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Microcap & Penny Stocks : Toppers Brick Oven Pizza TBOP

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To: Carl Brehm who wrote (19)10/3/1997 11:37:00 AM
From: William, III   of 41
 
Public relations at TBOP referred me to a broker that has been following TBOP in Florida. I called him a couple months ago (when it was at $1 1/2 - 2) and he said that the reason it dropped from $4 recently is that TBOP keeps saying they are going to release a fincancial statement and earnings, but never do. Wall Steet has become impatient with them.

He also said that at the INDY 500 this year they ran out of pizzas and that they were selling like hot cakes. In additon he said they were working on a deal with Disney World. Until the company puts out some earnings info, don't expect this stock to climb much.

I, for one, am also frustrated by the huge spread between the bid and ask on this stock. I don't like buying a stock at $1 when the bid is 75 cents.
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