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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"
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To: Trey McAtee who wrote (692)4/24/1997 7:35:00 AM
From: tbevan   of 1985
 
I doubt they'll be making any announcements that say they've lowered their revenue expectations for the current quarter. I don't think those more recent expectations were ever announced in a press release. They were simply reported to me over the phone by Investor Relations. (Although they *were* probably offered to the Montgomery analyst whose report I posted at the same time.)

I have a friend who says that as he goes through life he seems to find that his way to finding greater happiness comes (regretably) from a gradual lowering of his expectations. It feels at times like JTS is taking the same approach. And this just won't cut it.

I don't so much mind being long on the stock. The problem I have is having gotten in when the expectations they put up before the public were so inflated. They say they're finished trying to find equity financing now, so (not having to promote their stock) they ought
to be able to present some realistic goals to the public (and put an *effective* positive spin on them).
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