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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (6580)	2/22/1999 3:55:00 PM
From: Wayne Rumball	Read Replies (2) \| Respond to of 11130

Looks like tomorrow's gapper

To: Dave Gore who wrote (6580)	2/22/1999 6:45:00 PM
From: Andrew H	Read Replies (2) \| Respond to of 11130

Noticed AVRI (tomorrow EDOC) among Kimberly's trades and thought there could be some upside--here is some information. The first part is a post which speaks of a major news conference tomorrow and of today's news. The second part is a clip from a January PR which mentions that AVRI was founded by the founders of well known LHSPF and that LHSPF has made a cash infusion of 8.75M into AVRI. Speculation suggests this may facilitate a Nasdaq listing at some point in the not too distant future. I would expect the stock to do well in anticipation of the news conference tomorrow, and if the news is good, it could run from there. Seems to fit most of the thread's criteria, although it is above 1. >>To: Patrick (100 ) From: Mike Irving Monday, Feb 22 1999 10:56AM ET Reply # of 103 PATRICK: This morning AVRI announced a new name and symbol change. The company will change their name to e-DOCS.NET, and the symbol to EDOC. This reflects the companys resolve to be the "Virtual Physician Network" and firmly establish themselves as the medical professions document company. The company is having a major news conference in NYC tomorrow from 4:30pm to 6:30pm in the Cotillion ROOM of the Pierre Hotel. The company is on track to do 20 million in Revs for this year and with the launch of Voice Commander99, should have an exciting year. The companys stratagy of placing networks with the medical community for transcription services is just the tip of the iceberg. Even though the transcription business is ripe for this innovation, and highly profitable to AVRI, think about the value of having a national network in place with doctors. I think Tim Connolly has done an amazing job with the direction and vision of this company. AVRI is in reality a company that was in R&D and now is going operational with a business plan, and technology to back that plan up. Investors are hot for Internet companies that show exceptional growth prospects in the future, AVRI fits that bill real well. << >>L & H Investment Company Backs Acquisition Program Of Internet-based Voice Recognition Company HOUSTON--(BUSINESS WIRE)--Jan. 12, 1999-- Applied Voice Recognition, Inc. (OTCBB: AVRI - news; ''AVRI'') and L & H Investment Co. N.V., (''LHIC''), an investment company recently formed by Jo Lernout and Pol Hauspie, co-founders of Lernout & Hauspie Speech Products, N.V. (NASDAQ: LHSPF - news; ''LHSPF''), announced today that LHIC will invest up to $8.75 million in AVRI. The investment will be in $5 million of AVRI preferred stock and the remainder in AVRI common stock. The preferred stock is convertible into common stock at $1.50 per share, and is subject to restrictions on transfer for three years. <<