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                                                                EXHIBIT 10.47


                            ASSET PURCHASE AGREEMENT

Date:     December 13, 1996

Parties:  Interactive Communications Inc. ("ICI" or "Seller")
          7502 Greenville Ave.
          Suite 300
          Dallas, Texas 75231

          Murdock Communications Corporation ("MCC" or "Buyer")
          1112 29th Ave. S.W.
          Cedar Rapids, IA 52404


Subject of Agreement:

Seller desires to sell, convey, assign, transfer and deliver the Purchased
Assets (as defined in this agreement) and to assign, convey and transfer the
Assigned Assets (as defined in this agreement) to the Purchaser and the
Purchaser desires to acquire and accept the Purchased Assets and the Assigned
Assets, upon and subject to the terms and conditions set forth in this
Agreement.

The  Parties agree as follows:

1.    Sale, Purchase and Assignment

      1.1. Subject to terms and conditions of this Agreement, the Seller
           shall sell, convey, assign, transfer and deliver to the Purchaser
           the following assets (the "Purchased Assets"):

           1.1.1. all rights and interest of the Seller in the Interactive
                  Voice Response Hardware ("IVR Hardware") owned by the Seller
                  which are identified in Schedule 1.1.1.

      1.2. Subject to terms and conditions of this Agreement, the Seller
           shall assign, transfer and deliver to the Purchaser the following
           assets (the "Assigned Assets"):

           1.2.1. all rights and interests of the Seller in the telephone
                  lines connected to IVR Hardware, which are identified in
                  Schedule 1.2.1;

           1.2.2. all rights and interests of the Seller in the telephone
                  numbers assigned to the telephone lines described in 1.2.1.
                  above;




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           1.2.3. all rights and interests of the Seller in the office lease
                  space in which the IVR Hardware are located, which are
                  identified in Schedule 1.2.3.

      1.3. Subject to the terms and conditions of this Agreement, in
           consideration of the sale, conveyance, assignment, transfer and
           delivery of the Purchased Assets and the Assigned Assets, at
           closing, the Purchaser shall deliver to the Seller the executed
           "Audiotext Services Agreement" attached hereto as Exhibit A and a
           payment in cash in an amount equal to $299,145.26, paid at closing.

      1.4. The Purchaser is assuming no liabilities of the Seller,
           provided however, that the Purchaser agrees to reimburse the Seller
           for all outstanding telephone and lease costs incurred by the Seller
           prior to the date that the costs are assumed by the Purchaser if not
           paid by the Purchaser at closing.

      1.5. The closing of the transactions contemplated by this
           Agreement (the "Closing") shall take place at the offices of the
           Purchaser on December 10, 1996.

      1.6. At the Closing the Seller shall deliver, or cause to be
           delivered, to the Purchaser each of the following:

           1.6.1. a counterpart of the Assignment and Assumption Agreement,
                  duly executed by the Seller, attached hereto as Exhibit A;

           1.6.2. the certificate described in Section 2.1.3;

           1.6.3. all documents reasonably requested by the Purchaser
                  relating to the existence of the Seller and the authority of
                  the Seller, all in form and substance reasonably satisfactory
                  to the Purchaser.

      1.7. At the Closing the Purchaser shall deliver to the Seller each
           of the following:

           1.7.1. a counterpart of the Assignment and Assumption Agreement,
                  duly executed by the Purchaser, attached hereto as Exhibit A;

           1.7.2. immediately available funds in an amount equal to
                  $299,145.26;

           1.7.3. the certificate described in Section 2.2.3;

           1.7.4. all documents reasonably requested by the Seller relating
                  to the existence of the Purchaser and the authority of the
                  Purchaser, all in form and substance reasonably satisfactory
                  to the Seller.

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      1.8. The Seller agrees that from time to time after the Closing it
           shall execute, deliver, acknowledge, file and record such further
           bills of sale, general conveyances, endorsements, assignments and
           other instruments of sale, conveyance, assignment, transfer and
           delivery as the Purchaser shall reasonably request in order to
           complete and perfect the sale, conveyance, assignment, transfer and
           livery of the Purchased Assets and Assigned Assets upon the terms
           and conditions described in this Agreement.

2.    Conditions to Closing

      2.1. The obligations of the Seller to consummate the transactions
           contemplated by this Agreement shall be subject to the fulfillment,
           prior to or concurrently with the Closing, of the following
           conditions (any one or more of which may be waived, in whole or
           part, by the Seller):

           2.1.1. The representations and warranties of the Purchaser
                  contained in this Agreement shall be true and correct as of
                  the Closing;

           2.1.2. The Purchaser shall have performed and complied with all
                  provisions, covenants and conditions contained in this
                  Agreement which are required to be performed or complied with
                  by it prior to or at Closing; and

           2.1.3. The Purchaser shall have delivered to the Seller an
                  officer's certificate, dated as of the Closing, to the effect
                  that the conditions specified in Sections 2.1.1. and 2.1.2.
                  have been fulfilled.

      2.2  The obligations of the Purchaser to consummate the transactions
           contemplated by this Agreement shall be Subject to the fulfillment,
           prior to or concurrently with the Closing, of the following
           conditions (any one or more of which may be waived, in whole or part,
           by the Purchaser):

           2.2.1. The representations and warranties of the Seller contained
                  in this Agreement shall be true and correct as of the
                  Closing;

           2.2.2. The Seller shall have performed and complied with all
                  provisions, covenants and conditions contained in this
                  Agreement which are required to be performed or complied with
                  by it prior to or at Closing; and

           2.2.3. The Seller shall have delivered to the Purchaser an
                  officer's certificate, dated as of the Closing, to the effect
                  that the conditions specified in Sections 2.2.1. and 2.2.2.
                  have been fulfilled.


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      2.3. Representations and Warranties of the Seller:

           2.3.1. Organization and Qualification. The Seller is a corporation
                  duly incorporated, validly existing and in good standing
                  under the laws of the State of Louisiana and has all
                  corporate power and authority necessary to own and operate
                  the assets included in the Purchased Assets and to carry on
                  the portion of its business relating to the Purchased Assets.
                  The Seller is duly qualified and in good standing as a
                  foreign corporation authorized to do business in each
                  jurisdiction in which the nature of its activities in
                  connection with the Purchased Assets makes such qualification
                  necessary.

           2.3.2. Authority: Binding Effect. The Seller has all necessary
                  corporate power and authority to enter into and perform its
                  obligations under this Agreement and the Assignment and
                  Assumption Agreement and to consummate the transactions
                  contemplated in the agreements.  The execution and delivery
                  by the Seller of this Agreement and the Assignment and
                  Assumption Agreement, the performance by it of its
                  obligations hereunder and thereunder and the consummation by
                  it of the transactions contemplated hereby and thereby have
                  been duly and validly authorized by all necessary corporate
                  action on the part of the Seller.  Each of this Agreement
                  and the Assignment and Assumption Agreement to which the
                  Seller is a party has been duly executed and delivered by the
                  Seller and constitutes a legal, valid and binding agreement
                  of the Seller, enforceable against it in accordance with the
                  terms hereof and thereof.

           2.3.3  Absence of Conflicts. The execution and delivery by the Seller
                  of this Agreement and the Assignment and Assumption Agreement,
                  the performance by it of its obligations hereunder and
                  thereunder and the consummation by it of the transactions
                  contemplated hereby and thereby will not (I) conflict with, or
                  result in any violation or breach of, any provision of the
                  Charter or Bylaws of the Seller, (ii) result in any violation
                  or breach of, constitute a default under, give rise to any
                  right of termination or acceleration (with or without notice
                  or the lapse of time or both) pursuant to any term or
                  provision of any note, bond, mortgage, indenture, lease,
                  franchise, permit, license, contract, agreement or other
                  instrument or document to which the Seller is a party or by
                  which the Seller or its assets are or may be bound which
                  affects the portion of the business relating to the Purchased
                  Assets, or (iii) conflict with, or result in any violation of,
                  any law, ordinance, statute, rule or regulation of any
                  Governmental Authority or of any order, writ, injunction,
                  judgment or decree of any court, arbitrator or Governmental 



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                  Authority applicable to the portion of its business relating
                  to the Purchased Assets.

           2.3.4. Governmental Authorizations and Filings. There is no
                  requirement applicable to the Seller to obtain any consent,
                  approval or authorization of, or to make or effect any
                  declaration, filing or registration with, any Governmental
                  Authority for the valid execution and delivery by the Seller
                  of this Agreement or the Assignment and Assumption Agreement,
                  the due performance by it of its obligations hereunder and
                  thereunder or the lawful consummation by it of the
                  transactions contemplated hereby or thereby.

           2.3.5. Litigation. There is no action, suit, inquire, investigation
                  or other proceeding pending or threatened against or affecting
                  the Seller or its properties or assets in any court or before
                  any arbitrator or any foreign or United States federal, state
                  or local Governmental Authority which (I) if adversely
                  determined, would have a material adverse effect on the
                  business proposed to be conducted by the Purchaser through the
                  Purchased Assets or (ii) draws into question the validity of
                  this Agreement or the Assignment and Assumption Agreement or
                  seeks to enjoin or prevent the consummation of the transaction
                  contemplated hereby and thereby.

           2.3.6. Compliance with Laws and Other Requirements. The Seller is
                  not in breach or violation of, or default under, any term or
                  provision of any lease or contract or agreement included in
                  the Purchased Assets or of any law, ordinance, statute, rule
                  or regulation of any Governmental Authority applicable to the
                  portion of its business relating to the Purchased Assets
                  (including, but not limited to, the Communications Act,
                  TOCSIA or any statute, rule or regulation of any
                  Telecommunications Authority), except for any violation or
                  default which would not have a material adverse effect on the
                  business proposed to be conducted by the Purchaser through
                  the Purchased Assets.

           2.3.7. Brokers' or Finders' Fees. The Seller has not authorized
                  any Person to act as a broker or finder or in any similar
                  capacity in connection with this Agreement or the Assignment
                  and Assumption Agreement or any of the transactions
                  contemplated hereby or thereby in such a manner as to give
                  rise to a valid claim against the Purchaser for any brokers'
                  or finders' fees or similar fees or expenses.



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      2.4. Representations and Warranties of the Purchaser:

           2.4.1. Organization and Qualification. The Purchaser is a
                  corporation duly incorporated, validly existing and in good
                  standing under the laws of the State of lowa and has all
                  corporate power and authority necessary to own and operate
                  the assets included in the Purchased Assets and to carry on
                  the portion of its business relating to the Purchased Assets.
                  The Purchaser is duly qualified and in good standing as a
                  foreign corporation authorized to do business in each
                  jurisdiction in which the nature of its activities in
                  connection with the Purchased Assets makes such qualification
                  necessary.

           2.4.2. Authority: Binding Effect. The Purchaser has all necessary
                  corporate power and authority to enter into and perform its
                  obligations under this Agreement and the Assignment and
                  Assumption Agreement and to consummate the transactions
                  contemplated in the agreements.  The execution and delivery
                  by the Purchaser of this Agreement and the Assignment and
                  Assumption Agreement, the performance by it of its
                  obligations hereunder and thereunder and the consummation by
                  it of the transactions contemplated hereby and thereby have
                  been duly and validly authorized by all necessary corporate
                  action on the part of the Purchaser. Each of the this
                  Agreement and the Assignment and Assumption Agreement to
                  which the Purchaser is a party has been duly executed and
                  delivered by the Purchaser and constitutes a legal, valid and
                  binding agreement of the Purchaser, enforceable against it in
                  accordance with the terms hereof and thereof.

           2.4.3. Absence of Conflicts. The execution and delivery by the
                  Purchaser of this Agreement and the Assignment and Assumption
                  Agreement, the performance by it of its obligations hereunder
                  and thereunder and the consummation by it of the transactions
                  contemplated hereby and thereby will not (I) conflict with, or
                  result in any violation or breach of, any provision of the
                  Charter or Bylaws of the Purchaser, (ii) result in any
                  violation or breach of, constitute a default under, give rise
                  to any right of termination or acceleration (with or without
                  notice or the lapse of time or both) pursuant to any term or
                  provision of any note, bond, mortgage, indenture, lease,
                  franchise, permit, license, contract, agreement or other
                  instrument or document to which the Purchaser is a party or by
                  which the Purchaser or its assets are or may be bound which
                  affects the portion of the business relating to the Purchased
                  Assets, or (iii) conflict with, or result in any violation of,
                  any law, ordinance, statute, rule or regulation of any
                  Governmental Authority or of any order, writ, injunction,
                  judgment or decree of any court, arbitrator 




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                  or Governmental Authority applicable to the portion of its
                  business relating to the Purchased Assets.

           2.4.4. Governmental Authorization and Filings. There is no
                  requirement applicable to the Purchaser to obtain any
                  consent, approval or authorization of, or to make or effect
                  any declaration, filing or registration with, any
                  Governmental Authority for the valid execution and delivery
                  by the Purchaser of this Agreement or the Assignment and
                  Assumption Agreement, the due performance by it of its
                  obligations hereunder and thereunder or the lawful
                  consummation by it of the transactions contemplated hereby or
                  thereby.

           2.4.5. Brokers' or Finders' Fees. The Purchaser has not authorized
                  any Person to act as a broker or finder or in any similar
                  capacity in connection with this Agreement or the Assignment
                  and Assumption Agreement or any of the transactions
                  contemplated hereby or thereby in such a manner as to give
                  rise to a valid claim against the Seller for any brokers' or
                  finders' fees or similar fees or expenses.

      2.5. Covenant Not to Compete

           2.5.1. The Seller hereby agrees that, for a period of three years
                  from and after the Closing, it will not engage, directly or
                  indirectly through one or more of its affiliates, in the
                  business of owning or leasing or operating IVR hardware or
                  other substantially similar telecommunications devices in
                  hotels.

      2.6  Indemnification

           2.6.1. Indemnification by the Seller. The Seller hereby agrees to
                  indemnify and hold harmless each of the Purchaser and its
                  Affiliates, directors, officers, shareholders, employees,
                  agents, and other representatives forma and against any and
                  all demands, claims, actions, causes of action, proceedings,
                  assessments, losses, damages, liabilities, settlements,
                  judgments, fines, penalties, interest, costs and expenses
                  (including fees and disbursements of counsel) which arise from
                  or relate to a breach or alleged breach by the Seller of any
                  of its representations, warranties, covenants or agreements
                  contained in this Agreement or the Assignment and Assumption
                  Agreement, whether or not such breach or alleged breach gives
                  rise to a claim by a third party.  The rights to
                  indemnification afforded to the Purchaser hereunder shall
                  survive Closing and any investigation made at any time by or
                  on behalf of the Purchaser in connection 



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                  with this Agreement or any of the transactions contemplated
                  hereby for a period of two years.

           2.6.2. Indemnification by the Purchaser. The Purchaser hereby
                  agrees to indemnify and hold harmless each of the Seller and
                  its Affiliates, directors, officers, shareholders, employees,
                  agents and other representatives forma and against any and
                  all demands, claims. actions, causes of action, proceedings,
                  assessments, losses, damages, liabilities, settlements.
                  judgments, fines, penalties, interest, costs and expenses
                  (including fees and disbursements of counsel) which arise
                  from or relate to a breach or alleged breach by the Purchaser
                  of any of its representations, warranties, covenants or
                  agreements contained in this Agreement or the Assignment and
                  Assumption Agreement, whether or not such breach or alleged
                  breach gives rise to a claim by a third party.  The rights to
                  indemnification afforded to the Seller hereunder shall
                  survive Closing and any investigation made at any time by or
                  on behalf of the Seller in connection with this Agreement or
                  any of the transactions contemplated hereby for a period of
                  two years.

                  Notices. All notices, requests, claims, demands and other
                  communications hereunder shall be in writing and shall be
                  given by delivery in person, by the United States mail (first
                  class with postage prepaid thereon) or by cable, telex or
                  facsimile transmission to the parties at the following
                  addresses (or such other address as any party shall have
                  furnished to the other in accordance with the terms of this
                  Section 2.7):

                  If to Seller:     Interactive Communications, Inc.
                                    P.O. Box 4032
                                    Monroe, LA 7121l-4032
                                    Attention:  Paul Eason

                  If to Purchaser:  Murdock Communications Corporation
                                    1112 29th Ave. S.W.
                                    Cedar Rapids, IA 52404
                                    Attention: Dave Schultz

      2.7. Entire Agreement.  This Agreement (including Schedules hereto),
           together with the Assignment and Assumption Agreement, constitutes
           the entire agreement among the parties with respect to the subject
           matter hereof and supersedes all prior agreements and understandings,
           whether written or 



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           oral, between the parties with respect to the subject matter hereof.
           All Schedules hereto are expressly made a part of this Agreement.

      2.8. Governing Law.  This Agreement shall be governed by and
           construed in accordance with the laws of the Sate of Iowa, without
           regard to the principles of conflicts of laws, except to the extent
           that mandatory principles of conflicts of law required the
           application of laws of another jurisdiction wherein any of the
           Purchased Assets are located to determine the validity or effect of
           the sale, conveyance, transfer, assignment and delivery thereof upon
           the terms and conditions set forth in this Agreement.

      2.9. Counterparts.  This Agreement may be executed in one or more
           counterparts, each of which shall be deemed an original, but all of
           which together shall constitute one and the same instrument.

           IN WITNESS WHEREOF, the parties have duly executed this Agreement
           as of the date first above written.


                    Seller:

                    Interactive Communications, Inc.

                    By:     /s/ Jackson B. Doege

                    Name:   Jackson B. Doege

                    Title:  Vice President



                    Purchaser:

                    Murdock, Remmers & Associates, Inc.

                    By:     /s/ Guy O. Murdock

                    Name:   Guy O. Murdock

                    Title:  Chief Executive Officer



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