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Microcap & Penny Stocks : IELSF-Flight to Fortune Or?
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To: hcm1943 who wrote (342)8/13/1998 7:34:00 PM
From: Guildfin  Read Replies (2) of 520
 
Rumor has it that all the mumbo jumbo in that release (Mondays) means that they have reduced their monthly burn rate by a minimum of $100,000 (exact amount was not known). Very positive revenue could be realized with their next contract that should conclude within a maximum of a month (possibly eliminating their current burn rate) and that Singapore will be more aggressive on gaming installations on their aircraft which will hopefully get other airlines moving. Barring a general stock market meltdown I still say we have a better than 50% chance that this will eventually be the elephant we are looking for. Good luck to all
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