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To: Panita who wrote (70175)	4/21/1999 10:00:00 AM
From: Michaelste	Respond to of 119973

KTEL briefing.com 09:10 ET K-tel International (KTEL) 8 1/4: KTEL is back. After falling out of the headlines for months, KTEL announces plans to open an auction site. Stock bid up 5 3/8 on the news. (Press Release)

To: Panita who wrote (70175)	4/21/1999 10:03:00 AM
From: Probart	Read Replies (1) \| Respond to of 119973

SIRC news, I am taking a stab (still have some 1 5/8 stuff too) Access One Reaches Agreement to Acquire a Significant Portion Of e.spire Communications' Off-Net Customers in the BellSouth Territory Comprising Approximately 15,000 Access Lines STAMFORD, Conn.--(BUSINESS WIRE)--April 21, 1999-- Access One Plans to Convert Acquired Lines to Its Leased Network by End of May Sirco International Corp. (NASDAQ: SIRC) announced today the signing of a definitive asset purchase agreement between its affiliate, Access One Communications, and e.spire Communications (NASDAQ:ESPI). The Agreement calls for the acquisition by Access One of a significant portion of e.spire's off-net customer base in the BellSouth (NYSE:BLS) territory. The parties estimated the acquisition to encompass approximately 15,000 customer access lines. Ken Baritz, Access One's CEO, stated, "The value of our BellSouth region-wide leased network agreement can be clearly demonstrated with this transaction. These are high quality accounts. By converting them from resale to our leased facilities network, we can generate a profit while continuing to provide the end user with the same quality of service and the same discounted price." Mr. Baritz continued, "With this transaction, we will have over 32,000 access lines in service and annualized local telecommunications revenue of over $20 million. We expect to complete the conversion from resale to our leased network by the end of May for both our existing customers and this newly acquired customer base. Upon conversion, we expect the combined customer base to generate positive EBITDA. We are currently investigating UNE-P arrangements with additional RBOCs, so that we may expand our leased network strategy nationwide. In addition, we intend to continue to aggressively grow our customer base both organically and through acquisition." Access One Communications is a Florida based competitive local exchange carrier that provides an integrated suite of telecommunications and Internet services to small and medium sized business in the Southeastern United States. Access One is currently converting its existing customer base from resale to a virtual local services network through the only region wide UNE-P agreement with a Regional Bell Operating Company.