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Microcap & Penny Stocks : ITEC classic turnaround with Internet twist -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (261)	7/10/1999 10:44:00 PM
From: steve armon	Read Replies (3) \| Respond to of 431

Hi, I'm always looking for a winner. I saw ITEC mentioned on a number of threads on SI so I did a quick DD. They are carrying alot of debt and not making too much money at the moment which worries me. Their banker "Imperial Bank" wanted to stop their line of credit last september which really worries me. On the other hand they are penetrating new markets and project significant revenue from them in the next year. They have restructured their operations and should be a more efficient company. Its a tough call....I'm on the fence. To buy or not to buy. Steve