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Microcap & Penny Stocks : Microtel, benefitting from the Telecom Bill

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To: Buzz Mills who wrote (35)12/5/1997 4:56:00 PM
From: franco nuvoloni  Read Replies (1) of 189
 
Buzz,

Just talked to the company yesterday and asked if the sale of the loss making division was on track. The answer is it will definitely be out of their books next year. No losses going forward and the fourth quarter 97 should at least be break even. This has been a remarkable turnaround quarter by quarter, 98 will begin with profits and end that way. This stock price in no way reflects the fundamentals of the company. Think of it, while tremendously improving profitability the stock price has nearly halfed in price. This shows how inefficient this market is when companies do not have any following. I can't help it, it's a screaming buy. All we got to do, is to get ELK Int. dried out, he's the only supply right now. Eventually the market will have taken care of him, just a matter of time.

Regards,

Frank
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