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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (12514)2/25/1999 11:48:00 AM
From: Bidder  Respond to of 25711
 
Joe, What's going on With JTAN?



To: Joe Copia who wrote (12514)2/25/1999 12:38:00 PM
From: Blitz  Respond to of 25711
 
KANA News!

(BSNS WIRE) Kanakaris Announces $5 Million Line of Credit to Pursue Inte
Kanakaris Announces $5 Million Line of Credit to Pursue Internet Opportunities


Business Editors and High-Tech Writers

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Feb. 25, 1999--

Alliance Equities Inc. Provides Kanakaris With Support for its
Internet LifeStyle eCommerce Development

Kanakaris Communications Inc. (OTC BB:KANA) Thursday announced
the receipt of a $5 million line of credit from Alliance Equities
Inc., a Florida-based venture capital firm, to pursue current Internet
opportunities, eCommerce development, and a possible stock buy back
program.
Richard Epstein, president of Alliance Equities, stated: "We are
very excited to be involved with Kanakaris. We are providing
Kanakaris with the funding needed to explore various current Internet
opportunities, including the start-up of the Internet LifeStyle
Network which will be a groundbreaking eCommerce Web site including
auctions of specialty items. Kanakaris will also explore a possible
stock buy back program."
Alex Kanakaris, chief executive officer of Kanakaris
Communications, stated that the relationship with Alliance "Will jump
start the company's efforts with our Internet LifeStyle Network Web
site, and allow us to explore the possibility of a stock buy back
program, as well as other expansion and opportunities on behalf of our
shareholders."
A Memorandum of Understanding was signed with a definitive
agreement scheduled to follow within seven days. The line of credit
is immediately available to Kanakaris, according to Alliance Equities.
Kanakaris Communications is traded on the OTC Bulletin Board and
the Frankfurt Stock Exchange. For further information on Kanakaris
Communications (www.kanakaris.com) contact Colby Marceau, director of
public/investor relations at 714/444-0560; fax 714/549-8970; e-mail
info@kanakaris.com; 3303 Harbor Blvd., No. F-3, Costa Mesa, Calif.,
92626.

This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 (the
"Act"). In particular, when used in the preceding discussions, the
words "plan," "confident that," "believe," "expect," "intend to" and
similar conditional expressions are intended to identify
forward-looking statements within the meaning of the Act and are
subject to the safe harbor created by the Act. Such statements are
subject to certain risks and uncertainties, and actual results could
differ materially from those expressed in any forward-looking
statements. Such risks and uncertainties include, but are not limited
to, market conditions, competitive factors, the ability to
successfully complete additional financings, and other risks.

--30--JS/np* RMS/np

CONTACT: Kanakaris Communications, Costa Mesa
Colby Marceau, 714/444-0560
info@kanakaris.com

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMED INTERACTIVE/MULTIMEDIA/INTERNET
COMPUTERS/ELECTRONICS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com




*** end of story ***



To: Joe Copia who wrote (12514)2/25/1999 12:40:00 PM
From: Quasar  Read Replies (1) | Respond to of 25711
 
ADVR starting to move on news:

February 25, 1999 11:39

Antiviral from Advanced Viral Research Corp. Inhibits CCR5 Cell Receptor for HIV
YONKERS, N.Y.--(BW HealthWire)--Feb. 25, 1999--Advanced Viral Research Corp. (OTC BB:ADVR) announced Thursday that its scientists have discovered that its lead antiviral drug, Reticulose, inhibited the production of a key cellular receptor for HIV.
Using CD4 positive T-lymphocytes, the scientists found that Reticulose markedly decreased the number of cellular CCR5 receptors. The CCR5 receptor is one of the three most important cell receptors needed by the AIDS virus, HIV, to attach to its target cells and initiate infection.

Interference with the function of the CCR5 cellular chemokine receptor is known to increase the resistance of T-lymphocytes and macrophages to HIV infection. A mutation in the CCR5 gene, especially prevalent in individuals of northern European descent, appears to render these individuals resistant to infection by HIV.

Commenting on this research, Dr. Shalom Z. Hirschman, president and CEO of Advanced Viral Research Corp., stated: "The exciting discovery by our scientists that the immunomodulator, Reticulose, interferes with the production of the CCR5 receptor, offers a novel approach to the development of therapeutic agents for HIV infection. This new finding may account, in part, for the beneficial effects of Reticulose in the treatment of HIV infected individuals observed in preliminary clinical trials. Furthermore, this new pathway of inhibiting HIV infection suggests that combination therapy with Reticulose may enhance the therapeutic effectiveness of the AIDS cocktails currently in use."

Reticulose is a peptide nucleic acid preparation produced by Advanced Viral Research Corp., which, based on previous history, has been shown to be effective against a number of viral diseases. For further information, contact Mark Amster at 954/458-7636.

NOTE: This news release contains forward-looking statements that involve risks and uncertainties, including risks associated with clinical development, regulatory approvals, including application to the FDA, product commercialization and other risks described from time to time in the SEC reports filed by ADVR. RETICULOSE is not approved by the U.S. Food and Drug Administration or any comparable agencies of any other countries.

CONTACT: Advanced Viral Research Corp., Hallandale, Fla.
Mark Amster, 954/458-7636