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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"

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To: Trey McAtee who wrote (518)2/22/1997 11:51:00 AM
From: Robert Pizzuto   of 1985
 
The recent downward pressure in the stock is exactly what was to be
expected when over 16 million shares were added to the float in
February as my previous post indicated. We need to be patient until
this selling pressure subsides. Except for the delays in 3" drive
shipments, I believe that management has substantially met almost all
of their sales and production targets. They have predicted turning
profitable in 1st quarter if 1998, not that 1st quarter will be
profitable. I am anticipating JTS's March 4 earnings release will
shed some light as to the direction of the company. I still believe
it has a shot at fulfilling its goals.

Robert
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