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To: RockyBalboa who wrote (10569)7/5/1999 8:36:00 PM
From: Mad2  Respond to of 18998
 
Ever follow or play golf? I know it's not nearly as popular in Europe as it is in the USA (and Japan. The game is comprised of 18 holes, the first 1/2 refered to as the front nine and the latter half refered to as the back nine. While a normal game is 18 holes it is actually played in "nines". Ocasionally the term front nine is used to refer to the first half of something and back nine is used to refer to the last half.
Best Regards,
Mad2
nine (nìn) noun
1.The cardinal number equal to 8 + 1.
2.The ninth in a set or sequence.
3.Something having nine parts, units, or members.
4.Games. A playing card marked with nine pips.
5.A set of nine persons or things, especially:. a. Baseball. The nine players on a side, or the whole team. b. Nine. Greek Mythology. The nine Muses.
6.A size, as in clothing or shoes, designated as nine.
7.Sports. The first or second 9 holes of an 18-hole golf course.

- idiom.
to the nines Informal.
To the highest degree: dressed to the nines.

[Middle English, from Old English nigon.]
- nine adjective & pronoun

Excerpted from The American Heritage® Dictionary of the English Language, Third Edition © 1996 by Houghton Mifflin Company. Electronic version licensed from INSO Corporation; further reproduction and distribution in accordance with the Copyright Law of the United States. All rights reserved.



To: RockyBalboa who wrote (10569)7/7/1999 7:50:00 AM
From: Hawaii60  Respond to of 18998
 
Was it you or ynot I was having a discussion with this about? Anyway shareholder approval was received. A certain analyst will have to start beating a different drum.

(COMTEX) B: EGLOBE ANNOUNCES COMPLETION OF $20 MILLION FINANCING
B: EGLOBE ANNOUNCES COMPLETION OF $20 MILLION FINANCING

WASHINGTON, Jul 7, 1999 /PRNewswire via COMTEX/ -- eGlobe (Nasdaq:
EGLO) today announced it completed the $20 million long-term financing
that was approved by shareholders at its Annual Meeting held June 16,
1999. The funding arrangement is with EXTL Investors, LLC, eGlobe's
largest shareholder.

The financing will be used to repay an interim one-year loan of $7
million that served as a bridge to the full facility and to repay the
$7.5 million debt outstanding to IDT Corp. The remainder of the
facility will be usedto fund capital expenditures relating to the
expansion of the Company's network of Internet Protocol (IP) trunks and
Intelligent platforms, as well as for working capital and general
corporate purposes.

As previously reported, the $20 million is in the form of three-year 5%
secured notes and attached warrants. eGlobe is a leading supplier of
global enhanced telecommunications and information services, including
Internet voice and fax, calling card services along with related
validation, billing and payment systems, and other international
Intranet andinter-networking services in partnership with
telecommunications operators around the world. Operating through its
World Direct network, eGlobe originates traffic in 90 territories and
countries and terminates anywhere in the world. eGlobe provides its
services principally to telecommunications companies and financial
institutions.

Certain statements in this news release are "forward looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995and involve known and unknown risks, uncertainties
and other factors thatmay cause the Company's actual results,
performance or achievements to be materially different from the
results, performance or achievements expressed or implied by the
forward looking statement. Factors that impact such forward looking
statements include, among others, the ability of the Company to attract
additional business, the ability of the Company to successfully
integrate the IDX acquisition, complete software development and offer
new products, changes in expectations regarding restructuring,
including tax liabilities and reductions in cost, possible changes in
collections of accounts receivable, risks of competition, price and
margin trends, changes in worldwide general economic conditions,
changes in interest rates, currency rates and worldwide competition.

SOURCE eGlobe
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com -0-
CONTACT: Allen Mandel, Senior VP Corporate Affairs of eGlobe,
800-688-0092; or John Heilshorn, 212-838-3777, or
john@lhai.com, or Kris
Otridge, 415-433-3777, or kris@lhai-sf.com, both of
Lippert/Heilshorn
& Associates, for eGlobe

WEB PAGE: eglobe.com

GEOGRAPHY: District of Columbia

INDUSTRY CODE: CPR
MLM
TLS

SUBJECT CODE: FNC

*** end of story ***