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To: P.E. Allen who wrote (29091)	7/17/1998 11:03:00 AM
From: P.E. Allen	Respond to of 34592

WHAT IS CAGI ALL ABOUT? Here is an old post on the company's background and what lies ahead for this darling of a penny now almost a dollar stock. (Replies: 203) Started By: Sheri Date: Oct 22 1997 10:42AM ET THIS IS NOT BEING SENT OUT AS A BUY RECOMMENDATION, IT IS INFO ONLY! PLEASE DO YOUR OWN RESEARCH. BTS STOCK RESEARCH PAGE Ticker:_CAGI Exchange _OTC:BB Company Name: Carnegie International Corp Bid .51 Ask .59 Close .593 52 - High: 2.12 Low : .25 Street/Suite, ___________________________________________________ City/State, _____________________________________________________ Phone: 1-410-902-7105 Fax : 1-410-902-7100 Average Volume: 29.9K Contact person; __Lowell Farkas Position: President &CEO Description of Business; Carnegie International Corp. is a holding company. which presently has two subsidiaries operating in two separate and distinct industries (financial tansactions and specialty consumer products). Shares Issued 37M Insider 13.16M (restricted for 2 year (Reg 144-S), then only orderly sale (no more than 1%/month) Investor _4.5M Certificated 19.34M (used to buy 2 new companies) (restricted for 1 year) (starting 10/97) Float : 4.5M Earnings-Per-Share _Projected 1998 .20 PE Ratio _based on FY98 earnings: 2.95 Transfer Agent: United Transfer/Colorado Phone# ______________ Contact ______________________ Forecast: The consolidated post tax earnings for Carnegie are projected as follows: 1997 $1,635,200; 1998 $5,643,800; 1999 $15,064,200. Recent News: _ (1)Purchased 100% of the shares of PTT (Europe, Ltd.) and Talidan Ltd., Carnegie estimates that the combined companies will have earnings of five times Carnegie's 1996 earnings. (2)Carnegie International Corp.'s newly acquired subsidiary, Talidan Limited, announced Thursday its new ''Pay As You Go'' Internet billing option which will revolutionize the way on-line information and entertainment services are marketed. ''Billing remains the major problem for content providers,'' said Redfern. ''In many circumstances, potential customers are reluctant to subscribe for access to information via credit card, preferring our 'pay-as-you-go' option settled via the telephone bill option. Any internet server can be easily modified to benefit from Talidan's billing option Developments: (1) Holding company Carnegie International Corp said Tuesday it boosted its 1998 earnings projection to $0.20 per share from $0.154 as one of its units will bring in additional income (2)Carnegie said in a statement that it expected its subsidiary Talidan Ltd ''Pay As You Go'' Internet billing service to add $1.9 million in earnings next year. Market-makers: 7__ Sec filing__First Quarter 1998 will start voluntary reporting___________________________________ Profile: quote.yahoo.com Chart: chart2.bigcharts.com:80/report?r=cobrand&onbad=cobran... Website__Will post Later Email__will post later Notes: PTT is a world leader in the field of interactive voice response with a clear edge in the use of voice recognition via telephone. PTT has proprietary, patented software using the spoken word with no need of touch tone to provide business to business services including on-line ordering, information lines, wage and tax calculation, automated receptionist and inventory control. The company has agreements in place with such companies as Torch Telecommunications, ISS International, Cadbury Schweppes, Unilever, and Mars-Nestle. Talidan Ltd. is a highly successful and profitable privately owned telecommunications company with its core business in South America and other emerging markets including Russia. Talidan has been contracted to develop a Russian ATM system by the Institute of Automated Systems (IAS) the premier data communications company of Russia with an exclusive marketing agreement with MCI and BT for all Concert services. This will allow them to be the only company worldwide able to offer telephone answering, payroll recording, ordering, inventory control and billing, as well as credit card authorization and service using voice recognition.. On-line providers wishing to offer both credit card and ''pay-as-you-go'' payment options are well catered by Carnegie, who offers full clearance facilities through its Electronic Card Acceptance Corp. (ECAC) subsidiary. Carnegie is preparing for Talidan to expand its operations by adapting their product to suit local pay per call billing systems in European and South American markets.

To: P.E. Allen who wrote (29091)	7/17/1998 11:03:00 AM
From: firstman	Read Replies (1) \| Respond to of 34592

WACC NEWS!!! ORLANDO, Fla., July 17 /PRNewswire/ -- WestAmerica Corporation (BB: WACC) announced yesterday it has extended the closing date to August 10, 1998, with Dr. James P. Gills of Tarpon Springs, Florida, to purchase the first 35 acre tract of its 285 acre development located in Polk County, Florida, within a 10 minute drive of Walt Disney World. Daniel M. Boyar, chairman and chief executive officer of WestAmerica said "WestAmerica has recently received unanimous approval from the Polk County Commission for the Company's land use plan and is eager to complete the acquisition of the land from Dr. Gills and commence construction." Mr. Boyar continued, "the Company now has approval for 750 units (39,000 timeshare weeks) to be built and sold as timeshare on the property and the first phase, consisting of 162 units (8,424 timeshare weeks) built on 35 acres, will give us a rapid start in the dynamic Orlando market. Based on RCI Consulting's feasibility study we expect a sellout in excess of $460,000,000 over a 10-year period bringing 20% to the bottom line, pre-tax." WestAmerica's timeshare resort will include single-family homes and villas, some featuring 3 bedrooms, 3 baths, with heated pools and spas, with an 18-hole championship golf course and complete resort amenities -- the first project of its kind developed by a public company. WestAmerica Corporation, a leisure industry company, is in the principal business of developing vacation ownership (timeshare) destination resorts. From time to time, the company may issue forward-looking statements that involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results could differ and any forward-looking statements should be considered accordingly. SOURCE WestAmerica Corporation -0- 07/17/98 /CONTACT: Daniel M. Boyar of WestAmerica Corp., 407-354-3333/ Companies or Securities discussed in this article: Symbol Name BB:WACC Westamerica Corp