To: Stock Watcher who wrote (14159 ) 8/31/1999 10:07:00 AM From: StkProfit$ Read Replies (1) | Respond to of 52051
PCNA news...buy rec out at 5am: (Low volume so far today, not impressed yet, but then again news has not made most links yet) Business Wire EQUITYNET RESEARCH ANNOUNCES INVESTMENT OPINION ON PUBLISHING COMPANY OF NORTH AMERICA, INC. BUSINESS EDITORS NOTE TO EDITORS: THE FOLLOWING IS AN INVESTMENT OPINION ISSUED BY EQUITYNET RESEARCH -------------------------------------------------------------------------------- SHERMAN OAKS, Calif.--(BUSINESS WIRE)--Aug. 31, 1999--EquityNet Research, a West Coast, independent research firm, announced today that it is initiating research coverage on the Publishing Company of North America, Inc. (NASDAQ:PCNA.O) with a 'Buy' recommendation. Randall D. Lewis, Senior Analyst with EquityNet who is covering the Company, stated, "We feel very strongly that PCNA has a solid inroad to the online legal community. Through its legal portal (www.lawlinks.com), online vendor directory and Legal Superstore (www.lawmiles.com), the Company is positioned to make a strong move toward e-commerce and online advertising that specifically targets the lucrative legal niche. We believe in PCNA's business model and feel our valuation is realistic." A full copy of the report is available at the EquityNet Research Web site at www.equitynet.net. The Publishing Company of North America, Inc., and its wholly owned subsidiaries, PCNA Communications Corporation and Attorneys Online, Inc., are integrated full service providers of specialty publishing for bar associations nationwide. While having focused principally on print directories and related products and services, PCNA and its subsidiary companies are aggressively pursuing its online strategy of providing goods and services to the legal profession. EquityNet Research was formed to provide the investing public with professional, independent, objective research on under-followed public companies. It does this by preparing detailed research that highlights the key aspects of each company and its industry, both positive and negative. EquityNet strictly maintains independence and objectivity according to the Standards of Professional Conduct of the Association of Investment Management and Research (AIMR). --30--ECQ/la* SJK/la CONTACT: EquityNet Research, Sherman Oaks Randall D. Lewis, 818/783-5006 rlewis@equitynet.net www.equitynet.net