To: Jsolo who wrote (71 ) 5/23/1998 10:24:00 AM From: ztect Respond to of 291
CONTINUATION OF CONVERSATION WITH ZAGOREN ========================================== In my conversation with Glenn Zagoren, like I mentioned previously we spoke about a number of topics. Zagoren's major gripe with the WSJ article was its lackadaisical reporting on Collardeau, and why the article was asking , in essence, only whether or not Jean Pierre Collardeau spoke at a specific meeting at the Florida Trade Data Center rather than about his vast work history in the trading business. The first problem that Zagoren spoke about regarding the diligence of WSJ's reporting is their primary source. Namely, Stella Dryer was not even the chief operating officer of the Florida Trade Center when Jean Pierre Collardeau spoke there. Furthermore when Collardeau spoke at the center he wasn't speaking "for the center" or the "U.S. Export Assistance Center", he was speaking in that forum for completely different organizations. Again the bigger issue that Zagoren pointed out, was not whether Collardeau spoke or didn't speak at one particular event. The bigger issue is Jean Piere Collardeau's experience, which Mr. Collardeau has noted in previous press releases. As Zagoran noted, and anyone can clearly see, the WSJ doesn't examine or even question Collardeau's work history and experience. The article takes only one isolated, and not documented, incident, using non-informed sources, and may or may not be trying to impugn Collardeau credibility and that of his company with one somewhat insignificant event. Zagoren noted that Collardeau is prepared to stand by his previously submitted record, and may be issuing a reply to some of WSJ's specific comments regarding the specific events to which WSJ referred. Zagoren didn't not issue a time line regarding the issuing of Collardeau's reply. Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including, but not limited to, dependence on the PC and consumer electronics, and Internet technologies and on new services based on new technologies; reliability; competition and pricing pressures; and other risks