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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (17669)7/19/1999 12:47:00 AM
From: Triffin  Read Replies (1) | Respond to of 56535
 
Softechie .. LMKI

I'd say you're in the drivers seat at this
point .. no risk in keeping some 'free' shares
on the table and see how high the 'pump' can
take it .. BTW there's at least 20 million shares
outstanding .. sad to say I passed on this one when
it was trading for 10 cents per share late March
early April .. annual revenue run rate is less than
1 million dollars but growing .. you've played it
well/right ..

Jim in CT ..



To: Softechie who wrote (17669)7/19/1999 7:46:00 AM
From: coug  Respond to of 56535
 



To: Softechie who wrote (17669)7/19/1999 9:26:00 AM
From: speedbot  Read Replies (1) | Respond to of 56535
 
LMCI Announces Large Networking Contract with AAA Organization

SANTA ANA, Calif., July 19 /PRNewswire/ -- LMCI Communications (OTC Bulletin Board: LMKI) today announced that it has signed a multi-million dollar contract with the California State Automobile Association to implement a statewide intranet utilizing LMCI's Zip DSL service delivered through Covad Communications to provide remote access to CSAA's insurance claim adjusters' homes. In addition, LMCI will provide ISDN and High Speed Dialup service to users in areas that do not yet have DSL coverage. Connectivity to the users will pass to the CSAA network over multiple DS-3 connections into LMCI's national network core that is co-located within Level 3 Communications gateways.

"LMCI is the leader in providing turnkey, high-speed, cost-effective telecommunication solutions to business. This agreement with the Auto Club enables us to demonstrate the technical advantage that our network can deliver," said Bryan Turbow, President and CTO of LMCI. "The combination of our Real Private Network technology with Covad's superior service and their sizeable coverage area allows us to provide large-scale solutions to corporate customers at a price point that enables these companies to connect their employees to enterprise systems with a maximum return on investment."

By using LMCI's Zip DSL and RPN services, CSAA's remote access users will take advantage of processing claims data at an unprecedented speed with the highest level of security available. Zip DSL carries data at speeds up to 1.1 Mb/s (Megabits per second). The data is forwarded from the DSL network into the local gateway, and then switched into LMCI's completely private, redundant network mesh RPN (Real Private Network) backbone and into CSAA data centers. This revolutionary approach to carrying traffic across a wide area eliminates the cost of installing dedicated long-haul circuits from national carriers, and provides a much higher level of service and security than sending the data across an Internet VPN (Virtual Private Network).

Zip DSL and RPN Services are currently available in 16 regions, encompassing 37 major metropolitan areas. Service is available in San Diego, Los Angeles, San Francisco, Sacramento, Portland, Seattle, Denver, Minneapolis/St. Paul, Chicago, Detroit, Atlanta, Baltimore, Philadelphia, Washington D.C., New York and Boston.

About LMCI Communications

LMCI Communications delivers broadband communications solutions including Internet access, high-speed data, voice and video services over a revolutionary national IP network to a wide spectrum of business customers. Additionally, LMCI offers application development, network integration and systems management services to businesses worldwide. Through strategic alliances and cost-effective network planning, LMCI provides unparalleled performance and service.

More information regarding LMCI Communications may be found at their Website (http://www.lmci.net) or by sending e-mail to info@lmci.net. For sales or marketing inquiries, please send e-mail to sales@lmci.net. For investor relations, please send e-mail to investor@lmci.net or contact William Kettle at 949-475-4500.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this news release may be considered forward-looking statements that could be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected. These include uncertainties in the market, competition, legal, success of marketing efforts and other risks detailed from time to time in the company's SEC reports. The company assumes no obligation to update the information in this release.

SOURCE LMCI Communications

/CONTACT: William Kettle, Investor Relations for LMCI Communications,
949-475-4500, investor@lmci.net/

/Web site: lmci.net