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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"
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To: Dilbag Singh who wrote (585)3/9/1997 6:46:00 PM
From: Ridgeway   of 1985
 
Hello JTS fans -
I've been monitoring this site for quite some time now, and I've finally decided to contribute.

I spoke with the company for some 2 hours last week regarding the IR fiasco otherwise known as the earnings release. FYI, the PR newswire release was never picked up on the Dow Newswire. This could have a lot to do with the negative reaction in the market.
To sum the conversation up, the IR department is underdeveloped. Fortunately the company recognizes this and they appear to be addressing the issue. Part of this plan includes the development of a regular schedule of communications from Tom Mitchell with the investment community.
Other topics of conversation:
What the 6800 employees actually DO in India
Supplier relationships and patent protection.
Investment banking and research relationships
Customer relationships
Distribution channels & the current 1.0G drive being sold through PC's Compleat (Comp USA). ($179, Swappable external)
I will be maintaining regular contact with the company going forward.
I am a fan of this stock, but I do have concerns about future dillution and sources (strategies) of future financing. However, I do see the potential for some postitive announcements over the next few quarters as OEM relationships continue to develop publicly.
- Ridgeway
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