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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: david simns who wrote (17514)	7/7/1999 3:10:00 PM
From: Joe Copia	Read Replies (1) \| Respond to of 25711

DRYD will do fine with news mid july. Just some ansy folks selling.

To: david simns who wrote (17514)	7/7/1999 3:11:00 PM
From: Joe Copia	Respond to of 25711

big news for KNSC: Wednesday July 7, 2:47 pm Eastern Time Company Press Release SOURCE: Kensington International Holding Corp. Kensington Intl. Holding Corp. Acquires an Interest in the Internet Company, Mail Call, Inc., mailcall.net MINNEAPOLIS, July 7 /PRNewswire/ -- Kensington International Holding Corporation (OTC Bulletin Board: KNSC - news) announced today that they had entered into an agreement with Mail Call, Inc. of Miramar, Fla. to acquire 36% of Mail Call, Inc. Pursuant to the agreement, Kensington has the rights to acquire more than 50% of Mail Call, Inc. upon proper funding. Mail Call ( mailcall.net ) uses advanced text-to-speech technology to read e-mail over a telephone without a computer. The user may respond to the e-mails by selecting from one of four pre-written responses or send a personalized voice reply. The user may also fax a message to a designated fax machine from the phone. Kensington filed its 10-KSB on the 19th of May, 1999, and it showed that the Company had increased net income, after taxes, by 497% in 1998 compared to the same period in 1997. Year ending, 12/31/1998 1998 1997 % Change Gross Revenue $3,934,579 $3,151,241 + 24% Net Income $ 201,028 $ 40,386 + 497% Net/Share $ 0.06 $ 0.01 + 500% Kensington continues to show net profits for 1999. The preceding statements are made pursuant to the Private Securities Litigation Reform Act of 1995, as amended, in order for the Company and Mail Call, Inc. to avail themselves of the safe harbor provisions of that Act, as amended. Certain statements in this release and the Company's and Mail Call, Inc.'s financial projections that are not historical fact constitute ''forward-looking information.'' Such forward-looking information involves known and unknown risks, uncertainties and other factors, which may cause the actual results of the Company and Mail Call, Inc. to be materially different from results expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to: customer demand not meeting expectations; lack of consistent supply of materials; lack of adequate distribution markets; the inability to resell enough hardware and software; the loss of the right to resell products; adverse economic conditions; intense competition; inadequate capital; unexpected costs; lower revenues and net income than expected; loss of customers; price increases; failure to obtain customers; the possible acquisition of a new business or products that do not perform as anticipated; inability to carry out marketing and sales plans; changes in interest rates; inflationary factors; inability to meet Customer demand and other specific risks that may be alluded to in this press release or in other reports issued by the Company or Mail Call, Inc. SOURCE: Kensington International Holding Corp.