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Microcap & Penny Stocks : Ameriquest AMQT (formerly AQS)
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To: Arthur Tang who wrote (302)2/6/1998 4:57:00 AM
From: Arthur Tang  Read Replies (1) of 484
 
There is not much future for a regional computer distributor. They have reached a plateau; and revenue increase to overcome the overhead is an impossible task. Recent email communications indicated lack of aggressive management willingness to change their settled course. At the moment, this is not a stock to place much hope for recovery. Margin of 3% is way below industry standard. Although productivity is about $1 million per employee, the gross margin shows the salary structure is much too high. Such fundamental management faults can not be changed overnight.
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