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Strategies & Market Trends : The picks

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To: Shawn Murphy who wrote (4719)2/11/1997 11:19:00 PM
From: Steven Messina,L.M.T.   of 6124
 
Re: PSTA

Shawn,

I just scanned the latest 10Q report and was quite disheartened to say the least. I realize PSTA is doing everything they can to cut overhead and re-establish profitability. Let's just hope the newbie management team can turn this baby around. I'm only in for 500 shs at $2.75...so you can see why I am questioning you on this one. I was hoping you could slip me the little....."dont worry bout it.....it WILL turn around within 3-6 weeks"......you know...a little, "my source says it's a buy"......something to that effect so I dont have to take valerian root to get to sleep everynight thinking about it.

Regards,

Steve, Steven, Stevie, StevieBoi, Boi, Boi Wonder, jokester.prankster...KNIC hypster.

>>>>> RECENT OPERATING LOSSES; NO ASSURANCE OF PROFITABILITY. The Company's
profitability began to decline in 1994. In the 2nd quarter of 1994, the
Company reported its first operating loss from continuing operations. The
Company has reported additional operating losses from continuing operations
in seven out of the nine quarters since then. The Company's operating loss
for the quarter ended September 29, 1996 was $5,924,928. At September 29,
1996, the Company had an accumulated deficit of $31,257,674. There can be no
assurance that the Company will return to profitability in the short term or
ever. <<<<<

Whoooo Baby.....didnt like that last word....OUCH!!!!!
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