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Microcap & Penny Stocks : STGA - Saratoga Brands - Company Split

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To: muffy who wrote (94)11/3/1997 5:43:00 PM
From: Yo Yo  Read Replies (1) of 162
 
Looks like STGA is making a move. After the Muffy Challenge, I took
the opportunity to call the company. I asked a few hard questions
and was pleased to get straight answers from the CFO and CEO.
Quarterly results should be out any day. They were headed to Rhode Is.
last week to review the numbers up there. They invited me to tour the
facility, but I could not free up the time. If things are on plan
the company should do at least $.02 per share earnings this qtr. Company
officers were comfortable with their cash position which was my concern.
They felt comfortable that they would be able to manage the future growth from
existing funds or credit line. Also mentioned they are working on
ways to extend the food business and solidify the balance sheet,
but of course could not give any details.

Maybe this quarter will be enough to convince others that STGA has
cleaned house.

Good luck with this one. I be watching it.
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