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Microcap & Penny Stocks : USA Technologies

USAT 10.56

0.0%

Oct 31 5:00 PM EST

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To: Joan Sherman who wrote (258)	10/20/1998 8:50:00 AM
From: Jon Siegal	Read Replies (1) of 359

Hi Joan: I think it would take me a couple hours to properly answer those quuestions. I invite you to call me at my office at 617-332-0101 from 8:30 to 5:30, Eastern time. To summarize, the company's numbers continue to improve with every quarter. September and October were record-revenue months, and revenue for November is expected to be in excess of $1 million, marking the first time USTT brings in revenues above the break-even point. Revenues for last November were just over $100,000. That is an increase of 1000%. As far as the product line, the company is experiencing tremendous sales with its core product, the full-service business center. However, to cater to market demand, they introduced a Laptop Express center, allowing travelers to connect their laptop to a modem and a printer. They are also making mini-versions of their business center available for hotels that do not have the traffic to warrant a full center. Please do contact me if I can be of any further assistance.

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