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To: Jeffrey L. Henken who wrote (2170)7/2/1999 12:57:00 PM
From: SSP  Respond to of 150070
 
:)



To: Jeffrey L. Henken who wrote (2170)7/2/1999 12:59:00 PM
From: SSP  Respond to of 150070
 
CHATSWORTH, Calif.--(BUSINESS WIRE)--July 2, 1999--ChatCom Inc.
(OTC BB:CHAT), a 12-year veteran in the highly competitive server
arena, has entered into an agreement with James P. Roche, whereby
Roche will provide new financing for the company.
Roche has agreed, subject to certain conditions, to provide, up
to $600,000 in financing to the company over the next 30 days in the
form of loans that Roche will have the option to convert into majority
ownership of the company's common stock.
Roche will become a director and chief executive officer of the
company. Roche is an investor in more than 30 companies in Silicon
Valley and is currently on the Board of Directors of four companies.
He spent 10 years with IBM in sales and marketing and holds a J.D.
degree in law.
"I have interacted with Mr. Roche over the past year, as he has
familiarized himself with company's business, and will provide him
with my assistance in working toward a smooth transition," said E.
Carey Walters, former CEO.
"Carey Walters is to be congratulated for the exemplary job he
has done in managing ChatCom over the past year under extremely
difficult circumstances. Mr. Walters now plans to pursue other
activities, and we wish him well in his future endeavors," said Roche.
"ChatCom has had problems in the past, but I feel confident with
the support of the excellent customers, employees, creditors, vendors
and some of my business acquaintances, we will be able to position
ChatCom among the leaders in the server marketplace." Roche went on to
say, "I recognize there are potential claims and suits against the
company, but I do not feel they will adversely affect my efforts in
helping ChatCom reach profitability in the future."
Since mid-May, ChatCom has been funded by asset-based lender ALCO
Financial Services, its lead secured creditor, after the board's
decision to enter into an assignment for the benefit of creditors.

Statements contained in this news release that are not historical
facts are forward-looking statements under the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. Although the
company believes the expectations reflected in such forward-looking
statements are based upon reasonable assumptions, it can give no
assurances that its expectations will be attained. Forward-looking
statements involve known and unknown risks that could cause the
company's actual results to differ materially from expected results,
including the need to raise additional capital and those risks
described in the company's various filings with the Securities and
Exchange Commission, including Form 8-K filed April 1999.



To: Jeffrey L. Henken who wrote (2170)7/2/1999 1:04:00 PM
From: SSP  Respond to of 150070
 
Market Pulse: most up % OTC Bulletin as of 12:54pm 07/02/99 Page: 6104
name price chng % r-vol c-vol v-% high low an-hi an-lo news
---- ----- ---- --- ----- ----- --- ---- ---- ----- ----- ----
PEPI 0.050+0.0491000.0 8700 0 999 0.050 0.050 0.070 0.001
ECSCE 1.125+1.0791000.0 7000 0 999 1.125 1.125 0.192 0.046 12:51
ICUT 0.180+0.150 500.0 615600 50000 999 0.180 0.035 0.300 0.015
TGIE 0.125+0.094 303.2 10000 0 999 0.125 0.125 0.875 0.020
MURD 0.040+0.030 300.0 8000 0 999 0.040 0.040 0.050 0.001
TSFP 0.020+0.015 300.0 2300 0 999 0.020 0.020 0.500 0.005
BEANQ 0.050+0.035 233.3 1000 8400 -77 0.050 0.050 1.250 0.001
DIGC 1.250+0.875 233.3 5800 0 999 1.250 1.000 2.000 0.125
HANK 3.000+1.875 166.7 200 0 999 3.000 3.000 1.125 1.125
SCLP 0.025+0.015 150.0 4000 0 999 0.025 0.025 0.040 0.005
TEVT 0.280+0.155 124.0 280000 0 999 0.320 0.145 1.010 0.080
CHAT 0.120+0.061 103.4 771500 120000 999 0.125 0.059 0.531 0.020 9.17
FCVL 0.250+0.125 100.0 19500 700 999 0.250 0.250 0.343 0.001
LIBYD 3.500+1.750 100.0 3000 500 999 3.500 3.500 10.000 1.500
RCAI 0.750+0.375 100.0 15700 5100 489 0.750 0.531 1.438 0.313 10.17
TMLNW 0.125+0.062 98.4 30000 600 999 0.125 0.120 0.313 0.020
EQEI 3.438+1.688 96.5 700 621000 -99 3.438 3.438 5.500 0.750
UTRX 0.188+0.088 88.0 10000 0 999 0.188 0.188 0.344 0.010
GOPL 0.070+0.030 75.0 115000 19000 999 0.070 0.045 0.240 0.015
EGIG 3.500+1.500 75.0 1000 0 999 3.500 3.500 3.500 2.000



To: Jeffrey L. Henken who wrote (2170)7/2/1999 1:05:00 PM
From: SSP  Respond to of 150070
 
Market Pulse: most active OTC Bulletin as of 12:54pm 07/02/99 Page: 6101
name price chng % r-vol c-vol v-% high low an-hi an-lo news
---- ----- ---- --- ----- ----- --- ---- ---- ----- ----- ----
BICO 0.103-0.017 -14.2 4720950096318500 -6 0.152 0.015 0.343 0.005
SFAD 0.043+0.007 19.4 5435500 8905100 17 0.047 0.039 0.400 0.015
MPTV 0.022 -- 0.0 508240012243600 -21 0.022 0.021 0.395 0.004
GAAY 0.190-0.030 -13.6 3106300 7451900 -20 0.225 0.170 0.560 0.008
EUTO 0.054+0.006 12.5 264150010411000 -51 0.055 0.048 0.800 0.006
JNNE 0.745+0.045 6.4 2579300 5299900 -7 0.800 0.700 0.950 0.022 10.30
PABN 0.080 -- 0.0 2373600 3755500 21 0.083 0.077 3.968 0.009
ARET 0.043 -- 0.0 2179900 6090000 -32 0.043 0.041 0.530 0.005
TTRIF 0.062-0.007 -10.1 1784000 3711400 -8 0.067 0.062 0.992 0.017
LOCH 0.093+0.004 4.5 1666100 3803400 -16 0.093 0.080 0.520 0.023
TRKR 0.400+0.045 12.7 1563600 654500 357 0.410 0.355 0.375 0.047
NYRR 0.730+0.100 15.9 1494900 3629800 -21 0.830 0.620 1.780 0.100 10.30
LOTS 0.110-0.453 -80.5 1466500 411300 582 0.188 0.031 6.000 0.563 9.58
STRU 0.148-0.001 -0.7 1232600 1642000 44 0.165 0.145 6.000 0.005
AREE 0.022-0.001 -4.3 1199800 964500 138 0.023 0.022 0.120 0.005
TSIG 0.049-0.002 -3.9 1189100 3107700 -27 0.053 0.047 0.620 0.022
TLTG 11.875-3.750 -24.0 1143000 1172800 86 16.500 9.250 15.625 0.357 10.30
GZON 0.026+0.006 30.0 1137100 3673000 -41 0.029 0.020 0.038 0.002
QPRC 0.032+0.006 23.1 1115000 930000 129 0.037 0.028 0.063 0.002
HVAR 0.190+0.040 26.7 1037400 123400 999 0.210 0.150 0.360 0.020