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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who started this subject	5/24/2001 12:59:40 PM
From: Rctrader2	of 150070

TMGS .021-33%-Hope you DD'em-News out today..More to come.. The Murdock Group Announces Upcoming Business Updates Business Editors SALT LAKE CITY--(BUSINESS WIRE)--May 24, 2001--The Murdock Group Holding Corp. (OTC BB: TMGS) Thursday announced that its latest business updates will be released shortly. The Murdock Group announced today that it will release results of its quarterly audit review within the next couple of days. The report will outline the additional debt reductions and savings that occurred during the first quarter 2001, as well as details of the company's involvement in a new small business and commercial real estate acquisition subsidiary. Details of acquisitions under contract in the new subsidiary will be released in the coming weeks. KC Holmes, president and chief executive officer, noted, "We are excited that the restructuring is nearing completion and we will be able to focus on the explosive growth opportunities that acquisitions offer us. Our new format should allow us to grow revenues substantially in the coming two quarters." About The Murdock Group Founded in 1983, The Murdock Group has emerged as a business incubator with emphasis in the employment industry. The Murdock Group has incubated Internet offerings MyJobSearch.com, an employment portal, and CareerWebSource, a BtoB employment information company, as well as a full service brick and mortar career-coaching provider. The Murdock Group also has a real estate development group specializing in commercial cash flow projects. Forward-Looking Statements. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. While these statements are made to convey the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Actual company results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. A more extensive listing of risks and factors that may affect the business prospects of the company and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. --30--twt/ix* CONTACT: The Murdock Group, Salt Lake City KC Holmes, 801/268-3232 e-mail: kc@murdock.com Website: www.murdock.com KEYWORD: UTAH INDUSTRY KEYWORD: HUMAN RESOURCES INTERNET REAL ESTATE MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: www.businesswire.com May-24-2001 16:33 GMT Symbols: US;TMGS Source BW Business Wire Categories: MST/R/US/UT MST/S/JOB MST/I/NET MST/I/REA MST/S/MRG

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