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To: Sachem who wrote (623)5/17/2000 9:56:00 PM
From: DEER HUNTER  Respond to of 1129
 
Thanks. Well.... the stock keeps on a droppin. If it keeps this up much longer even the institutions will be doing that average down routine.

dh



To: Sachem who wrote (623)5/18/2000 3:00:00 PM
From: DEER HUNTER  Respond to of 1129
 
here ya go.... what u were referring to yesterday.

biz.yahoo.com

Thursday May 18, 2:22 pm Eastern Time
Company Press Release
Latest SEC Filings Show Institutional Holdings Up for Applied Digital Solutions
PALM BEACH, Fla.--(BUSINESS WIRE)--May 18, 2000--The latest filings with the SEC show a strong increase in institutional ownership for Applied Digital Solutions, Inc. (NASDAQ:ADSX - news).

According to the latest 13g, 13d, and/or 13f filings, institutional holdings stood at 3.182 million shares or 6.49%. The number of institutions holding Applied Digital Solutions common stock increased to 29.

The filings indicate the top five holders as Locken, Chestnut and Cape, Barclays Global Investments, Suffolk Capital Management, Morgan Stanley Dean Witter Investment Management, and Dimensional Fund Advisors. Others having filed reports of ownership include Bear Stearns Asset Management, American Century Investment Management, Goldman Sachs.

Richard J. Sullivan, Chairman and CEO of Applied, commented on the continued increase: ``Clearly, our message is being heard over the clamor of a difficult market. We are extremely pleased to be able to report this increase in from the most recent filings.''

About Applied Digital Solutions, Inc.

Applied Digital Solutions, Inc. is an e-business to business solutions provider offering Internet, telecom, LAN and software services to a wide variety of businesses throughout North America. Applied Digital Solutions differentiates itself in the marketplace by enabling e-business through Computer-Telephony-Internet Integration (CTII). With five-year revenue growth (from 1994 to 1998) of 64,012%, Applied Digital Solutions was ranked as the fifth fastest-growing technology company by Deloitte & Touche in its 1999 Technology Fast 500 listing. For more information, visit the Company's web site at adsx.com .

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are `forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. The Company intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

--------------------------------------------------------------------------------
Contact:

ADS Investor Relations
Robert Jackson, 303/707-1468; Fax: 303/703-8250
rjackson@adsx.com
or
Media contact: Ovations International Inc.
Matthew Cossolotto, 914/245-9721; matthew@ovations.com



To: Sachem who wrote (623)5/23/2000 10:16:00 PM
From: DEER HUNTER  Respond to of 1129
 
news from today.....

Tuesday May 23, 2:30 pm Eastern Time
Company Press Release
Applied Digital Solutions and ATEC Group Agree to Terminate Letter of Intent
PALM BEACH, Fla.--(BUSINESS WIRE)--May 23, 2000--Applied Digital Solutions, Inc. (Nasdaq: ADSX - news) and ATEC Group, Inc. (Nasdaq: ATEC - news) today announced the termination of the letter of intent that called for Applied Digital Solutions to acquire ATEC Group.

Market conditions were cited for the termination. As announced May 5, 2000, Applied Digital Solutions and ATEC had entered into a letter of intent for the acquisition in an all-stock transaction.

Richard J. Sullivan, Chairman and CEO of Applied Digital, elaborated on the decision: ``We are working within extremely difficult market conditions. In this environment, acquisitions, regardless of their synergies or benefits to the top and bottom line, are not being well received. Although our acquisition of ATEC represented potential for a positive long-term relationship, we have determined that it is in the best interest of our collective shareholder base to terminate the letter of intent at this time.''

Surinder Rametra, Chairman and CEO of ATEC Group, commented on the termination: ``While we feel that the shareholders of Applied Digital Solutions and ATEC Group could both benefit greatly from the proposed acquisition, now is not the time to move forward. The market conditions dictate that we terminate the letter of intent.''

About Applied Digital Solutions, Inc.

Applied Digital Solutions is a leading edge, single-source provider of e-business solutions. The company differentiates itself in the marketplace by enabling e-business through Computer Telephony Internet Integration (CTII). With five-year revenue growth (from 1994 to 1998) of 64,012%, Applied Digital Solutions is ranked as the fifth fastest-growing technology company by Deloitte & Touche in its 1999 Technology Fast 500 listing. For more information, visit the Company's web site at adsx.com .

About ATEC Group, Inc.

Based in Hauppauge, New York, ATEC Group, Inc., is a leading system integrator and provider of a full line of information technology products and services. As a one-stop company for the computer needs of businesses, government agencies and educational institutions, ATEC Group offers computer hardware and software, system integration networking, graphic arts, Internet and Intranet. The company is positioned for growth through its capabilities as a PC manufacturer of Nexar technology, in software development and e-commerce. For more information, visit the company's website at atecgroup.com .

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. The Company intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

--------------------------------------------------------------------------------
Contact:

Ovations International, Inc.
Matthew Cossolotto, 914/245-9721
matthew@ovations.com
or
ADS Investor Relations
Robert Jackson, 303/707-1468
rjackson@adsx.com