Dow Jones 9768.68 -69.26 2:00 pm PST, November 14, 2003  NASDAQ 1930.26 -37.09 For info, visit access.smallcapnetwork.com S & P 500 1050.35 -8.06 To be removed, please click here Russell 2000 532.96 -8.24 VOLUME 03: ISSUE 72  C-CHIP: New High-Tech Sheriff in Town. Thieves will cringe when they hear the name C-CHIP (OTCBB: CCHI). Theft, especially vehicle theft, is a crime of opportunity. Take away that opportunity and the rising tide of vehicle theft goes away. C-CHIP's latest product announcement introducing the Hawk 100 (press release attached), reinforces the company's potential as a major player in the fight against vehicle crime. Each year, there are 3.5 million motorcycles are sold in the US alone. There's no reason why a C-CHIP wireless anti-theft device such as The Hawk 100 couldn't eventually be installed on every single one--as well as every ATV, snowmobile and personal watercraft.  Investors would be wrong to overlook or underestimate this company's prospects. For background on C-CHIP and a discussion of its current products we encourage investors to review our recent Trading Alert. Trading volume in the shares has increased steadily over the last couple of weeks as risk oriented investors began to accumulate the shares. After an initial run-up to nearly 90 cents last week, the shares then retraced back to 70 cents. Friday's action denotes a base building in the 75-80 cent area as investors positioned themselves in anticipation of significant growth to come. As we have said, at this formative stage, investors have the opportunity to acquire shares now at a price that may soon look extremely cheap once the company completes multiple distribution deals--world-wide--which are currently under discussion. That said, we reiterate our rule that investors should only begin accumulation at this stage. Volatility should always factor into your purchase strategy. In essence, C-CHIP is in the business of building better mousetraps. The mousetrap in this case is a small wireless unit--called the Hawk 100-- that fits in the palm of your hand and virtually ensures that your motorcycle or recreational vehicle is secure. Period. Further, the unit is half the price of its closest competitor, and can be installed in under half an hour (read: low cost) by almost any technician, whereas competitors' products take hours for a specially trained tech to install. 'Hours' and 'specialized' are always buzzwords for a large and nasty added expense. The vehicle owner carries a transponder--slightly larger than a credit card-- that speaks to the kill switches as he/she approaches the vehicle: automatically bypassing them and allowing operation. This invisible and seamless operation is, of course, accomplished wirelessly. Do the math on those 3.5 million motorcycles sold in the US, annually. It is expected that soon not only owners but also, more importantly, insurance companies, will demand that anti-theft units such as the Hawk 100 become standard equipment. Indications are that on vehicles with these devices on board, insurers will offer owners a decent annual premium discount. C-CHIP intends to secure a significant share of this market as well as in the automotive, office equipment and industrial machinery sectors. Very cool. And likely to be highly profitable for C-CHIP and those investors who recognize its potential now. Within the next couple of years C-CHIP plans to sell in excess of 100,000 of the Hawk 100 units which, although a niche product, could add several million dollars to revenues. The technology is a spin-off of C-CHIP's Access Manager--a state of the art wireless anti-theft unit targeted to the woefully under-served auto theft market. Losses from vehicle theft in the US alone top $8.4 billion annually.  C-CHIP is in substantive discussions with distributors around the world. We can't stress enough that those investors who wait for even the first major deal to be announced will likely miss a significant rise in the share price.  Yes, gentle reader, it gets better. While we have been focusing on theft protection, C-CHIP also has a myriad of other cutting edge products designed for asset management, monitoring and delinquency reduction. Speculative investors would be well served to follow C-CHIP's progress closely.   C-Chip launches The Hawk 100: Unparalleled theft protection for the motorcycle and recreational vehicle market November 14, 2003 - C-Chip Technologies Corporation (OTCBB: CCHI) is proud to announce the commercial launch of its latest product, the highly innovative The Hawk 100; an RFID (Radio Frequency Identification) anti-theft device designed specifically for the motorcycle and recreational vehicle market. Stephane Solis, President & CEO, states: "For an anti-theft device in the recreational vehicle market, size does matter and the smaller, the better. Compared to presently available systems, The Hawk 100 is extremely small and fits in the palm of a hand. As well, the unit can be installed in about 20 minutes by practically any technician; our closest competitor's product needs a specialist and installation can take several hours. Also, the retail price of The Hawk 100 is expected to be 50% lower than current comparable products. We believe that The Hawk 100 offers significant opportunities worldwide and our goal is to capture a large market share. With the unique characteristics and pricing of The Hawk 100, we are confident that this goal can be attained fairly quickly."  The Hawk 100 has been commended by major insurance companies and will be officially presented and demonstrated at the Toronto Motorcycle Show to be held in early December at the Toronto Convention Center. C-Chip will showcase its newest product as a guest of one of the largest Canadian distributors of after-market products and accessories for the recreational vehicle market. More than 35,000 visitors -- including product distributors from around the world -- are expected to attend. The Hawk 100 is designed to provide motorcycles, snowmobiles, personal watercrafts and ATV's with highly effective and cost efficient theft prevention. The Hawk 100 has many features that make it unique. First, the unit is completely transparent to the end user who only has to have an active transponder in his/her possession to activate and deactivate the system. Without the transponder, the vehicle will simply not operate. Secondly, the system draws no current in the standby mode--a problem encountered with competitive products. Finally, the very small size of the completely weatherproof unit makes it easy to install and thus invisible to thieves or indeed, any unauthorized user. C-Chip has already attracted significant attention of major aftermarket distributors in the industry and is currently negotiating agreements for distribution in North America and Asia. Preliminary discussions have been held for European distribution. The details of such agreements will be announced as soon as negotiations are completed. About the C-Chip? Technology The C-Chip? is a new wireless, web-based  set of communication tools that offers business users remote access, control, and monitoring of a wide range of assets, including vehicles, office equipment and industrial machinery. It allows selective enabling, disabling and any other commands at will, from anywhere to practically anywhere in North America using the Internet. Applications for the C-Chip? technology offers significant opportunities within the markets for credit, security and asset management solutions. Detailed information on the technology and its applications is available on our web-site at www.c-chip.com. About C-Chip Technologies Corporation C-Chip Technologies Corporation is positioned in an emerging and rapidly growing industry which is about interconnecting machines with IT infrastructures and mobile assets. We integrate wireless communications, on-line transactions, software applications, RFID technology, the Internet and, when location is required, GPS technology to enable business users to efficiently access, control and manage remote assets at low costs. The Company's goal is to be recognized as a leading provider of credit management solutions for financial institutions, of security solutions for insurance companies and asset management solutions for car rental companies and urban fleets. Contact: Stephane Solis, President & CEO  C-Chip Technologies Corporation  877-339-2447  ssolis@c-chip.com  FORWARD-LOOKING-STATEMENT: Except for factual statements made herein, the information contained in this press release consists of forward-looking statements that involve risks and uncertainties, including the effect of changing economic conditions, competition within the credit and security industry, customer acceptance of products and other risks and uncertainties. Such forward-looking statements are not guarantees of performance, and C-Chip Technologies Corporation results could differ materially from those contained in such statements. These forward-looking statements speak only as of the date of this release, and C-Chip Technologies Corporation undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.   White Electronics--Following SmallCap? On October 29th, we stated: Investors who own White (NASDAQ: WEDC) at $7 and change might lighten up some and wait for an opportunity to re-establish should the price move lower--say, $9-$10-- either as a result of market volatility or the approach of the November 12th announcement of fourth quarter numbers. Keep a core position, but we can now say that this one has been a good trader for those who employ that practice. Last week, White Electronics delayed its earnings release from the stated date to on or before November 25th  due to a need for more time to finalize its numbers. The shares immediately --as a result of that announcement-- tanked last week from nearly $12 to $8 and change. Currently the stock trades at just over $9.  We think the drubbing is overdone. Unless the company is planning something nefarious--which we doubt-- the shares represent excellent value at these levels, especially for those who heeded our advice and took profits higher. Next year's projected per-share earnings estimate is 52 cents. At $9, that's a forward p/e of a very respectable 18 times. Coupled with a decent free cash position and no debt, WEDC remains an outstanding trader that should see share price improvement as the quarterly numbers come in later this month. Traders shouldn't bet the farm that the coming earnings release won't have some negative aspects, but purely from an oversold perspective, the shares look compelling for those who are prepared to take the risks.     Need another reason to Sign up for your FREE Preferred Membership? Over the past year, we've brought you 13 Trading Alerts. If you had invested $1000 in each one, your $13,000 investment would have grown to $23070, if you had sold, say, Friday November 7th, to pick a day. That's a 78 percent return in a less than a year. The best? Obviously, Cel-Sci. The worst? ThinkPath. If we strip those two out--the highest and lowest returns--the return on your $11,000 investment would have been a very respectable 51 percent. Not too shabby. By comparison, the S&P index has returned about 20 percent over the last year. The NASDAQ--to which we also alerted you at the low in March 2003--has returned around 40 percent in the same period.  The NASDAQ Tracker (NASDAQ: QQQ) did slightly better than its benchmark having risen 45 percent. Oh yes, we told you about that one, too at $24 in February 2003. Now it's $35. And we're only looking at Trading Alerts. I suspect if we included all of our Company Profiles (check our Track Record), the numbers would likely have been even better. The best is yet to come. Sign up NOW! Joining our NEW Preferred Member Program is easy and simple. Just follow this quick two-step process: Opt-in your email address, then, make sure and confirm the request for confirmation you will receive in your inbox. That's it! You'll automatically be in position to start receiving these new special features available only to Preferred Members! To subscribe to the preferred member list, simply click here. Or, to subscribe by email, send a blank email to scn-preferred-subscribe@delta.levelogic.com. If there is a problem with the subscription or you do not receive a confirmation email within 2 hours, go to http://access.smallcapnetwork.com/pref-sub.html and submit your email address.   We Value Your Feedback Got comments, questions or suggestions? Send 'em on over: Editor@smallcapnetwork.com Unsubscribe Here D I S C L A I M E R : The SmallCap Digest is an independent electronic publication committed to providing our readers with factual information on selected  publicly traded companies. SmallCap Digest is not a registered investment advisor or broker-dealer. 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