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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

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To: NCKEV who wrote (238)11/11/1996 3:25:00 PM
From: David Goldstein   of 3967
 
Kevin,

They had Lanza on again today. He claims by the end of december 96 they will start doing 300 to 385 thousand in revenues. He says 4th quarter should show a little profit counting depreciation.
Claims as of today they have the exclusive rights to the military bases. 28 bases up and running, 12,000 people, and 60,000 lines.

He also mentioned that they are laying fiber optic lines for internet( I am not sure but this seems to be with sprint too) and something about ATM switches.

He also continued to claim that 30 percent of the stock is being shorted and that currently there is about 4.7 million shares in the float. (whatever that means).

Fact or fiction, who knows? But I am glad the advertising push is on.

Dave
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