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To: Captain Ed who wrote (45520)1/21/1999 12:10:00 PM
From: Logistics  Read Replies (1) | Respond to of 119973
 
AGMX and AMAZON.

Associated Golf and Amazon.com Sign e-Commerce Agreement

Associated Golf Management, Inc. (OTCBB: AGMX), a multi-faceted sport
and fitness retailer, developer of signature series championship golf courses
and primary shareholder and operator of the National Senior Tour, has
entered into a business relationship with Amazon.com, Inc. (Nasdaq: AMZN).
Under the agreement, Amazon.com will be Associated Golf's provider of
golf, fitness and sports-related books, video, DVD, CD and computer games
at the Company's e-commerce site, BigGolfStore.com.

"Amazon.com is a leading light of the developing e-commerce industry.
They have unrivaled selection and brand name recognition. The start of
this relationship is a red-letter day in the development of our internet
selling and marketing strategy. This alliance with Amazon.com will
enable our customers to easily purchase books about golf, fitness and sports. It can
add significant revenues to our business, and forms an integral basis for the
growth of our web-based sales," said Mr. Thomas Taggart, President of
Associated Golf.

As noted in previous announcements made earlier this month, Associated
Golf has made a commitment to offer golf enthusiasts the most
comprehensive sport, fitness, golf and nutritional information as well as
equipment and related accessories available on the worldwide web.
Presently, Amazon.com golf-related products are featured in the virtual
BigGolfStore.

Associated Golf's president, Mr. Thomas Taggart, said "As recently noted in
the Computer Industry Almanac, internet-connected computing is expected
to grow 800% to 450,000,000 people, worldwide, within three years. This
alone provides a compelling reason to shift corporate focus to web-based
strategies. Furthermore, our forward-looking National Senior Tour sponsors
have encouraged our presence throughout the net to expand the
co-marketing and co-branding nature of those relationships. We believe our
Amazon.com agreement is a significant component in our strategy of
involvement with key internet players."

Readers are invited to visit the web-store and shop today. In the near
term, a virtual retail clothing, equipment and accessory e-commerce mall is
expected to be launched under a joint announcement with our industry
partner.

Amazon.com Inc., the Internet's No. 1 book and No. 1 music retailer, opened
its virtual doors on the World Wide Web in July 1995. Today, the
Amazon.com store has expanded to offer more than 4.7 million book, music
CD, DVD, computer game and other titles, plus secure credit card payment,
personalized recommendations, and streamlined ordering through 1-Click
(SM) technology.

The Company's e-commerce operations target retail and wholesale markets
via BigGolfStore.com and the National Senior Tour. The Company intends
to acquire and consolidate several golf equipment manufacturers as well as
teaching aid/instructional golf product providers. By consolidating
product-lines and pursuing an intense marketing and sales campaign via the
worldwide web, the Company expects to become one of the larger
distributors and marketers of fitness and golf related products. Using
web-selling success strategies and technologies of other internet sales
companies like Amazon.com and Ebay Inc., Associated Golf's goal is to
become the source for fitness and golf on the internet. The Company's
strategy anticipates further integration of joint ventures/partnerships with
premier industry e-commerce platforms and search engines.

This release contains forward-looking statements regarding future plans and
expected performance based on assumptions believed to be reasonable. A
number of risks and uncertainties could cause actual results to differ
materially from these statements. The accuracy of such statements cannot
be guaranteed as they are subject to a variety of risks.

Associated Golf Management, Inc. (Symbol : AGMX)
Contact : Eddie Pearce
Telephone : (813) 282-9447
Facsimile : (813) 282-9548
1111 Westshore Blvd., Suite 300
Tampa, FL 33607

*.



To: Captain Ed who wrote (45520)1/21/1999 12:18:00 PM
From: Sipowitz  Respond to of 119973
 
ATEA..Hate to burst your bubble but......

This from the Yahoo board for ATEA:

<I spoke with IR yesterday. What actually happened is that a large institutional holder sold to a
broker(told me which one but I forgot). The broker then sold to another institutional holder. It was not
actually 2.1MM shares that traded, it was 1.05 that traded twice. IR would not tell me who sold but
when I mentioned Wellington was the only institutional owner with that many shares, he didn't correct
me. This is a reportable transaction so we will see the details soon. My guess is that Wellington and
somebody decided to swap Astea and something else in a negotiated deal so they can take the losses.
I was hoping for more......yet another disappointment. >