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Microcap & Penny Stocks : WTHL - Whitehall Enterprises

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To: gregor who wrote (20)5/20/2000 1:53:00 AM
From: MGhell  Read Replies (1) of 27
 
Seems as if the next quarter will be the decisive one....

Moreover I think that we wont hear anything about aqcuisitions as long as the price languishes at these levels.

Good news is: If you believe in WTHL and its management these price-levels are a "special offer". I'm loading up more than ever now because I think the price will at least triple after the next quarter if you read this:

"The losses in ALG were related to the introduction and roll out of AlternativeLending.com in this quarter. As a result, ALG experienced many one-time expenses related to research, development, upstart Internet marketing fees, and technology upgrades that will not be incurred again. Whitehall management made a conscious decision to incur all start up expenses in this quarter, thus ensuring ALG to immediately service its projected customer base and report a substantial profit for next quarter.

In addition, ALG also incurred several expenses directly related to the acquisition of DF that were not offset by revenues. Now that the consolidation is complete and barring any unforeseen operational and/or industry changes, ALG expects revenues to increase by approximately 300% in the next quarter. This is consistent with the results already achieved in April, which in turn are a direct result of the start up investments made in this quarter.

Since the roll out of AlternativeLending.com, ALG has been able to increase our consumer traffic by over 300% and begin to rely on our Internet web site to supply the bulk of our mortgage leads. This will not only have a positive effect on our marketing costs in the second quarter, but is also the next step in utilizing the Internet and our web site to generate 100% of our retail mortgage leads. "

So, the above and the overall market weakness has driven the price to a dime now. This should be really the bottom here. Will be interesting to see what monday brings....
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