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Microcap & Penny Stocks : CCAK - Hotel Pay-Per-View / Internet -- Ignore unavailable to you. Want to Upgrade?

To: zookeeper who wrote (1)	7/27/1998 8:57:00 AM
From: Archie Goodwin	Read Replies (2) \| Respond to of 22

NEWS......... (PR NEWSWIRE) DJ: Communication Corporation of America Signs Letter of Int DJ: Communication Corporation of America Signs Letter of Intent to Acquire Telecommunications Subsidiaries GARDEN CITY, N.Y., July 27 /PRNewswire/ -- Communication Corporation Of America (OTC Bulletin Board: CCAK), a provider of telecommunications products and services, announced today that it has entered into a Letter of Intent to acquire Travelers Communication Supply, Inc. (TCS) and Travelers Entertainment Services, Inc. (TES), both of which are divisions of Travelers Utility Supply, Inc., the largest provider of utility products to the RV and mobile home industry in the United States. TCS supplies communication hardware to the cable industry in the United States, Mexico, Canada, and the Caribbean. TES provides pay-per-view cable services to the hospitality industry and currently has approximately 7,500 rooms under contract. Upon completion of the acquisition, CCOA will own 100 percent of Travelers Communications Supply and Travelers Entertainment Services. Mr. Tyler Bell, President of Travelers Utility Supply, will be appointed to CCOA's Board of Directors. Russell Bell will be named Director of CCOA's Travelers divisions. Mr. Frank Panuccio, Chief Executive Officer of Communication Corporation of America, stated, "This is an exciting time for us. The acquisition of TCS and TES will complement our existing products and services while expanding our customer base as well. It will enable us to broaden our telecommunications products distribution capabilities, increase our sales, and diversify our product line. The addition of the TCS subsidiary should double the sales of our hardware division. This acquisition will enhance the capability of the Company to be a strong performer in the telecommunications industry." Initially, the Company plans to market a complete telecommunications package to clients in the hospitality industry. CCOA will be able to provide all of their customers' telecommunications needs -- from long distance, operator, and payphone services to Internet and cable services. Communication Corporation of America is the parent company of 5 wholly owned subsidiaries that provide products and services within the telecommunications industry inclusive of National Sales of Payphone Products, Wireless Communication Services, Telecom Product Financing and Internet Services. Certain oral and written statements of the management of the Company included in this press release may contain forward-looking statements within the Meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. The accuracy of such statements cannot be guaranteed as they are subject to a variety of risks. /CONTACT: Frank D. Panuccio, President and Chief Executive Officer of Communication Corporation of America, 516-832-8200, or fax, 516-832-7063/ 06:57 EDT * end of story * Brian $^)

To: zookeeper who wrote (1)	10/22/1998 11:59:00 AM
From: Walter Morton	Read Replies (1) \| Respond to of 22

CCAK's latest acquisition has a lot of competition. The following is from the 10K of LNET: LODGING MARKET. The Company is the second largest provider (by total number of rooms served) of interactive and cable television services to the lodging industry, currently serving over 630,000 installed hotel rooms in over 4,000 hotels. The Company competes on a national scale primarily with On Command Corporation ("OCC"), the successor corporation to the merger of SpectraVision, Inc. and On Command Video Corporation, and on a regional basis with certain other smaller entities. Based upon publicly available information, the Company estimates that OCC currently serves approximately 893,000 hotel rooms. The aforementioned merger combined two of the largest providers of cable television services in the lodging industry based on the aggregate number of rooms served. The Company historically competed against these two companies prior to the merger and believes that it will be able to compete in the same manner against the newly combined entity. OCC and DirecTV, Inc. ("DirecTV") have entered into an agreement pursuant to which OCC will deliver free-to-guest television programming using DirecTV's DBS signal. The Company believes that its agreement with PRIMESTAR will allow it to provide comparable services to OCC on a competitive basis. There are also a number of potential competitors that could use their existing infrastructure to provide in-room entertainment services to the lodging industry, including franchised cable operators, wireless cable operators, telecommunications companies and DBS providers. Some of these potential competitors are already providing free-to-guest services to the lodging industry and have announced plans to offer guest pay services, including video on demand and Internet services. Some of these companies may have substantially greater financial and other resources than the Company. EDGARONLINE I think the question we need to ask is what is CCAK's goal. What do they hope to achieve by combining these different companies?