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Technology Stocks : EUO - Eurotech, Ltd.
EUO 28.93+0.5%Jan 13 4:00 PM EST

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To: CAREYN who wrote (522)7/17/1998 8:32:00 PM
From: Colin Cody  Read Replies (1) of 565
 
Carey, Well the only silver lining I see is the big scare the shorts fed the street about millions of EURO shares hitting the market as soon as the S-1 was effective was a bunch of hogwash.
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Trouble now is not the shorts, or the market makers or even the shareholders. The problem is more fundamental. WHAT is the Company doing? Where are TANGIBLE (profitable) RESULTS? Revenues, when? how? Where is the open line of COMMUNICATION between the Company, the Press and the Investors? Did anyone ever hear the phrase "annual meeting"?
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I spoke with Peter Gulko this month and he is gung-ho as usual. He IS making progress, but the G-8 seem to take their sweet politically motivated time, and the other technologies seem to be non-revenue generating areas at the present time as well.
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I bought several times in 1998 when things looked like they were ready to GO!
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At this stage I would not recommend a purchase of this stock. I am HOLDING mine but I see no reason to even think about buying here and now.
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Colin
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