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Technology Stocks : BOYS on CNBC -- Ignore unavailable to you. Want to Upgrade?

To: Hoatzin who wrote (4)	11/10/1998 2:38:00 PM
From: M&A West, Inc.	Read Replies (1) \| Respond to of 9

Public Analysis & Review Announces Investment Opinion on Alternative Entertainment John M. Dutton Will Initiate Professional Coverage for Alternative Entertainment NEW YORK--(BUSINESS WIRE)--Nov. 10, 1998-- Public Analysis & Review (PAR), administered by the non-profit Investors Research Institute, Inc., has announced that John M. Dutton, Los Angeles, CA, a professional analyst qualified in its unique continuing analyst program, will initiate coverage of Alternative Entertainmnt (OTCBB:BOYS - news) beginning immediately. Other companies enrolled in the PAR program include The Football Network (OTCBB:TFNK - news), American Pacific Financial Services (OTCBB:AMPA - news), ALYA International (OTCBB:ALYA - news), Mortgage Bankers Holding Corporation (OTCBB:MBHC - news; Note A), LifeOne, Inc. (OTCBB:LONE - news; Note A), Remington Hall Capital Corp. (OTCBB:REMH - news; Note A), Planet City Software, Inc. (OTCBB:PINC - news), and CorpHQ, Inc. (OTCBB:COHQ - news). Mr. Dutton, a member of both the Boston and Los Angeles Security Analyst Societies, has been an analyst and director of research at several firms including Moseley, Hallgarten, Estabrook & Weedon and LH Friend, Weinress, Frankson & Presson. He was president of Corsair Asset Management, an asset management firm, for over 11 years. For seven years he was a senior executive at the international hospital company American Medical International. Mr. Dutton's present work includes development and execution of strategic and financial planning for small cap companies. The initial report is expected to be issued within a few weeks, and afterwards BOYS will be followed on a quarterly basis after the issuance of each earnings report. Alternative Entertainment, Inc. has positioned itself as an Internet aggregator and a wholesale distributor of media content to the Adult Entertainment Industry. Specifically, as a virtual Internet content provider of advanced online media for E-Commerce on Adult Internet Sites. Additionally, the Company plans to acquire, develop and operate Upscale Gentlemen's Clubs. Its first club, a 15,000 square foot facility in San Francisco, will be open in January 1999. The clubs will provide a portion of the Adult Content that will be distributed through Webmasters to the more than 45,000 adult Internet sites. On line Adult Internet Sites exceed $1.2 Billion in annual subscription revenues with margins as high as 70%. In 1996, Adult Internet E-Commerce transactions represented the single largest segment of Internet revenues (60%). The Company has an extremely strong management team comprised of several key executives from the Gentlemen's Club Industry. To meet the ''scrutiny'' requirement to display the ''Seal of Best Practices in Investor Relations,'' described at the association's website at investorsresearch.org, public company enrollees must demonstrate third-party coverage. Because such coverage has not been readily available, the Institute's board authorized the creation of the PAR program to compensate for the lack of analysts covering small-cap equities. BOYS is a provisional ''Elite'' member of the 'Seal'' program. Full status will be accorded upon the successful completion of a third-party analyst report. Nine wirehouse-quality analysts have qualified in the PAR program. Their reports are issued completely independent of both the Institute and covered public companies. In addition to Dutton, other analysts who have qualified include Joyce Baynard, NYC, Richard Bliss, NYC, William W. Davison, Ph.D., Fairfield, CT, Gerald F. LaKarnafeaux, CFA, Ivins, UT, Stanley Lanzet, NYC, James F. Reda, Marietta, GA, Harvey Robinson, CFA, Laurel, MD, and Bradley S. Wilds, CFA, NYC. Financial aspects of the PAR program are administered for IRI by IRI, Inc. (IRIK), a public company in registration, to uniquely eliminate conflicts. Anyone -- company executives, investors or investment bankers, etc. -- may enroll companies for PAR coverage. Enrollment information is available at parprogram@usa.net . (Note A) REMH and LONE are currently suspended from coverage in the program, and MBHC is on the PAR ''watch list'' due to delays in financial reporting resulting from recent management changes. Initial reports have recently been issued for ALYA and PINC.