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Technology Stocks : Able Telecom (ABTE)

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To: Sir Auric Goldfinger who wrote (450)2/7/1999 12:16:00 AM
From: S. maltophilia  Read Replies (1) of 700
 
Another precinct heard from; anyone familiar with these folks?

Preferred Capital Markets, Inc. Announces Termination of
Agreement With Able Telcom Holding Corp.

SAN FRANCISCO, Feb. 5 /PRNewswire/ -- Preferred Capital Markets, Inc, ("Preferred")
announces that the Company's relationship with Able Telcom Holding Corp. ("Able") has been
terminated. Preferred is not engaged with Able in any manner, including, but not limited to, acting as
financial advisor, investment banker, or any other contractual arrangement. In addition, Preferred is
currently proceeding with an arbitration claim against Able.

Preferred Capital Markets, Inc. provides proprietary research and trade execution services on an
agency and principle basis for the securities and options markets. Clients include institutional
investors, money managers, floor traders, and high net worth individuals. For the fourth consecutive
year, Preferred Capital Markets was named to Inc. Magazine's list of the fastest growing private
companies in America. Founded in 1982, Preferred Capital Markets is headquartered in San
Francisco with offices in New York, Boston, Chicago, Philadelphia, and Miami.

/CONTACT: Pattie DiLauro of Preferred Capital Markets, Inc., 415-733-3050/
interactive.wsj.com
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