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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"

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To: Ben Antanaitis who wrote (1375)9/26/1997 11:35:00 AM
From: Dale Stempson   of 1985
 
Geez Ben, I disagree with you and believe this to be a very positive move. Simply speaking, JTS is getting some badly needed cash and the management is making a MAJOR statement of support by investing over $5 million of their own money.

Yeh, there's always dilution that goes along with additional financing, but it is not always bad news... quite the contrary in most situations IMO.

I also like their press release reference to $.83 a share average cost. This should help JTS stock to move up a bit closer to a buck in the short term. For those of us who've averaged-in some shares in the 5/8 range, this helps (a little).

I like the news. Regards - Dale
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