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Microcap & Penny Stocks : CAGI--A Sleeper Waiting to Wake Up!!!! -- Ignore unavailable to you. Want to Upgrade?

To: Philip Bosco who wrote (871)	4/2/1999 8:10:00 AM
From: christopher	Respond to of 1020

Yup, if I had this shorted I would be big time worried about what's about to happen to this stock... Thursday April 1, 5:31 pm Eastern Time Company Press Release Carnegie International Files for Extension on Form 10-KSB BALTIMORE--(BUSINESS WIRE)--April 1, 1999--Carnegie International Corporation (OTC BB: CAGI - news) said today it has filed with the Securities and Exchange Commission for an extension of the filing of its annual report of Form 10-KSB, which was due March 31, 1999. Carnegie President and CEO Lowell Farkas said the extension request was not due to any concern with the health of Carnegie, but was requested while the company was responding to SEC comments attributable to the company's Form 10-SB/A filed on February 12, 1999. He said that Carnegie will file its annual report within the 15-day extension period. Farkas said he issued this statement because of concerns about the filing delay from stockholders expressed in many phone calls and e-mails. He also announced that Carnegie is pursuing a listing on the American Stock Exchange. Carnegie International Corporation (OTC BB: CAGI - news, www.carnegieint.com - news) is a holding company specializing in Internet, telephony and telecommunications products, services and distribution, including E-Commerce and EDI. Its MAVIS(TM) (Multi-Language Automated Voice Independent System) is a breakthrough in speech recognition-driven automated attendant/voice mail systems, using proprietary IVR (interactive voice response) software to recognize/respond to callers. The entirely voice-driven MAVIS interface is available in English and all foreign languages supported through licensed Lernout & Hauspie (NASDAQ: LHSPF - news) software, and supports Dialogic (NASDAQ: DLGC - news) CPU telephony cards. Carnegie's primary wholly-owned subsidiaries include: RomNet Support Services, Inc. an Internet, e-business and technical support services company, Profit Through Telecommunications (Europe) Ltd. (PTT), a telecommunications software company providing business solutions utilizing proprietary speech recognition, touch tone and bar code responses to send and/or receive information; ACC Telecom of Columbia, Maryland, a leading reseller of equipment and business telephone systems from Comdial (NASDAQ:CMDL - news), SONY® (NYSE: SNE - news), and Sprint® (NYSE:FON - news), Voice Quest, Inc., of Sarasota, Florida, a developer and provider of speech recognition and voice mail technologies and products, and Paramount International Telecommunications, Inc., of Vista, California, which serves hotels and other businesses, primarily in 0+/- call auditing and international one-plus sectors. On December 28, 1998, Carnegie became a fully reporting company under the Securities and Exchange Act of 1934. This release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Security and Exchange Commission filings. MAVIS is a trademark of Carnegie International Corporation. Other trademarks are properties of their respective owners. Contact: Press Contacts: Carnegie International Corporation Lowell Farkas +(410) 785-7400 lfarkas@carnegieint.com or The Kaminer Group David A. Kaminer +(914) 684-1934 dkaminer@kamgrp.com More Quotes and News: Nasdaq:LHSPF - news; OTC BB:WWWCARNEGIEINTCOM - news Carnegie International Corp (Colorado) (OTC BB:CAGI - news) Comdial Corp (Nasdaq:CMDL - news) Dialogic Corp (Nasdaq:DLGC - news) Sony Corp (NYSE:SNE - news) Sprint Corp (NYSE:FON - news) Related News Categories: computers, internet, ISDEX, retail, software, telecom Help Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Co

To: Philip Bosco who wrote (871)	4/3/1999 10:45:00 AM
From: Donald Powers	Read Replies (1) \| Respond to of 1020

Phil, I've been in CAGI since last April when it was 45 cents. I would not get nervous about this company. I've talked to Lowell on a number of occasions and he is right on. The company has a great business plan. They are executing. They are growing and they are focused. This stock will continue to be a big winner IMO. If you look where they have come from, it is amazing for a BB stock. I invested $10,000 into this company and expect to retire very nicely on it. Don