ETPI-Military Entertainment Enters Civilian Market Message Board

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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market

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To: Toby Zidle who wrote (4585)	7/30/1999 9:07:00 AM
From: Kelly Igou	Read Replies (2) of 4767

Been away for a week - looks like an interesting week - lots of speculation. It looks to me like some folks are getting in early anticipating a move just before earnings are announced. The usual scenario: price run-up anticipating positive earnings, followed by price crash when earnings do not SIGNIFICANTLY EXCEED expectations. If this runs up, and ETPI does not significantly exceed expectations (and each holder definitely has differing expectations) do not expect it to maintain its strength. The recent buyers will sell, and we will drop back to a level somewhat higher than we are today. Unfortunately there were too many buyers in the .17 range that will want to exit with their two-baggers. If you want to get out, I would try to do it prior to the earnings announcement, when this thing could run to .60 or more. I do not expect it to hold a price higher than .40 on good earnings. Of course, all these comments are my own opinion, and are given under an assumption of "all other things being equal", which may not be a good one.

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