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Microcap & Penny Stocks : Classic Golf Corporation (CSGC) -- Ignore unavailable to you. Want to Upgrade?

To: Gennaro who wrote (870)	7/26/1999 5:34:00 PM
From: Richard L. Williams	Respond to of 904

Here is the release...is anybody else puzzled? >> (BSNS WIRE) Classic Golf Signs Letter Of Intent to Acquire Internet Busi Classic Golf Signs Letter Of Intent to Acquire Internet Business Business Editors NEW YORK--(BUSINESS WIRE)--July 26, 1999--Classic Golf Corporation (OTC BB:CSGC) announced today that it has signed a letter of intent to acquire the Internet company Indexonly Technologies, Inc. (and the Commercial Directory: INDEXONLY.com). The purpose of INDEXONLY.com is to create the first commercial directory that will allow a searcher, with little or no knowledge of the Internet to easily and quickly access specific, clearly defined and geographically targeted information. The proprietary technology and systems in the final stages of development will position INDEXONLY.com as the prime source for searching commercially related information via the Internet. Further information on the Internet business can be obtained by viewing the corporate web page at www.indexonly.com Classic Golf Corp. has made the decision to withdraw from the professional golf tournament business as a result of an inability to contract sufficient players, negotiate television rights or make sufficient sponsorship sales in time for the World Champions of Golf tournament, scheduled for September 13 - 14, 1999. Forward-looking statements in this release are made pursuant tothe Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These Forward-looking statements are subject to certain risks and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities. --30--cp/mi*<<