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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Bouf who wrote (71424)	4/26/1999 11:03:00 PM
From: Deeber	Respond to of 119973

VITE: Virtual Telecom up 120% to 11 today on 550k volume, anyone else notice this and get in? Should be a huge runner tomorrow, as it appears someone is short here and covering their butts, as it popped into the close.

To: Bouf who wrote (71424)	4/26/1999 11:38:00 PM
From: Deeber	Respond to of 119973

GBFE news: Monday April 26, 11:13 am Eastern Time Company Press Release St. Martin's Press Acquires Golden Books Adult Publishing Division NEW YORK--(BUSINESS WIRE)--April 26, 1999--Golden Books Family Entertainment and St. Martin's Press today announced the acquisition of Golden Books Adult Publishing Group by St. Martin's Press. St. Martin's presently distributes all of Golden Books' adult titles to the trade. The transaction will include the Golden Field Guides, Whitman Coin Guides and such successful titles as Stephen R. Covey's ''The Seven Habits of Highly Effective Families'', Maria Shriver's ''What's Heaven?'' and ''Parents' Magazine Parents Answer Book.'' Terms of the transaction were not disclosed. Some employees of the Golden Books Adult Publishing Group will move to St. Martin's Press to ensure a smooth transition of the titles. ''The members of our Adult Trade Division deserve great credit for starting a company in this environment and seeing it through so successfully in terms of the quality of its publications, the significance of its author list, and the achievement of meaningful sales,'' said Richard E. Snyder, Golden Books Chairman and Chief Executive Officer. ''It is, therefore, with mixed emotions that we consummated this sale to ensure that the strategic mandate of Golden Books is fulfilled. We thank our colleagues, our authors and their agents for all of their efforts. We wish them well in what we hope is a bright future at St. Martin's.'' Sally Richardson, President and Publisher of St. Martin's Press Trade Division, stated, ''We learned about the enormous strength of the Golden Field Guides and the Whitman Coin Guides through our distribution arrangement with Golden Books. In addition, we have been pleased to see the development of their strong media-friendly, family-based publishing program. We are delighted to have the opportunity to add all of these titles to the St. Martin's list. This acquisition fits perfectly with our plans to strengthen the St. Martin's Press backlist publishing program and offers us some exciting frontlist titles as well.'' St. Martin's Press, Inc. is a member of the Verlagsgruppe Georg von Holtzbrinck GmbH. St. Martin's Press is one of the seven largest trade publishers in the United States. Based in New York, it publishes more than 1,800 new titles per year through its five publishing divisions. Golden Books Family Entertainment, Inc., is the leading children's book publisher in North America. The Company owns one of the world's largest libraries of family entertainment copyrights and creates, publishes and markets entertainment products for children and families through all media. -------------------------------------------------------------------------------- Contact: Investor/Press Contact: Philip Galanes Chief Administrative Officer Golden Books Family Entertainment 212-547-4466