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Microcap & Penny Stocks : Autotote Corp (TTE) --- Computerized wagering equipment -- Ignore unavailable to you. Want to Upgrade?

To: Dawgfool who wrote (105)	7/13/1999 10:49:00 PM
From: Dawgfool	Respond to of 124

Well Dawgfool, looks like we had a good move today- up over 10% on 4x normal volume. Appears to be some institutional buying. TTE continues the recent trend of nice moves up on heavy volume and then backslides on light volume. Assuming no major bad news in the next couple months and then a good earnings release in August and institutional buying will probably become much heavier. This thing really looks intriguing. I would like to buy more but at 30% of my total portfolio, I think I have been as stupid as I can be. It sure is unfortunate that I have to discuss such a great "potential" investment with myself. Oh well, the board will no doubt get more active after the stock has doubled again which is what it has done since the time I bought. Good luck Dawg

To: Dawgfool who wrote (105)	7/18/1999 11:12:00 PM
From: HERDMORE	Read Replies (1) \| Respond to of 124

DAWGFOOL- I LOOK AT ALL OF THE NEWS COMING OUT OF AUTOTOTE DURING THE PAST 12 MONTHS AND I CAN FIND FEW IF ANY NEGATIVES. IN FACT, THE GROWTH THEY SEEM TO BE EXPERIENCING IS CLOSE TO AMAZING. THEY HAVE A SIGNIFICANT AMOUNT OF NEW BUSINESS IN HAND, AND SUBSTANTIAL UPSIDE ON PENDING CONTRACTS. THEY GOT INTO THE BLACK LAST QUARTER AND I EXPECT THE EARNINGS MOMENTUM TO ACCELERATE EVERY QUARTER. THEIR CASH FLOW HAS BEEN IMPROVING FOR MANY QUARTERS AND NOW THE INCOME STATEMENT IS FOLLOWING SUIT. I LOOK FOR THIS STOCK TO CLOSE THIS YEAR AT $5 PER SHARE, AND I EXPECT IT TO HIT $10 BY THE SUMMER OF 2000. I WOULD BE VERY INTERESTED IN YOUR FORECAST ON THIS STOCK'S PRICE FOR THE NEXT 18 MONTHS. LOOK FORWARD TO YOUR THOUGHTS.