausländische Investoren deutlich besser Aufgrund der Rechtssicherheít, die es vorher nicht gab. Was giebt es leichteres, als in ein/mehrere Unternehmen zu investieren, die schon gewisse Strukturen in wachstumsstarken Bereichen aufgebaut haben, Gewinne erwirschaften oder kurz davor sind, in einem Land das den Internett-Hype noch vor sich hat.....Ich behaupte mal Dr. Phan hat auf diese Dinge hingearbeitet und einiges im Voraus geplant.....


....in diesem Sinne

gruß
THC

[Moneymonster]

Auf der Site wurde schon weiter gedacht bzg.der Namen.
http://www.mydd.com/stocks/china.html

Moneymonster

[spooky0815]

Experts predict online trading boom
Monday, November 12, 2001


REUTERS

China may boast the largest number of online stock traders in Asia in less than
five years, a stunning leap from just a year ago when fewer than 1 per cent of
investors traded over the Internet, experts said on Wednesday.

But much would depend on whether regulators could devise a legal
framework to lure institutional investors and root out the rampant speculation
that plagues the markets, they said.

Global technology consultancy IDC estimated China would have 21 million
online trading accounts by 2005 or about half of Asia`s total, excluding Japan.

"The future growth will be in China. Of course, one of the reasons is that the
base is so small, so no matter what happens the figure will still be very
impressive," said Kit Yau, IDC`s online analyst in Hong Kong. "People who
are aware of online trading channels will also increase."

Relatively meagre monthly volumes of several billion dollars might not light any
fires for now, but turnover had been swelling inexorably over the past year,
industry sources said.

In late 2000, only an estimated 25,000 Chinese bought and sold shares
online. But by August this year - helped by a new, tech-savvy generation of
Internet users - online trading accounts soared to 3.1 million, according to
official figures.

"It depends on how they open up the market. I see the potential is there," said
Edwin Chan, business development director with online broker Charles
Schwab in Hong Kong.

"Right now it`s the securities and regulatory issues dampening people going
in," he said. "I don`t think there`s a framework yet for an online trader, not
even for a normal investment bank. Online is a whole different ball game."

Skyrocketing online population

While better regulation and more educated investors were needed before
online trading could take off on a scale to rival South Korea, Asia`s
most-connected country, China`s potential was clear, analysts said.

The country`s low technology penetration in everything from personal
computers to mobile phones to personal digital assistants (PDA) - all of which
can be used to trade stocks - virtually guarantees rapid growth for the
industry.

China has 65 million individual stock accounts and 7.1 trillion yuan (about
US$857.8 billion) in personal savings. Official statistics cited by state media
forecast Web users at up to 200 million by the end of 2005 from more than
20 million now.

August saw 29.5 billion yuan in stock transactions fly over the net, up 10.9
per cent from July, according to the China Securities Regulatory Commission
(CSRC).

Although online trade accounted for only 5.5 per cent of all stock transactions
in August, it was still a major leap from 3 per cent at the end of last year,
CSRC figures showed.

Analysts said institutional investors had to come in to support liquidity. But
China`s speculative punters also have to be taught healthy investment
behaviour, "otherwise it`ll just be a very sophisticated gambling site", IDC`s
Mr Yau said.

More than 40 brokerages now hold online trading licences and many
investors use finance portals such as stockstar.com or homeway.com.cn.

Industry sources said Beijing may soon issue licences to non-brokerages to
help the domestic industry be more competitive after China joins the World
Trade Organisation.

Stockstar.com`s vice-president of corporate business development, Jennifer
Lu, said about 2,500 people had been signing up daily for its online trading
services, ranging from actual trade executions to research reports, since early
last year.

China`s existing electronic dealing infrastructure could easily adapt to online
transactions, Ms Lu said. "They started late, so the equipment they used was
the most advanced at the time. That means it`s all electronically linked," she
said.


SCMP.com is the premier information resource on Greater China. With a click, you will be able to
access information on Business, Markets, Technology and Property in the territory. Bookmark
SCMP.com for more insightful and timely updates on Hong Kong, China, Asia and the World. Voted
the Best Online newspaper outside the US and brought to you by the South China Morning Post,
Hong Kong`s premier English language news source.


gruß
spooky(ex THC)

[spooky0815]

Wednesday November 14, 2:59 am Eastern Time

Press Release

SOURCE: The Hartcourt Companies, Inc.
Hartcourt Reports Record Results for Third Quarter 2001
LOS ANGELES, Nov 13 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com , today reported financial results for the third quarter ended September 30, 2001. Revenues for the third quarter exceeded estimates reporting $3,809,526, a 103% increase over the $1,877,865 recorded in Q2 2001 and an 1100% increase over the $333,641 for Q3 2000. Revenues were $5,940,752 for the nine months ended September 30, 2001 as compared to $1,024,081 for the same period in year 2000.

Hartcourt reported ($0.00) per share or a loss of ($216,024) for the third quarter 2001 as compared to a loss of ($979,235) or one-cent ($0.01) per share for Q2 2001 and loss of ($2,730,762) or five cents ($0.05) per share for the third quarter 2000. For the nine months ending September 30, 2001, the company reported a loss of four cents ($0.04) per share vs. a loss of nine cents ($0.09) per share for the same period in year 2000.

Cash flows from operating activities showed a significant improvement from $1,144,522 for Q2 2001 to $216,168 for Q3 2001, and down appreciably year over year from $2,017,897 for Q3 2000. Revenues for the three months ended September 30, 2001 were derived from Hartcourt`s 100% ownership of the Sinobull.com Inc., 85% ownership of Streaming Asia Limited, 66.67% ownership of HCTV, 58.53% ownership of Financial Telecom Limited, and 51% ownership in subsidiary Elephant Talk Ltd.

Mr. Manu Ohri, Hartcourt CFO said, ``The third quarter continued to show significant progress in all divisions. Revenues continued to expand, operational margins showed sustained improvements, and operating expenses continued to decline. We have continued to respond to changing market conditions by re-focusing our business model and eliminating less productive units. We are experiencing growth across our entire organization and expect this trend to continue in the fourth quarter with an estimated $4.7 to $5.0 million in revenues and improved cash flow results.``

Hartcourt Chairman Alan Phan, stated: ``Hartcourt has just experienced another landmark quarter. In spite of a challenging environment we continue to record steady progress on four fronts: improving financials, refinement and execution of our business strategies, completion of acquisitions, and the public divestiture of our assets. Today we reported significant progress in revenue growth and bottom line results with impressive improvements over both quarter and yearly comparisons. The sale of under performing assets and the integration of improved financial and management oversight has shown immediate positive results as we continue on our path to profitability. The recent acquisitions of Renew Logistics and Control Tech Centenary Group Ltd. add to our strong network of companies and our plans to take our Elephant Talk and Sinobull Financial Group public on the US markets are on schedule. We expect to continue this strategy with the AI-Asia Group. These are essential steps in establishing a market value for our assets, and to give them direct access to the capital markets. We continue to assess operational performance across our organization and to position our companies to take full advantage of China`s entry into the WTO.``

Hartcourt`s third quarter 2001 accomplishments and subsequent events:
Hartcourt Completes the Acquisition of 85% of StreamingAsia Group
Hartcourt Establishes AI-Asia Inc. as Holding and Development Co. for
All Media Services Assets

ElephantTalk Ltd. signed a Letter of Intent to Merge With Staruni Corporation (OTC Bulletin Board: SRUN - news)
Sinobull Financial Group signed a Letter of Intent to Merge With Global Telephone Communications Inc. (OTC Bulletin Board: GTCI - news)
ElephantTalk Ltd. Forms a Partnership With JiTong, a telecommunications giant in China
AI-Asia Inc. Purchases 100 Percent Of Renew Logistics Ltd.
AI-Asia Inc. Purchases 100 Percent Of Control Tech Centenary, a distributor of Polycom Products
About Hartcourt

The Hartcourt Companies is a holding and development enterprise that is building a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt`s operative business strategy is designed to facilitate a series of venture divestitures via IPO or public merger in its four main divisions to fully realize the value of these assets for its investors; Sinobull Financial Group, Media Services Group, Broadband/Telecommunications Group and E-learning Group.

About Sinobull Financial Group

Sinobull Financial Group is a financial data provider and technology developer. Sinobull`s operating companies include: Shanghai Sinobull Information Company Ltd. (formerly Guo Mao Science & Technology), Sinobull Network Technology (formerly Shangdi Networks), Financial Telecom Ltd, Fintel Wireless Ltd., Ton Bo software, HCTV Financial TV channel Ltd. and Sinobull Magazine Ltd. Sinobull.com is a financial information and stock trading website complementing Sinobull Group`s product and service offerings. The companies in the Group provide news, data and analysis to the business community and media outlets; real-time pricing, historical pricing, indicative data, analytics and electronic communications. Clients include China`s investment institutions, commercial banks, government offices and agencies, corporations, and news/media organizations. Details on Sinobull Financial Group could be found at www.sinobullfinancial.com .

About ElephantTalk

Based in Hong Kong, ElephantTalk is one of the leading international long- distance service providers to Hong Kong and portions of China. Established in 1995, it holds a number of licenses including US FCC 214, HK ETS and ISP PNETS allowing it to provide voice, data transmission like IDD, pre-paid calling card and ISP services. Its customers include major telecom carriers based in the U.S. and Hong Kong. Additional information regarding ElephantTalk can be found at www.elephanttalk.com .

About AI-Asia

AI-Asia Inc. is a holding company created by Hartcourt to acquire assets and companies in the multi-media technology and services sector. Its objective is to identify, develop, and maintain first-mover technologies, products and services for corporate and consumer Internet deployment. AI-Asia plans to provide its clientele with a comprehensive range of Internet enabling solutions, preparing them to participate in the rapidly emerging streaming and broadband communications revolution. Operating companies include: Streaming Asia, Logicspace, Syndicate Asia, Control Tech Centenary Group Ltd., with an investment in Total System Solutions (TSS).

About E-Learning

This program has been formulated as a joint effort of Hartcourt, California State University at Fullerton and Northern JiaoTong University of Beijing. The E-Learning program is designed as an expanding multi-discipline program that initially features American-standard Management and IT courses for China`s entrepreneurs.

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.

For further information please contact: Manu Ohri of The Hartcourt Companies, [phone], [e-mail]

SOURCE: The Hartcourt Companies, Inc.

[spooky0815]

YAAAAHOOOOOOOO!!

Letzter Kurs 9:34 · 0,65
Veränderung +0,10 (+18,18%)
Vorheriger Schlußkurs 0,55
Volumen 44.634


``The third quarter continued to show significant progress in all divisions. Revenues continued to expand, operational margins showed sustained improvements, and operating expenses continued to decline. We have continued to respond to changing market conditions by re-focusing our business model and eliminating less productive units. We are experiencing growth across our entire organization and expect this trend to continue in the fourth quarter with an estimated $4.7 to $5.0 million in revenues and improved cash flow results.``

[WAlexandro]

gatrixx: Nun schon auf 0,68 (+23,6 %)!!!
Volumen 46.000

Auf kommende guten Tage und Zeiten !!

[lucardes]

hallöle, freue mich mit allen die an hrct bisher geglaubt haben und weiterhin glauben... solch tage könnten öfters sein....

[spooky0815]

....solche Tage werden öfters kommen....sach ich mal...

Letzter Kurs 11:21 · 0,69
Veränderung +0,14 (+25,45%)
Vorheriger Schlußkurs 0,55
Volumen 79.508

[spooky0815]

Yaaaaaahoooooooo!

€0,71 +29,09%

[TheWorld]

Es wäre schön, wenn man die Zahlen auch noch auf Deutsch bekommen könnte.

Weiss jemand, wo man dies kann? Oder kann jemand eine Zusammenfassung auf Deutsch machen, damit diejenigen die des Englischs nicht so mächtig sind, auch noch mehr verstehen.

TheWorld

PS: Auf schöne erfolgreiche Wochen/Monate/Jahre

[spooky0815]

TheWorld-> post

[WAlexandro]

spooky0815,


wärst Du bei mir bitte auch so gut? Dankääää !!

[spooky0815]

To translate use this:

http://world.altavista.com/tr

[Moneymonster]

@TheWorld
Den Übersetzter finde ich persönlich besser.Schau bei Service nach.
http://web.de/?id=V00-011114--lLpP-00

Gruß
Moneymonster

[WAlexandro]

@ Moneymonster, dankäää !

geht`s nun wieder abwärts?

[spooky0815]

immer locker bleiben.....

[spooky0815]

After Hours: 0.56 +0.04 Vol 10,000
Last 0.52
Change -0.03
% Change -5.45%
Previous Close 0.55
Day`s Low 0.49
Day`s High 0.59
Volume 445,100

[spooky0815]

Posted by: MisterEC
In reply to: Tin-Berrygood who wrote msg# 4322 Date: 11/18/2001 4:43:15 PM
Post # of 4325

How long do we wait?
As long as there is positive development, I am going to be an owner of HRCT. The investment community does not know much about us, it seems. Could be bad PR, could be no earnings, could be we are listed on the OTC BB. I have faith we will shine again.


Posted by: Tin-Berrygood
In reply to: MisterEC who wrote msg# 4323 Date: 11/19/2001 4:08:25 AM
Post # of 4325

Hi MrEC...
When ever I start to think that Dr. Phan isn`t moving fast enough I go back through the last six months of accomplishments..This company has gone through different stages of development...

First was the plan...Dr. Phan put an idea into action..Not a simple feat in a country where all outsiders have been banned from doing business for decades...And Hrct has been no exception...Dealing with the Chinese government in the early days, must have been frustrating..They move slow and change their mind and laws on a daily basis...So slowly but surely Dr. Phan got the initial companies he needed, to get the Hrct ship moving in the right direction...Looks as though there was some wheeling and dealing but he did it...

Second was the execution and forming of the companies...As the WTO neared, China laws changed in an instant and allowed Hrct to pursue additional companies that fit into the network that they are building..This window of opportunity has been a recent development and as you can see, most of Hrct`s major subs such as the all important Sinobull Network have only existed in the past 8 months or so....During this stage many associations have been formed with some of the largest companies in China, as well as the Chinese government..No small task in that many of the Hrct companies have hardly begun to actually do business...

Which brings us to the Third stage of Hrct`s development..Using the Network of companies and their alliances to create a global enterprise that cohesively gels Financial, Multi-Media and Telecom into a single working unit that customers around the world may use to participate in the China market and for those in China to finally be connected to the rest of the world.....Also by adding the top-notch partnerships that Hrct has developed, we should see our companies thrive within a relatively short period of time...imo.

To sum it up, I think Hrct and Dr. Phan has moved faster than anyone could possibly have expected in the political environment that we have witnessed in the past year..IMO, the Doc has created the companies, made the associations and is ready to unleash the product...Changes in the laws due to WTO will make it easier for the Hrct companies to function and prosper..Now that they are ready to do business, sell software and service clients such as Bank of communication and Polycom as well as Li & Fung (Toys-R-Us), Reuters, and so on, revenue should continue to increase...I believe that most of these subs separately or as a whole may be very attractive to US and other foreign powerhouses with the IMMEDIATE need to enter the China Market....

How long should we wait?....I personally think we`ve done the bulk of the waiting already....We seem to be well into stage three and I wouldn`t be surprised to see partners line up to each or all of the Hrct companies....The Doc has built quite a Network and even today would fetch a nice amount...I can only say how long I will wait....As long as it takes!...That`s only me though..No one should feel compelled to remain if they are not convinced that Hrct will succeed...I know that any company that makes it on a large scale will go through ups and downs..We have and I think we`re due for some good times, and I hope that all the countless Hrct investors that have endured the past few years make it very big....

I intentionally left out the E-Education program because they are in a trial period, from what I understand...But if accepted, may be very profitable also...See y`all in the morning....Aloha

I come to these conclusions after hours of reading China internet news and asking questions of Hrct staff (who are probably quite tired of me), going to a shareholders meeting and getting an opportunity to chat with not only Dr. Phan, but with many of the Hrct executives...Searching and re-searching through the internet to find out where our direction lies and what advantage we have....After over two years of focus to this endeavor, I can only state that I am more excited about the possibilities of success than ever.....This is just my opinion and I am just an average Joe with an average job trying to get a break like everyone else......So I`m here for the duration.....Aloha

[DerKönig]

Hallo HRCT-Gemeinde,
weiss jemand, warum Hartcourt gegenüber dem Schlusskurs vom Freitag hier in FFM mit einem Aufschlag von 14 Prozent gehandelt wird.
Liegt da vielleicht irgendwas in der Luft und einige wissen es schon? Hier im Boaerd ist absolut nichts Neues zu finden.
Gruß
DerKönig

[DerKönig]

Sorry, meinte natürlich Aufschlag gegenüber Amiland.

[profibulle]

hi king,
das sind doch nur nur kleine stücke, gesamt 40`.
der kurs kommt bis zur eröffnung runter.
schade aber so ist es.
profibulle

[spooky0815]

By: hotsearch $$$$
Reply To: 169493 by hotsearch $$$$ Monday, 19 Nov 2001 at 10:26 AM EST
Post # of 169496


A TALK WITH DR. PHAN
Last night, I called Hartcourt at 8:20pm, intending to leave a message for the CFO, Manu Ohri, to clarify for me some number in the 10Q. Surprisingly, Dr. Phan answered the phone and I had a chance to chat with THE MAN for 15 minutes or so. Here is my recollection of the talk. It might not be 100 percent accurate (however, as a young man, my memory is not that bad) and some of you might think I made it up. It’s up to you to decide (I don’t give a darn), but here it is:

Hot: Dr. Phan, when were you back and what are you doing there at this hour?
Doc: I got back on Friday and since it is Monday morning in China, I have some phone calls and other things to work with them.
Hot: How’s thing going with Hartcourt?
Doc: I am happy with progress, in terms of revenue growth, profit margins, working capital, M&A financing, and overall operations. There are a few minor challenges, but nothing big enough to cause any headache.
Hot: Are the spin-offs on schedule?
Doc: GTCI already sent out the proxy for shareholders’ approval, SRUN should do the same this week. AI-Asia ‘s deal will be announced soon.
Hot: If Hartcourt loses all of its subsidiaries’ revenue, does it make the company become weak and empty?
Doc: Hartcourt still maintains the majority stake in these new public companies, so it is likely that we shall be able to consolidate the financial statements; another advantage is we shall be able to book these companies’ assets at their market value, instead of our book value. In short, the spin-offs will not affect Hartcourt in any adverse way; only to add value to our financial strength, if these new entities could maintain a high market value of their own.
Hot: Will they be able to do that?
Doc: Of course, I cannot predict the market reaction. However, considering their small floats after the reverse split, we should be able to do well.
Hot: What are Hartcourt’s weakness right now? And its strength?
Doc: Hartcourt’s strength are numerous, but the biggest is the credibility we have established with the Chinese partners and customers. They see that most American and European companies are on a withdrawal mode following the tech melt-down. Yet, Hartcourt is moving forward and even expanding our investment and market position. It is quite impressive to them. Other strengths include our very healthy financial condition, our market position in China, our profit-oriented business models, and our excellent local management teams.
Our weakness is mainly on the share price: first, our float is too big and two, we haven’t got the institutional investors to come in. We ‘re already in the process to fix the first problem by spinning-off the ET, SB, AI into much smaller-float companies. We should let the world know how we are going to fix the second problem in a few weeks.
Hot: Are you still planning to retire from Hartcourt by year-end?
Doc: My 5-year employment contract will expire on 12/31/01. I cannot tell you if it is going to be renewed or not. But I promised the shareholders that I will step down ONLY if we can find a better executive to replace me. Therefore, you should be happy that I retire soon, because it means a MUCH BETTER management team is coming to Hartcourt to take it to the next level.
Hot: How’s your tennis game?
Doc: It’s getting worse and worse. But once I have the time to fix it, I’ll beat the pants off kids like you.

[Sstocktrader]

Hallo.

Auf Yahoo Finance gibt es neuerdings ? einen Resaerch-Report zu "kaufen".

MfG Sstocktrader... .

[spooky0815]

Guten Abend allerseits,

wenn man an die Echtheit dieses Telefonates mit dem Doc. Phan glaubt, kann man u.a. folgendes lesen:

"....and two, we haven’t got the institutional investors to come in.We should let the world know how we are going to fix the second problem in a few weeks. ..."


1)
Bei Hartcourt wurde auf den Beitritt Chinas in die WTO hingearbeitet.......schon lange......!

2.)
Meiner Meinung nach sollte die fehlende Rechtssicherheit jetzt gegeben sein, was die großen Investoren sicherlich abgeschreckt hat........

3.)
Mitte Dezember greifen m.E. die neuen Gesetze......noch einige Wochen.....!

4.)
Denkt was Ihr wollt...!!!...aber wenn das hier was wird bin ich dabei.........!!


gruß
spooky

[spooky0815]

is natürlich Quatsch....

"wenn man an die Echtheit dieses Telefonates mit dem Doc. Phan glaubt, kann man u.a. folgendes lesen:"

...die, die nich dran glauben können das natürlich auch lesen, vorausgesetzt die können lesen....

[spooky0815]

Tuesday November 20, 3:00 am Eastern Time

Press Release

SOURCE: Hartcourt Companies, Inc.

Hartcourt `s Subsidiary, LogicSpace, Launches `Tutor
Online`

New Radio Television Hong Kong `Tutor Online` Program Enhances E-learning
Success for Students

HONG KONG, Nov. 20 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC: HRCT; Frankfurt: HCT),
www.hartcourt.com, today announced that its wholly-owned subsidiary, LogicSpace Ltd., has launched ``Tutor
Online`` for Radio Television Hong Kong (RTHK)`s cyber-learning website, www.eTVonline.tv . LogicSpace is
an operating company of AI-Asia, Hartcourt`s media services division.

Since the 1970s, RTHK and the Education Department of Hong Kong have been cooperating in producing
numerous educational television programs for primary and secondary students of Hong Kong. A recognized
industry innovator, RTHK deploys advanced IT and streaming technology with the launch of
http://www.etvonline.tv . This is an important breakthrough from conventional forms of education, as Hong
Kong and global internet students can access RTHK`s ``always on`` programs from any location. With the
technical assistance of LogicSpace ``Tutor Online`` is webcasted live and teachers can interact with students live
anywhere, anytime using an ICQ version chat forum to solve their problems interactively with an electronic
whiteboard.

Mr. Alan Chow, CEO of LogicSpace, stated, ``There are many innovative technologies engineered into `Tutor
Online.` We integrated streaming video, a chat room and an interactive white board together, to provide a
superior education experience for the students of Hong Kong. This technology allows web teachers to
communicate with their students anywhere, anytime, breaking the conventional distance teaching barrier.
Furthermore, it is fun to use, and an ideal tool to attract the attention of students. This technology further
demonstrates LogicSpace`s leadership in streaming and internet technology. We anticipate the launch of `Tutor
Online` will advance HK`s online education programs to a higher level.``

About Radio Television Hong Kong

RTHK is the Government broadcaster in the HKSAR. Its primary obligation is to serve all audiences, including
special interest groups. Its mission is to provide diversified radio and television services that are distinctive and
of high quality, in news and current affairs, arts, culture and education. RTHK is editorially independent and its productions guided by
professional standards enshrined in the RTHK Producers Guidelines.

About LogicSpace Ltd.

LogicSpace is a component of Hartcourt`s media services division, AI-Asia. LogicSpace provides comprehensive real-time audio and video delivery
(Streaming Media) solutions to businesses, professionals, organizations, web site owners and content publishers. LogicSpace`s powerful network
infrastructure enables it to stream superior-quality multimedia advertising, live event broadcasting and on-demand audio and video content over
the internet to target web-enabled audiences globally. For more info, please visit www.logicspace.com .

About AI-Asia

AI-Asia Inc. is a holding company created by Hartcourt to acquire assets and companies in the multi-media technology and services sector. Its
objective is to identify, develop, and maintain first-mover technologies, products and services for corporate and consumer internet deployment.
AI-Asia is providing its clientele with a comprehensive range of internet enabling solutions, preparing them to participate in the rapidly emerging
streaming and broadband communications revolution in Greater China.

About Hartcourt

The Hartcourt Companies is a holding and development enterprise that has built a broad network of Internet, media, and telecommunication
companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and
investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt`s operative
business strategy is designed to facilitate a series of venture spin-offs via IPO or public merger to fully realize the value of these assets for its
investors. For more info, please visit, www.hartcourt.com.

Forward-looking statements

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of The Private Securities Litigation
Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the
forward-looking statements, including, but not limited to, factors detailed in Hartcourt`s filings with the Securities and Exchange Commission
including recent filings of Forms 10-K and 10-Q.

For more information, please contact Mr. Paul Cheng of LogicSpace Ltd. at (852) 2412 2120.

SOURCE: Hartcourt Companies, Inc.

gruß
spooky

[spooky0815]

Guten Morgen,

auch hier nochmal kurz:

User "tetrahydrocannabinol" (THC) ist seit dem 12.11.01 jetzt User "spooky0815" (spooky). Der Grund für diese Umbenennung ist, daß ich auch in anderen Boards unter "spooky" aktiv bin.

GO HRCT!!

gruß
spooky

[spooky0815]

Financial Telecom, a Hartcourt Subsidiary, to Provide Content for Shanghai Net Bank`s Cable TV Programs
Updated: Tuesday, November 27, 2001

FTL Also Signs Agreement to Provide Data for Mobile Phone Network and Wireless PDA of Wise Spot (HK)
LOS ANGELES, Nov. 27 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: 900009), www.hartcourt.com, announced today that its Hong Kong subsidiary, Financial Telecom Ltd. (FTL), http://www.fintel.com, has signed an agreement to provide financial data and reports to Shanghai Net Bank, Ltd. Shanghai Net Bank has a contract with Shenzhen Cable Broadcasting & CATV to operate a daily show on financial matters. FTL has also signed a contract with Wise Spot to provide similar services for the Wise Spot network of mobile phones and wireless PDA.


The FTL data feed will include real time quotes, news, indicators, charts, commentary, and expert analysis of all data and information related to the Hong Kong Stock Exchange, Hong Kong Futures Exchange, and Foreign Exchange Spot rates.

Mr. Stephen Tang, CEO of FTL comments, "Sinobull Financial Group continues to develop its position as a premier financial information and service provider for leading institutions and retail investors. As China enters the WTO and creates new opportunities, we are actively pursuing and developing new markets. Shenzhen Cable TV Broadcasting and Wise Spot`s wireless network represent the first, of what we anticipate will be many, additional long-term clients for our rapidly expanding Sinobull operations."

On 2 October 2001, Hartcourt announced that it will publicly divest its Sinobull Financial Group subsidiary in a reverse merger with Global Telephone Communications Inc. (OTC Bulletin Board: GTCI). The reverse merger will result in Sinobull Financial Group actively trading on the U.S. equity markets. After all necessary approvals, GTCI`s ticker and name will change to become Sinobull. Hartcourt targets the completion of all the merger requirements during the fourth quarter and will maintain a majority interest in the new public company.

For details on Sinobull Financial Group, please visit, www.sinobullfinancial.com.

About Hartcourt


The Hartcourt Companies is a holding and development enterprise that has built a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt`s operative business strategy is designed to facilitate a series of venture divestitures via IPO or public merger to fully realize the value of these assets for its investors. Detailed information on Hartcourt can be obtained via the company`s Web site: www.hartcourt.com.

About Sinobull Financial Group


Sinobull Financial Group develops financial technology, financial operating platforms and internet-based financial services. Sinobull`s operating companies include: Shanghai Sinobull Information Company Ltd. (formerly Guo Mao Science & Technology), Sinobull Network Technology (formerly Shangdi Networks), Financial Telecom Ltd Fintel wireless Ltd., Ton Bo software, HCTV Financial TV channel Ltd. and Sinobull Magazine Ltd. Sinobull.com is a financial information and stock trading website. Sinobull Group and its strategic partners provide news, data and analysis to the business community and media outlets. Services include; real-time pricing, historical pricing, indicative data, analytics and electronic communications. Clients include China`s investment institutions, commercial banks, government offices and agencies, corporations, and news/media organizations. www.sinobullfinancial.com

Forward-looking statements


This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including, but not limited to, factors detailed in Hartcourt`s filings with the Securities and Exchange Commission including recent filings of Forms 10-K and 10-Q.

For further information, please contact Mr. Manu Ohri of The Hartcourt Companies, Inc., [phone], ext. 207.

MAKE YOUR OPINION COUNT - Click Here

http://tbutton.prnewswire.com/prn/11690X52001113

SOURCE The Hartcourt Companies, Inc.

CONTACT: Mr. Manu Ohri of The Hartcourt Companies, Inc., [phone], ext. 207

gruß
spooky

[traumsuse]

Guten Morgen,
die armen User hier, die nicht so firm in Englisch sind, sollten doch auch einmal etwas erfahren, denke ich.
Also die letzte Meldung gekürzt auf deutsch:

Eine Tochter von Hartcourt zu Sinobull gehörend, Financial Telecom (FTL), http://www.fintel.com , hat mit Shanghai Net Bank eine Übereinkunft getroffen, Finanzdaten und Nachrichten zur Verfügung zu stellen. Diese Bank hat einen Vertrag mit einer Fernsehanstalt, Shenzhen Cable, diese Daten zu veröffentlichen. FTL schloss ausserdem einen Vertrag mit Wise Spot über ähnliche Dienstleistung im Handy und Radiobereich.

FTL bietet alles, was Bloomberg, W.O usw auch bieten, auch Realtimekurse, für HongKongBörse und ausländische Börsen.


Sinobull will der Top Finanz Informations und Service Anbieter werden. Shenzen TV und Wise Spot sind die ersten Langzeitkunden, aber nicht die letzten.


Das war das Wichtigste,
Gruss,
T.

[spooky0815]

Moin traumsuse,

vielen Dank für die Übersetzung!

Hier nochmal kurz die letzten Bekanntmachungen/Beteiligungen allein des letzten halben Jahres(denke das zeigt ganz gut, welch fantastische Arbeit hier geleistet wird!):

11/27/01: Financial Telecom, a Hartcourt Subsidiary, to Provide Content for Shanghai Net Bank`s Cable TV Programs
10/02/01: SinoBull to Merge With Global Telephone Communications (GTCI)
08/02/01: HC Financial TV Ltd, a Hartcourt Subsidiary, Starts Its Operation
07/27/01: SinoBull Info Signs Joint Venture with China`s Bank of Communications
07/16/01: SinoBull Provides Content to Leading WAP/SMS Wireless Operator, YesMobile
07/11/01: Sinobull Information Completes the Acquisition of Ton Bo Software
07/09/01: Equis Intl Enters Greater China via Marketing Agreement with SinoBull
06/20/01: Yahoo!China and Sinobull Launch New `Stock Forum` Program
06/12/01: Sinobull and Equis, a Reuters Company, Form Marketing Alliance for China



...und das ganze geht ja erst noch richtig los!

gruß
spooky

[spooky0815]

....und nochmal zusammengefasst!

Die SINOBULL FINANCIAL GROUP besteht aus:

Financial Telecom Ltd.
HC Financial TV
Guo Mao Financial Group
Shangdi Networks
UAC Online Stock Trading
Sinobull.com
Wind Info
Fintel Wireless


Die strategischen Partnerschften von Sinobull:

1. Equis/Reuters
2. Yahoo! China
3. Microsoft
4. IBM
5. HP
6. China Telecom
7. Legend
8. China Cable Network
9. People`s Daily
10. SIFTT/Nokia
11. Innostar
12. China Info
13. China Securities
14. Emperor Group
15. Liu Chong Hing bank
16. Jiao Tong University
17. Cal State University of Fullerton
18. Bank Of Communications


Ab 02.01.02 Wird SINOBULL an der OTC nach dem Zusammenschluß mit GLOBAL TELEPHONE COMMUNICATION (OTC BB: Domestic:GTCI) auch unter SINOBULL gehandelt.

gruß
spooky

[spooky0815]

....und jetzt schaut euch mal die Produktpalette von Bloomberg an und vergleicht mal, was SINOBULL auch davon im Programm hat :

http://www.bloomberg.com/de/products/prod1.html


spooky

[spooky0815]

Hartcourt-Tochter beliefert TV-Sendung

28.11.2001

Die Hartcourt-Tochter Financial Telecom (FTL) gab am Dienstag bekannt, einen Vertrag mit der Shanghai Net Bank unterzeichnet zu haben. Demnach wird FTL dem Institut Finanzdaten und Berichte zur Verfügung stellen. Die Shanghai Net Bank wiederum produziert eine tägliche Börsensendung auf dem Fernsehsender Shenzhen Cable Broadcasting. Die dafür notwendigen Kursdaten, Nachrichten, Charts, Kommentare und Analysen werden zukünftig von FTL kommen.


Quelle: www.dieteleboerse.de

[MeinHerr]

Bisher habe ich HRCT befürwortet, jetzt sieht es anders aus.


Meine Meinung: STRONG SELL !!
VERKAUFEN und raus bleiben !!


Denn:
=====

Nach den ganzen Diskusionen und angeblichen Vorhaben von Phan und Co. ist es momentan viel zu riskant, um einzusteigen. Ich habe mir die letzten Meldungen der letzten Tage mal sehr intensiv durchgelesen und auch in den USA-Boards herumgestöbert.

Verblüffendes Ergebnis: HRCT wird zuviel gepuscht und es wird zuviel bla bla daherum gemacht. Egal welche guten News auch immer auftauchen, zum Kursansprung reicht es beiweitem nicht aus, denn alles was HRCT angeleihert hat, kostet den Laden auch erstmal eine Stange Geld. Dies will auch wieder verdient werden.

Auf laaaange Jahre mag HRCT ja was werden, aber in den nächsten 1 - 2 Jahren tut sich da überhaupt nichts.

Also: Verkaufen, denn in dieser Zeit kann man mit seinem Geld besseres anfangen !! Es bringt keinem was, wenn man in einem Wert investiert ist, in dem die scheiß Basher ihr Unwesen treiben und uns seriösen Anleger über den Tisch ziehen.

Ich bin ausgestiegen !!
=======================

Gruß an alle, die es besser wissen (wieder mal besser wissen) ..

MH

[spooky0815]

MeinHerr,

wie schnell sich das alles ändern kann, erst long, dann ....STRONG SELL!!VERKAUFEN und raus bleiben !!

Ich hätte mir ja auch gewünscht, daß Hartcourt schon jetzt bei ?€ steht und ich zähle mich auch zu den seriösen Anlegern, wenns denn sowas giebt, und das gebashe stört mich genauso aber was will man machen...?

Hab mir sogar ´nen Rüffel eingefangen, weil mir das gesülze so auf´n Keks geht: "Dear spooky0815, This is an official warning that you have violated Raging Bull`s Terms of Service as detailed below: Vulgarity ..." Hilft ja auch nix!

Das das in den nächsten 1-2 Jahren nix wird, würde ich nicht beschreien...

"The FTL data feed will include real time quotes, news, indicators, charts, commentary, and expert analysis of all data and information related to the Hong Kong Stock Exchange, Hong Kong Futures Exchange, and Foreign Exchange Spot rates. "

...gerade die letzte Meldung zeigt, daß was Sinobull eigentlich machen wird, nämlich Finanzdienstleitungen in verschiedensten Geschäftfeldern, mit TV-Programm, monatlichem Magazin, Pagerdiensten, usw. "an den Mann" zu bringen, angenommen wird. Und ich sehe die letze Meldung eigentlich als Bestätigung, daß tatsächlich etwas in diese Richtung geschieht, was ja auch lange Zeit angezweifelt wurde. Denn keiner konnte wirklich "kontrollieren", was da am anderem Ende der Welt passiert?

Im Hinblick auf HC Financial TV mit Start 1Q/02 kann das nur die Generalprobe sein. Weiter sollte man die beiden Merger positiv sehen, denn evtl. Manipulation wird dadurch erschwert. Alles im allem bin ich positiver eingestellt den je!

Und wenn Du viel auf den Ami-boards warst, hast Du neben stumpfen Palolen vielleicht auch die "Finanznachrichten" eines chinesischem Boardteilnehmers gelesen, mit täglichen News aus Wirtschaft und Politik mit rasanten Entwicklungen und Fortschritten, das sollte auch erwähnt werden, unabhängig von Hartcourt!

...und das ist gut das alle wissen, das du "raus" bist, war ja auch laut genug, aber...

Ich bleibe investiert!!!
===================

keep the faith!!

gruß
spooky

[DGromm]

Im Grunde genommen hat "MeinHerr" recht, HRCT ist und bleibt ein Long-Wert. Zwar wünscht sich jeder eine Ralley aber hier ist der Wunsch der Vater des Gedanken. Rein nüchtern uns sachlich betrachtet, schätzen die meisten, die sich mit HRCT beschaäftigt haben, diesen Wert so ein, daß er wirklich eine gewisse Zeit benötigt, um sich zu entwickeln, bevor der Kurs sich in Richtung Norden bewegt.

Es gab in diesem Jahr genügend Werte, die gutes Geld, trotz der schlechten Börsensituation, einbrachten. HRCT als Unternehmen, das sich in China etablieren will, hat noch einen langen weiten Weg vor sich. Dies sollte jedem klar sein, der in diesem Wert investiert ist.

Leider wird hier viel Geduld erforderlich sein. Wie sagte Kostolani doch ?

Einfach ein paar Jahre liegenlassen. So betrachtet hat "MeinHerr" schon Recht, denn in deiser Zeit, bevor HRCT loslegt, kann man wesentlich mehr aus seinem Geld machen. Einsteigen kann man dann später auch wieder.

[spooky0815]

Natürlich hat MeinHerr recht,

wenn er sagt, daß viel gebasht UND auch gepusht wird, natürlich ist das eine Langfristanlage, natürlich ist ein Wert, der an der OTC gehandelt wird, risikobehaftet wie sonst nur was(wobei hier schon wieder Abstriche gemacht werden sollten), aber was ich nicht ganz verstehe, ist das vor genau einem Monat, nämlich am 28.10.01 13:03:12 MeinHerr in diesem Thread sagt:

"Wer jetzt noch nicht kappiert hat, daß diese Entwicklung wirklich mehr als positiv ist, der sollte sein Geld in die Matratze stecken......"

...Ist doch schon ein riesen Schritt zur Richtung STRONG SELL...Und wenn "die scheiß Basher ihr Unwesen treiben und uns seriösen Anleger über den Tisch ziehen", und dann auch noch verkauft wird, giebts nur einen Gewinner, und das ist NICHT der seriöse Anleger...

Jeder ist sich selbst der Nächste und muß objektiv für sich selber entscheiden, ob man es besser weiß oder eben auch nicht....

....in diesem Sinne

spooky

[spooky0815]

Wednesday December 5, 4:00 am Eastern Time
Press Release
SOURCE: The Hartcourt Companies, Inc.
Hartcourt`s Chairman to Donate 5 Million Shares to Company
LOS ANGELES, Dec. 5 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: 900009), www.hartcourt.com , announced today that its Chairman, Dr. Alan Phan, has agreed to donate 5 Million common shares of Hartcourt to the company for its own use. This gift from Dr. Phan will enable Hartcourt to reduce its outstanding shares and allow the company to record an extraordinary gain. The gain will be determined by the market price on the dates in which the shares are received.

Mr. Manu Ohri, CFO of Hartcourt commented; ``Dr. Phan`s extremely generous decision to gift 5 million shares back to Hartcourt will allow the company to book extraordinary gain, reduce the outstanding shares available to the markets by 6.5% and provide additional flexibility for fund raising and further acquisitions. On behalf of the company and its shareholders, I would like to thank Dr. Phan for this amazing gift.``

Dr. Phan said, ``Nobody deserves this gift more than the loyal Hartcourt shareholders who have supported the management solidly throughout the good times and the bad times. I have always maintained that money is not my motivation for working hard to make Hartcourt become the leading company in the financial and hi-tech industries of China. In the past two years, Hartcourt has achieved remarkable progress in the face of extremely unfavorable business climate. We have added important assets and advanced technological capabilities in all four operating divisions, made significant improvement in our fundamentals and established excellent new government and institutional relationships, resulting in a number of additional licenses and contracts for our businesses. This success alone is the biggest satisfaction of my career.``

About Hartcourt

The Hartcourt Companies is a holding and development enterprise that is building a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt`s operative business strategy is designed to facilitate a series of venture divestitures via IPO or public merger in its four main divisions to fully realize the value of these assets for its investors; Sinobull Financial Group, Media Services Group, Broadband/Telecommunications Group and E-learning Group.

About Sinobull Financial Group

Sinobull Financial Group is a financial data provider and technology developer. Sinobull`s operating companies include: Shanghai Sinobull Information Company Ltd. (formerly Guo Mao Science & Technology), Sinobull Network Technology (formerly Shangdi Networks), Financial Telecom Ltd, Fintel Wireless Ltd., Ton Bo software, HCTV Financial TV channel Ltd. and Sinobull Magazine Ltd. Sinobull.com is a financial information and stock trading website complementing Sinobull Group`s product and service offerings. The companies in the Group provide news, data and analysis to the business community and media outlets; real-time pricing, historical pricing, indicative data, analytics and electronic communications. Clients include China`s investment institutions, commercial banks, government offices and agencies, corporations, and news/media organizations. Details on Sinobull Financial Group could be found at www.sinobullfinancial.com .

About ElephantTalk

Based in Hong Kong, ElephantTalk is one of the leading international long-distance service providers to Hong Kong and portions of China. Established in 1995, it holds a number of licenses including US FCC 214, HK ETS and ISP PNETS allowing it to provide voice, data transmission like IDD, pre-paid calling card and ISP services. Its customers include major telecom carriers based in the U.S. and Hong Kong. Additional information regarding ElephantTalk can be found at www.elephanttalk.com .

About AI-Asia

AI-Asia Inc. is a holding company created by Hartcourt to acquire assets and companies in the multi-media technology and services sector. Its objective is to identify, develop, and maintain first-mover technologies, products and services for corporate and consumer Internet deployment. AI-Asia plans to provide its clientele with a comprehensive range of Internet enabling solutions, preparing them to participate in the rapidly emerging streaming and broadband communications revolution. Operating companies include: Streaming Asia, Logicspace, Syndicate Asia, V2 Technology and Control Tech Centenary Group Ltd., with an investment in Total System Solutions (TSS) and Empact Technologies Inc.

About E-Learning

This program has been formulated as a joint effort of Hartcourt, California State University at Fullerton and Northern JiaoTong University of Beijing. The E-Learning program is designed as an expanding multi-discipline program that initially features American-standard Management and IT courses for China`s entrepreneurs.

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.

For further information please contact: Manu Ohri of The Hartcourt Companies, [phone], ext. 207, [e-mail].

SOURCE: The Hartcourt Companies, Inc.

[spooky0815]

Dr. Wallace Ching to Be Hartcourt`s President and CEO; Hartcourt Capital
Plans to Launch a China Venture Fund in July 2002

LOS ANGELES, Dec 11, 2001 /PRNewswire via COMTEX/ -- The Hartcourt Companies,
Inc. (OTC Bulletin Board: HRCT; Frankfurt: 900009), www.hartcourt.com, announced
today that its Board of Directors have selected and appointed Dr. Wallace Ching
as President and Chief Executive Officer effective January 1st, 2002. Dr. Ching
will replace Dr. Alan Phan whose employment contract will be expired on the same
date. Dr. Phan will remain as Hartcourt`s Chairman and Director until his term
ends in June 30th, 2002.

Capitalizing on Dr. Ching`s connection with the institutional investors in Hong
Kong, Hartcourt Capital Inc., a wholly-owned subsidiary of Hartcourt, is
planning to launch a China Venture Fund to fully exploit the opportunities
presented by the opening of the China`s financial markets after WTO. Dr. Ching,
a well-known expert on Asia`s asset fund management, will also be the CEO of
Hartcourt Capital Inc.

Dr. Wallace Ching, a Chartered Financial Analyst, is a graduate of Oxford
University in England and obtained his Ph.D. at the University of Pennsylvania
in the US. Prior to joining Hartcourt, he was Director of PAMA Group in Hong
Kong, the former Asian private equity arm of Prudential Insurance. His
experience also includes employment at HSBC (Hong Kong And Shanghai Bank Corp)
Private Equity in Hong Kong and Goldman Sachs in New York.

Dr. Phan comments, "I would like to welcome Dr. Ching to the Hartcourt team. Dr.
Ching is the ideal candidate to continue our tradition of success and to take
Hartcourt to the next level. His skills and experience with entrepreneurs,
technology, and developing businesses match the needs of our companies
perfectly. His strong relationships in China and especially with institutional
investors provide access to the capital resources and partnership alliances
Hartcourt will require to continue our expansion in Greater China, the world`s
largest consumer and corporate markets."

Dr. Ching said, "I am honored to follow the footsteps of Dr. Phan in leading
Hartcourt toward the successful completion of our corporate mission. This is an
exciting and rewarding time to be building a business in China. In a market that
presents tremendous opportunities, it is my goal to position Hartcourt to
capitalize on these opportunities, especially in this post-WTO era. I look
forward to the responsibility of guiding Hartcourt and providing our management
teams with my experience and commitment, in the ongoing effort to increase
shareholder value as we develop the full potential of the Hartcourt
organization"

About Dr. Wallace Ching

-- Dr. Ching holds a Bachelor of Arts degree in engineering science with first
class honors from Oxford University, England, and a Ph.D. in computer and
information science from the University of Pennsylvania, United States.


-- A Chartered Financial Analyst
-- Currently serves as Director of PAMA Group (Hong Kong) Limited,
formerly known as Prudential Asset Management Asia Limited, and is in
charge of technology-related investment activities. He is responsible
for originating, evaluating, structuring and completing private equity
and venture capital investment with a technology focus in the Asia
Pacific region.
-- Dr. Ching is also an Assessor of the Small Entrepreneur Research
Program ("SERAP") under the Innovation and Technology commission of the
Hong Kong Government.
-- From 1995 to 1998, Dr. Ching worked for HSBC Private Equity Management
Limited as an Associate Director and was responsible for originating,
evaluating and executing investment transactions and monitoring
investments for regional private equity funds. From 1993 to 1995, Dr.
Ching worked for HSBC Asset Management Hong Kong Limited as an
Investment Manager. Prior to joining HSBC, he worked for Goldman Sachs
& Co. as a fixed income research associate. The HSBC Group is named
after its founding member, The Hongkong and Shanghai Banking
Corporation Limited, which was established in 1865. HSBC Holdings PLC
is one of the largest banking and financial services organizations in
the world with 6,500 offices in 79 countries and territories.

About Hartcourt

The Hartcourt Companies is a holding and development enterprise that is building
a broad network of Internet, media, and telecommunication companies in Greater
China. In partnership with leading Chinese entrepreneurs and
government-sponsored entities, Hartcourt is developing and investing in emerging
technologies while building an integrated commercial framework for its
subsidiaries and their partners. Hartcourt`s operative business strategy is
designed to facilitate a series of venture divestitures via IPO or public merger
in its four main divisions to fully realize the value of these assets for its
investors.

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.

For further information please contact: Manu Ohri of The Hartcourt Companies,
[phone] Ext 207 Email: [e-mail]

[spooky0815]

By: hotsearch Reply To: 172370 by hotsearch
Tuesday, 11 Dec 2001 at 11:30 PM EST Post # of 172403


MY TAKE ON TODAY`S NEWS:
THE GOOD, THE BAD, THE UGLY of Dr. Ching’s appointment:
THE GOOD:
1. Dr. Ching has a solid educational background (even though he bought his degrees at a diploma mill, LOL) and has been working with brand-name banking firms (Goldman Sachs, HongKong Shanghai Bank Corp, Prudential). Hartcourt cannot ask for a better CEO with such qualifications;
2. The biggest gift he can bring to HRCT shareholders is the connection with INSTITUTIONAL investors. Hartcourt will be in a different league when its shareholders have global brand-name and power.
3. At the very least, when he starts the China Venture Fund (normally at a minimum of $50 Million) Hartcourt’s need for equity capital to expand will be satisfied;
4. Based in Hong Kong and with his past experience in dealing with Chinese technology companies, Dr. Ching will be in a familiar territory and won’t need any warm-up period. He will hit the ground running;
5. From my personal research (a few long distance calls, actually), Dr.Ching comes from a rich and famous family in Hong Kong. It’s a small community where everyone knows each other: the result is that we will finally have the elite Hong Kong investors jumping in and out of our stock. A warning to the MM shorters: be afraid, very afraid.
6. The passing of the torch from Dr. Phan to Dr. Ching means that the start-up era of Hartcourt is over. It signifies the NEW Hartcourt, the grown-up Hartcourt, with the support of a new group of shareholders: the steady serious boring fund managers and their accountants. These guys don’t like the wild fluctuation of their portfolio, they will do their best to calm the waters and kill the shorters;
7. Dr. Ching offers the best chance for Hartcourt to be admitted to Nasdaq, thanks to the support of his big institutional investors;
8. With his ability to raise money much more easily, Dr. Ching and the new Hartcourt will do BIGGER deals: the company will grow faster in terms of revenue and profit;
9. The rich and the famous live and do business in their own circle: expect to see more brand-name STRATEGIC PARTNERS;
10. His background is very strong on FINANCIAL market, so expect Hartcourt Capital to be the cornerstone of the new Hartcourt (not E-education);
11. Most importantly, when a Financial Analyst who graduated from Oxford and U of Penn, a Ph. D. (Floydie is going to check on this,LOL) who works for Prudential and Goldman Sachs agreed to become the CEO of Hartcourt, it means ONLY ONE thing: he sees the tangible and intangible assets of Hartcourt as we see it: SOLID FUNDAMENTALS, EXCITING BUSINESS MODEL and MONSTROUS OPPORTUNITIES for expansion in the greatest market of the world;
12. OK, here I am pumped: Dr. Ching is the BEST man for the BEST job in the BEST company of the next 20 years.

THE BAD:

1. We will miss Dr. Phan dearly: he is a colorful person, with a colorful character and experience, runs his company with a colorful attitude. The passion of the dream will be replaced by the boredom of steady growth and progress; the generosity of Dr. Phan will become a distant memory, as the new investors will likely to be as greedy as any bashard here;
2. As the institutional investors are taking over, most Hartcourt longs would probably be gone within 6 months. Our HRCT family is splitting up;
3. We will not have the wild ride of share price on a daily basis: daytraders and shorters will soon be out of a job. We will miss Floydie and his sidekick, OC Earnie. I can no longer make quick buck, piggybacking on their posts.

THE UGLY:

1. It would take about 6 months for Dr. Ching and his institutional investors to solidify their position. Meanwhile, we still have to face with the POS like Floydie the Monkey and OC the Cockroach and Xecc22 the Idiot Wannabe. These guys can pee on your parade very quickly on a daily basis.
2. If the institutional investors want to come in, they might do some dirty tricks themselves to buy up the CHEAP shares: they might send in a few more cockroaches of their own. People do anything for the money.

CONCLUSION:

There won’t be much change for another 6 months as Dr. Ching and his supporters are preparing for the NEW Hartcourt. However, after 6 months, Hartcourt will be an entirely different company, more respected, more powerful, more conventional and more boring.
That’s all folks, and that’s is IMHO only.


gruß
spooky

[spooky0815]

China Securities plans joint venture brokerage


BEIJING, Dec 12 (Reuters) - China Securities Co is in talks with major foreign investment banks on setting up a brokerage and separate fund management firm to bolster its competitive position now that China is a WTO member, a top executive said on Wednesday.

The country`s fourth-largest brokerage was negotiating with several investment banks -- including UBS Warburg, Deutsche Bank AG and Goldman Sachs -- and would choose one joint venture partner, executive vice president Ling Xinyuan told Reuters.

China, which joined the World Trade Organisation on Tuesday, has pledged to allow joint venture brokerages within three years of entry and joint venture fund management firms immediately upon accession.

"China Securities wants to choose a partner with which we can form a joint venture asset management firm and a joint venture securities firm eventually," Ling said in an interview.

"We are looking for a long-term partner," he said.

Foreign investors would bring experience in risk management and help the company increase its ability to trade derivatives and other innovative products, Ling said.

Beijing-based China Securities aimed to expand its share capital to 3.0-4.0 billion yuan ($363 million to $483 million) from 1.0 billion yuan by early next year, he said.

The shares would be placed with domestic firms.

STOCK LISTING PLANNED

A listing on the domestic stock market was a long-term goal for China Securities, but going public was not urgent, Ling said.

Only a handful of Chinese financial institutions are listed on the A share market, reserved for domestic investors, including three banks -- Pudong Development , Shenzhen Development and Minsheng .

China Securities aimed to set up the joint venture fund management company next year. Beijing has yet to announce rules for such ventures, which has delayed their establishment.

China will let foreign firms take up to 33 percent in joint ventures fund management firms upon WTO entry and 49 precent after three years. They will be allowed to own up to one-third of joint venture brokerages.

The floundering stock market had cut into the company`s 2001 earnings, but Ling said he expected a market recovery next year after the government shelved a plan on selling state shares.

"Our profits this year will definitely be lower than last year, but we are still profitable," he said. The company made a pre-tax profit of 570 million yuan last year.

Selling down state shares "will definitely be carried out in a way acceptable by the market," Ling said. "I personally believe a plan will come out next year."

In October, the China Securities Regulatory Commission suspended a controversial selldown of state shareholdings to soothe investors and said it would revise implementation rules.

The scrapping of the selldown scheme was widely seen as a way for the regulator to soothe the nervous market.

($1=8.277 Yuan)

gruß
spooky

[spooky0815]

Los Angeles, CA. 12/11/00 -- The Hartcourt Companies, Inc. (OTC: HRCT, Frankfurt: HCT), www.hartcourt.com, an investment and development company focused on Internet infrastructure and content delivery, today announced that it will be hosting its first annual ``China High-Tech Development & Finance Conference`` at the Beijing Shangri-La Hotel on January 4th, 2001.
The conference is being designed to bring together over 150 participants representing established companies, small to medium sized high-tech start-ups, and other significant parties crucial to the entrepreneurial environment such as investment bankers, venture capitalists and institutional investors from Mainland China, Hong Kong and overseas for formal discussion and networking opportunities.
With China poised to become an increasingly important market for telecommunications, Internet and other high-tech enterprises, the forum will focus on the monetization of emerging Chinese technology companies. Presenters will cover topics including:

- Venture Capital Financing and Public Offerings;
- Business Valuations and Operational Assessment;
- Corporate Restructuring and Private Placements;
- Strategic Partnering, Strategic Planning, and Business Development; and
- Internet Advisory and Market Research
Hartcourt executives, Chairman Dr. Alan Phan and CEO Dr. Charlie Q. Yang, will also be hosting a gala banquet on the evening of January 3rd for the attending speakers and presenters at the Shangri-La where the invited guests of honor will include senior officials of China`s Peoples Congress, Central Governmental Ministries and the Deputy Mayor of Beijing.
The speakers scheduled to address the conferees include: Lee Boam, Minister-Counselor for Commercial Affairs, U.S. Embassy China; Harry Shum, Assistant Managing Director, Microsoft China; Alexander Yu, Chief Representative, Prudential Securities; Zhaopu Zhang, Director, UNIDO IPS-China; Davin Mackenzie, Managing Director, iVentures; Alan Phan, Chairman, Hartcourt Companies;

Wallace Ching, Director, Prudential Asset Management Asia (HK);

Daniel Wu, Vice President, Global Technology Group, Merrill Lynch Asia Pacific Ltd. (HK); and Christopher Corrado, First Vice President & CTO, Corporate Institutions Group, Merrill Lynch (New York).


expect the unexpected!!

gruß
spooky

[spooky0815]

Ooops, sorry, I see it`s a year late. eom.

[spooky0815]

nochwas zu #113 China Securities plans joint venture brokerage


Kreuzen sich da evtl. einige Wege??


Long Beach, CA. 01/14/00 -- The Hartcourt Companies, Inc. (OTC: HRCT, Frankfurt: HCT), www.hartcourt.com, announced today that its Chinese partner in Sinobull, Hua Xia Info (subsidiary of Hua Xia Securities - China Securities Co.), has launched a revolutionary set top box which will allow users to trade online, in addition to providing Internet access. The product was developed in partnership with Legend, the biggest computer maker in China and Microsoft (Nasdaq: MSFT) the world`s largest software company. .....


Long Beach, CA. 12/19/99 -- The Hartcourt Companies, Inc. (OTC: HRCT, Frankfurt: HCT), www.hartcourt.com, today announced that Sinobull.com has agreed to acquire 40 percent of Shangdi Network of Beijing. Shangdi is one of three owners of Hua Xia Info, the financial data arm of Hua Xia Securities, the second largest and best-known brokerage firm of China. Shangdi is also a major partner of Orient Financial Research, a respected stock research and analysis firm, in Shanghai.

....etwas später dann....

Dr. Alan Phan, Chairman and CEO of Hartcourt, said, "This is one of the most important components of our Sinobull.com formation. The market position of Hua Xia Securities in China is comparable to that of Merrill Lynch in the US. Hua Xia Info, with their financial reporters all over China and their own data broadcasting network via TV cable channel, is comparable to the Bloomberg network in the US. It is a major coup for Hartcourt.



Einfach mal wirken lassen.....und evtl. etwas weiter über den Tellerrand hinausschauen.

Erwarte das Unerwartete!

In diesem Sinne....
spooky

[spooky0815]

Aus´m RB:

Dear Shareholders:

The holiday season is with us again and I would like
to use this opportunity to wish you and your family
the Most Wonderful Christmas and the Most Successful
New Year of 2002. May Peace, Prosperity, Health and
Luck be your blessings in the days to come. May
Strength, Courage, Persistence and Patience always be
with you in time of challenges and difficulties.

Looking back at the last 12 months, I feel a great
pride in our achievements; yet, also a sense of
frustration over the share price. I have done my
best; and if my best is not enough to get your
investment where you want to it be, please accept my
sincere apology. A new management team is taking over,
and I do believe that they will be able to surpass my
achievements, and manage to bring HRCT share price to
the high level it deserves. Dr. Wallace Ching and his
institutional investors have the capability to do so
and I am sure that your 2002 Christmas will be the
time for a much happier and bigger celebration.

In this holy time, I would also like to ask you to
open your hearts and your pockets to give a little
something to the unlucky victims of the World Trade
Center attacks, of the Afghan war, of the degrading
Poverty and Hunger around the world. Thanks to them,
we know that how much we have been blessed with the
grace of God. Like a Chinese proverb said, ¡° If you
want happiness of a life time: help the next
generation.¡±

Finally, let me express our heart-felt gratitude for
your continuing support. You are the best shareholders
that any management team could dream of. Please extend
this support to Dr. Ching and his team. They are going
to make your dream come true.

Sincerely,

Dr. Alan V. Phan

[spooky0815]

Monday December 17, 9:31 am Eastern Time

Press Release

SOURCE: Global Telephone Communication, Inc.

GTCI Receives Shareholder Approval to Complete
Merger With Sinobull

VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 17, 2001--Global Telephone Communication, Inc. (OTCBB:GTCI
- news) is pleased to announce that the shareholders have passed all resolutions at the special meeting of the shareholders held on
December 14, 2001.

The Company received over 17,919,341 votes from shareholders, representing 57.9% of the total shares outstanding, in favor of
the merger with Sinobull Financial Group. The merger is anticipated to close on January 15, 2002.

``GTCI has been given a tremendous opportunity to merge with an established company with a proven track record and an
exciting growth potential which will result in a new era of generating increasing valuation for GTCI`s shareholders.``

About Sinobull Financial Group

The Sinobull Group has been in business for sixteen years and is a leading financial content provider, develops technologically
advanced financial services platforms and operates a financial internet portal. The Sinobull Financial Group provides; news, data,
financial analysis, real-time pricing, historical pricing, indicative data, and wireless communications technology to the Greater China
business community and media outlets. Providing financial services for; China`s investment institutions, commercial banks,
government offices and agencies, corporations, and news/media organizations.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and
section 21E of the Securities and Exchange Act of 1934 and is subject to safe harbor created by these sections. Actual results,
performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve
numerous risks and uncertainties, including the Company`s ability to market its goods and services and future customer acceptance
for these goods and services.

[spooky0815]

FIRST LETTER FROM OUR NEW CEO, DR. WALLACE CHING:
Dear XXX,

Thanks for being such a supportive shareholder to Hartcourt all along.

I would appreciate your understanding in my being slience since the announcement because officially I am still winding up my duties at Prudential here, and would not be considered too appropriate if I am already speaking up as a Hartcourt person, even though I am already spending a considerate amount of my time in Hartcourt`s office.

Anyway, I can assure you that I will certainly try my best to create value for Hartcourt and its shareholders once I come fully on board starting January 2nd. I will present a letter to the shareholders as to the strategy and directions we have for the exciting new year. And of course, you know we can always count on our Chairman, Dr. Phan`s continuous support and guidance.

In the meantime, wish you have a very happy X`mas and New Year vacation!

Best regards,


Wallace Ching, PhD CFA
Director - Technology Investment
PAMA Group (HK) Ltd
Tel: [phone]
Fax: [phone] (Quelle:RB)


gruß
spooky

[spooky0815]

By: wallace_ching $$
24 Dec 2001, 06:49 AM EST Msg. 173137 of 173166

Merry X`mas and Happy New Year!

Dear HRCT shareholders and supporters,

How are you all doing? I have pretty much wound up my duties at PAMA (finally) and thought this may be a good time to say hello in an informal manner.

I will leave the discussion of Hartcourt`s strategy in my next shareholders` letter which should be out as soon as I come fully onboard starting Jan 2.

In the meantime, I just browsed thru the msg board and noticed that some of our friends here would like to know more about my background. So in order to save your time for digging, here is a quick summary of my bio: after finishing high school in Hong Kong, I got a scholarship that sent me straight to Oxford to study engineering. After graduation with First Class Honour, I went to UPenn to further my study in the area of robotics. I got a master degree in my first year there and graduated with a Phd in another 3 years (1992). Yes, the thesis titled "Motion Planning..... " as dug out by someone is done by me. My research has applications in robotics planning and computer graphics simulations. After that, I went straight to Wall Street working for Goldman Sachs` fixed income research dept. Then I came back to HK to work for HSBC group`s fund management and private equity/venture capital unit. Next I moved on to Prudential/PAMA in charge of its tech venture investment.

No, wallaceching.com is not my website, but probably some young folks in Hong Kong or Taiwan with the same name. The name is, as somebody pointed out, pretty common. If you type it in Google, you got at least three other Wallace Ching mentioned somewhere.

Anyway, I would like to thank you again for your support of Hartcourt and I certainly look forward to contribute my best to increase the value of Hartcourt for its shareholders.



...auch von mir frohe Weihnachten!!!

gruß
spooky

[spooky0815]

Hartcourt Companies Trading Higher

Ridgeland, MS, DEC 28, 2001 (EventX/Knobias.com via COMTEX) -- Hartcourt Companies Inc (OTCBB HRCT) is trading higher on higher than its average volume.

The company last issued news on December 11, when Dr. Wallace Ching was announced as President and CEO effective January 1, 2002.

The company last filed with the SEC on November 15, when an S-8 was filed, registering 1,600,000 shares under the 1995 Stock Option Plan, with the commission.

Hartcourt Companies, Inc. has been holding company that consolidates companies offering Internet and telecommunication services in The People`s Republic of China. The Company plans to create a Website and supporting utilities that will enable users to trade online stocks listed in Asian markets. The Website will be capable of providing real-time quotes, research, charts and information concerning stocks, bonds and currencies.


Date/Time of Daily Brief: 12-28-2001 10:50 ET Company: HRCT - Hartcourt Companies Inc Stock Price @ Publication: $ 0.375 Volume @ Publication: 393,800

KNOBIAS DISCLAIMER: Knobias has received no compensation from the Company or Companies mentioned in this story. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC.

ABOUT KNOBIAS: Knobias is the first and largest information repository of Outside Market intelligence and covers thousands of publicly traded small & microcap companies. Knobias consolidates, analyzes and markets fundamental research data while providing real-time market monitoring and surveillance. Using proprietary surveillance, Knobias sifts through thousands of stocks daily reporting on breaking news and unusual trading. Daily Briefs are published in real-time to inform investors on the story "behind the story".

For more information, or to receive these stories in real-time, visit: www.knobias.com

CONTACT: Knobias.com, LLC
601-978-3399
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[e-mail]
www.knobias.com

Copyright 2001 Knobias.com, LLC, All rights reserved.

***eom***


Ich wünsche allen Hartcourtlern ein guten Rutsch und ein erfolgreiches neues Jahr 2002!!

Viele Grüße
spooky

[spooky0815]

Bevor wir an das Jahr 2002 denken......

2001 wurden ca. 130 Threads mit über 5000 Beiträgen
zum Thema Hartcourt hier bei W:Ogesammelt!!!

Ich bedanke mich bei:

1077-11
2002buyer
abgenix
Aston Martin
batist
bödel
Brasil
BusterNo1
ChineseArtsCrafts
defcon5
defcon6
delacaja
DGromm
e.broker
Elitetrader
EmirAlibaba
flipflop
FLOTSAM_AND_JETSAM_US
frank2222
FrankieTheFly
Franz Beckenbauer
franzfinanz
FunArg
Georgina,Felicia
GoldenStock
Gonzo1
GünterGewürz
istoxx
juta,criminal,sisqu
Kassaman
kieI
l_o_g_o
Lloret
MeinHerr
Musky
netro
Netzero
projektionsmatrix
Q.
Rattlesnake
scarface3
scarface5
schokotrunk
sevim
shot99
sina5
Sinaa
so_what
sorry-baby
sowosch
spech
tangastuepsi
TheWorld
veco
Wallerholz

für die vielen informativen Beiträge,
die zahlreichen lächerlichen Beträge,
die häufigen aussagekräftgen Beiträge,
die weniger aussagekräftigen Beiträge,
für die freundlichen Beiträge,
und auch für die Beleidigungen, die hier gepostet wurden!

Ich hab mich hier teilweise köstlich amüsiert und ebensogut
informiert!! Auch in den ca. 3 Stunden, die ich eben
mit dem Lesen verbracht hebe.

Ich hoffe, daß ich niemanden vergessen habe! Einige
sind aufgrund von 2. und 3. ID´s sicher öfters dabei..

Interessant wäre es zu wissen, was mit denjenigen ist, die lange nix mehr zu Hartcourt gepostet haben. Auch hier ist
bestimmt der/die eine oder andere mit neuer ID dabei...


Abschließend wünsche ich allen, egal ob für oder wider,
einen guten Rutsch, ein erfolgreiches neues Jahr 2002
und vor allem Gesundheit.


Viele Grüße
spooky (ex THX)


...ach ja, am Montag wird in den USA noch gehandelt,
ich freu mich schon drauf!! Keep the Faith!!!