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Microcap & Penny Stocks : The STNX Investor

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To: Ellen who wrote (166)12/10/1996 9:03:00 PM
From: Steve Borgdine   of 298
 
A general comment. I visited StarTronix today and was able to spend several hours with Jonathon Gulla. Before I share these observations, let me say that I am only sharing observations. I consider them worth putting up for you all. Disregard them if you will, but know that I am not confirming anything to be fact or fiction. Just my day at StarTronix and what I heard and observed.

The backlog of lease agreements has been caught up.

The Beta field testing showed a need for additional tweeking at the stop-gap level. The STNX crew is working 10 hours a day to do the adjusments in order to try to bring STNX to where they can release StarScreens at 20 per hour or 200 per day.

Friday of this week, STNX will begin shipping StarScreens and trying to maintain the above rate of shipping. Approx 1500 units are at customs and will come availble to STNX Fri.

The makers of the StarSCreen is a Hong Kong based company, but the manufacturing is occuring in China.

Greg Gilbert said that some major announcements would be made as soon as some contracts were signed. On the subject of the low price of STNX stock, he said ..."buy all you can".

Now, let me say, I do not make the news, I just am reporting it. And not much at that, furthermore, its news that probably belongs in the Entertainment section rather than in the Finance section...so it isn't much.

My suspicion is that having made a trip to STNX today to do some FP biz, you all would appreciate some shared observation....albeit, not profound.
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