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To: Woody who wrote (20619)	6/10/1998 1:37:00 PM
From: Doug Gallian	Respond to of 27968

Yes I called. Talked to a Jay Goldstein about the release. They hired him to do a 30 second commercial for long distance. THAT'S ALL! GMC Holdings (OTC Bulletin Board: GHCM - news) announced today that it has signed an agreement with talk show host Morton Downey Jr. to do a thirty second television spot for long distance telephone service on behalf of GMC and IDT/GHCM/IDTC/Nasdaq. The spot will offer long distance service to the consumer by Downey at a rate far better than all the major carriers. According to Mr. George Khoury, CEO for GMC Holdings Inc., ''I believe that Mr. Downey's strong audience appeal will add a great deal of success to help promote our television spot which will also help to increase sales.''