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Microcap & Penny Stocks : Microtel, benefitting from the Telecom Bill

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To: Steven D. Spurlock who wrote (32)11/19/1997 3:03:00 PM
From: Buzz Mills  Read Replies (2) of 189
 
Steve,

I think it will take a few more quarters to turn the stock around completely. The results of this quarter, with the closing of the sale in mid-December, will still contain the losing subsidiary, but losses should continue to narrow. The first quarter next year will be the first quarter which will reflect the restructured company--revenues will be reduced but hopefully not so much as to not be able to offset the overhead.

Buzz
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