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To: SSP who wrote (11588)	10/12/1999 10:01:00 AM
From: SSP	Read Replies (1) \| Respond to of 150070

A: Planet Hollywood seeks Chapter 11, shuts eateries A: Planet Hollywood seeks Chapter 11, shuts eateries ORLANDO, Fla., Oct. 11 (UPI) _ Planet Hollywood, the theme restaurant chain backed by stars such as Sylvester Stallone, Demi Moore and Bruce Willis, announced Monday it would shut almost one-third of its 32 outlets in the United States. Planet Hollywood International Inc. said it would file Tuesday for Chapter 11 bankruptcy reorganization in Delaware, where the company is incorporated. Nine restaurants were closed Monday, including one in Indianapolis, where retail developer Gary Linder said the restaurant's business suffered 'a huge drop' during its second year despite a prime downtown location. Before Monday's closings, the restaurant company owned 48 of its 70 locations worldwide. Recorded telephone messages told customers the restaurants, which feature movie memorabilia and stars' hand-prints, had been 'permanently' closed. 'Today is the first step in our plan to position Planet Hollywood for a return to long-term profitability and healthy growth,' founder and chief executive officer Robert Earl said in a statement issued from the company's Florida office. Executives with the theme restaurant giant said there could be 'a couple of additional unit closures' or conversion of company-owned restaurants to franchise operations. The British-born Earl, who ran the Hard Rock Cafe before starting Planet Hollywood in 1991, said the restaurants that are not being closed will get upgraded menus and 'will generate positive cash flow.' Planet Hollywood lost $244 million in 1998 and was delisted from the New York Stock Exchange in August. A recent Securities & Exchange Commission filing said that Earl, Singapore billionaire Ong Beng Seng and Saudi Prince Alwaleed bin Talal each planned to put up $10 million to recapitalize the business. Celebrities including Arnold Schwarzenegger, Stallone, Willis and Moore held investments in the early days of the company, which became publicly traded in April 1996. _-

To: SSP who wrote (11588)	10/12/1999 10:02:00 AM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

DIGGE just got a call from Johnboy, he's in Calgary, on his way to pick up Tim Davies, to go and visit the new DIGGE facility there, and meet with one of the technical guys that has spent some time in the China oilfields. We'll hear back from them later today.

To: SSP who wrote (11588)	10/12/1999 10:03:00 AM
From: Coral4pH_dot_com	Respond to of 150070

USAV!!! Check out the news, CNBC date on CNBC's .com program. A major acquisition with depletion of 3 million shares. Apparently could be shorted millions of shares come Monday as USAV plans on a verdict of specific companies buying back the 3 million shares in the open market. This is BIG!!! quotes.freerealtime.com CostPlusFive.com Acquires Beverly Boulevard Associates Inc. as a Wholly Owned Subsidiary BERMUDA DUNES, Calif., Oct 12, 1999 (BUSINESS WIRE) -- CostPlusFive.com (OTC BB: USAV) Tuesday announced that after lengthy negotiations, it has signed a Stock Purchase Agreement to purchase Beverly Boulevard Associates Inc. as a wholly owned subsidiary for 3 million shares of CostPlusFive.com Inc. common stock. CostPlusFive.com is an Internet e-commerce business specializing in the sale of computers and computer equipment at 5 percent over cost. Beverly Boulevard Associates operates two of the largest courier services in Southern California under the business names of Corporate Couriers and Corporate Legal. They have been in business for 17 years and have annual sales averaging more than $3 million. The addition of Corporate Couriers and Corporate Legal to CostPlusFive.com is an integral part of their continued growth program and establishment of a system of nationwide affiliate locations. Frank Scivially, president of CostPlusFive.com, commented: "This action is extremely positive for the company. It will open up new opportunities for our affiliates and enhance service and support of our core products, plus Corporate Couriers' management team is very strong and will enhance our management team and board of directors." Mike Taradash, president of Corporate Couriers stated: "The acquisition of Corporate Couriers by CostPlusFive.com Inc. is a good strategic move for both companies. I am extremely impressed with the CostPlusFive.com business model and their products, and believe that our businesses are complementary. "Jointly, we will develop strategic relationships with a host of affiliates allowing us to take our business model nationwide immediately. Our shared goal for affiliate growth is paramount." Taradash has more than 30 years in the courier business, first in Chicago and then in Los Angeles for the past 20 years. The company operates from a single tenant, two-story office building in Los Angeles with more than 4,000 square feet to accommodate a staff of 18 administrative, sales and dispatching personnel. The downtown location serves as the nerve center for the operation where more than 100 messengers are dispatched daily throughout Southern California, via the company's state-of-the-art radio system. Representative customers include major movie studios, leading national law firms and accounting firms, area schools and universities as well as various governmental agencies. According to Forrester Research, a leading Internet research firm, projected spending for Internet advertising is expected to reach $15 billion by 2003 with the value of goods and services traded over the Internet to be over $165 billion by the year 2000. "The addition of the courier service to our company will allow for our implementation of a delivery system for such service in a much more rapid and efficient manner than the proposed expansion of the U.S. Postal Service into the e-commerce market," Scivially noted. Scivially and Taradash will appear on CNBC's .COM program on Saturday, Dec. 4, 1999 at Noon, Eastern time to discuss the company's marketing plans, affiliate program and growth opportunities. The .COM program, hosted by Mark Hamil, will be replayed on the Bravo channel on Monday, Dec. 6 and Friday, Dec. 10, 1999 at 8 a.m. Eastern time. For more information, contact CostPlusFive.com Investor Relations, Skip Nordstrom, at 800/561-4642. This news release may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from the statements contained herein. Such risks and uncertainties include, but are not limited to, changes in the performance of the financial markets, change in the demand for and market acceptance of the company's products and services, changes in the mortgage and Internet industry, the impact of competition and other risks disclosed from time to time in the company's regulatory reports and filings.