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Non-Tech : UNDERVALUED STOCKS

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To: TimbaBear who wrote (542)	11/9/1997 9:45:00 AM
From: SirAlexx	Read Replies (1) of 580

USTL has been under pressure from many fronts; none more disastrous to a struggling company than the failure of its investment banker to provide a floor for the stock. While in the face of negative momentum in pricing, they have still managed to grow their revenues. Throughout this decline in cost per minute they have been under an agreement to buy X amount of time at higher than market prices, thus squeezing them out of any profit potential. They are no longer under that restriction as of Nov 1 and they are also to install a new billing method that will further cut their costs. All tolled, they should begin to show less of a loss in the coming quarters, and perhaps be profitable by Q2 1998. I would suggest calling Ed King their CFO, and get the answers to the more pertinent questions as he can answer them much better than I. It just looks like an easy double from 1 1/2 which is why I mentioned it in the first place. Good luck....Alex

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