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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market
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To: PREFSTOCK who wrote (3702)2/25/1999 10:11:00 PM
From: Dave Gore  Read Replies (1) of 4767
 
TO ALL POTENTIAL INVESTORS *** There are some posters on the thread that are badmouthing this stock with inaccurate information. They do not represent how those of us who have done our homework feel. We are positive short and long term and think this stock represents a compelling value.

POSITIVES:
** Acquisitions made in last few months either producing revenue or soon will
** Exciting rumored potential acquisition may double size of company
** Looking to hire Price Waterhouse as the new auditing firm. First step in becoming qualified for AMEX
** STRONG BUY recommendation today by an independent newsletter with a Price Target over $4.00 Read it! makes a great case
** Nice employee benefits (they get stock options which makes them incented to help company be successful)

** Board Meeting March 2nd could be very interesting
** Internet site up and add'l planned
** Very experienced management (this company has been around many years and already made their mistakes)

** Sole source supplier for entertainment contracts for the military; profits consistent; now using their expertise in the civilian area where profits and margins are higher.
** High over $1.00, now at 40 cents with fundamentals stronger than ever
** Estimate of .04 per share profits
** Reporting company for over 10 years (voluntarily)
** No more stock dilution will occur

NEGATIVES:
** still need to prove that they can make the civilian divison really fly. WaterPark and one of the Heroes Centers still need to be finished or have the Lasertag added.

** Internet presence needs espansion, not so much for profits but to appease shareholders who think the internet is golden.

** Some disenchanted long term shareholders who expected the moon when the company made acquistions. They bought to early and fail to admit it is their fault for having such high expectation, not anything the company did wrong. Any reasonable person would realize that the civilian acqusitions were a great fit for the company and these things take time to be accretive to earnings. Now they are ready to go (and the WaterPark) will be open for the full season.
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