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Microcap & Penny Stocks : SATI

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To: gary r. albrecht who wrote (16)6/4/1999 8:35:00 PM
From: scang  Read Replies (1) of 43
 
Start of a trend..
We had a GREAT day today with the usual sell off that happens every friday in the penny world with emerging stocks. Heckuva good week though!!! I talked with Mike, the CEO, today and asked if he had an opinion on why the stock was generating so much interest today. He had nothing specific to say but did mention that things were going very well at the company. His quote was "we are drowning in opportunities" and are deciding which venues are best for the companys' future growth. My earlier statements of possible cash flow problems (inherent to many microcap companies) seem to be unfounded. They are getting their report together, but with their major customers (NBA and the NHL) heavy into the playoffs, they are running a bit behind on their financials.
I am extremely pleased with the performance this week and I think all of us can look forward to good days ahead. The stock traded approx 193,000 shares today and there are only 1.5 million in the float! Our company is doing fine with an extremely dedicated and competent team.
Have a great weekend and I'll talk to you all on Monday.
happy hunting.....
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