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Technology Stocks : NBG Radio Network (NSBD)
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To: Fred Seitel who wrote (8)1/5/1999 11:41:00 PM
From: Gordon Gekko   of 25
 
Some new NSBD developments. Expect some announcements toward the end of this week and early next.

1) The audiohighway deal is doing well with a good response to the initial 300 hours that they sold. They are currently negotiating to sell more programing to them.

2) They have recently sold their programming to more radio stations with the offering being oversubscribed to. They have also lined up new radio talent.

3) The financials are currently going through the audit phase and should be done shortly.

4) The company is hiring additional people. They are well established within the industry. This adds significant credibility to this young upstart.

5) The company is working on a new acquisition. It should be announced shortly.

6) Expect more tie-ins with the Internet. They are working on adding Internet functionality to their kiosk business. It will be integrated with their travel division.

It looks better every day.

GG
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