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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Aj-Ruk who wrote (21550)	2/14/2000 8:01:00 AM
From: Joe Copia	Read Replies (1) \| Respond to of 25711

MEHO news: Monday February 14, 6:02 am Eastern Time Company Press Release SOURCE: Meridian Holdings, Inc. Meridian Holdings, Inc. Launches 'Frequently Asked Questions' Section At www.meho.com with Discussion of Subscription Program/Dividend Distribution LOS ANGELES, Feb. 14 /PRNewswire/ -- Anthony C. Dike, MD, chairman and chief executive officer of Meridian Holdings, Inc. (OTC Bulletin Board: MEHO - news), announced today that the company has instituted a ``Frequently Asked Questions' (FAQs) at the company's web site at meho.com with a discussion of the Meridian's Subscription Program and dividend policy for shareholders of the company's common stock. Under the company's Subscription Program, shareholders who own at least 100 shares of stock of the holding company in a single account on a given record date will be given the opportunity to participate in a portion of the initial public offering of a Meridian Holdings, Inc. majority-owned or subsidiary company. In addition to setting forth eligibility requirements, the FAQs provide a discussion of procedures for notification and subscription and typical time frames associated with the program. Parameters for dividend distribution are also provided, along with an explanation of how record dates are determined for such purpose. ``Our recent dividend distribution stimulated a lot of interest and shareholder participation, and we wanted to ensure that investors understand Meridian's practices and procedures in this important area going forward. Although we will notify shareholders concerning specific opportunities under our subscription program and any dividend distributions, the FAQs provide an efficient mechanism to disseminate this information to the investing public,' said Dike. He indicated that the company intends to update its FAQs regularly and that investors may submit additional questions to the company through its web site. About Meridian Holdings, Inc. Meridian Holdings, Inc. is an acquisition-oriented holding company focused on building, operating and managing a portfolio of business-to-business companies. Meridian seeks to acquire majority or controlling interests in companies engaged in e-commerce, e-communication, and e-business services, which will allow the holding company to actively participate in management, operations and finances. Meridian's network of affiliated companies is designed to encourage maximum leverage of information technology, operational excellence, industry expertise and synergistic business opportunity. Meridian is committed to building shareholder value by positioning affiliated companies as independent business entities in which Meridian shareholders enjoy equity participation. Visit Meridian's web site at www.meho.com. NOTE: Statements contained in this release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange of 1934 and are made subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that such forward-looking statements, including but not limited to statements about expected future events and/or financial results, invoke risk and uncertainties and that actual future events and/or the company's actual results may differ materially from such forward-looking statements. Such risks and uncertainties include but are not limited to the company's ability to develop new business in the area of managed care, its ability to attract and retain key personnel, its ability to finance its plans for growth, general economic conditions and other factors discussed in such forward-looking statements and/or the company's periodic filings with the Securities and Exchange Commission. SOURCE: Meridian Holdings, Inc.