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Microcap & Penny Stocks : QuesTec.com (QSTI)

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To: recycle who wrote (1281)6/25/1998 7:28:00 PM
From: Dick Lee  Read Replies (1) of 2393
 
Recycle. I share your concerns about this company. We have had releases that I would classify as "hype". The latest one "QSTI hits a home run" is the biggest concern because it infers the company may not see significant revenues from baseball until the 1999 season.

Questec has got to close some major contracts from which they generate revenue and we can see the light at the end of the tunnel, i.e., the day when they make a profit. The German deal, the Davis Cup deal, the "We've hit a home run" announcement do not address our concerns. It's window dressing.

The pr firm is not doing its job (see the low volume of trades today and the drop in price).

Until we see the beef, contracts that generate revenues which will generate profits in 1998, I seriously doubt this stock will move up.

I have been a stockholder for three years and the pattern of no results continues. This is not a negative statement about QSTI employees, they are working very hard, no question. Are they working smart? I think that's the question and the answer unfortunately is "NO".

They must generate results.

Sorry to be so blunt, but this is how I see it!!!

Dick
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