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

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To: SCOOBEY-DO who wrote (3432)2/3/1999 3:12:00 PM
From: Safe Cents  Read Replies (2) of 4767
 
A study of insider buying has shown that the effect on the stock was unfavorable compared to companies that invested their extra capital in expansion, acquisitions or marketing. I would not like to see ETPI spend precious resources on reducing an already small float of 5.6 million shares. Showing a profit in the 1st or 2nd Q would be preferable.

Personally I don't see a .05 cent/share loss as a failure. Amazon.com lost $200 million and they don't look much like a failure. I see 2 websites and a growth in the military sector as a long term positive.

Marcus
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