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Microcap & Penny Stocks : Autotote Corp (TTE) --- Computerized wagering equipment
TTE 62.24+1.0%Oct 31 9:30 AM EST

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To: Dawgfool who wrote (105)7/18/1999 11:12:00 PM
From: HERDMORE  Read Replies (1) of 124
 
DAWGFOOL-
I LOOK AT ALL OF THE NEWS COMING OUT OF AUTOTOTE DURING THE PAST
12 MONTHS AND I CAN FIND FEW IF ANY NEGATIVES. IN FACT, THE GROWTH
THEY SEEM TO BE EXPERIENCING IS CLOSE TO AMAZING. THEY HAVE A
SIGNIFICANT AMOUNT OF NEW BUSINESS IN HAND, AND SUBSTANTIAL UPSIDE
ON PENDING CONTRACTS. THEY GOT INTO THE BLACK LAST QUARTER AND I
EXPECT THE EARNINGS MOMENTUM TO ACCELERATE EVERY QUARTER.

THEIR CASH FLOW HAS BEEN IMPROVING FOR MANY QUARTERS AND NOW THE
INCOME STATEMENT IS FOLLOWING SUIT. I LOOK FOR THIS STOCK TO CLOSE
THIS YEAR AT $5 PER SHARE, AND I EXPECT IT TO HIT $10 BY THE SUMMER
OF 2000. I WOULD BE VERY INTERESTED IN YOUR FORECAST ON THIS STOCK'S
PRICE FOR THE NEXT 18 MONTHS. LOOK FORWARD TO YOUR THOUGHTS.
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