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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: C. McD who wrote (8398)5/10/1999 3:00:00 PM
From: JRO  Read Replies (1) | Respond to of 52051
 
May 10, 1999 02:07 PM

HICKORY, N.C.--(BUSINESS WIRE)--May 10, 1999--American Diversified
Group ADGI today announced that through its Brazilian representatives, sales of the
dengue fever test kit have commenced in Brazil.

ADGI had previously announced its efforts necessary to secure sales approvals of the
US manufactured dengue fever test kit. As a result of the efforts of ADGI's Brazilian
representatives, approval of the sale of the dengue fever test kit have been received.
The initial order is for 2000 test kits, and shipment started during the week of May 3,
1999. The first shipment is to the Brazilian State of Roraima, and additional sales to
other Brazilian States shall follow.

The sales of the dengue fever test kits, which are profitable for ADGI, are the orders for
the dengue fever test kits that ADGI has been pursuing for approximately one year.
ADGI's president, Dr. Jerrold R. Hinton, believes that the orders and sales of the
dengue fever test kits in Brazil will be both continuing and increasing during fiscal 1999.

The recent sales began with the start of the 1999 Brazilian rainy season. During 1997
and 1998, the rainy season in Brazil resulted in a rise of dengue fever that Brazilian and
World Health authorities considered to be of epidemic proportion. Dengue fever tests
are constantly repeated on persons living in or near epidemic areas to properly track the
disease and promote treatment in the required areas.

Executive Offices: 110 N. Center St., Suite 202, Hickory, NC 28601 828-322-2044 -
Fax: 828-322-3798 Investor Relations: 45 Rockefeller Plaza, Suite 2000, NY, NY
10111 212-332-5009 - Fax: 212-332-3249

Certain statements in this release constitute forward-looking statements or statements
which may be deemed or construed to be forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect," "should," "would," and similar expressions and all
statements which are not historical facts are intended to identify forward-looking
statements. These forward-looking statements involve and are subject to known and
unknown risks, uncertainties and other factors which could cause the Company's actual
results, performance (financing or operating) or achievements to differ from future
results, performance (financing or operating) or achievements expressed or implied by
such forward-looking statements. The above factors are more fully discussed in the
Company's SEC filings.



To: C. McD who wrote (8398)5/10/1999 3:36:00 PM
From: Stock Watcher  Respond to of 52051
 
C.McD; on EBID; thanx for explanation on EBID's jump + .56 @ 2.69 on 326k shares....site looks good; auction ticker - nice touch;

EBID was listed on INDEX #3 @ 1.81 0n 4/24....it's moving over to INDEX #1 next week due to it's new status of over $2....it doesn't seem like it wants to retreat under $2 again (IMO)...thanx for update & welcome to the thread...sw