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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES

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To: Dr. Harvey who wrote (2292)1/5/1999 12:20:00 PM
From: Due Diligence  Read Replies (1) of 15987
 
ENET news. Buying.

(COMTEX) B: Equalnet Announces Implementation of Option to Subscribe
B: Equalnet Announces Implementation of Option to Subscribe to Its Long
Distance Service Over the Internet

HOUSTON (Jan. 5) BUSINESS WIRE -Jan. 5, 1999--ACMI, the recently
acquired network marketing division of Equalnet Communications Corp.'s
(Nasdaq:ENET) USC Telecom subsidiary, today announced that you can now
sign up for discounted long distance and toll-free service via the
Internet at WWW.ACMI-TEL.COM.

Through ACMI's Internet site, Equalnet will be taking advantage of the
Word Wide Web to reach new markets and to better serve its current
customers. Customers will be able to sign up for discounted long
distance and toll-free service 7 days a week 24 hours a day on the
Internet. Online orders will be processed quickly and efficiently.
Equalnet expects that this program will be the first step toward its
customers having the option to receive their bills over the Internet,
as more customers become comfortable conducting business online and as
Equalnet develops its online billing capability.

"This is an aggressive step in helping our agents increase their sales
volume", said Tom Hull, ACMI National Marketing Director. "Instead of a
sales agent having to visit each potential customer personally, the
agent will be able to compress time frames by working on the phone to
help their customers sign up their long distance service over the
Internet. New customers will be able to apply for the service online at
their convenience lowering the resistance barrier for the customer to
make a change!"

The telecommunication industry is just starting to sell over the
Internet. Hull adds, "Other industries you would not relate with
E-Commerce do substantial volumes of business every day. We feel that
our telecommunication products will be a natural fit for what both
individuals and businesses look for when doing Internet transactions."

This press release includes "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1993, as amended, and
Section 21E of the Securities and Exchange Act of 1934, as amended. All
statements other than statements of historical fact included in this
press release, including without limitation, Equalnet's business
strategy, plans and objectives, are forward-looking statements.
Although Equalnet believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance
that such expectations will prove to be correct. Numerous factors could
cause actual results to differ materially from Equalnet's expectations,
including without limitation, general economic and competitive factors
and the degree to which residential and smaller commercial users,
Equalnet's target customer base, are receptive to conducting business
over the Internet. Additional risk factors are discussed in Equalnet's
Annual Report on Form 10-K for the year ended June 30, 1998, which is
on file with the Securities and Exchange Commission. Readers should
carefully review the cautionary statements and risk factors described
in documents filed by Equalnet from time to time with the Securities
and Exchange Commission

-0- MJB/ho*

CONTACT: Equalnet Communications Corp., Houston
Mitchell H. Bodian, 281/529-4602

KEYWORD: TEXAS
INDUSTRY KEYWORD: COMED TELECOMMUNICATIONS Today's News On The Net -
Business Wire's full file on the Internet

with Hyperlinks to your home page.
URL: businesswire.com

*** end of story ***
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