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

To: Israel who wrote (13924)	8/17/1999 10:04:00 AM
From: vagabond	Read Replies (1) \| Respond to of 108040

ITHC/GAAY news (I've given up trying to figure out this whole relationship, so this is just FYI...). =============== (COMTEX) B: (GMKT) Integrated Healthcare Inc. Announces the Execution of a Definitive Letter of Intent to Acquire Palm Springs Television Studios Inc. PALM SPRINGS, Calif., Aug 17, 1999 (BUSINESS WIRE via COMTEX) -- IntegratedHealthcare Inc.'s (OTC BB:ITHC) Pro Tem Chairman Joseph L. Pittera today announced that Integrated Healthcare has signed a letter of intent to acquire all of the outstanding stock of Palm Springs Television Studios Inc. and its proposed subsidiary KPSP-TV. "This acquisition signals our entry into the broadcasting marketplace, and we are very excited to have this asset as our cornerstone from which to build on," stated Pittera. The studio, which currently "houses" Triangle Broadcasting Company Inc. (OTC BB:GAAY), will be used in part by Access TradeOne.com (OTC BB:GMKT) to produce a Global Financial News Network, which will be broadcast through affiliates and via the Internet on Access TradeOne's global trading Network. Access TradeOne.com has recently acquired a "stake" in the studio and the television station the studio is acquiring. Safe Harbor Statement Under the Private Securities Reform Act of 1995: The statements contained herein that are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including certain delays in testing and evaluation of products and other risks detailed from time to time in filings with the Securities and Exchange Commission by Integrated Healthcare. Individuals are further warned that they could suffer losses to the full extent of their investment. This security represents high risk.