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From: "Thomas O'Donnell" <todonnel@otcdev13.silver2.lehman.com>
Date: Tue, 18 Oct 1994 13:03:42 -0400

AFU Board Authorizes Share Buy-back

NEW YORK. An AFU spokesperson announced after market close yesterday that the board of directors had authorized a buy-back of up to 1.5 million shares of its common stock through August, 1995, as market conditions permit. There are currently 78 million shares outstanding. "We regard the current stock price weakness as a terrific buying opportunity and intend to do whatever we can to enhance shareholder value," said Rheingold Coors, director of shareholder relations, "and if that involves squeezing the shorts, do be it!"

Coors was apparently making reference to the possibility of a "short squeeze," in which short-sellers are forced to cover their positions by buying stock at a higher price. (Short-sellers borrow stock and sell it, hoping to buy it back at a lower price.) When asked if he was aiming specifically at Furrian Associates, the North Carolina based hedge fund, Coors declined comment.

AFU closed yesterday at 23 1/4, showing a loss of 1/4 for the day.