S.A. Advisory E-Mail Update

December 22, 1998

Subject: MAJOR SELL RECOMMENDATION-December 22,98--www.saadvisory.com

Dear E-mailers:  http://www.saadvisory.com

1.  We appreciate all the response from investors that emailed us concerning
    the recent HUGE gain from the recommendation and sale of 1/3 position
    of GGNC.  Recall our last email --placed a sell recommendation on
    GGNC @ $3.625/share--11 bagger in around 35 days.  We still like GGNC,
    but need a fully reporting company with the SEC, less hype-PR and
    printing press for shares to finally stop!  We believe that it still
    may be heading lower because of tax selling!  We also are starting to
    question if GGNC's site offers the best play for the gambler! At
    current prices we remain on the sideline.

2.  Our main reason for this message is our MOTIVE to raise MONEY from the
    sale of many stocks!! We feel this market is expensive and would
    rather have $$$$$$$ on the sideline!!  Within the next few days we
    issue a list of attractive microcaps that in our opinion are extremely
    CHEAP!

                              SELL RECOMMENDATIONS ( DEC 22,98)

symbol    date recommended    price    sell price    %gain or loss

amat      Sept 1, 98           $24.56     $44.69        81%G

cymi      Sept 1, 98           $10.25     $15.75        53.6%G
(we still control one position 2/01/98@$16.56)

klac      Sept 1, 98           $21.25      $42.12       98.2%G

seg       Sept 1, 98           $17.06      $34.375      101.5%G

cpq       Sept 1, 98           $27.94      $44.25        58.4%G

apm        10/31/97            $22.69      $8.875        61%L

amat       10/31/97            $33         $44.69        35%G

spct       10/31/97            $22.75      $13.50        41%L

sunw       10/31/97            $32.75      $86.875       165%G

wdc        12/15/97            $17.75      $16.31         8%L

cs         12/15/97            $14.125     $8.94          37%L

apm        12/15/97            $12.69      $8.875         30%L

amat       12/15/97            $26.125     $44.69         71%G

spct       12/15/97            $17.625     $13.50         24%L

sunw       12/15/97            $35.69      $86.875        143%G

apm         7/23/98            $5.75       $8.875          54%G

infg       12/09/93            $1.00       $1.50           50%G

even        4/31/97              .41          .006         98.5%L

anet        8/09/97            $13.125      $12.31          6.3%L

intk        8/09/97               .94          .31          67%L

intk        10/08/93              .875         .31          65%L

imds        10/23/95              .78          .45           43%L
(sold 1/2 @ $3.00-10/15/95)

emc         10/25/95              $8.50        $84.625       895%G
(had a 2 for 1 forward --sold half @ $39--2/04/97)

issi         6/24/96              $12.25       $3.06          75%L       


3. The Internet stock are very dangerous--We would be a seller of YHOO,
   Ebay, Onsale, Amazon,ubid,aol and nsol!
  
   We intend to monitor our sell recommendation on this group of tulips
                              Dec 22, 98
symbol     recommended sale price
UBID           $84.125
EBAY           $296.375
AMZN           $318.75
AOL            $117
ONSL           $68
NSOL           $164.75
YHOO           $247.50

PS:  During the next few days we will release a few stocks that we believe
     should be purchased for 99

Yours truly,  William Velmer     http://www.saadvisory.com