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Non-Tech : VGAM - Virtual Gaming

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To: BobInBush who started this subject1/3/2001 9:39:26 AM
From: Dr. Microcap   of 216
 
TheSUBWAY.com Announces Investment Opinion on E Digital Corp., Virtual Gaming Enterprises, Imaging Diagnostic Systems, Southern Mineral Corporation and Liberty Satellite
WEDNESDAY, JANUARY 03, 2001 7:30 AM
- BusinessWire

WESTON, Fla., Jan 3, 2001 (BUSINESS WIRE) -- TheSUBWAY.com Announces Investment Opinion on E Digital Corp., Virtual Gaming Enterprises, Imaging Diagnostic Systems, Southern Mineral Corporation and Liberty Satellite

E Digital Corp. (OTCBB: EGIG) recently announced that products based on e.Digital's proprietary MicroCAM (MicroOS-Based Compressed Audio Manager) technology will be featured at the 2001 international Consumer Electronics Show (CES) held January 6-9 in Las Vegas.

e.Digital's hard-drive based portable jukebox design, MP2000 portable Internet music player design, new DataPlay-enabled digital audio player, and DataPlay-enabled MP3 encoder design will be on display throughout the four-day show. Watch EDIG for more developments. Currently, Creative is the leader in Mp3 designs, but you never know for how long.

Virtual Gaming Enterprises (OTCBB: VGAM) has a 52 week high of $21 per share. Currently trading below $1, CRG feels that this stock is ready for a strong rebound into the first quarter of 2001.

VGAM just announced it has signed a letter of intent with Wow Technologies, Inc to cross market thecasinothemepark.com through its proprietary site: luxcard.com in return for a 24 month agreement to run a digital certificate for the Luxcard with-in Virtual Gamings casino themepark site. Watch for more interesting news from VGAM. CRG feels that the stock could be trading over the $5.00 mark in the short term.

Imaging Diagnostic Systems (OTCBB: IMDS) just announced that it has submitted its second module to the FDA as part of the process for the PreMarket Approval application of its Computed Tomography Laser Mammography system.

IMDS has been beaten down from its 52 week high of around $6.50 per share. With this step completed, Imaging Diagnostics, is much closer to their goal. The Company is engaged in the development and testing of a Computed Tomography Laser mammography device for detecting breast cancer through the skin in a non-invasive procedure. We like the company for the long term

Southern Mineral Corporation (OTCBB: SMOP)is an independent oil and gas company. The Company is engaged in the acquisition, exploitation, exploration and operation of oil and gas properties, primarily along the Gulf Coast of the United States, in Canada and in Ecuador.

Trading Volume of SMOP has been picking up dramatically over the past few days and with this happening, CRG feels it is time for some news to be said about the company. With a public float of under 9mm shares, SMOP can move quickly. Keep an eye on this one.

Liberty Satellite (OTCBB: LSATA) offered a medium power satellite service with over 160 channels of digital video and audio programming throughout the United States. As a result of various transactions, the Company is no longer engaged in the direct-to-home satellite television business. the Company and Liberty Media formed a new joint venture to hold and manage interests in entities engaged globally in the distribution of internet data and other content via satellite and related businesses.

CRG did not like the company much when it was in the satellite business, however, volume is starting to pick on the company. We are awaiting more news regarding the new internet business to make a call. LSATA is on our radar, and we will post additional information soon.

"Wall Street seems to be sending a very clear message to the Federal Reserve, calling for aggressive action in terms of lower interest rates to help sojourn the slowdown in the U.S. economy. This message was echoed by economic data released on Tuesday that showed U.S. manufacturing fell to its lowest level in a decade, adding another log to the growing pile of data that confirms an economic slowdown." Stated Peter Antipatis. More is available at thesubway.com.

About TheSubway.com
TheSubway.com, a wholly owned online asset of Capital Research Group, Inc. (CRG) was developed solely for experienced, risk tolerant investors. Subscribers to TheSubway.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known.

About Capital Research Group Inc.
Through TheSubway.com, Capital Research Group (CRG) introduces what in its opinion are undervalued companies to the investment community. Capital Research Group strives to locate companies with enormous growth potential. CRG is a full service public relations / Investor relations firm. For more information about our products or services, please contact CRG at 954-217-9555 or visit us at thesubway.com.

All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market marker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.thesubway.com. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. (50,000 VGAM) CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

CONTACT: Capital Research Group Inc.
Charles T. Tamburello, 954/217-9555
Fax: 954/389-5756
chuck@TheSubway.com

URL: businesswire.com
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Copyright (C) 2001 Business Wire. All rights reserved.

KEYWORD: FLORIDA
INDUSTRY KEYWORD: INVESTMENT
OPINION
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