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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration

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To: D.Teague who wrote (3048)9/20/1997 2:16:00 PM
From: Alan Coccio   of 10903
 
OFF TOPIC:

Sure, DT, my understanding of the recent announcements is as follows:

The most recent news release announced a $750,000 annual profit projection for the slot machine placements. The previous release stated a $2.5-million dollar net from the single state lottery and a potential $10-million net from the nationwide lottery. Together, that's about $13.25 million with about 13.9 million shares outstanding. Hence, the approximate buck per share earnings. That was my math reckoning and, granted, I liberally rounded it off. <g> By the way, I understand the float is only about 3.5 million shares.

Al

P.S. I have made three buys so far - at .41, .42 and .42 - so I am in right at the current price range. Needless to say, I have very high hopes.
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