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Gold/Mining/Energy : Magnifoam Tech MTG/ASE
MTG 29.01-0.2%Jan 9 3:59 PM EST

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To: Ron Nairn who wrote (101)11/22/1998 7:08:00 PM
From: RENO GAMBLER  Read Replies (1) of 144
 
To Rondo: Sorry for the delay in responding. The fax I received from Magnifoam also goes on to say that they expect to be profitable for the year ending March 31,1999 due to their outlook for substantial sequential revenue growth for the third quarter. They certainly have slowed down on distributing information to the public and shareholders over this past year. I wish they would get their act together and keep in touch with their shareholders more often with regular updates as does most companies. They should realize that during uncertain times that no news makes people believe that there are no new sales and that causes people to get nervous and to dump their stock. If there is anyone from Magnifoam looking in on this string, GIVE YOUR SHAREHOLDERS MORE UP DATES MORE OFTEN !
RENO GAMBLER
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