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Technology Stocks : TCTV (Tel-Com Wireless Cable TV Corp.) ***RED HOT*** -- Ignore unavailable to you. Want to Upgrade?

To: PIPECOVER who wrote (209)	12/14/1998 11:25:00 AM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 472

It seems hat someone else around here is clarvoiant as well: TCTV signs deal w/ AMEX: "TEL-COM WIRELESS CABLE TV CORP. SIGNS EXCLUSIVE AGREEMENT WITH American Express Tax & Business Services, Inc. for Capital Markets Analysis & Financial Advisory Services Business Editors 12/14/98 11:15 MIAMI--(BUSINESS WIRE)--Dec. 14, 1998--Tel-Com Wireless Cable TV Corporation (Nasdaq:TCTV) announced today that it has signed an agreement with American Express Tax and Business Services, Inc. ("American Express TBS"), a wholly owned subsidiary of the American Express Company, under which American Express TBS will provide financial consulting services to TCTV and its subsidiary, The 5th Avenue Channel, Inc. On an exclusive basis, American Express TBS will assist TCTV in evaluating options for its capital structure and in preparing for and managing one or more capital transactions. The 5th Avenue Channel, a soon-to-premiere luxury lifestyles television channel, will be hosted by Ivana Trump, who serves as Chair of the Board of the TCTV subsidiary. The Channel will air business programming in its "5th Avenue Financial" segments; fashion shows, travel and other lifestyles programs; and shopping opportunities, including shopping sprees on the Channel's interactive Internet site - 5thAvenueChannel.com. The new web site launched on Friday, Dec. 11, offering high-end merchandise and a wide variety of consumer products at very attractive prices via electronic commerce. Driven in part by its television programming and media presence, 5thAvenueChannel.com anticipates attracting shoppers to its site from around the world. Club 5th Avenue members will be offered, on television and through the Internet, special shopping opportunities, travel bargains and frequent buyer benefits. Ivana Trump stated: "We are very pleased to have American Express TBS as a financial advisor as we move forward with our business plan for the television channel and our Internet site." "5th Avenue Channel's combination of its Internet site and television channel has already created several opportunities for strategic alliances with our clients," said Michael Gilburd, Managing Director of American Express TBS, Phoenix. American Express TBS is one of the nation's fastest growing business advisory firms, with more than 50 offices in 18 states. Among its many services, American Express TBS provides business valuations for capital markets and other purposes, and financial management and consulting. These services focus on buying or selling a business, ESOPs, buyouts, financings, franchise development, strategic planning and financial structuring for small and middle market businesses. In addition to its controlling interest in The 5th Avenue Channel, Inc., TCTV is a provider of wireless cable and satellite television and other programming for residential and commercial customers. Forward-looking statements (statements which are not historical fact) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in the company's filings with the Securities and Exchange Commission. --30--gaa/mi* CONTACT: Tel-Com Wireless Cable TV Corp., Miami Samuel H. Simkin, Vice President & General Counsel 305/947-3010