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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (152)	10/21/1999 3:05:00 PM
From: LANCE B	Read Replies (1) \| Respond to of 4792

SRUN- 1 HOUR LEFT TO OWN.. SPAM TIME,BUT FOR EVERYBODIES GOOD I HOPE.. (BSNS WIRE) Staruni to Distribute ibargain.com Stock to Shareholders Staruni to Distribute ibargain.com Stock to Shareholders Business & Technology Editors BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Sept. 27, 1999--Staruni Corp. (OTC BB:SRUN) announced that it had authorized the distribution of 1 share of ibargain.com for each 2 shares of Staruni held; no fractional shares will be issued. Fractional shares will be paid out at $4 per share. The distribution will be made on November 15, 1999, to shareholders of record on October 21, 1999. This distribution of shares by Staruni will be in the form of a dividend to its shareholders. Staruni is a 100% owner of ibargain.com. Staruni will be distributing 30% of its shares to its shareholders, as well as an additional 15% to private investors. At this time, the Company makes no opinion regarding the tax consequences. The Company suggests that independent tax advice concerning this distribution be obtained. ibargain.com was formed as a bargain retailer on the World Wide Web. It plans to develop an auction site as well as a "price-search" site. Staruni Corporation, based in Southern California, provides Internet access and e-commerce solutions to both individual and business users. Staruni is aggressively expanding its customer base through the acquisition of existing providers, as well as strategic alliances with e-commerce companies Staruni is presently developing various e-commerce sites. They include officewarehouse.com, an on-line office supply store; igold.com, an on-line jewelry store; loveandmarriage.com, a wedding registry site; casinodirectory.com, a cyber-guide to domestic and international gaming; and whattup.com, a "Yahoo"-type portal. On Sept. 23, 1999, Staruni announced that it will be filing a Form 10 with the SEC in the next 30 days and will then be a fully reporting company. The release herein may contain or identify forward-looking statements. These statements are based on a number of assumptions and estimates that are inherently subject to uncertainty and contingencies, many of which are beyond the control of the company and reflect future business decisions that are subject to change. --30--ECQ/la* AJE/la CONTACT: Staruni Corp., Beverly Hills Bruce D. Stuart, 310/358-2340 Fax: 310/358-2344 www.cyberhotline.com and www.staruni.com webmaster@staruni.com KEYWORD: NEVADA CALIFORNIA INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com

To: LANCE B who wrote (152)	10/21/1999 3:14:00 PM
From: Tom Allinder	Read Replies (2) \| Respond to of 4792

VCRI has a lot of credit: LOUISVILLE, Ky., Oct 1, 1999 (BUSINESS WIRE) -- Vencor, Inc. (the "Company") today announced that the United States Bankruptcy Court for the District of Delaware (the "Court") gave final approval to the Company's $100 million debtor-in-possession financing (the "DIP Financing") with a bank group led by Morgan Guaranty Trust Company of New York. The DIP Financing and existing cash flows will be used to fund the Company's operations during the restructuring. As of October 1, 1999, the Company had no outstanding borrowings under the DIP Financing. The Court also approved the Company's motion to establish a vendor reclamation procedure. Vencor and its subsidiaries filed voluntary petitions for reorganization under Chapter 11 with the Court on September 13, 1999. Vencor, Inc. (OTC/BB:VCRI) is a long-term healthcare provider operating nursing centers, hospitals, and contract ancillary services in 46 states.