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Technology Stocks : MBT International Inc. (MBTI)

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To: Nav Toor who wrote (11)1/7/1999 6:50:00 PM
From: Mathew MacIver  Read Replies (1) of 212
 
Agreed on the potential - but it would be nice to see an announcement on an acquisition, see that they have brokers in more than 4 US States, see that their web site actually functions. No reason not for the stock to go higher then. Let the pops begin! They look like can-do people.

On their making a lot of money. Have you seen their financials? Per their business plan, they made $9 million on unspecified revenue in '97, but reportedly primarily on the sale of their graphic reduction technology. (BTW, their 1st year projection in the business plan is $500K net, up to 16MM by year 4, as I recall.) Other information is only available on inquiry of "serious investors". Have you inquired?

Regards
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