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Technology Stocks : FBN Associates: A Perfect Company -- Ignore unavailable to you. Want to Upgrade?

To: TEDennis who wrote (235)	6/13/1998 1:57:00 AM
From: jhild	Respond to of 2117

Shhh. I think we might have a shot at getting our hands on a new shell company, doing a reverse 10 to 1 split to drive the price down, and then buy up the remaining outstanding, and reverse merge it. Who needs IPO's? Holy Cow! I'm going to patent this idea. I doubt there is any prior art to be discovered.

To: TEDennis who wrote (235)	6/13/1998 2:15:00 AM
From: TEDennis	Read Replies (2) \| Respond to of 2117

This news item compliments of Sedona's Red Rock News, Friday 6/12/1998 ********* In a surprise move today, FBN Associates President & CEO TEDennis announced his retirement ... again. Said TEDennis, "Hey, many people didn't think I'd last this long. I mean, give me a break. Nine months at FBN is a full two months longer than the prior three companies I ran before retiring. My employment agreements and benefits packages were carefully structured such that when the company reached a certain valuation, then retirement for me would be far more beneficial than remaining employed. We have reached that valuation, and I feel I must retire to fulfill my employment obligation." Asked about his future plans for the company, TEDennis responded: "FBN started as a far-fetched dream on the Internet. Now look at it. We have perfected it. There is nothing we can do to improve it. I owe our success to my superior staff of executive officers. Without them, FBN Associates would be nothing! I'm so proud of what we have accomplished. I, of course, will continue to provide moral support for the company and our loyal stockholders. Rest assured that I will not sell any of my precious shares. You other shareholders out there ... be confident that the share price will not erode from its current level. This is a no-lose proposition. Hang in there!" FBNA analyst I.M. Paydoff had this to say about the news of TED's retirement: "That guy TEDennis spends too much time on his Harley. It's about time he stepped aside and let someone with more interest in FBNA's daily activities run the company." When asked about who might succeed TEDennis, Mr. Paydoff replied, "Speculation in the industry has been rampant. About all we know for sure is it's not someone named Bruce. FBNA's Board of Directors will be meeting soon to name a successor." When pointed out to TEDennis that he was the CEO and majority shareholder and thus had the ultimate say over the selection of his successor, he replied "Yeah. Ain't that a kick in the pants?"