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Gold/Mining/Energy : Pallet Pallet Inc.
PPAL 60.100.0%Sep 23 11:27 AM EST

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To: Ron D.C. who wrote (57)1/22/1997 9:53:00 PM
From: Richard Nash   of 451
 
I believe the next quarter fiscal results will be better than the last, however I don't believe there is going to be any huge profits. If the company makes a 1 cent per share profit in 97 I think that will be decent. It takes a long time to turn around a company of this size. Once Pallet Pallet has raise the money by issuing the shares, they will pay down debt, by the Ohio business their interested in, and computerize and link their book keeping system together, Once this happens I think this is when we will begin to see what this company can really do !!!!

I bought at 33 cents and 37 cents, if the stock falls to 35 cents I'll buy more. This company will be profitable, we just have to wait a little longer !!!!

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