From jasper37@korea.com  Wed Apr  7 10:04:19 1999
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Date: Wed, 7 Apr 1999 11:52:21 +0800
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To: jasper37@korea.com
Subject: Hot Stock! You Must Act Fast
 BUY RECOMMENDATION

EUROTELECOM COMMUNICATIONS
Symbol:  EUTC (OTC BB).
Opinion:  Immediate BUY.
                Hold for upside.
Tell your Brokers to buy this one for their
own account...BOTH of you could make $$.

Share Structure:  Float of approx. 750,000.
  Issued Shares:  6,426,360.
  Restricted Shares:  5,390,360.
Share Price, 4/01/99, Thursday:  $ 1.69
Price Target:  $4 short term,
                       $10 for 1999.

Trading has climbed steadily and share
price has moved from $.25 to $1.69 in
the last month.  When the price goes
above $3, the U.K. pension funds will
be able to buy in.  Share float is tightening.
Major new buying is expected to come
into the stock for week of 3/29.  Promo
beginning by numerous Brokerage firms.
Press Release of March 15, 1999 advises
of new acquisitions, new products, and
new strategic alliances for marketing the
latest High Tech Enterprise and Security
Solutions.  Also, see Press Release of 3/29.
..an excellent acquisition for VSAT and
defense/security business growth.
EUTC is well focussed and is well funded.
The present share price greatly undervalues
the company...look for more acquisition
news soon.  The market for their products
and services is growing exponentially,
especially in the I.T. and Information
Security areas.  EUTC's clients include
UK and USA Defense Departments.
Planned expansion, acquisitions, and
a new high-tech product line will give
the company new market exposure
along with more revenues.  EUTC plans
to provide a major internet presence for
numerous retail clients and to offer
e commerce solutions which have
significant new custom features for
enterprise solutions and process
management with inventory and
marketing controls.
The company is well managed, and
is following a detailed business growth
plan.  EUTC has a very strong and
growing client base.  Several good
companies in the fragmented I.T.
industry are seeking to merge or
to become partners.  EUTC is
expected to announce new mergers,
new ecomm, new software, other
new products, and Y2K software.
Read the News Releases at:
 <http://quote.yahoo.com/>  and
<http://www.eurotelecom.co.uk/>

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