OTC BB HOT SHORT TERM PLAYS (news,rumors,shake downs,gaps) Message Board

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Microcap & Penny Stocks : OTC BB HOT SHORT TERM PLAYS (news,rumors,shake downs,gaps)

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To: Stuart Cole who wrote (104)	6/10/1999 3:40:00 PM
From: Lino...	of 165

DDEQ News TEMPE, Ariz.--(BUSINESS WIRE)--June 10, 1999--Diamond Equities Inc. (OTC BB:DDEQ), Thursday announced that it has entered into discussions to acquire a percentage ownership in Internet start-up GoNow.Com Inc., a Nevada corporation. GoNow is a general Internet search engine built on advanced proprietary search technology. The site will initially launch with a preview of what may become one of the most powerful search engines on the World Wide Web. GoNow is building a search engine tool designed with the integration of data base search techniques and advanced Internet search features to make search return more meaningful. "Diamond is excited about the opportunity to become part of GoNow.Com. Where as GoProfit is a financial search engine / Web portal site, GoNow will be a general broad-based search tool. Rather than compete, these two proprietary search engines serve different Internet user needs," said David Westfere, president of Diamond Equities. GoNow.Com is tentatively scheduled to launch the initial preview on June 15, 1999. From time to time, the company may issue forward-looking statements which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results could differ and a forward-looking statement should be considered accordingly. For more in formation, contact David Westfere, President, Diamond Equities Inc. 602/462-5900. --30--sig/ix* CONTACT: Diamond Equities Inc., Tempe David Westfere, 602/462-5900

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