Auto Network USA Featured in Conservative Speculator
8 December 1998
Auto Network USA Featured in Conservative Speculator
SCOTTSDALE, Ariz., Dec. 7 -- Auto Network USA
(OTC Bulletin Board: ANWK) announced today the Conservative Speculator
Newsletter has featured the Company in the December 1998 issue. Auto Network
is covered in this month's Sneak Preview section of the newsletter.
The Conservative Speculator is a Hilton Head, South Carolina based
Investment Newsletter edited by Lawrence C. Oakley. For subscription
information, please call 843-815-3399.
Auto Network USA is the fastest growing publicly-held wholesaler of used
late model and luxury automobiles in the country. The Company is capitalizing
on the billion-dollar wholesale market by focusing operations in strategic
segments of the country. Auto Network's strategy is to gain market share in
key urban areas by acquiring and consolidating the independent automobile
wholesaling companies. This strategy will provide the Company with access to
a large and growing volume of high-quality late model and luxury automobiles.
It will also allow Auto Network USA to take advantage of geographical
disparities in the real and published value of cars.
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements" within the meaning of
section 27 A of the Securities Act of 1933, Section 21 E of the Securities
Exchange Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such statements about
the Company's future expectations, including future revenues and earnings, and
all other forward-looking statements be subject to the safe harbors created
thereby. Since these statements (future operational results and sales)
involve risks and uncertainties and are subject to change at any time, the
Company's actual results may differ materially from expected results.
CONTACT: Lawrence Oakley of The Conservative Speculator, 843-815-3399; or
Gerry Richards, Investor Relations of M&A West, Inc., 650-588-2678