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Microcap & Penny Stocks : INNOVO (INNO)
INNO 0.0790-21.0%Jan 21 4:00 PM EST

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To: William Macko who wrote (347)10/22/1996 1:10:00 PM
From: Richard Frye   of 4179
 
William, I agree.. talking to operations people will not
get me any information about Profit - shares outstanding...etc.
Thought I indicated that, and that any questions should be
directed to operations, not CEO's.

I think at best all I'll get out of a visit, is a warm and fuzzy.
But atleast I can see that their making something, and shipping it.
Unlike some company's(sexi). Since I'm going to be down there
anyway, it cant hurt to go take a look. If they even let me in.

I would be surprized if they will tell me things like cost of
goods..etc. At best I might get production numbers like how
many bags, and bags/person. Since they are just in start up
phase, I may find out very little.

I've been buying a house over the last couple of days and
have not been able to do much on my investmenst and keeping
up on the internet.
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