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From: StockTips@atip.fsnet.co.uk
Subject: Investment Opinion on OTCBB: CGYC 
Date: Thu, 12 Oct 2000 23:38:33 -0500
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<FONT face=3D"Times New Roman">
<FONT size=3D3> Mile High PR Announces Investment Opinion on Carnegie Inte=
rnational Corporation OTCBB:CGYC<BR>
<BR>
Carnegie International Corporation, <B> www.carnegieint.com </B> is now mo=
re than ever focused on potential acquisitions, mergers, joint ventures an=
d partnerships. In order to create more profit opportunities for CGYC, cha=
irman David Gable recently retained Investec Ernst & Company of New York C=
ity as a financial advisor and investment banker. We believe that CGYC cou=
ld realize an additional $4.5 million in profit in the Midwest alone, and =
could achieve 20% in the market over the next year. CGYC is looking forwar=
d to the increase in revenues of about $15 million due to the agreement it=
s subsidiary Paramount International Telecom just signed with RoomLinX to =
offer wireless, high speed internet access in hotel and hospital rooms acr=
oss North America.<BR>
<BR>
Carnegie International Corporation, <B> www.carnegieint.com</B>  is an Int=
ernet support and computer telephony holding company with specialization i=
n telecommunications products, services and distribution, and in<BR>
E-Commerce and EDI. Its primary wholly-owned subsidiaries include: RomNet =
Support Services, Inc., an Internet, e-business and technical support serv=
ices company, Profit Through Telecommunications (Europe) Ltd. (PTT), a tel=
ecommunications software company providing business solutions utilizing pr=
oprietary speech recognition, touch tone and bar code responses to send an=
d/or receive information; ACC Telecom of Columbia, Maryland, a leading res=
eller of equipment and business telephone systems from Comdial(TM), Lucent=
(R), SONY(R) and Sprint(R); American Telephone & Computer, an Ameritech an=
d Comdial dealer based in Elmhurst, Illinois, in the Chicago suburbs; Voic=
e Quest, Inc., of Sarasota, Florida, a developer and provider of speech re=
cognition and voice mail technologies and products, Paramount Internationa=
l Telecommunications, Inc., of Vista, California, which serves hotels and =
other businesses, primarily in 0+/- call auditing and international one-pl=
us sectors, and Federation of Associated Health Systems, Inc., of San Anto=
nio, Texas, which serves more than 700 hospitals with telecommunications s=
ervices, primarily in 0+/- call auditing and international one-plus sector=
s.<BR>
<BR>
Private Securities Litigation Reform Act of 1995 provides a "safe harbor" =
for forward-looking statements. Certain information included in this Press=
 Release (as well as information in oral statements or other written state=
ments made or to be made by Carnegie International Corporation) contain st=
atements that are forward-looking, such as statements relating to the futu=
re anticipated direction of the telecommunications industry, plans for fut=
ure expansion, various business development activities, planned capital ex=
penditures, future funding sources, anticipated sales growth, and potentia=
l contracts. Such forward-looking information involves important risks and=
 uncertainties that could significantly affect anticipated results in the =
future, and accordingly, such results may differ from those expressed in a=
ny forward-looking statements made by or on behalf of Carnegie Internation=
al Corporation. These risks and uncertainties included, but are not limite=
d to, those relating to development and expansion activities, dependence o=
n existing management, financing activities, domestic and global economic =
conditions, change in Federal or state laws, and market competition factor=
s.<BR>
<BR>
About Mile High PR Inc.<BR>
Mile High PR was developed solely for experienced, risk tolerant investors=
. Mile High PR introduces what in its opinion are undervalued companies to=
 the investment community. Mile High PR strives to locate companies with e=
normous growth potential. Mile High PR is a full service public relations =
/ Investor relations firm.<BR>
<BR>
All material herein was prepared by Mile High PR based upon information su=
pplied by the company or other sources believed to be reliable. The inform=
ation contained herein is not guaranteed by Mile High PR to be accurate, a=
nd should not be considered to be all-inclusive. The companies that are di=
scussed in this opinion have not approved the statements made in this opin=
ion. This opinion contains forward-looking statements that involve risks a=
nd uncertainties. A company's actual results could differ materially from =
those described in any forward-looking statements or announcements discuss=
ed 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 secur=
ities. Mile High PR is not a licensed broker, broker dealer, market marker=
, investment banker, investment advisor, analyst or underwriter. Please co=
nsult a broker before purchasing or selling any securities viewed on <B> w=
ww.carnegieint.com</B>  Mile High PR has not yet been compensated by third=
 party shareholders on behalf of one or more of the companies mentioned in=
 this opinion. (300,000 CGYC ). Mile High PR intends to sell its shares. M=
ile High PR may sell its shares for less than the target price given in th=
is opinion. Mile High PR's affiliates, officers, directors and employees m=
ay also have bought or may buy the shares discussed in this opinion and ma=
y profit in the event those shares rise in value. Mile High PR will not ad=
vise as to when it decides to sell and does not and will not offer any opi=
nion as to when others should sell; each investor must make that decision =
based on his or her judgment of the market.<BR>
<BR>
This release has been sent in accordance with all state and federal laws.<=
BR>
To be removed please call: 1-800-222-6000 ext 957-8776<BR>
<BR>
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