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Microcap & Penny Stocks : DGIX - Dyna Group
DGIX 0.6500.0%Dec 24 9:30 AM EST

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To: swoboda4 who wrote (89)12/17/1997 11:50:00 AM
From: Tracy Barber  Read Replies (2) of 114
 
To all,

Anyone still following this one? I think that the worst is over here. I was encouraged by the fact that the company was profitable last quarter on very weak revenues. $500,000 of the shortfall was caused by an adhesive problem that resulted in product returns (talked to Scott Schwind about this 4-5 weeks ago).

Scott indicated that during to the move to Texas, the company was not pursuing new sales aggresively. They wanted to make sure that they could service their existing customers properly. Now that the move is complete, I'm sure increasing sales will be a priority again.

CEO Roger Tuttle didn't pack up and move the company 1,500 miles south to have it shrivel up and blow any. Plus, he owns close to 4,000,000 shares, so he has a big incentive to make the business grow.

Should be a interesting 1998 for DGIX.

Tracy
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