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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: Ken Wolff who wrote (1841)	3/1/1999 7:00:00 PM
From: hoffy	Respond to of 2120

GRPV Back in the news. Looks very promising. Group V Subsidiary Forecasts Additional One Million Dollars in Gross Monthly Sales by Fourth Quarter Company Sponsored Sales Force to Hit the Street with New Country Specific Phone Cards SAN FRANCISCO--(BUSINESS WIRE)--Mar. 1, 1999-- Group V subsidiary, Academy Network Services, Inc. (ANS) announced the establishment of a company sponsored distributorship program anticipated to book approximately $1.0 Million in gross monthly sales by June 1999. According to Joseph Monterosso, Chairman and Chief Executive Officer for Group V Corporation, the Company recently finalized an innovative training and incentive program designed exclusively to support ANS's product representatives and distributors. Within 60 days the Company anticipates that key product representatives will be distributing the Company's new highly competitive country specific pre-paid phone cards in several key California markets. Monterosso stated, ''I believe that by the Company directly supporting a group of serious individuals in the direct sales of ANS's phone cards, we will be able to pay commissions well in excess of the market standard to both retailers and representatives, and maintain strong margins for the company.'' Monterosso added that business development plans call for 40 additional representatives to be added to the sales force by the end of July. ''We expect to grow to one hundred representatives in select markets by the end of the year, and I expect that once fully operational, gross sales of this program will run approximately 20 million dollars per year.'' Monterosso indicated that recently announced telecommunications alliances would support Academy's efforts to target developing markets with competitive rates and innovative pre-paid products. The Company indicated that the new country specific pre-paid phone cards to be released within the next 60 days are a direct result of these transactions. All ANS phone card products will be available to independent representatives nationwide for direct wholesale purchase through the ANS web site. Academy Network Services, Inc. is a wholly owned subsidiary of Group V Corporation (GRPV) specializing in niche telecommunication products and services. As a long distance carrier, Academy has the ability to support various configurations of pre-paid phone card traffic on its debit platforms and maintains unlimited capacity to support one plus and toll free long distance traffic for a variety of residential and business applications. Group V Corporation (a publicly traded company OTC: GRPV) is a diversified telecommunications company specializing in some of the world's most profitable market segments including one plus, toll free long distance and pre-paid phone card products. Group V has created a network of complementary companies, many of which offer products and services of their own, many of which market, develop or deliver the products of companies within the Group V family. Forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

To: Ken Wolff who wrote (1841)	3/8/1999 7:23:00 PM
From: Ken Wolff	Read Replies (2) \| Respond to of 2120

LOSING STREAK (cont..) If I am losing, I would want to know why. One way to do this is to see what other experienced traders are doing. I have noticed that experienced traders tend recognize which trades match their abilities. If a trade is moving at a pace where it is blurring and he cannot tell the direction by watching the individual trades, then an experienced trader will stay out. Recognizing the "pace" in an attempt to not trade over your head is one of the keys to successful daytrading. Ask yourself this question: "Can I accomplish a clean stop lose with my skill level and the performance of my broker?" If you are not sure, then you should stay away from the trade and wait for another. Ken www.mtrader.com