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To: barbara sperino who wrote (13017)5/1/1998 1:09:00 PM
From: NASDBULL  Respond to of 34592
 
Could be mm's breaking up larger sell orders.

Matt



To: barbara sperino who wrote (13017)5/1/1998 1:11:00 PM
From: Big Dog  Read Replies (1) | Respond to of 34592
 
Barb, I know you are one of the people that listened to me about MXNT a few days ago at 1.80. I posted about it this morning again. Well, this baby is at 3.00 now and it will keep on going.

Here we go MXNT, I am buying more for the long term.

BIG DOG

(COMTEX) MAXNET SIGNS LETTER OF INTENT TO ACQUIRE INTRASOFT LTD.
MAXNET SIGNS LETTER OF INTENT TO ACQUIRE INTRASOFT LTD.

ENGLISHTOWN, N.J., May 1 /PRNewswire/ -- Maxnet, Inc. (OTC Bulletin
Board: MXNT) is pleased to announce that it has signed a definitive
Letter of Intent to acquire Intrasoft Ltd., a privately held company
based in Melville, Long Island, New York. Intrasoft is an Internet
marketing company, whose primary products consist of Online-Industry
Directories and Exclusive Business Guides built as highly advertised
websites falling under the Internet address www.WebPhoneBook.com.

Similar to successful services such as 1-800-Flowers, WebPhoneBook
offers businesses an exclusive presence on a featured Internet website
service in a selected geographic area of their choice designated by
zipcodes. With each zipcode listing representing $500.00 annual
revenue at the introductory price, and over 30,000 zipcodes available,
the potential exists for each industry to generate a minimum of $15
million a year. With hundreds of industries that could potentially
benefit from the WebPhoneBook service and considering that over $11
billion is spent annually on Yellow Page advertising alone, the
Company's potential is enormous.

Upon completion of the acquisition, Maxnet, Inc. plans to apply to
change its name to WebPhoneBook, Inc. to reflect its new Internet
marketing business, and plans to relocate its headquarters to the
Intrasoft, Inc. location in Melville, New York.

Certain of the statements included in this press release constitute
forward-looking statements within the meaning of Section 27A of the
Securities Exchange Act of 1934, as amended. The Company notes that a
variety of factors could cause the Company's actual results and
experience to differ materially from those expressed in these
forward-looking statements.
SOURCE Maxnet, Inc.

-0- 05/01/98 /CONTACT: I. Goldreich, VP of
Maxnet, 516-424-6624, or maxnet@juno.com; or Tony R. Golden, or
Alistair J. Deakin, analyst, both of Investor Communications Group,
770-351-9700, for Maxnet/

(MXNT)
CO: Maxnet, Inc.; Intrasoft Ltd. ST: New Jersey IN: CPR MLM SU:
TNM

*** end of story ***