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To: Mark Fowler who wrote (63376)	6/19/1999 10:52:00 AM
From: Iris Shih	Respond to of 164684

Mark, Read this regarding covd, "Covad shares reignite with power of high-speed Net service" moneycentral.msn.com Also in vrsn since 57+. Nxtl broke out its doubletops around 41~42 last Friday. Have been in this one since mid-30s. Thanks William for this one. Nice TA works. Thanks. Iris

To: Mark Fowler who wrote (63376)	6/19/1999 9:58:00 PM
From: Glenn D. Rudolph	Respond to of 164684

DALLAS--(BUSINESS WIRE)--June 17, 1999--Processors Unlimited, a logistics subsidiary of USFreightways Corporation (NASDAQ: USFC.O) and a leader in the implementation of reverse logistics solutions, today announced the appointment of John Phillips as Chief Information Officer. Phillips will be responsible for directing and maintaining all networks and information systems within Processors Unlimited, including warehouse management systems, reverse logistics reporting systems and corporate systems. As CIO, Phillips brings to Processors Unlimited over 13 years of experience in management information systems. Phillips will report directly to Kevin Sheehan, President and CEO of Processors Unlimited. "As we continue to expand our customer base, we are faced with new challenges and the opportunity to improve the efficiency and effectiveness of reverse logistics solutions," said Sheehan. " Phillips' knowledge and experience in IT problem-solving will enhance Processors' growth capability and allow us to maintain our leadership position as the dominant service provider in the reverse logistics industry." Formerly the director of Management Information Systems for PrimeSource Building Products, Inc., Phillips was responsible for the strategic direction and execution of all information processing, network communications and systems operations. Prior to his work at PrimeSource, Phillips spent 11 years with Frito-Lay, Inc, serving in a variety of information and technology systems management positions. Phillips has a Master of Arts degree in information systems from the University of Texas at Dallas. He earned his bachelor's degree from Illinois State University with a major in computer science. Processors Unlimited is a pioneer and leader in reverse logistics - the process of handling and maximizing the value of all items that are unsaleable, obsolete or out-of-code. Headquartered in Dallas, TX, Processors provides reclamation services and software to manufacturers, wholesalers, distributors, and retailers in over 80 locations in the United States and Canada. The company also hosts Processors Auction, the first Internet site dedicated to business to business trading of overstocked, returned, discontinued, or odd lot goods. For more information, contact Processors at 800.634.0370 or visit www.processors.com. USFreightways provides comprehensive supply chain management services, including high-value, regional less-than-truckload (LTL) transportation, logistics, domestic and international freight forwarding and premium regional and national truckload transportation. For more information, contact the Company at www.usfreightways.com.