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Technology Stocks : FBN Associates - Year 2000/Y2K IPO!!!

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To: marcos who wrote (1630)8/25/1998 6:00:00 PM
From: Josef Svejk  Read Replies (2) of 2770
 
Message from the Chairman

August 25, 1998

DEAR FBN ASSOCIATES SHAREHOLDERS:

Re: FBN Associates Customers

I am pleased to report to you that product and customer
development is moving forward rapidly.

Unfortunately, we have encountered a problem with one of our
customers. The problem is that certain shareholders have
repeatedly called this customer directly to inquire about
FBNA's relationship with the customer. These calls have been
so frequent that the customer has complained to us and asked us to
take steps to stop these calls.

We have approximately 3,000 shareholders. Almost all of our
shareholders are responsible investors who monitor
FBNA's performance and obtain information regarding FBNA
through our web site and/or through discussions with
our investor relations department . All current information regarding FBNA is available on the web site and Janice will be pleased to discuss FBNA matters with you.

We want our shareholders to be fully informed regarding
FBNA's affairs and to this end we frequently issue news
releases which are widely disseminated through news services and
posted on our web site.

There are however a few shareholders who are causing harm to
FBNA through repeated contact directly with
customers. This behaviour is totally irresponsible and damaging to
FBNA and I will not tolerate it.

I am working with our customers to obtain the names of the abusive
shareholders and FBNA will commence litigation
against these people if this conduct continues. If you know of an
abusive shareholder please provide me with details.

FBNA recently obtained a judgment for $3 against an
individual who made damaging remarks about FBNA
over the internet. We are in the process now of executing on that
judgment and in fact have filed documentation necessary
to petition that person into bankruptcy. This demonstrates our
resolve to take action against anyone who interferes with our
business.

Our scientists, software architects, programmers and other
technical personnel are working hard to develop leading edge
products.

Our business development people are in the process of forging the
customer base that will generate substantial revenues
for FBNA.

I ask all shareholders to support FBNA in these endeavours.
Further, I ask those shareholders that are interfering with
our customers to stop doing so.

If any of you wish to speak to me on this matter, or on any other
FBNA matter, please call Janice Shell, Investor
Relations, with your name and telephone number and I will get back
to you.

FBNA is strong and is moving forward. Let's keep it that way.

Yours truly,

FBN Associates

Dick Eue, Chairman

#reply-5545020
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