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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market
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To: ithasnospaces who wrote (4064)3/27/1999 2:58:00 AM
From: Safe Cents  Read Replies (2) of 4767
 
Try not to get hysterical, ETPI will not go under. ETPI is a 20 year old fully reporting company. I have spoken with Doug Butcher many times and he has never lied to me and he has never told me it would be a $1 to $3 stock by the end of the year. They only lost .02 a share last year, a year in which the company had to fund tremendous growth. They will probably see a small profit this year, my DD put's it around .05 a share. That does not include their internet sales and any new acquisitions. The entertainment field trades at a 20 - 40:1 P/E multiple. At 40:1 that would be a $2.00 stock. Again who knows what the ecommerce site and the acquisitions will do for us.

I have had fun trading this stock on it's peaks and valleys. The process works like this, buy under .30 and sell over .75. This will work until they post some positive earnings. My guess is 2nd or 3rd quarter. Do you think getting all negative on your investment will help the price at all? This military crisis will probably bring in some extra revenues as well.
Volume looked good today.
PS: Did anyone notice that the yahoo site about Merill Lynch had the Meril Lynch name misspelled. Just somebody's exuberance getting the best of their better judgement. Just a goof I'm sure. Damn, no spell check here!

Late
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