ETPI-Military Entertainment Enters Civilian Market Message Board

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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market

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To: PREFSTOCK who wrote (3404)	2/1/1999 3:52:00 PM
From: Gator	Read Replies (1) of 4767

I think it's down for a number of reasons. The euphoria of the new internet sites has worn off. The Arlington Mall closure, while long-term a positive move, was still a disappointment for people looking for $350 sales per square foot out of that location. I think it also threw doubt into the performance of the other locations, which we have no information on. The year-end financials are still not out after 120 days following year-end (and 32 days late as of today). That leads to speculation that there may be a dispute in the numbers being audited (year-end numbers are audited, the first two quarters of the year were unaudited). People aren't real clear about the direction of the company. Each month seems to be a different focus. I believe some of the restricted shares will be hitting the market this year (issued from acquisitions, former PR people, etc.). The good news is that it will eventually present another buying opportunity if it slips down below book value again. It will eventually make it's way back up to $0.50, but it may have to pull back to the $0.20's first to generate some interest. All this could change if the company comes out with positive earnings surprises or major acquisitions that are immediately accretive to earnings and significantly increases revenues. Just my opinion. Gator Disclaimer: I have received shares of restricted stock from the company for various consulting services.

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