ADTC Message Board - Msg: 4346911

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Microcap & Penny Stocks : ADTC

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Jan 16 9:30 AM EST

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To: MichaelR who wrote (246)	5/6/1998 11:16:00 AM
From: MC Niemi	Read Replies (1) of 329

In these days of easy money it should not be that tough to refinance the debt. The thing that worries me is that over the last 4 months the company has now reduced its earnings estimates for 1998 twice. We were told .50 for 98, then it was reduced to .40 and yesterday I was told it is now .30 for 98. Maybe the costs for ramping up production to meet excess demand is more than what they are selling product for. MC

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