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Microcap & Penny Stocks : Curtis Mathis (CRTM)

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To: Joe Barker who wrote (52)7/16/1997 3:24:00 PM
From: Lenny W.   of 70
 
Joe, I was also under the impression that the product was being shipped to the retailers too. I don't know why it didn't ocurr as indicated so and can understand your feelings as such. I did talk to Neal Katz yesterday regarding the snail pace movement on getting this thing going. He reiterated the problem of the Kiosks being sent back by retailer (I think Frys) for redesigning. He just basically said that they're doing everything to get this going in the stores without any anticipated glitches, etc. I guess that's somewhat old-hand as you know it by now. I then asked him something regarding the national advertising campaign (Turner Broadcasting) starting sometime in August. The way this was taking so long to get going in these 3 regional chains, I wondered why they would start national advertising in August. Neal seems to think that once these first guys get going they'll be able to get the second wave and so-on going a lot faster to provide some semblence of national distribution coverage by the end of August and into September. Joe, you can take that for what its worth.

Joe, it's gut wrenching to watch each of our investments disintergrate as it has. But I gotta believe we're maybe a week or so away based on current data from all sources. The big question (?) is will they sell??? Does Tom O'Mara have this magic wand. The fact that there's no indication that he bought any stock, even at these low levels doesn't give me much comfort. If all the other principals have all this stock, why didn't Tom get any. Does this show indication of some lack of confidence in the product or his marketing efforts, or just that he doesn't invest in stocks? Why doesn't he have any stock? I really don't care if the janitor does or doesn't. O'Mara is the main guy bringing this baby to market. I can't comprehend why he doesn't own any CM stock. Any thoughts Joe?
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