Update Briefs

This section does not include information from all the news releases I receive on situations I have covered in past Recommen-dations or Sneak Previews. If you hold such stocks, please go to WallStreetCorner- & use "Financial Navigator." Click the "Go Search" button at the right of the home page. Scroll down a bit, type in the symbol of the company, & click on "Go."

You'll get the current price & volume, & at the top right of that rectangular box, click on "News." You'll get a list of news releases. You can either read them, or print them out, which is what I do. You can usually get anything else you want from the pull down menus. I include updates on only a few situations. Since you can get those same releases, I just refer to them, & concentrate on sharing my opinions with you. I'll continue to include contact information.

Check my "Larry Oakley's Daily Comment" section on WallStreetCorner for more coverage. I suggest you go there daily -- it's one of the most popular draws on the site -- thousands go there.

Allied Devices Corporation (NASDAQ/ALDV -- CS 2/98) reported Q1 (12/31/99) revenues of $6,693,487 (up 25%), with net earnings $255,535 or $0.05/share (up 150%) -- a very good showing. This is a solid situation. Call Paul Cervino @ 516-223-9100 x238; fax 516-223-9172, or write 2365 Milburn Ave., Baldwin, NY 11510. www.allieddevices.com [R-7; M-7; L-8]

American Bio Medica Corp. (NASDAQ/ABMC -- CS Sneak 12/98) was issued a patent for its Rapid One dipstick -- it individually screens for the presence of 10 substances of abuse. Also: The conversion of the rest of its $2.5 million Series D 8% convertible preferred stock is now complete. Look into this one. Easy to administer tests for drug abuse with accurate results in five minutes is unfortunately badly needed in our present society -- I wish it weren't, but since it is, ABMC is making a valuable contribution. Call Melissa Decker @ 800-227-1243 or 518-758-8185, fax 518-758-8171, e-mail melissa@americanbiomedica.com, or write 122 Smith Rd., Kinderhook, NY 12106 www.americanbiomedica.com [R-6; M-6; L-8]

Conestoga Enterprises, Inc. (NASDAQ NMS/CENI -- CS Sneak 10/99) completed the acquisition of TeleBeam, Inc. The combination of the two companies will be the only integrated communications providers to offer a full bundle of high bandwidth telecom services, including high-speed data, voice, & wireless services throughout eastern & central Pennsylvania. CENI declared a quarterly stock dividend of $0.21/share payable 3/15/2000 to record holders 12/29/2000. In Q4, CENI revenues were $18,923,000, with net earnings of $456,000 Call Donald R. Breitenstein, controller @ 610-582-6226, fax 610-582-6338, e-mail dbreiten@ceni.com, or write CENI @ 202 East First St., Birdsboro, PA 19508 www.ceni.com [R-7; M-6; L-7]

DRS Technologies, Inc. (AMEX/DRS -- CS Sneak 8/98) reported Q3 (12/31/99) revenues of $ 105,664,000, up 37% & a record, with net earnings of $1,773,000 or $0.18/share, up from $0.10/share, a Q3 record. DRS received a $13 million order from General Dynamics, a $1.1 million contract from the Office of Naval Research, & three contracts for a total of $20.6 million from the U.S. Army. This is a successful defense contractor -- a good solid situation. Call Patricia M. Williamson @ 973-898-1500, fax 973-898-4730, or write 5 Sylvan Way, Parsippany, NJ 07054. www.drs.com. [R-7; M-7; L-8]

FastComm Communications Corp. (NASDAQ/FSCX -- CS
3/93) will be offering DSL (Digital Subscriber Line) technology as a feature to its packet data & voice product line beginning in April. FSCX is at the leading edge of communications -- check them out. Call VP Mark Rafferty @ 703-318-4303, fax 703-787-4625, e-mail info@fastcomm.com, or write 45472 Holiday Dr., Dulles, VA 20166. Its IR contact is Doug Poretz @ 703-506-1778 x222, e-mail @ doug@poretz.com www.fastcomm.com [R-6; M-6; L-7]

Fonar Corp. (NASDAQ/FONR -- CS 1/93) issued a letter to stockholders 2/25/2000 -- ask for a copy, & check out FONR's many recent news releases at our Financial Navigator -- I like the technical progress it has made. FONR now has saleable products that are wanted & needed in medical diagnosis, plus all the other elements in place to generate profits. Call David Terry or Daniel Culver @ Fonar @ 516-694-2929, fax 516-390-9540, e-mail: investor@fonar.com, or write 110 Marcus Dr., Melville, NY 11747-4292. www.fonar.com [R-7; M-6; L-8]

Gentner Communication Corp. (NASDAQ/GTNR -- CS Sneak 2/97) reported sales of $7,415,839 for Q2 (12/31/99), up 41%, with net income $1,051,765, up 103%. It recently announced the release of "Instant Access Conferencing," providing on-demand, reservationless conferencing from anywhere in the U.S. Call CFO Susie Strohm @ 800-945-7730 or 801-975-7200, fax 801-977-0087, e-mail sstrohm@gentner.com, or write 1825 Research Way, Salt Lake City, UT 84119. sstrohm@gentner.com www.gentner.com [R-5; M-6; L-7]

Global Entertainment Holdings/Equities, Inc. (Pink Sheets/GAMM -- CS Sneak 11/99) appointed the prominent Omaha attorney David S. Wintroub its new president/CEO. He & Scott Van Kirk, long-time Interactive Gaming & Wagering NV senior developer, were nominated to the board. Steven M. Abboud, past president/CEO, remains as a consultant. Call Gary Strain @ 888-777-4266 or 402-331-3189, fax 402-331-2899, e-mail gamm@radiks.net, or write 6235 South 90th St., Omaha, NE 68127. www.interactivegaming.com. [R-6; M-7; L-8]

HEARx Ltd. (AMEX/EAR -- CS 9/97) store sales in 1/2000 were up 58%, & corporate revenues for 1/2000 were up 62%. Check out this growing situation. Call chairman Dr. Paul A. Brown @ 561-478-8770 x123, or write 1250 Northpoint Pkwy., West Palm Beach, FL 33407 [R-7; M-7; L-8]

Hello Direct, Inc. (NASDAQ/HELO -- CS Sneak 11/99) sales & rates of return have exhibited consistent growth since 1996. HELO is no longer just a catalog company -- its Internet sales grew 125% in Q4 1999 alone, driven by online partnerships. Sales for Q4 )12/31/99) were $ 22.1 million, up 28.5%, with net income $1.1 million, up 35.8%. Call Don Markley @ 415-986-1591 www.hellodirect.com [R-7; M-7; L-8]

Infinite Group, Inc. (NASDAQ/IMCI --CS Sneak 5/97) announced its Laser Fare ATG received a Phase I contract from the Dept. of Defense Advanced Research Project Agency (DARPA) for a next generation laser fabrication technique. I was surprised to learn that DARPA funded the development of the Internet, & that the Internet was originally called DARPANET. Call CEO Clifford G. Brockmyre @ 401-738-5777; fax 401-738-6180, or write 2364 Post Rd, Warwick, RI 02886. info@infinite-group.com www.infinite-group.com [R-6; M-6; L-8]

Kemgas, Ltd. (OTC Bulletin Board/KMGCF & VSE/KMG -- CS 5/98) is reorganizing, & has a joint venture with Odda Smelteverk AS in Norway for the production & sale of PCC (precipitated calcium carbonate -- from waste lime). Check out its news releases at Financial Navigator. Call Claudia Homburg (France) @ 011-33-450-428 095, fax 011-33-450-405 961, e-mail info@kemgas-ltd.com, or write B.P. 31, 13 Chemin du Levant, 01211 Ferney Voltaire CEDEX, France. www.kemgas-ltd.com. U.S. IR: Irwin Renneisen @ 215-860-2595, or write 600 Newtown Yardley Rd., Suite 103, Newtown, PA 18940. [R-6; M-6; L-7]

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