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To: MoneyMade who wrote (8015)3/1/1999 6:59:00 PM
From: hoffy  Respond to of 15987
 
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: MoneyMade who wrote (8015)3/1/1999 7:13:00 PM
From: Loukas  Read Replies (2) | Respond to of 15987
 
Money what is going on with VCAH.What are your thoughts on DEMC.



To: MoneyMade who wrote (8015)3/1/1999 7:24:00 PM
From: Adam Dale  Respond to of 15987
 
any word on VCAH ??




To: MoneyMade who wrote (8015)3/2/1999 12:58:00 AM
From: Popiye  Respond to of 15987
 
(WGHI) Equity Research Report Issued on Westmark Group Holdings, Inc.

BOCA RATON, Fla., March 1 /PRNewswire/ -- Burkenroad Equity Research (Burkenroad Reports) of New Orleans, La. has issued a stock research report with a "Buy" Recommendation on Westmark Group Holdings, Inc. (Nasdaq: WGHI).

Copies of Burkenroad's report on Westmark can be accessed through various on-line investment services -- including First Call, Bloomberg Financial Services and Nelson's Directory of Investment Research -- or can be obtained directly by calling either:

-- Peter F. Ricchiuti, Director of Research, Burkenroad Reports,

(504) 862-8489, (c/o Marie Daigle)

-- Louis J. Resweber, Westmark Capital Markets, toll-free:

(888) 389-2266, (c/o Christina Domingue)

Burkenroad Reports is an independent securities research organization affiliated with the A.B. Freeman School of Business at Tulane University. Burkenroad's research reports are subscribed to by more than 3,500 mostly institutional investors and portfolio managers, including 850 small-cap and micro-cap fund managers. The "Buy" recommendation is the highest rating awarded under Burkenroad's five-tiered rating system.

Westmark Group Holdings Inc., through its subsidiary, Westmark Mortgage Corp., is engaged in the origination, purchase and sale of non-conforming, residential mortgage loans secured by a first or second lien on the borrower's primary place of residence. Most of these loans are made to borrowers with "A-," "B" and "C" rated (sub prime) credit histories who might not qualify for federal-agency-conforming loans under traditional bank guidelines. Westmark pools its loans and sells them on a bulk basis to institutional investors. Westmark distinguishes itself from many of its peers in that it does not retain servicing rights on its loans, and all loans are sold monthly on a whole loan, cash basis, with revenues recognized only after the sale is completed.

Common stock of Westmark trades on The Nasdaq Stock Market under the symbol "WGHI."

Contact: Louis J. Resweber, 1-888-389-2266, Christina B. Domingue,
1-225-927-9330, or Amy M. Varisco, 1-225-927-9330, all of Westmark Group Holdings, Inc., or lou@wghi.com.

SOURCE Westmark Group Holdings, Inc.

CO: Westmark Group Holdings, Inc.; Burkenroad Equity Research;
A.B. Freeman School of Business at Tulane University

ST: Florida, Louisiana



To: MoneyMade who wrote (8015)3/2/1999 11:45:00 AM
From: mike mulhearn  Respond to of 15987
 
MGHC is quietly creeping up.