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

To: Dave Gore who wrote (13922)	3/31/1999 3:12:00 AM
From: CIMA	Respond to of 25711

LCS GOLF’S GOLFUNIVERSE.COM TO ADOPT AND OFFER INTERNET SERVICE PROVIDER CAPABILITY PROJECTS 50,000 SUBSCRIBERS OVER THE NEXT 24 MONTHS EQUATING TO APPROXIMATELY $12 MILLION IN ANNUALIZED REVENUES New York, NY - March 30, 1999 - LCS Golf is pleased to announce that its wholly-owned subsidiary of GolfUniverse.com will soon offer internet access. GolfUniverse.com is utilizing Cincinnati,Ohio -based RACO Industries and Dallas, TX - based CCISI Internet Solutions, Inc to provide them with this capability. RACO Industries is an internet service marketing concern. RACO works in conjunction with Network 2 and CCISI in the creation of this turnkey solution. Network 2 utilizes the fiber optic technology of Sprint Corp (NYSE: FON). Under the terms of the agreement, GolfUniverse.com will be provided with all of the back-end service and infrastructure to be able to offer this service. GolfUniverse.com will be given an 800 toll free number for customers to sign up and receive 24 hour support. Similar to other major internet service providers, GolfUniverse.com will be able to provide sign up disks that will be customized to suit the company’s needs. GolfUniverse.com anticipates offering the service at $19.95 per month for unlimited access. The Company will be utilizing its extensive marketing capability to reach potential new customers. For example, LCS will be able to leverage its 3.2 million golfer database through its recent new acquisition of Golf Promo, Inc. LCS will be able to take advantage of its traffic to GolfUniverse.com. The site has been averaging 40,000 hits per day. LCS will be using its new strategic partner Las Vegas to generate further awareness of its internet service. GolfUniverse.com will be implementing a strong promotional program to incent individuals to utilize their service. Users of the GolfUnverse.com internet service will have access to an exclusive "members only" area. Some of the benefits that this area will offer include: Special discounts on golf equipment. Three free months of Play Golf Now membership Automatic entry into any sweepstakes drawings for golf vacations and golf equipment Car rental discounts Free CD-ROM with detailed golf course and other golf information. LCS Golf is currently in discussion with a number of company’s to secure additional incentive benefits to prospective internet service customers. The new service offering by GolfUniverse.com is seen as highly significant for LCS for the following reasons: It will provide a new major form of recurring revenue to LCS Golf. Because GolfUniverse.com ISP customers will automatically logon to the GolfUniverse.com web site, the number of hits will not only automatically grow substantially but also will result in significantly increasing the site’s attractive to advertisers. It will act as another method by which LCS will be able to increase its already vast database of golfers. GolfUniverse.com expects to be fully operational and equipped to offer this new service within 30 days. This service will be available to 93% of the United States populations. Commenting on the company’s entrance into the internet service provider market, LCS Golf President and CEO, Dr. Michael Mitchell stated, " GolfUniverse.com’s ability to provide internet access is critical in the corporate development of LCS Golf. With the target marketing power that we now have, we will be able to offer our service to golf enthusiasts to 93% of the country. The significance to the company overall is major and will almost assuredly elevate the company to another level our ongoing effort to become the preeminent direct marketer to golf enthusiasts. LCS Golf is a holding company that intends on taking advantage of opportunities in the golf and golf-related industries. In the last 10 months, the Company has completed four strategic acquisitions including GolfUniverse.com, Mister B III, Play Golf Now and Golf Promo, Inc. The Private Securities Litigation Reform Act of 1995 provides a ''safe harbor'' for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by LCS) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the golf industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of LCS. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. Contact: Alon D. Kutai, LCS Golf investor relations - 401-846-5212

To: Dave Gore who wrote (13922)	3/31/1999 4:05:00 AM
From: hoffy	Respond to of 25711

Interactive TV is here!! Portugal Telecom and Microsoft Announce Strategic Agreement to Accelerate Implementation of Interactive Video and Data Services REDMOND, Wash., and LISBON, Portugal, March 30 /PRNewswire/ -- Portugal Telecom SA (NYSE: PT; BVL: PTCO.IN) and Microsoft Corp. (Nasdaq: MSFT - news) today announced that they have reached a strategic agreement to jointly develop interactive video and data services. The objective of the agreement is to accelerate the deployment of new broadband and wireless technology and services for delivery to customers in Portugal. In addition, Microsoft will invest $38.6 million (PTE 7.2 billion) for an equity stake of 2.5 percent in TV Cabo, Portugal Telecom's cable and satellite television services company, which plans to launch broadband Internet services to residential customers later this year. The agreement provides for a wide range of joint initiatives including the development of new business opportunities in the area of interactive services over the Internet, interactive digital television and wireless services. --------------------------------------------------------------------------------------------------------------------------- So which company will benefit from Interactive digital TV. OH YEAH!!! IATV.