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

To: Joe Copia who wrote (24304)	3/20/2002 12:08:00 PM
From: Joe Copia	Respond to of 25711

TNAVQ news seems hot: TRI-NATIONAL DEVELOPMENT CORP - Favorable Ruling New York, New York, Mar 20, 2002 (Market News Publishing via COMTEX) -- Tri-National Development Corp. announced that the Honorable Judge Hargrove, the presiding judge over the Company's Chapter 11 Reorganization in the San Diego Bankruptcy Court, denied a motion from Senior Care Industries and granted the Company's request for an extension of Tri-National's exclusivity period through July 31, 2002. The action by the bankruptcy court extends the period during which only the Company may file a reorganization plan and during which no other party may file a competing plan. The Company also has an additional three months of exclusivity after timely submittal of the plan to solicit the plan's approval. In addition, Judge Hargrove has agreed to a stipulation to "fast track" the lawsuit between the Company and Senior Care Industries Inc. (OTCBB:SENC) with a target trial date in mid June 2002. Senior Care had vigorously and unsuccessfully attempted to oppose the Company's exclusivity extension. Judge Hargrove indicated this extension was appropriate to allow the adversarial issue with Senior Carte to be resolved first. Michael Sunstein, President and Chief Executive Officer, said, "This extension allows the Company and the court the time needed to hear and rule on Senior Care's claims of their alleged purchase of the Company's assets. What is extremely unclear and illogical is why Senior Care would want to file its own plan for the Company if in fact they had already closed on and own the subject real properties -- properties they continue to list on their balance sheet despite the obvious pending litigation. "We continue to work on a comprehensive strategic plan -- a plan we believe will help effect the realization of the significant value of our numerous real estate assets. Such a plan, successfully implemented, would result in the payment of all creditors and reward our longstanding and patient shareholders, whose continued support we greatly appreciate. We look forward to making ongoing announcements of our continuing progress on this path." Tri-National Development Corp. is an international real estate development, sales and management company. This release contains forward-looking statements that involve risks and uncertainties. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. CONTACT: TEL: 858/547-4214 Jason Sunstein, Tri-National Development orp. FAX: 858/547-4219 Email: jason@tri-national.com Internet: www.tri-national.com URL: www.tri-national.com

To: Joe Copia who wrote (24304)	3/20/2002 12:19:34 PM
From: Joe Copia	Read Replies (1) \| Respond to of 25711

Spec play: JRVE an old pick that I just noted this old news. Is this a to-good-to-be-true?n If they get Enron's old biz for pennies on the dollar???????????????/ Jarvis Entertainment Group Initiates Letter of Intent to Purchase Enron Broadband Services, a Subsidiary of Enron Corp. HOUSTON, Feb 19, 2002 (BUSINESS WIRE) -- Jarvis Entertainment Group, Inc. (Pink Sheets:JRVE) today announced it has initiated a letter of intent to purchase Enron Broadband Services (EBS), a wholly owned subsidiary of Enron Corp. (Pink Sheets:ENRNQ). Enron Broadband Services, a Houston-based wholly owned subsidiary of Enron Corp., has assembled a world-class IP network designed for high quality, high bandwidth delivery and application services. EBS also maintains a fiber and optical transport network throughout North America along with dark long haul and metro fibers, real estate, software and other communications equipment. EBS cited their knowledge of and relationship with Jarvis Entertainment Group as leading EBS to believe JEG would be interested in considering an acquisition of all or some of these assets. "JEG has been provided with an overview of the assets offered for sale. Our entire team, legal, engineering, and financial advisers, contributed to the proposal. Two companies on the same exchange, in a related business, both from Houston; it made sense for us to go after this opportunity with diligence," said John D. Jarvis, Chairman and CEO of Jarvis Entertainment Group. "At this point, I will say only this; we have an offer on the table." Jarvis Entertainment is currently pursuing the sale of substantially all of EBS' assets including the IP network, the fiber and optical transport network, long haul dark fiber, metro dark fiber, real estate and equipment. Due to the sensitive nature of this discussion, any and all inquiries must be directed to John D. Jarvis at 281/351-1831 ext. 104. Based in Houston, Jarvis Entertainment Group, Inc. is an Internet technology and entertainment holding company with up to 142 employees, including seasonal, part time, and network administrative staff to support the entertainment, virtual reality, network and information technology complex. For more information on the company, please visit www.jarvisgroup.net for a listing of corporate information, premiere Internet properties, and links. SAFE HARBOR PROVISIONS With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product acceptance, the ability to continually obtain increased orders of its products, the ability to meet installation goals, economic, competitive, governmental impacts, validity of intellectual property and patents, the ability to commercialize its developmental products, technological and/or other factors, which could cause actual results or revenues to differ materially from those contemplated by these statements. CONTACT: Jarvis Entertainment Group, Houston John Jarvis, 281/351-1831 ext. 104 john@jarvisgroup.net or Alex Ellerman, 773/248-7708 alex@jarvisgroup.net www.jarvisgroup.net