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Microcap & Penny Stocks : Rawson-Koenig(RAKO)-Back on Track

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To: John F. Poteraske who wrote (3)10/25/1996 3:35:00 PM
From: James Randall Ingram   of 35
 
John, I called the company today to request the latest quarterly report. I neglected to get the name of the person with whom i talked, but he was NOT a "fountain of information". I asked if he knew of any reason for the drop in stock price, but i got the impression he would be hard-pressed to even tell me the stock price. He did say that the comptroller had mentioned to him in conversation that, although 1995 net income was up over 1994, net income per share for 1995 wasn't as good as they had expected. I mentioned to him that the company had said some time ago (6-12 months ?) that it intended to develop new products in order to lessen the cyclical nature of their business. He didn't seem to have a clue. RAKO certainluy looks like a bargain. Hopefully, the investor package will confirm this. James
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