Docucon ( DOCU ) Message Board

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Microcap & Penny Stocks : Docucon ( DOCU )

DOCU 69.96

-1.4%

3:25 PM EST

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To: r. peter Dale who wrote (384)	7/27/1997 4:37:00 PM
From: Ken Reidy	of 510

I own a small amount of Docucon and am considering adding to my position at these prices. In an effort to stimulate more discussion about Docucon I am going to make a few comments and ask a couple of questions. 1. As stockholders, do we have any idea when Docucon expects to/hopes to hear from the DOD on the outstanding proposal? 2. In the 10Q for the first Quarter, the company states that the work performed under new projects was more labor intensive than previous conversion services for the DOD. Hence, the company had a small net loss for the first Quarter. If they get a new contract, do we have any idea if the work will return to its former level of profitability? 3. The 10K states that the JFS division will expand its product offerings during this year. Has this happened yet? I thought that the price appreciation last week might have been an early "Technical" sign that good news was forthcoming. The price fell back however so maybe I was wrong. Any discussion or comments would be greatly appreciated. As the 10Q for the first Quarter was out 5/15, I'm anticipating the next earnings announcement around 8/15. Any speculation about those earnings? Thanks.

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