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Microcap & Penny Stocks : PELT

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To: David Haith who wrote (63)10/6/1996 9:58:00 PM
From: Nick Prezioso   of 78
 
I have the 10-ksb. What a DISASTER !!!!!!

Loss from operations $4,018,094
other losses $1,562,750

Net loss $5,544,844

EPS $(1.92)

The rest of the report loks even worse. The hair care business
in down the toilet. Maybe I'm over reacting but it couldn't have
any worse.

Please someone reassure me that all is not lost.
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