Date: Mon, 09 Oct 00 22:34:00 EST
From: StockTips@atip.fsnet.co.uk
To: StockTips@atip.fsnet.co.uk
Subject: Investment Opinion on OTCBB: CGYC
Message-Id: <E13irOQ-0006Ce-00@relay2.mail.uk.psi.net>

Mile High PR Announces Investment Opinion on Carnegie International 
Corporation OTCBB:CGYC 

Carnegie International Corporation http://www.carnegieint.com/
is now more than ever focused on potential 
acquisitions, mergers, joint ventures and partnerships. In order to create 
more profit opportunities for CGYC, chairman David Gable recently retained 
Investec Ernst & Company of New York City as a financial advisor and 
investment banker.
We believe that CGYC could 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 forward to the increase in revenues of about $15 million due 
to the agreement its subsidiary Paramount International Telecom just signed 
with RoomLinX to offer wireless, high speed internet access in hotel and 
hospital rooms across North America.

Carnegie International Corporation http://www.carnegieint.com/ is 
an Internet support and computer telephony holding company with 
specialization in telecommunications products, services and distribution, and 
in E-Commerce and EDI. Its primary wholly-owned subsidiaries include: RomNet 
Support Services, Inc., an Internet, e-business and technical support 
services company, Profit Through Telecommunications (Europe) Ltd. (PTT), a 
telecommunications software company providing business solutions utilizing 
proprietary speech recognition, touch tone and bar code responses to send 
and/or receive information; ACC Telecom of Columbia, Maryland, a leading 
reseller of equipment and business telephone systems from Comdial(TM), 
Lucent(R), SONY(R) and Sprint(R); American Telephone & Computer, an Ameritech 
and Comdial dealer based in Elmhurst, Illinois, in the Chicago suburbs; Voice 
Quest, Inc., of Sarasota, Florida, a developer and provider of speech 
recognition and voice mail technologies and products, Paramount International 
Telecommunications, Inc., of Vista, California, which serves hotels and other 
businesses, primarily in 0+/- call auditing and international one-plus 
sectors, and Federation of Associated Health Systems, Inc., of San Antonio, 
Texas, which serves more than 700 hospitals with telecommunications services, 
primarily in 0+/- call auditing and international one-plus sectors.

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 
statements made or to be made by Carnegie International Corporation) contain 
statements that are forward-looking, such as statements relating to the 
future anticipated direction of the telecommunications industry, plans for 
future expansion, various business development activities, planned capital 
expenditures, future funding sources, anticipated sales growth, and potential 
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 any 
forward-looking statements made by or on behalf of Carnegie International 
Corporation. These risks and uncertainties included, but are not limited to, 
those relating to development and expansion activities, dependence on 
existing management, financing activities, domestic and global economic 
conditions, change in Federal or state laws, and market competition factors. 

About Mile High PR Inc.
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 enormous 
growth potential. Mile High PR is a full service public relations / Investor 
relations firm.
 
All material herein was prepared by Mile High PR based upon information 
supplied by the company or other sources believed to be reliable. The 
information contained herein is not guaranteed by Mile High PR 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. Mile High PR is not a licensed broker, broker dealer, market 
marker, investment banker, investment advisor, analyst or underwriter. Please 
consult a broker before purchasing or selling any securities viewed on 
http://www.carnegieint.com/  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.
Mile High PR may sell its shares for less than the target price given in this opinion.
Mile High PR'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. Mile High PR 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.


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