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Microcap & Penny Stocks : QuesTec.com (QSTI)

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To: Mozingo who wrote (1495)1/25/1999 11:56:00 PM
From: Dick Lee  Read Replies (1) of 2393
 
Gary

I haven't bother responding. It has happened for the last two years. Atrocious operating results and press releases issued just before the annual meeting promising a collection of things that sound good. And then, nothing..... Result, the folks who came in expecting riches tomorrow bail out because it didn't happen. So the folks who were buying based on the hype at the rate of 200,000 to 500,000 shares per day are going to bail at the same rate. Where is the price of the stock going? You guessed right, back into the tank. Why? I'll leave you to figure it out. So, what do you do? Probably sell and buy back in at 18¢. Not a bad way to make $.

We were expecting $2 million in revenues for FY 1998 (confirmed by Mike Russo) and what did we get (< 0.2 million in revenues). Aslong as the results are what they are, ATROCIOUS, the stock will go nowhere. Press release promising the light fantastic are one thing, what determines the value of a stock is EPS and we don't have any, not by a long shot!!!

Dick

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