To: changedmyname who wrote (61279 ) 3/12/1999 12:09:00 PM From: VINCENT MALGAPO Read Replies (2) | Respond to of 119973
Buying SHAL on small pullback. Here was today's news: MARINA DEL REY, Calif.--(BUSINESS WIRE)--March 12, 1999--Garrett K. Krause, president and chief executive officer of SaraOnline.com, an Internet focus subsidiary of Sara Hallitex Corp. (OTC BB:SHAL - news), announced that Oracle Corp. (Nasdaq:ORCL - news) has nominated SolutionNet and its E-NET-Internet Banking software, the proprietary Internet Banking Gateway and Software Technology, for the coveted 1998 Internet Technology awards. SolutionNet Inc. the parent company of SR Singapore, Pte., Ltd. officially launched its E-NET-Internet banking software on Feb. 25, 1999, in Singapore. The event, which was co-sponsored by Oracle Corp. and the Singapore Computer Board, drew media coverage around the world. E-NET is a true Internet online banking solution with current applications worldwide. Its first of three proprietary Internet software solutions is anticipated to be launched in 1999. SolutionNet Inc. the much-anticipated SIPOD has a target Sara-IPO trading date for the week of March 22, 1999. SolutionNet is a development partner of Oracle Corp. (Nasdaq:ORCL - news) and Sun Microsystems (Nasdaq:SUNW - news). SolutionNet is currently setting up its base of operations in San Jose, Calif., (Silicon Valley) with its subsidiary operations in Singapore, India and Australia. SolutionNet will become an integral part of the SaraOnline.com family of explosive new Internet IPO's to be traded in the coming months. Along with SolutionNet, scheduled for trading the week of March 22, 1999, the other two companies that make up the initial trio for SaraOnline.com are as follows: X-SELNET Technology Group Inc. has a target Sara-IPO date for the week of March 29, 1999. X-SELNET owns three Internet Web content- and electronic-commerce Web portals: www.stockpicks.com, www.dietadvice.com and www.uslab.com. X-SELNET Technology Group with its USLab.com development group is an electronic-commerce research laboratory, developing and creating leading content rich electronic-commerce Web portals. -- Tril-MediaNet.com currently has no target trading date, but it is anticipated that it will begin trading in the next 60 days. Tril-MediaNet.com is a diversified sports, entertainment and Internet company based in Los Angeles.