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To: bob prisco who wrote (59)	4/4/1997 7:55:00 PM
From: Leonard Daniel	of 913

Bob. I think you are on the right track. I talked with the company VP today. He says the company stands by it's statement of 3/24/97. As to why they haven't moved ahead with their plans, his response makes sense to me. "With the present decrease in stock pricing, (and this includes the total market) we are hesitant to make any promises until we can get our stock price back to at least 5 or 6." He insists the company is in no trouble and this is still the result of certain holders having to deal with margin calls. This is plausable. I would also like to point out that we all knew the stock was speculative when we bought it. Now that there is a hitch "in the get-along" everyone who previously thought they were going to get rich wants to run out. Sometimes you have to fight fire with fire. So, I bought another block today. The price is so small, that if the company goes belly up, I haven't lost much. Has anybody considered that if something was seriously wrong with the company and it's original performance the SEC would have already been down on them. You can bet your bitty that they are watching this one. This is not the time for the faint of heart to be speculating about what is wrong. I still say buy, buy and buy more.

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