TheSUBWAY.com Announces Investment Opinion on CoolCan Technologies Inc., DigitalThink, Inc., Novell, Inc., Hispanic Television Network, Inc. and Medscape Inc.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by TheSUBWAY.com. WESTON, Fla.--(BUSINESS WIRE)--July 19, 2001 TheSUBWAY.com releases the following investment opinions on CoolCan Technologies Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CCTI CCTI Climate Change Technology Initiative CCTI Composite Can Tube Institute CCTI Chairman of the Joint Chiefs of Staff commended training issue (US DoD) CCTI Control Center Technology Interchange CCTI Chief's Call To Initiation ), DigitalThink, Inc. (Nasdaq:DTHK), Novell, Inc. (Nasdaq:NOVL NOVL Novell, Inc. (stock abbreviation, AMEX) ), Hispanic Television Network Hispanic Television Network (HTVN) is a defunct family-oriented television network that was once the third-largest Spanish-language network in the United States, after Univision and Telemundo. , Inc. (Nasdaq:HTVN HTVN Hispanic Television Network (Fort Worth, TX) ) and Medscape Inc. (Nasdaq:MDLI MDLI Molecular Design Limited ) CoolCan Technologies Inc. (OTCBB:CCTI) Previous Close: Down 5% to .53 on vol. of 98,300 Shares: ACCUMULATE CoolCan Technologies Inc. (OTCBB:CCTI) just received and accepted a letter of intent from Producciones Infovision of Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi . Producciones Infovision is a leading industrial group in Mexico with interests in manufacturing, distribution, retail and television production and the LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items is to begin formal negotiations for the creation of a joint venture between the two companies. CCTI also just announced that they have entered into an agreement for the acquisition of 2,000,000 units of CCTI. The company anticipates receiving the over $1 million in funding on or before August 8th 2001. CCTI has just begun trading with dramatically increasing volume. CRG CRG Centre for Research on Globalisation CRG Council for Responsible Genetics CRG Contingency Response Group CRG Citizens for Responsible Government CRG Corporate Renaissance Group CRG Columbia River Gorge CRG Consulting Resource Group CRG Columbia Resource Group feels that CCTI will be trading over the $2.00 mark in the short term. The proceeds of the private placement financing will be used to fund the Company's ongoing product development activities, including the execution of Phase II of the Company's engineering program resulting in the production of working prototypes. DigitalThink (Nasdaq:DTHK) Previous Close: Up 35% to $13.31 on vol. 4,572,100 Shares: ACCUMULATE DigitalThink, Inc. (Nasdaq:DTHK), the leading provider of e-learning business solutions to Global 2000 companies, announced record revenues for its first quarter of fiscal year 2002. Revenues for the first quarter of fiscal year 2002 were $15.0 million compared with $6.3 million for the same period last year, an increase of 140%, and an increase of $2.2 million or 17% over the quarter ended March 31, 2001. 'DigitalThink had a strong first quarter of fiscal year 2002,' said Pete Goettner, chairman and chief executive officer at DigitalThink. 'We delivered strong revenue growth and took positive steps in our drive towards profitability by the fourth quarter of fiscal 2002. We exceeded Street consensus for both revenues and earnings, which was very satisfying. DigitalThink continues to show that its market-leading e-learning business solutions are indispensable for global enterprises as companies look towards educating both their customers and employees quickly and with measurable results.' DigitalThink is continuing to look to the future by enhancing and expanding its e-learning solutions and forging relationships with key strategic partners. Novell, Inc. (Nasdaq:NOVL) Previous Close: Down 3% to $4.96 on vol. 4,050,100 Shares: ATTRACTIVE Novell, Inc. (Nasdaq:NOVL), the leading provider of Net services software, announced availability of the Novell(R) NetDevice(TM) NAS (1) See network access server. (2) (Network Attached Storage) A specialized file server that connects to the network. A NAS device contains a slimmed-down operating system and a file system and processes only I/O requests by supporting the popular , the first appliance in the Novell NetDevice family of specialized server appliances. Built on proven Novell NetWare (operating system, networking) Novell NetWare - Novell, Inc.'s proprietary networking operating system for the IBM PC. NetWare uses the IPX/SPX, NetBEUI or TCP/IP network protocols. It supports MS-DOS, Microsoft Windows, OS/2, Macintosh and Unix clients. (R) technology, the Novell NetDevice NAS is designed to help companies store, find and retrieve data when and where end users need it, regardless of the platform the company is running. With Novell's proven ease-of-management features, this new appliance is particularly compelling for the branch office, workgroup and department markets, where IT resources are at a premium Novell will work with key hardware partners such as Compaq, Dell, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , HP and other vendors to certify popular systems to run the Novell NetDevice NAS. Novell, Inc., is a leader in eBusiness solutions and Net services software designed to secure and power the networked world. Hispanic Television Network, Inc. (Nasdaq:HTVN) Previous Close: Up 34% to $0.47 on vol. 2,417,100 Shares: ACCUMULATE Hispanic Television Network, Inc. (Nasdaq:HTVN), the United State's fastest growing and newest Spanish-language television broadcaster announced over the weekend that in accordance with its recently signed long-term distribution contract with Time Warner Cable This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. , it will begin airing in seven new cities in three states in the next 8 Weeks. This announcement is separate from any other systems that may launch HTVN programming in the same time period. 'This rapid market expansion represents a real breakthrough in our distribution. It allows HTVN access to the lucrative California market and is just the first wave of cable systems to launch our programming,' said Michael Fletcher Michael Edward Fletcher (born February 17, 1977 in Compton, California) is a Canadian Football League linebacker for the Toronto Argonauts. College career Fletcher attended the University of Oregon and was a four-year starter at middle linebacker. , chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for HTVN. 'HTVN is focused on the Mexican and the Mexican-American viewer and Time Warner Cable and other systems like it are demonstrating their commitment to diversity in entertainment and selection for the U.S. Hispanic audience.' HTVN, one of only three broadcast networks in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. that provides Spanish-Language Programming 24 hours a day, is rapidly expanding its reach across the United States through affiliates and cable distributors. Medscape Inc. (Nasdaq:MDLI) Previous Close: Up 8% to $0.42 on vol. 1,542,300 Shares: HOLD Medscape Inc. (Nasdaq:MDLI), a leading provider of digital health records and online health information, announced preliminary financial results for the second quarter ended June 30, 2001. The Company also announced it is reducing its workforce by 22 percent and has retained Lazard Freres & Co. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control as its financial advisor to explore strategic alternatives, including a possible sale of the Company. Gross revenue for the second quarter of 2001 is expected to be approximately $14.3 million, including $3.5 million from Total eMed, Inc., an increase of 4 percent over the first quarter of 2001 but below expectations. The revenue shortfall is primarily due to the deferral of investment decisions by several key customers - which the Company believes is a direct result of the current economic climate. 'We are pleased to be working with Lazard Freres as we believe it is essential to identify a strategic partner who will enhance our capital resources and help facilitate growth. This will strengthen the leading position of our digital health records and online information products and will provide even greater service and financial strength for our customers,' said David Moffenbeier, chief executive officer. "Many economists are confident that a swift monetary easing campaign by the Federal Reserve this year, including six interest rate reductions year to date, will ultimately lift the slumping economy and corporate profits out of the doldrums, spearheaded by a rebound in consumer confidence, consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. , and a renewal of business investments and capital expenditures," stated Peter Antipatis. More is available at http://www.TheSUBWAY.com. About TheSubway.com TheSubway.com, a wholly owned online asset of Capital Research Group, Inc. (CRG) was developed solely for experienced, risk tolerant investors. Subscribers to TheSubway.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known. About Capital Research Group Inc. Through TheSubway.com, Capital Research Group (CRG) introduces what in its opinion are undervalued companies to the investment community. Capital Research Group strives to locate companies with enormous growth potential. CRG is a full service public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most / Investor relations Investor relations The process by which the corporation communicates with its investors. firm. For more information about our products or services, please contact CRG at 954-217-9555 or visit us at http://www.thesubway.com. All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market marker, investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. , investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and , analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.thesubway.com. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. (90,000 CCTI) CRG intends to sell its shares. CRG has sold approximately 0 CCTI shares to date. CRG may sell its shares for less than the target price given in this opinion. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. |
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