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To: ciVic who wrote (6802)4/9/1999 12:26:00 PM
From: Investor Clouseau  Read Replies (1) | Respond to of 13776
 
DOR for TIPS shares From TNRG ownership will be announced next week. CEO said before the end of April for sure.

I C



To: ciVic who wrote (6802)4/9/1999 12:27:00 PM
From: BarbaraT  Read Replies (1) | Respond to of 13776
 
Think there still might be time ... date is supposed to be sometime this month - not determined yet. Still have time to buy TNRG - seems to be a bargain if the numbers are to be believed.

Tianrong Completes Spin-Off of E-Commerce Division

SAN FRANCISCO, April 9 /PRNewswire/ -- Tianrong Building Material Holdings, Ltd. (OTC Bulletin Board: TNRG) announced today that it has completed the spin-off of its e-commerce internet division into a separate publicly traded subsidiary, Tianrong Internet Products and Services, Inc. (OTC Bulletin Board: TIPS). TNRG will continue to own approximately 70% of TIPS and will pay a stock dividend of approximately 30% of TIPS to the shareholders of TNRG. The board of directors of TNRG will set the record date for the dividend early next week and make a public announcement immediately thereafter. The Company also announced that it is on schedule for the record date to be before the end of April.

James Tilton, president of TNRG, stated, "I am pleased that we have been able to complete the spin-off of our e-commerce division. This is an extremely exciting moment for TNRG as it marks an important milestone for TNRG in that the e-commerce division is our first spin-off in the projected spin- off of a number of different divisions. As shareholders begin to grasp how these spin-offs work and the value of the dividends paid out, the value of these spin-offs should start to begin to be reflected in the price of TNRG stock itself. We believe our various divisions have many exciting projects that are not yet reflected in the price of the TNRG stock. TIPS is just the first indication of how much value is packed into TNRG."

Tianrong is a business development company that has set as its goal the acquisition of businesses in numerous industries and plans to apply Tianrong's management expertise to quickly grow value in the acquired businesses. Tianrong has announced future stock dividends in three subsidiaries and on a long-term basis may elect to issue stock dividends in other subsidiaries.

For further information contact investor relations at (800) 641-5844 or visit www.tnrg.com.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of Tianrong Building Material Holdings to accomplish its stated plan of business. Tianrong Building Material Holdings believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Tianrong Building Material Holdings or any other person that the objectives and plans of Tianrong Building Material Holdings will be achieved.

SOURCE Tianrong Building Material Holdings, Ltd.

CO: Tianrong Building Material Holdings, Ltd.; Tianrong Internet Products and Services, Inc.

ST: California



To: ciVic who wrote (6802)4/9/1999 12:42:00 PM
From: ynot  Read Replies (1) | Respond to of 13776
 
ciVIc, DOR next week, I think a large float?!
OT can you post LII imic for me? this one will turn on a dime soon and i don't want to miss it imho eom....but risky ynot :)



To: ciVic who wrote (6802)4/9/1999 1:02:00 PM
From: SteelerStu  Respond to of 13776
 
News on MORE + Daytrading site due to open on Monday

Friday April 9, 10:55 am Eastern Time

Company Press Release

SOURCE: Sagamore Trading Group, Inc.

Sagamore Trading Group, Inc.
Announces Record Number of Visits to
Learn2Trade.com

ROSLYN, N.Y., April 9 /PRNewswire/ -- Sagamore Trading Group, Inc. (OTC Bulletin Board:
MORE - news) announces that since the launch of its Learn2Trade.com website on March 8, 1999
the number of visits to the website has increased almost 300% for the first five days of April as
compared to the entire month of March. From April 1 to April 5, 1999 Learn2Trade.com has
received 60,646 ''hits'' or visits whereas the site received 20,642 hits in the month of March.
Learn2Trade.com is a day trading tutorial website that provides investors and traders with the
information necessary to effectively trade using Nasdaq Level II quotes and trading systems.

Sagamore Trading Group, Inc. is an aggressive, growth oriented company primarily focused upon
the development and investment in managing and developing systems in the investment and
day-trading of various public stock equities by supplying and coordinating the equipment, computer
hardware and software, as well as training which enables qualified individuals to practice what has
come to be known as the ''day-trading'' of securities. ''Day-trading'' can be characterized as the
trading of securities according to various criteria or ''systems'', the goal of which is to profit from the
short-term fluctuations in various stock positions within the U.S. equity marketplace.

All statements contained herein (other than historical facts) are based upon current expectations.
These statements are forward looking statements in nature and involve a number of risks and
uncertainties, including but not limited to economic, competitive, governmental and technological
facts affecting the Company's operations, markets, products and prices, as well as other factors.
Actual results may differ materially from the anticipated results or other expectations expressed in the
Company's forward looking statements. Generally, the words ''anticipate'', ''believe'', ''estimate'',
''expects'', ''plan'', and similar expressions as they relate to the Company and/or its management,
are intended to identify forward looking statements.