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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct -- Ignore unavailable to you. Want to Upgrade?

To: TLWatson59 who wrote (2544)	7/20/1999 11:07:00 PM
From: Ferick	Read Replies (3) \| Respond to of 2595

Does anyone remember this individual? July 20, 1999 05:16 Grespinet Investments Inc. Announces Investment Opinion LOS ANGELES--(BUSINESS WIRE)--July 20, 1999--Grespinet Investments Inc. (http://home.att.net/~grespi), a privately held investment company that specializes in investing in emerging microcap companies with substantial market share (in the open market or privately) and trading and investing in Nasdaq stocks under $30 chosen from carefully selected technical indicators, is issuing a report on Film Roman Inc. (Nasdaq:ROMN). Film Roman, which develops, produces and distributes a wide range of television programming for television and cable networks, both domestically and internationally, is behind megahit shows like "The Simpsons," "King of the Hill,"The Downtowners," "The Family Guy" and the "Mr. Potato Head Show." Under the new and energetic leadership of CEO/President David Pritchard, the company has already seen its revenue rise 32 percent to $12.3 million with losses falling almost 30 percent to $534,000 for the first three months ending 3/99. This new well-focussed and energetic management team led by Pritchard is currently developing a wide range of projects: 1. Primetime animation: "Doomsday," "Til The Fat Lady Sings," "The Cabbisons" and "Dumont's Doublewide." 2. Live action: "Chain Letter," "Mission Extreme" and "Sirens." 3. Feature films: "The Fabulous Furry Freak Brothers," My First Mister" and "Asphalt." This slate of featured projects is only the first round of Film Roman's aggressive growth strategy. Fundamentally, Grespinet Investments believes that Pritchard's ambition is to substantially increase Film Roman's presence in the entertainment industry and eventually turn it into a powerhouse, possibly rivalling such industry majors such as The Walt Disney Co. (NYSE:DIS), Time Warner Inc. (NYSE:TWX), Viacom Inc. (NYSE:VIA) and Seagrams Ltd. (NYSE:VO). Film Roman has only 8.52 million shares issued and outstanding and 3.2 million in the float (only 1.5 million of which Grespinet Investments believes to be active). The company's book value is $1.36 per share, which includes $1.11 in cash (or cash equivalents), therefore trading only marginally above two times its book value, and reports no debt. Grespinet Investments believes investors and stockholders in Film Roman can expect to see substantial return on their investments and foresees a target price of $8 within eight months. Grespinet Investments Inc. does not promote, hype, tout or recommend stock to anyone. It uses its own money and answers only to itself for its successes and failures. Grespinet Investments does not care if anybody buys any stocks it likes or not. It only expresses its opinions to those who care to listen. This news release may contain forward-looking statements. No explicit promises are intended herein. Any investments in these designated securities should be considered highly speculative. The company recommends that any prospective investors consult with an investment advisor, broker or attorney prior to investing in any of these stocks. This news release is not intended as a general solicitation or offer to sell securities. CONTACT: Grespinet Investments Inc., Los Angeles Claude Grespinet, 310/472-1439