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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (5720)	6/23/1998 1:40:00 PM
From: ilh1	Read Replies (1) \| Respond to of 25711

Global Telemedia International Announces Merger Agreement Extension and New $24,000,000 Contract ATLANTA, June 23 /PRNewswire/ -- Global Telemedia International, Inc. (OTC Bulletin Board: GTMI - news; ''GTMI'') announced today that it has mutually agreed with Paradigm, Inc. d/b/a Global Communications Network (''GCN'') to extend the time frame to complete the execution of the merger agreement. The company stated that there remains some specific areas of due diligence to complete in order to receive final board approval. GTMI also announced that it has generated a new international contract anticipated to commence 7/15/98 with 10,000,000 minutes a month for a term not less than one year. Roderick A. McClain, Chairman and Chief Executive Officer of GTMI stated: ''By focusing on our primary strength, marketing, we were able to quickly facilitate a contract that generates $2,000,000 a month in revenue during its initial period, with continuing growth utilizing GCN as the underlying carrier. The immediate revenue and cash flow benefits impact both companies and these benefits will be further realized once the merger is completed. The company further added that it is nearing completion of the acquisition and purchase agreement for UltraPulse Communications, Inc. (''UCI''). UCI is a privately held high technology company that enjoys exclusive license from its principal stockholder, Terence W. Barrett, Ph.D., (expert in time frequency analysis, synthesis and related technologies and pulse signal surveillance and communications) for development, production, and marketing of wireless communications products using a new form of ultrafast, extremely high data rate technology. Following the closing on UCI, the company anticipates entering into a license/royalty agreement with one or more significant strategic partners. This release may contain forward-looking statements relating to such matters as anticipated financial performance, business prospects, technological developments, new products, research and development activities and similar matters. The Private Securities Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company's actual results to differ materially from the anticipated results or other expenditures expressed in the Company's forward-looking statements. These risks and uncertainties are detailed in the Company's Form 1OK for the period ended December 31, 1997, and the Company's Form 10Q for the period ended March 31, 1998, and are incorporated herewith by reference. GTMI is a full service telecommunications provider offering complete ''solutions based'' turn key products to other carriers, wholesalers, resellers and independent marketing agents. SOURCE: Global Telemedia International, Inc.

To: Joe Copia who wrote (5720)	6/23/1998 1:44:00 PM
From: Scott A. Trapp	Respond to of 25711

Joe have you ever looked at ETTI? Scott

To: Joe Copia who wrote (5720)	6/23/1998 2:15:00 PM
From: good2yah	Read Replies (1) \| Respond to of 25711

Hey Joe, What's the story with ADCO and TVSI?

To: Joe Copia who wrote (5720)	6/23/1998 2:54:00 PM
From: P.E. Allen	Read Replies (1) \| Respond to of 25711

That URL looks nice for "Bigcharts" unfortunately you cannot access the chart. Nice bluff. How can you post a stock that has dropped from $20.00 and not mention it. Also I have see other post where it indicates that they can not get anything on the symbol. Even Yahoo does not have any news on this company. Where did you data come from? Have to watch your picks very carefully lately. I guess what they say is true, your loosing it and don't know when to quit.