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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Kimberly Lee who wrote (13207)8/2/1999 8:23:00 PM
From: Frederick Langford  Read Replies (1) | Respond to of 108040
 
PASA weakness?

Quepasa.com Terminates Co-Founder

PHOENIX--(BUSINESS WIRE)--Aug. 2, 1999--Quepasa.com (Nasdaq:PASA), the premier online community for U.S. Hispanics, announced today that it has terminated one of its co-founders and Chief Technology Officer Jeffrey Peterson.

The company has also filed a lawsuit against Peterson and one other employee.

"This is an unfortunate circumstance," said Gary L. Trujillo, chairman and CEO. "We are doing everything possible to get it behind us and move forward and are pleased to announce that Bryan Ross, our former chief technology officer and a person in whom we have great confidence, has been reappointed to this position.

"We are very confident that we have the very best management team in place to continue to position quepasa.com as the premier online community for U.S. Hispanics."

About quepasa.com

Quepasa.com provides the rapidly growing U.S. Hispanic market with information and interactive content available in both Spanish and English. The site was founded in 1998 and includes a search engine, free e-mail, free Web pages, Spanish-language news feeds, worldwide weather information, chat rooms, games, maps and message boards.

Over the past six months, quepasa.com has experienced a 133% compound monthly growth rate in page views. Quepasa.com has entered into strategic partnerships with leading providers of media, content and technology including: Miami Herald Online, Reuters NewMedia Inc., Telemundo Network Group, Fox Sports World Espanol, WeatherLabs Inc., Inktomi, GTE Internetworking and Exodus Communications.

CONTACT:

quepasa.com, Phoenix

Michele Vahsen, 602/716-0100, ext. 259

mvahsen@quepasa.com

or

PepperCom, New York

Lane Buschel, 212/931-6130

lbuschel@peppercom.com



To: Kimberly Lee who wrote (13207)8/2/1999 9:24:00 PM
From: Norms  Respond to of 108040
 
Rumors from RB that IJNT will announce deal with Nortel NT. I will be watching for any news from either Nortel or IJNT and post on the thread. This would be INCREDIBLE. (remember at this point just a rumor?)

TALL is looking terrific past few trading sessions too. Excellent volume with price appreciation. Looking for .50 to 1.00 at this point. Hope to raise the figure if trend continues :)



To: Kimberly Lee who wrote (13207)8/3/1999 8:39:00 AM
From: Tassi  Respond to of 108040
 
Thank you for your comments. You are absolutely right.

Thank you
Mo