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

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To: Crossy who wrote (73)4/20/1998 5:08:00 AM
From: franco nuvoloni  Read Replies (1) of 189
 
Crossy,

I've been away a few days and just read the news release today. I must admit that the numbers as stated by far exceed (in negative terms) my expectations for the quarter. I would like to know what the Arnolds' contribution to this loss was to better determine what the future prospects for this company are. I think we can take it as granted that we have moved to the right on the time line and that profitability might first be achieve by the second quarter 98 at best or even 3rd quarter. I still believe though that now the fundamental outlook has totally changed and that at 1.25 bucks the down side risk is minimal with upside reward being considerable over the next 12 months. It certainly is not a short term play and it has become a longer term investment than I had hoped for, but I will stick to it going forward as it can only become better at this point.

Regards,

Frank
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