To: Stock Watcher who wrote (9062 ) 5/19/1999 9:23:00 AM From: Bruce Bland Read Replies (2) | Respond to of 52051
Re: KANA. Anyone familiar with this BB? Last news report concerning CNBC to air 5/30 seems too good for it to be at this price. Accumulation? Possible position hold!!! (PR NEWSWIRE) Kanakaris on Caspar Weinberger's World Business Review on CN Kanakaris on Caspar Weinberger's World Business Review on CNBC May 30 With Internet Founder Vinton Cerf Who Embraces CEO's Vision and Predicts Ability to 'Download a 2-Hour Movie in 10-Minutes or Less' NEWPORT BEACH, Calif., May 17 /PRNewswire/ -- Kanakaris Communications (OTC Bulletin Board: KANA) is profiled on World Business Review on Sunday, May 30, on CNBC (as paid programming) in select market areas, and the Company will make a free VHS copy of the program available to all shareholders of record as of May 30. Vinton Cerf, founder of the Internet, describes Kanakaris as representing "the new economics of electronic publishing" in what is referred to as "a historic appearance of CEO Alex Kanakaris to discuss his vision for Kanakaris Communications, Inc. to become the World Downloadable Leader," by Richard Epstein, President, Alliance Equities, an associate and financial backer of the emerging-growth Internet company. During the program, in which Alex Kanakaris describes the concept and technology of Kanakaris proprietary web sites such as NetBooks.Com and the upcoming movie site GoGoliath.Com, the following observations are made. -- On Internet online delivery of books by Kanakaris: Vinton Cerf, founder of the Internet, in describing how the Kanakaris web site NetBooks.Com electronically delivers a book, "It shows up electronically just like anything else you might see on a Web page, except it gets downloaded or it gets observed online if you choose to read the book that way." Mr. Cerf added, "What we're seeing is the new economics of publishing." -- On Internet online delivery of motion pictures by Kanakaris: Vinton Cerf states, "We are now developing technology called Digital Subscriber Links and cable modems that will deliver many megabits per second to customers; digital broadcast satellites are another example. Alex will be able to dump his movies so fast that they will go faster then real time. He will be able to dump a two-hour movie in 10 minutes or less and then watch it at your leisure. I think more important and the thing I really resonate with Alex about is the Internet is going to allow creative talents that would never have seen the light of day become visible and published in this new electronic world." -- On the Kanakaris business plan for the future of the Internet: Alex Kanakaris stated, "What we envision in the next couple years from a business prospective is the real ability for people to receive movie, music, book and entertainment content that hasn't been the case so far because of bandwidth. We want to be front row center in the creation of the delivery of that. You know whether its politics and you only get an FDR or a Reagan once in a while, or in music an Elvis or Beatles, we see a fantastic opportunity with creative leaders for how this is utilized." "Radio, television and movies have all enabled the creation of certain types of things you couldn't before: movies with sound as opposed to silent movies. We have not even really touched the iceberg of what the Internet offers. The ability, for example, to interact with something as its being watched which had never been possible with TV, radio and newspapers," stated Mr. Kanakaris. Caspar Weinberger, Chairman of Forbes Magazine, expressed his fascination with Kanakaris' direct Internet delivery of music, movies and books, and quipped, "Maybe you'll be able to deliver our next president." Multi-Media Productions (USA) Inc., the program's producer, stated, "We are proud to announce the appearance of Alex Kanakaris, CEO of Kanakaris Communications, on World Business Review. The weekly television series focuses on technology and is hosted by Caspar Weinberger, Chairman of Forbes magazine and Secretary of Defense during the Reagan administration. A