Austin, TX 10/15/2007 9:21:28 PM
Speak with other shareholders about: (NASDAQ: BEAS), (OTCBB: IVOT), (Nasdaq: MSFT), (OTCBB: MGEN), (Nasdaq: CSCO).
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BEA Systems (NASDAQ: BEAS), up 38% on 217 million shares, released on Friday a copy of a letter to Charles Phillips, President of Oracle (NASDAQ:ORCL) in response to erroneous information contained in a letter Oracle publicly released earlier in the day. Below is the text of BEA System's letter in its entirety: Dear Charles: Let me clarify your misunderstanding and set the record straight. 1) We did not agree to meet this morning to commence a process, and we did not agree to your proposal that the process result in a definitive agreement by Monday. 2) We did not say there is "no process" with Oracle that would result in a friendly deal. 3) We did say that BEA is worth substantially more to Oracle, to others and, importantly, to BEA shareholders than is reflected by Oracle's $17 price. The trading market today validates our judgment. 4) We did say, and we will repeat here, that we will not engage in any process that would be open-ended or harmful to our shareholders' interest. Sincerely, William Klein, BEA Systems iVoice Technology, Inc (OTCBB: IVOT), down 12% on 44 million shares, announced today that the Letter of Intent dated June 4, 2007, as amended, by and among, iVoice Technology, Inc. ("iVoice Technology"), Prosperity Ventures, Inc. ("Prosperity"), Stronghold Manufacturing, Inc. ("Stronghold"), Aero Consulting, LLC. ("Aero") and Screen Enclosure Technologies, LLC. ("Screen Enclosure") was terminated.
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Microsoft Corporation (Nasdaq: MSFT), up 0.87% on 31 million shares, released today that according to Microsoft, customers rely on SQL Server 2005's comprehensive, integrated data management and analysis software to manage mission-critical information and run today's complex business applications. Microsoft SQL Server 2005 has been positioned in the Leaders quadrant of the Gartner Magic Quadrant for Data Warehouse Database Management Systems, 2007.
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Med Gen Inc. (OTCBB: MGEN), even on 18 million shares, manufacturers of nationally branded OTC healthier life products and specialty financial services reports that after 1.5 years of Research and Development, announced today its newest product FABULUST(R) is ready for market. The FABULUST(R) product website can be viewed at www.fabulust.net and is linked to the company website www.medgen.com.
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Cisco Systems Inc. (Nasdaq: CSCO), up 0.37% on 29 million shares, announced today as part of its continuing effort to help North American channel partners accelerate growth, better manage their cash flow and deepen customer relationships, Cisco (NASDAQ: CSCO) Capital(TM) today announced the extension of its highly successful zero percent progress payments program for Cisco(R) Unified Communications solutions. Cisco Capital also launched the grow i.t. partner portal, which makes it easier for channel partners to access financing offers, tools, resources and training materials.
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