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Non-Tech : golfrounds.com (TEEE)

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To: leigh aulper who started this subject	11/1/2000 3:35:37 PM
From: leigh aulper	Read Replies (1) of 8

GolfRounds Changes Direction of Its Business ATLANTA--(BUSINESS WIRE)--Nov. 1, 2000--GolfRounds.com, Inc. (OTC: TEEE - news) announced today that the company, which has over $3 million in cash and no liabilities, is engaged in discussions through its investment bankers, M. H. Meyerson & Co., Inc. (OTC: MHMY - news) with several privately held operating companies to merge their companies into GolfRounds. The Company has not yet entered into any agreements and is only in the preliminary stages of negotiation. There can be no assurance that any such transaction will occur. The Company also announced that it has accepted the resignation of its President, Mr. Thomas Van Herwarde, and plans to seek strategic partners to maintain and expand the Company's GolfRounds.com and Skiingusa.com Internet websites.

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