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TheSUBWAY.com Announces Investment Opinion on American Communications Enterprises, Inc., Magellan Filmed Ent., Avid Sportswear & Golf Corp., The Immune Response Corp., and Click2learn.


Business Editors

NOTE TO EDITORS: The following is an investment opinion issued

by TheSUBWAY.com.

WESTON, Fla.--(BUSINESS WIRE)--May 22, 2001

TheSUBWAY.com is pleased to release the following investment opinions on: American Communications Enterprises, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ACEN ACEN Anglican Communion Environmental Network
ACEN Assembly of Captive European Nations
), Magellan Filmed Entertainment Inc. (OTCBB:MFLE), Avid Sportswear & Golf Corp. (OTCBB:AVSG), The Immune Response immune response
n.
An integrated bodily response to an antigen, especially one mediated by lymphocytes and involving recognition of antigens by specific antibodies or previously sensitized lymphocytes.
 Corporation (Nasdaq:IMNR) and Click2learn (Nasdaq:CLKS).

American Communications Enterprises, Inc. (OTCBB:ACEN) Previous Close Up 5.25% to .05 on volume 795,200 Shares: ACCUMULATE

American Communications Enterprises, Inc. (OTCBB:ACEN) just announced that it has finalized a Letter of Intent to acquire 100% of privately held AeroGroup, Inc.

With this in mind, 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
 feels that ACEN will be trading over the .50 mark in the short term. Watch for more interesting news from the company.

ACEN has assembled in the past two years the world's largest private air force. ACEN presently has available 56 aircraft including A4 Skyhawks, Harrier Jump Jets, Hawker Hunters, MIG-21's, F-35 Drakens, a B-57 Canberra The Martin B-57 Canberra was a twin-engine jet bomber and reconnaissance aircraft which entered service in the 1950s. Originally based on the British English Electric Canberra, the US-built B-57 had evolved into several unique variants. , and MK5 StrikeMasters. The present government-to-government replacement values of these aircraft exceed $150,000,000.00.

Magellan Filmed Entertainment Inc. (OTCBB:MFLE) Previous Close: Down 38% to $0.005 on vol. 18,369,500 Shares: ACCUMULATE

Magellan Filmed Entertainment Inc. (OTCBB:MFLE) reported on the results of its participation in the Cannes Film Festival Cannes Film Festival

Film festival held annually in Cannes, France. First held in 1946 for the recognition of artistic achievement, the festival came to provide a rendezvous for those interested in the art and influence of the movies.
 over the past two weeks. Mr. Shane said: 'This was the best exposure we could have hoped for. Several European production and distribution companies are now in negotiations with Magellan for not only participation in the finance and distribution of projects but also for the production of new feature length films. There is a strong interest by the European distribution companies to participate in the production of these new projects because they then can influence the final product and make it more appealing to their market.'

Magellan Filmed Entertainment, Inc. recently announced its slate of feature length film productions currently under negotiations with various joint venture partners and funding sources. The company has a talented and experienced management team of producers and film industry professionals. Tony Romano, Marc Fusco, Michael Gabrawy, Michael Garrity and Michel Shane have outstanding motion picture industry credentials. The slate of projects being discussed for production by the company is a direct reflection of management's vision for the company.

Projects include the following: Catch Me If You Can with Dream Works, Tuesday's Letters, The Pleasure of Your Company, First You Dream Then You Die, Five Stones, All About Steve Newspaper Headline]]

"All About Steve" is an episode of animated series American Dad!. This episode goes into detail about the life of Stan's son, Steve. Plot
A cracker shuts down a hydroelectric power plant.
 and 10:17. Magellan is a California-based entertainment company specializing in products for the entertainment industry with moderate budgets. The first production, Rennie's Landing is 'in the can' and is currently out for distribution.

Avid Sportswear & Golf Corp. (OTCBB:AVSG) Prev Close: Dn 42% to $0.018 on vol. 13,972,800 Shares: TRIM

In the Company's most recent SEC filing dated May 18, 2001, it was stated that Levi Strauss
This article is about the clothing manufacturer. For the anthropologist, see Claude Lévi-Strauss and for the company of the same name, see: Levi Strauss & Co..


Levi Strauss, born Löb Strauß
 & Co. has provided notice of termination of the Trademark License Agreement between the Company and Levi Strauss. The details of such termination are stated within the filing.

'In light of this event, we wish to reassure our shareholders that Avid Sportswear & Golf Corp. (OTCBB:AVSG) remains strong and well positioned to continue its operations and is fully committed to delivering long-term performance and results. As reported in our May 3rd, 2001 news release, the Company has made great improvement in its operating results and is energized to continue to do so,' commented 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. , Earl Ingarfield.

Avid Sportswear & Golf Corp. recently reported its first quarter financial results for 2001. Revenues for the three months ended March 31, 2001 were $6,621,395 when compared to $1,029,308 for the three months ended March 31, 2000. The increase in revenues was primarily due to stronger brand awareness and increased product marketing efforts. Net loss for the three months ended March 31, 2001 on a consolidated basis was $401,973, compared to $2,581,056 for the same period last year.

Avid designs, manufactures, markets and distributes distinctive premium and moderately priced sportswear under two distinct labels: Avid Sportswear, and Dockers
"Dockers" is also plural of docker.
For the Australian Football League team, see Fremantle Football Club.


Dockers is a brand of Levi Strauss & Co.

Levi Strauss & Co.
(R) Golf. These lines are sold primarily through 'green grass' (on-course pro shops), end destination resorts, corporate sales accounts and off-course specialty retailers. Avid will continue to design, manufacture, market and distribute its Avid clothing, a distinctive premium brand, moderately priced sportswear line under the Avid Sportswear label.

Immune Response Corporation (Nasdaq:IMNR) Previous Close: Up 15% to $5.83 on vol. 1,396,700 Shares: ATTRACTIVE

The Immune Response Corporation (Nasdaq:IMNR) announced data from preliminary interim clinical results from an ongoing Phase II trial indicating that treatment with REMUNE(TM) (HIV-1 Immunogen), an investigational product, appears to induce both allo allo
abbr.
allegro
 and HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States.  specific cell mediated immune responses. The 243 patient trial is designed to evaluate the effectiveness of REMUNE in conjunction with antiretroviral drugs Antiretroviral Drugs Definition

Antiretroviral drugs inhibit the reproduction of retroviruses—viruses composed of RNA rather than DNA. The best known of this group is HIV, human immunodeficiency virus, the causative agent of AIDS.
 on viral load viral load
n.
The concentration of a virus, such as HIV, in the blood.


viral load,
n a measure of the number of virus particles present in the bloodstream, expressed as copies per milliliter.
 and CD4 cells, which are the primary endpoints. The trial is being conducted at 13 clinical centers throughout Spain and is scheduled to end in the second quarter of 2001.

'Although several previous trials have indicated that REMUNE induces HIV- specific immune responses, this is the first time that we have seen stimulation of allo-responses as well,' Professor Fernandez-Cruz noted. 'If the ability to restore allo-responses does in fact relate to the ability to generate and potentiate po·ten·ti·ate
v.
1. To make potent or powerful.

2. To enhance or increase the effect of a drug.

3. To promote or strengthen a biochemical or physiological action or effect.
 anti-HIV immune responses, then treatment with REMUNE may offer a 'two-mechanism attack' against the virus by stimulating both HIV- specific and allo-immune responses.'

The Immune Response Corporation is a biopharmaceutical company based in Carlsbad, California, developing immune-based therapies to induce specific T-cell responses for the treatment of HIV, autoimmune diseases Autoimmune diseases
A group of diseases, like rheumatoid arthritis and systemic lupus erythematosus, in which immune cells turn on the body, attacking various tissues and organs.

Mentioned in: Complement Deficiencies, Premature Menopause
 and cancer. In addition, the Company is developing a targeted non-viral delivery technology for gene therapy, which is designed to enable the delivery of genes directly to the liver via intravenous injection.

Click2learn.com Inc. (Nasdaq:CLKS) Previous Close: Up 40% to $2.08 on vol. 1,375,200 Shares: HOLD

Click2learn (Nasdaq:CLKS) has been selected by Microsoft Corp. to swiftly provide and deploy the Click2learn commercial learning platform to provide e-Learning programs for Microsoft Office. The training -- which will assist Microsoft's global customer base of Office users -- is based on Click2learn's commercial e-Learning Network.

The e-commerce platform for Office training is the latest project in an ongoing collaboration between Microsoft and Click2learn. Earlier this year, Click2learn created Microsoft's Voyager Learning Center to manage both online and instructor-led sales training for Microsoft's worldwide sales force, and created a web-based e-Learning solution to help Microsoft roll out Windows 2000 readiness training to sales personnel and resellers worldwide.

Click2learn is the leading integrated e-Learning solutions provider to Global 2000 organizations. The company provides comprehensive solutions that include content creation services and tools, integrated learning management and delivery systems, and e-Learning design and delivery expertise to improve workforce performance and commercialize intellectual property.

Copper Mountain Networks (Nasdaq:CMTN) Previous Close: Up 10% to $3.52 on vol. 1,112,200 Shares: ATTRACTIVE

Copper Mountain Networks (Nasdaq:CMTN), a leading provider of copper-based broadband access solutions, announced the VantEdge 3000 Broadband Services Concentrator. The VantEdge 3000 is an entirely new class of product: Designed for the telephone central office wiring center, it brings IP service intelligence to an installed base of ATM DSLAMs, enabling broadband service providers to dramatically improve their operational cost-efficiencies and more easily scale their networks, as they rapidly expand services to tens of thousands of new subscribers.

Copper Mountain also introduced the VicinityVoice(TM) 100 Local Trunk Gateway (LTG LTG
abbr.
lieutenant general
). The VicinityVoice 100 LTG enables providers deploying next-generation, packet-voice networks to reduce the cost of transporting local phone calls between broadband voice customers and the Public Switched Telephone Network (PSTN (Public Switched Telephone Network) The worldwide voice telephone network. Once only an analog system, the heart of most telephone networks today is all digital. In the U.S. ).

Copper Mountain Networks, Inc. manufactures intelligent DSL DSL
 in full Digital Subscriber Line

Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary
 and aggregation equipment for central office, digital loop and multi-tenant unit (MTU (1) (Maximum Transmission Unit, Maximum Transfer Unit) The largest frame size that can be transmitted over the network. For example, an Ethernet MTU is 1,500 bytes. Messages longer than the MTU must be divided into smaller frames. ) broadband networks worldwide. Its DSL solutions enable carriers and service providers to deliver cost-effective, high-performance data and voice services over existing copper telephone wiring.

"Economists and investors had been worrying that data suggestive of suggestive of Decision making adjective Referring to a pattern by LM or imaging, that the interpreter associates with a particular–usually malignant lesion. See Aunt Millie approach, Defensive medicine.  inflation might bring a swift end to the Federal Reserve's interest rate cutting campaign, but recent economic figures certainly leave the door open for more reductions in the future. No economic news is set for release on Tuesday. The week's economic agenda is fairly light, with April new home sales New Home Sales

An economic indicator that measures sales of newly built homes. Released by the U.S. Department of Commerce's Census Bureau, it includes both quantity and price statistics.
, durable goods durable goods

Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables.
 orders, April existing home sales Existing Home Sales

An economic indicator of both the number and prices of existing single family houses, condos and co-op sales over a one-month period. Released monthly by the U.S.
 and perhaps most importantly, the revision to first-quarter gross domestic product due out before week's end," stated Peter Antipatis. More is available at http://www.TheSUBWAY.com.

About TheSubway.com

TheSubway.com, a wholly owned online asset of Capital Research Group, Inc. (CRG) was developed solely for experienced, risk tolerant investors. Subscribers to TheSubway.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known.

About Capital Research Group Inc.

Through TheSubway.com, Capital Research Group (CRG) introduces what in its opinion are undervalued companies 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 opinion have not approved the statements made in this opinion. This opinion 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 herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market marker, 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 third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. (CRG purchased 1,000,000 shares of stock at .025 per share) CRG intends to sell its shares. CRG has sold approximately 0 ACEN shares to date. CRG may sell its shares for less than the target price given in this opinion. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion 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.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 22, 2001
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