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Technology Stocks : MBT International Inc. (MBTI)

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To: Joana Tides who wrote (97)2/7/1999 2:22:00 PM
From: Hal Rubel   of 212
 

RE: "If I'm right, the good news on earnings should start to come up in a couple of months; and that's when MBTI will start to pick up speed."

Joana, I am not looking for "earnings", per se. I am looking for "revenue growth".

If MBTI catches on, and if MBTI has the management strength to capitalize on its initial advantages, we will prosper. If they stumble in these areas we will not see the strong and sustained revenue growth needed to boost share holder wealth. We will have only been a contender.

I am looking most closely at management expertise and execution. My end game is a buy-out. I do not expect MBTI to ever show a "net profit" during the time I own it. However, I do expect to end up with a big chunk of FORD, ADM, or Food Equipment Group stock.

Hal
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