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Microcap & Penny Stocks : ONPT - A 52wk high price and volume

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To: Stefan Habermayer who wrote (139)4/9/1997 1:30:00 PM
From: SanDiegoMAN   of 375
 
To all in ONPT,

I want to emphasize that this stock used to trade at $10 a share when it was LOTO.

Back then there principle income was from the sale and service of Lottery ticket vending machines. They made good money and and even gave 5 shares away for every 100. I know that isn't much but things were going good. Then they got into the calling card business and that was good.

As I mentioned there was some kind of Scandal, even at the shareholders meeting they were embarrassed and hush hush about it. Soem big contracts for State lotteries didn't go though. But the mangement team is all new and they changed their name and refocused the co into dispensing technology as a whole. They have a lot of exp. There machines are tight as a safe they use bullet proof glass on some.

Anyhow, the market will need some type of device in the future and ONPT is the leader. With new direction and the ability to service other industries besides Lotteries they have the potenial to get back to $10 and more. Just a thought SDMan
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