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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers -- Ignore unavailable to you. Want to Upgrade?

To: Lance who wrote (108)	5/25/1998 7:36:00 PM
From: CO	Read Replies (1) \| Respond to of 4624

Lance, Here is PSI's newsletter on JNNE: Subject: Will JNNE be a big winner????? We think so!!! Date: Fri, 22 May 1998 12:21:00 EDT From: PSIEmail <PSIEmail@aol.com> To: PSIEmail@aol.com Disclaimer: Penny Stock Investments (PSI), is run by a group of individual investors (PSI Staff). They are not financial advisors. The object of PSI, is to supply information, on companies which the PSI Staff feel are undervalued. PSI does not accept payments from companies, to post their information here. All target prices are strictly the opinion of the PSI Staff. PSI is not responsible for your investment actions. PSI never gives a direct invitation to buy or sell a stock. You should always do your own research, before investing in any company. You must also understand the risks involved, when investing into one of PSI's picks. Past performance should not be used, to predict future returns. Be aware that some information on PSI, may be totally inaccurate. Also be aware that the PSI Staff, may have positions in their picks, before they recommend the company. They may also sell their shares of that company, without any kind of notice. To be taken off this mailing list, send an email to: majordomo@serve.com The body of the message must read: unsubscribe psilist ----- Jones Naughton Ent. (OTC BB:JNNE) Latest Price: $0.10 Shares Outstanding: 38MM Float: 28MM 1999 "estimated" EPS: $0.21 CEO: Joseph Naughton ----- Jones Naughton Ent. is scheduled to become fully reporting, later this year. JNNE recieves a percentage of member's mortgage loan fees, from COSTCO Retail Stores. In 1999, JNNE could make around $12MM in income from this deal, depending on how much in money in loans, COSTCO processes. ----- Here is their latest press release: Jones Naughton Reports Significant Business Developments Company Reports Significant Increase in Shareholder Interest LOS ANGELES--(BUSINESS WIRE)--May 21, 1998--Jones Naughton Entertainment, Inc. today issued a statement regarding significant business developments. The Company also addressed the recent sharp increase in shareholder interest and trading volume. According to Company Chairman Joseph Naughton, increased interest in Jones Naughton Entertainment is a reflection of the Company's diligent efforts to maximize current opportunities. ''As an information technology Company, we recognize that investors are keenly aware of this industry and we have recently experienced a much higher volume of investor inquiries. Our overriding goal has been to plan carefully, negotiate thoughtfully, and execute thoroughly each Company program and acquisition. We believe the success of this strategy is, to a great degree, responsible for the dramatic rise in interest from the investment community. ''We are currently involved in negotiations to acquire a profitable publishing, advertising and direct marketing company which will further build upon our foundation for growth. This acquisition would be of great financial benefit to our Company and accretive to shareholder value. We will announce details of this acquisition as soon as possible, hopefully in the next few weeks.'' Updating other Company developments, Naughton also commented, ''Additionally, Jones Naughton receives royalty income from a program developed for marketing financial services through mass market retailers. This concept is currently being used by a major mass market retailer and the program is expected to be expanded substantially over the next few months. As always, we will continue to define more and better ways to generate increased revenues and greater profits for our shareholders.'' Jones Naughton Entertainment (OTC Bulletin Board:JNNE - news), through its COMMUNITY MARQUEE division, operates audio visual information systems custom- designed to provide free, instant and site-specific information to commercial businesses for advertising and marketing goods and services in a wide variety of community forums. Current subscribers to the system include the U.S. Army Recruitment Offices, Enterprise Rental Car, Great Western Savings, National University, Manpower Inc. (NYSE:MAN - news; NYSE:MAN - news), Temporary Employment Agency, Round Table Pizza and a host of independent businesses. Planned growth is through acquisition of small specialized marketing companies in targeted markets nationwide. Jones Naughton also receives royalty income from a program developed for marketing financial services through mass market retailers. This press release contains forward-looking statements which are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve a number of risks and uncertainties, including timely development and market acceptance of certain products and services, successful integration of acquisitions, the ability to secure additional financing and the ability to operate within the framework of available resources. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. ----- PSI is located at pennystocks.net

To: Lance who wrote (108)	5/25/1998 7:38:00 PM
From: CO	Respond to of 4624

Lance, I just noticed that Top Dog says not to cut and paste their e-mail. So I removed the excerpt that I posted. Cheryl