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Technology Stocks : Stock Swap

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To: Andrew Vance who wrote (16192)2/11/1999 9:17:00 AM
From: Papillon  Read Replies (2) of 17305
 
Andrew, Apologies to you and others for not following up on some discussions begun here a couple of weeks ago...been busy. Below is the announcement of a new MicroCap Internet Index that includes at least one stock from your universe (WAVX) and one from mine (KTWO).

Thought you might not have seen it. BTW, you're a class act.

Best,
Papillon

IP Equity, Inc. Announces the First MicroCap Internet Index
Business Wire - February 09, 1999 09:19
SAN DIEGO--(BUSINESS WIRE)--Feb. 9, 1999--IP Equity, Inc., a
leading Internet-targeted investor communications firm, announced
today that it had created the first MicroCap Internet Index. The ISN
MicroCap Internet Index will debut on the company's Internet Stock
News(TM) financial site, www.internetstocknews.com in early March.

With 36,000 Internet stock investors Internet Stock News(ISN) is one
of the largest circulation Internet investment publications in the world.
Internet Stock News is creating a 100% free financial portal to
explain the benefits of investing in Internet stocks to retail investors to
be released next month. Features will include free real time quotes,
online stock offerings of Internet companies, independent
commentary and analysis by ISN Analyst, Ted Kunzog and ISN Staff
Writers, and comprehensive indexes for Internet Stocks including
Large Cap, Mid Cap, Small Cap, Content, E-Tailing, ISP's, Web
Advertising, Services, and Internet Enabler stocks. Internet Stock
News e-mail updates with Internet industry news, analysis, and online
offerings are always free at www.internetstocknews.com

Companies to be included in the initial ISN MicroCap Internet Index
include K2 Design(NASDAQ: KTWO), Marketguide (OTC BB:
MARG), WaveRider Communications(OTC BB: WAVC), Wave
Systems (NASDAQ: WAVX), Connect(NASDAQ: CNKT), Leap
Group(NASDAQ: LEAP), Starnet Communications (OTC BB:
SNMM), 800 Travel Systems (NASDAQ: IFLY), Bluefly(NASDAQ:
BFLY), Shopping.com(OTC BB: IBUY), Online System
Services(NASDAQ: WEBB), Etel(NASDAQ: ETEL), and Global
Media Corporation(OTC BB: GLMC).

Companies to be considered for addition depending on change in
their reporting status include The Entertainment Internet (OTC BB:
EINI), Executone (NASDAQ: XTON), Peaksoft (PKT.AL, PEAFF
Pending), World Commerce Online (OTC BB: WCOL), Plenum
Communications (OTC BB: PLNM), Infonautics (NASDAQ: INFO),
Planet Entertainment (OTC BB: PNEC), Intelect Communications
(NASDAQ: ICOM), Auction Television Network (OTC BB: ATVW),
Homecom (OTC BB: HCOM), Softlink (OTC BB: SFLK), GIC Global
(OTC BB: GGNC), mPhase Technologies (OTC BB: XDSL), Inland
Entertainment (NASDAQ: INLD), Today.com (OTC BB: TODY),
Virtual Technology(OTC BB: VTCO) and Xin Net, Inc. (OTC BB:
XNET).

IP Equity President and Internet Stock News Founder Chris Agarwal
states, "With the recent passing of the OTC Bulletin Board Eligibility
Rule by the NASD and SEC, companies must start reporting or face
de-listing. We think that this will allow the OTC BB to become a fertile
ground for emerging technology companies to seek a listing similar
to what the Nasdaq was in the 80's and 90's. The industry that will
benefit from this ruling most is the Internet. While many microcap
Internet companies already trade on the NASDAQ Small Cap
exchange, emerging Internet businesses can now quickly raise
capital and become effectively publicly traded with decent exposure
through quotation on the OTC Bulletin Board. It is almost as if,
through regulation, the NASD and SEC have effectively deregulated
the exchange for small cash-starved Internet companies and enabled
the Internet industry to grow at a more rapid pace."

About IP Equity:

IP Equity, Inc. is a leading Internet-targeted investor communications
firm for small cap and microcap companies that derive the majority of
their revenues from the Internet or Internet-related products and
services. To find out more about IP Equity Investor Communications
for your Internet company, visit www.ipequity.com.

CONTACT: IP Equity Inc., San Diego
Dan Mutters, 800/997-3323
Dan@ipequity.com
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