Capital Research Group Inc. Announces Investment Opinion on Berens Industries Inc.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by Capital Research Group Inc. WESTON, Fla.--(BUSINESS WIRE)--May 30, 2000 Capital Research Group Inc. Announces Investment Opinion on Berens Industries Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BEII). "Traders, who are not conventionally comfortable holding positions ahead of a long weekend, contributed to a late day sell-off as they chose to close out positions in the face of uncertainty. The Nasdaq Composite Index Nasdaq Composite Index An index that indicates price movements of securities in the over-the-counter market. It includes all domestic common stocks in the Nasdaq System (approximately 5,000 stocks) and is weighted according to the market value of each listed was kind enough to remain flat on the day, closing down 0.2 points, at 3,205.15. The positive impact on the tech sector from news that the House approved late Wednesday a China trade bill that will grant the country permanent normal trade relations Permanent Normal Trade Relations (PNTR) status is a legal designation in the United States for free trade with a foreign nation. In the U.S. the name was changed from Most Favored Nation (MFN) to PNTR in 1998. was short-lived indeed. The passage of the China trade bill will definitely be a positive for many U.S. communications equipment companies, but the significance will be felt in the long term rather than overnight." Stated Peter Antipatis. More is available at http://www.thesubway.com Berens Industries (OTCBB: BEII) is pioneering the development of streaming application servers that are deployable as rent-based solutions hosted and co-marketed by leaders in the Application Service Provider (ASP) industry (e.g, Navisite and interliant). Artmovement Inc, a wholly-owned subsidary of Berens Industries Inc.has signed a contract to sell the "King Tut" collection which is estimated at 60 million, Artmovement's commission of 10% could be as much as 6 Million in revenues, showing acceptance in the traditional market that Streaming Auctions provides more than dot com dot com - com auction sites and 'brick and mortar' auctioneers," stated Marc Berens, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . The Market's Largest Volume Leaders: Biznessonline (NASDAQ: BIZZ), Activeworlds (NASDAQ: AWLD), Carrington Lab (NASDAQ: CARN), Sonomawest Hldg (NASDAQ: SWHI) About Capital Research Group Inc. Through TheSubway.com, Capital Research Group (CRG CRG Centre for Research on Globalisation CRG Council for Responsible Genetics CRG Contingency Response Group CRG Citizens for Responsible Government CRG Corporate Renaissance Group CRG Columbia River Gorge CRG Consulting Resource Group CRG Columbia Resource Group ) introduces what in its opinion are undervalued companies undervalued company A firm whose assets and potential earning power are not adequately reflected in its stock price. Although such firms are more likely to be subject to takeover attempts than others, determining whether a particular firm is actually to the investment community. Capital Research Group strives to locate companies with enormous growth potential. CRG is a full service public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most / Investor relations Investor relations The process by which the corporation communicates with its investors. firm. For more information about our products or services, please contact CRG at 954-217-9555 or visit us at http://www.thesubway.com All material herein was prepared by Capital Research Group Inc. (CRG) based upon information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this report, have not approved the statements made in this report. This discussion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed within. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell the securities. CRG is not a licensed broker, broker dealer, market maker, investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. , investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and , analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.thesubway.com. CRG has been compensated by one or more of the companies listed herein (50,000 BEII) for the preparation and distribution of this report. CRG intends to sell its shares in the event the shares rise in value. CRG may sell its shares for less than the target price given in this opinion. CRG's affiliates, officers, directors and employees may have also bought or may buy the shares discussed in this report and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. |
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