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To: Matthew J. Landi who wrote (1262)	6/12/1998 10:28:00 PM
From: Ferick	Respond to of 2595

Me too, all. As long as it is of question, did Investor's Business Daily print the Araldica article announcing earnings (Monday, August 25, 1997) or is this article reprinted under the Investor's Business Daily letterhead by other than Investor's Business Daily? This is really driving me crazy. I just had to ask.

To: Matthew J. Landi who wrote (1262)	6/13/1998 3:06:00 PM
From: Lazarus	Respond to of 2595

HHmmm...what the company says?? I challenge anyone here to.... call the company and asks them what this means: QUOTE from April 28 press release -- Quote>>>>>In its prior press releases of (i) 16 January 1998, announcing the Danielle acquisition, and (ii) 10 March 1998, announcing the company's unaudited, consolidated financial statements for the year ending 31 January 1998, the company had appropriately assumed that the executed Danielle contract would be honored. <<<<< Then ask the company how much the earnings might be if the Danielle deal does not go through. ask them "if it is not .025 cents per share -- can I assume it will only be 10% less than that (.022) ?? -- as the former press release indicates." [see below] QUOTE>>>>>>>The Gold Coast acquisition has, now been rescinded by the mutual agreement of the parties involved. This event will cause Araldica to have to amend its recently published financial statements; the company anticipates that such amendment will reflect Balance Sheet (Assets and Liabilities) and Income Statement (Revenues and Earnings) reductions of no more than ten percent in any category.<<<<<<< I think that you will find that without Danielle...there will be no earnings.....and that is why the stock is risky right now -- My OPINION ONLY Lazarus

To: Matthew J. Landi who wrote (1262)	6/13/1998 3:18:00 PM
From: Lazarus	Respond to of 2595

ARALDICA expects to become a fully reporting public Company.... on or about October 1, 1997. Taken from company press release dated August 18 1977. araldica.com so....what the company says....and what the company does...are two very different things. Matt -- maybe the company will tell you to assure us that they will be fully reporting by next month. Lazarus