Ableauctions (AAC, 925879) - Hammer-Meldung!! - 500 Beiträge pro Seite

[gino]

Press Release Source: Ableauctions.com Inc.


Strong Performance Enables Ableauctions to Build Cash Reserve as It Targets $80B Market
Wednesday July 2, 9:00 am ET


FIFE, WASHINGTON--(MARKET WIRE)--Jul 2, 2003 -- Ableauctions.com Inc. (AMEX:AAC - News) (the "Company") announced today that the strong performance of the Company`s stock and its technology have enabled the Company eliminate all long term debt and build a $500,000 cash reserve in the second quarter alone. With strong contracts backing its technology and services, the company believes it can double its cash reserves and significantly increase the number of auctions it is scheduled to run before year end.
The multi-year auction broadcast agreements announced earlier by the Company translate into greater revenue for Ableauctions. The Company typically receives an upfront setup fee for each auction it facilitates and approximately 2% to 5% of the product sold over the Internet, plus additional service fees. The Company`s latest technology is directed at attaining a fraction of what it estimates is an $80 billion market. The Company expects to release its quarterly financials before August 15, 2003.

About Ableauctions.com

Ableauctions.com is a high-tech business-to-business and consumer auctioneer that conducts auctions live and simultaneously broadcasts them over the Internet. The Company liquidates a broad range of products including computers, electronics, office equipment, furniture and industrial equipment that are acquired through bankruptcies, insolvencies and defaults. For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information contact Investor Relations at 858-775-7962 or [e-mail].

About iCollector.com

ADVERTISEMENT


iCollector.com is the independent connection to the world`s auction houses. Founded in 1994, it was the first company dedicated to trading antiques, fine art and premium collectibles on the Internet. Today iCollector.com represents some of the world`s leading auction houses. Since January 2001, its alliance with eBay Live Auctions has resulted in hundreds of Live Auctions being broadcast in real-time, direct to the saleroom as the auction happens, selling tens of thousands of lots to many thousands of users online. With its unparalleled understanding and expertise in this sector, iCollector can help you to maximize your opportunities to find, buy or sell art, antiques and collectibles online.

This press release contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the performance of our auction houses, our ability to implement our inventory procurement strategy, general economic conditions, our ability to license our software to other auction houses, and other factors that are detailed in our Annual Report on Form 10-KSB filed with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results may differ materially from the Company`s expectations and estimates.



Contact:
Contact: Abdul Ladha
Voice: 604-805-4580
Fax: [phone]
Email: [e-mail]


--------------------------------------------------------------------------------
Source: Ableauctions.com Inc.


P.S.: Dieses Unternehmen scheint es wirklich geschafft zu haben!!

Gruß
gino

[fromToronto]

.






52 Wochen Tief= 0,04 Euro

Jetziger Kurs: 0,55

Kursanstieg: 1300 %


Da ist ertmal nur Luft nach unten!


.

[lux2001]

Falsch mein Lieber Toro ,luft nach oben und zwar gewaltig!


Salut

[joelu]

hallo lux2001

ich glaube auch, daß die davon ziehen werden. es kam eine serie von guten news und viele gewinnmitnahmen. wird diese firma neu bewertet werden müssen?

den $ sollten wir holen in den nächsten tagen...

[joelu]

Last 10 trades


Time Price Volume Exchange Info


10:41:14 0.740 1200 AMEX at Ask
10:40:45 0.740 4000 AMEX at Ask
10:40:29 0.740 3000 AMEX at Ask
10:40:28 0.740 1000 AMEX at Ask
10:39:39 0.740 8500 AMEX at Ask
10:38:46 0.740 1000 AMEX at Ask
10:38:03 0.740 500 AMEX at Ask
10:37:36 0.740 5000 AMEX at Ask
10:37:03 0.730 400 AMEX at Ask
10:36:47 0.730 10000 AMEX at Ask

[joelu]

gewinnmitnahmen beendet?

auf gehts!!!!!!!!!!!!!!

Time Price Volume Exchange Info


11:02:09 0.750 1000 AMEX at Ask
11:01:57 0.750 5000 AMEX at Ask
11:01:55 0.750 1000 AMEX at Ask
11:01:32 0.750 5000 AMEX at Ask
11:01:03 0.750 5000 AMEX at Ask
11:00:56 0.750 7200 AMEX at Ask
11:00:37 0.750 5800 AMEX at Ask
11:00:32 0.750 10000 AMEX at Ask
11:00:25 0.750 2000 AMEX at Ask
11:00:15 0.740 4000 Pacific at Bid

[joelu]

heftiger schlagabtausch heute

Last 10 trades


Time Price Volume Exchange Info


11:49:32 0.770 900 AMEX
11:49:31 0.770 300 AMEX
11:49:31 0.770 8200 AMEX at Ask
11:49:13 0.770 100 AMEX at Ask
11:48:54 0.770 3100 AMEX at Ask
11:48:21 0.770 10000 AMEX at Ask
11:47:43 0.770 600 AMEX at Ask
11:46:28 0.770 1000 AMEX at Ask
11:46:17 0.770 1200 AMEX at Ask
11:45:57 0.760 3900 AMEX at Bid

[lux2001]

Man munkelt ( rumors ) im yahoo-board von einer möglichen Übernahme durch EBAY.
Ich denke hier werden wir ein paar Dollar sehen,very soon.



Salut

[joelu]

lux - hast du das wirklich gehört oder nur deine eigene vermutung`?

[joelu]

noch ist hier wenig los!!!!

sollte der kurs heute weiter steigen, kommt richtig leben in die bude!!!

von übernahme konnte ich nichts lesen, die stimmungen sind aber durchweg positiv, den $ werden wir bakd haben, da bin ich mir sicher!!!!

[lux2001]

General : EBAY AND AAC RUMORS

(Original Message) Sent: 07/02/2003 4:46 PM
Just received an interesting email from someone in BC telling me that they heard that Ebay was looking at buying AAC. I have not heard this rumor before and was wondering if anyone had heard anything of the sort? I know the two have a great relationship, but I did not think of AAC being aquired by Ebay before. Nevertheless, the proxy statement I received dated June 5, 2003 did indicate a proposal (#3).... to allow the Board of Directors to act in their descretion to facilitate an aquisition or a merger...... Anyways, that is where I think the rumor is comming from . I would not rule out this possibilty but it is a rumor nonetheless.

Salut

[lux2001]

Wenn das stimmt,na denn...

27 PM
The more deals that AAC keeps making indicate increased revenues. My last estimate was for AAC to be at $1.42 within 90 days, this is now my 5 day target price considering the high of $1.14 this past week. My actual targets for the stock are based upon projected EPS, revenues, and the PE ratio with consideration to indicated revenues.

Target price for AAC by July 3, 2003 is $1.60

Target Price for AAC by July 10, 2003 is $2.00-$2.10

Because of the huge amounts of new contracts AAC has been announcing, I do not want to go out past July 10. If they continue to make similar large scale agreements, then this stock trading at $10 within 90 days is a clear possibility. My ranges are on the modest side and reflect what may occur as an intra-day high. Profit taking is always an issue. While I am with AAC for the long road trip ahead, many are buying and selling huge volumes of AAC every day which has created an undervalue situation for the stock.



Salut

[lux2001]

Sehr schöne Meldung,der Weg ist frei nach oben.


Ableauctions Not to Reverse Split Stock
Thursday July 3, 6:25 pm ET


FIFE, WA--(MARKET WIRE)--Jul 3, 2003 -- Ableauctions.com Inc. (AMEX:AAC - News) (the "Company") clarified today that it does not intend to reverse split its stock.
ADVERTISEMENT


Pursuant to its annual report (Form 14a), the Company, while restructuring and trading at $.05, had requested its shareholders not to reverse split the stock, but to authorize and empower its Board of Directors, at their discretion, to effect such a reverse split if absolutely required to maintain its listing on the AMEX or facilitate a merger. However, under the current conditions, with the success of the Company`s restructuring plan, its technology and the performance of its stock, such action is determined not to be in the best interests of the Company and its stockholders, and will not happen.

The Company`s financial position is strong with almost $1 million in cash, shareholders equity exceeding $2 million, no long-term debt, and over $20 million of its market capitalization held by non-insiders. Additionally, the Company believes it will deliver a profitable year with its financial picture looking even stronger before year-end.



Salut

[joelu]

deutschland pennt noch total!!!!

wenn hier lben in die bude kommt, kommt ihr unter 1 euro nicht mehr rein...

[FULLPULL]

The following recommendation was shared with our paid subscribers ONE
HOUR AGO.

URGENT TRADE RECOMMENDATION - Special Buying Opportunity


Dear Subscribers,

One of our standing recommendations - ABLEAUCTIONS - AAC / AMEX - is
trading at a particularly low price that represents an unusually good
trading opportunity. We recommend immediately buying in with
appropriate
discretion right now. Limit .74 recommended. Currently trading at
.70.

Thank you,

John aka TheStockGuru.com

(recommendation issued exclusively to our subscribers on 7/18/2003)