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Technology Stocks : Erawest{ERAW}

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To: Hunter Vann who wrote (2)	1/6/1998 11:57:00 PM
From: Keith Adler	of 40

Hunter, Here's some news I found surfing the net. Erawest Inc.(Dynamic Bell) (OTC:ERAW) Description: The company Era-West Inc. through its subsidary "Dynamic Bell" provides long distance service throughout Australia and New Zealand. With the occurrence of complete telecommunications deregulation in Australia, the Australian tele-com market is worth in excess of twenty billion dollars per annum. Dynamic Bell(www.dynamicbell.com.au/) has been capitalizing on this oppurtunity to provide service to the local call market. This market is valued at ten billion dollars per annum, which further enhances the complete package that Dynamic Bell offers. Dynamic Bell is also the exclusive Australian distributor of Net2Phone, a cutting edge software that allows calls from computers to telephones. A deal in recent weeks with Telecom Corporation of New Zealand (NYSE:NZT) will allow Dynamic Bell to provide its long distance service in New Zealand. That deal alone is expected to increase 1998 revenues of Erawest by an additional 100 million and earnings by 10 million dollars. The company has 9,900,000 shares outstanding and is expected to earn 1.25 per share that would make it a 18 to 20 dollar stock. The stock today 07/24/97 closed at 8 3/8. The company went public on May 22, 1997 and opened for trading at $7.00 a share. I hold a nice position in this stock and have researched this information closely. If I can be of any more help to future investors about additional info about the company please feel free to contact me at, by E-Mail:( stevedakota@worldnet.att.net )by Phone:1-800-500-3641 .

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