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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?

To: Kelly Igou who wrote (4726)	9/17/1999 1:35:00 PM
From: Toby Zidle	Read Replies (1) \| Respond to of 4767

Kelly, my views on ETPI are truly 'mixed'. I am long..long a big bunch, in fact. But since the stock never did hit the rosy $2 - $3 projected at the time and since its 'cash' value is so small a part of my portfolio, I've relegated it to the long-term storage closet. There's no point in selling, and there's lot of potential gain in holding, even if that takes a couple of years more. So I'm long and staying long. But I'm NOT disinterested in ETPI. My first posting here was #24 - check it out. So I've been here a long time, I'm persistent, and I'm staying. I've seen lots of ups and, unfortunately, just as many downs. I'm increasingly negative? Probably not increasingly. I don't think I'm so much negative as I am disappointed. The potential of ETPI has always been fantastic, particularly if you look at a percentage gain viewpoint. From 25 cents, what percentage appreciation is $5? I can't even look at my DELL to do that. But the execution of management is consistently substandard. Maybe 'disappointing' is a better word. The expectations that management sets up are always far higher than the realities that follow. Shall I enumerate them for you? Financing deals. Listing on AMEX or NASD National. Hero's Arlington. Bronco Bowl. Quick turnarounds on profitability. Restaurants as cash cows. Internet e-commerce. Not all of these are necessarily failures. But somehow the light fades and Butcher's people fail to keep us informed. But, yes, the military entertainment division is making tens of thousands of dollars on their contracts. Does this merit a projection of $1/share for ETPI stock? The Performance Lighting online catalog was in the highlights here for two or three months. Do YOU know if they're making money? My bitch at ETPI is almost always about uninformative (and often, technically wrong -- but not dishonest) financial reports and inept shareholder communications. And most of all, I am anti-hype. Two of my posts last night dealt with just those issues again. <<If you don't like the situation, fine, but accept it for what it is and move on if you have to ...>> No, I obviously don't like the situation. But accept it? None of my virtues has ever been 'complacency'. Move on? Not even a consideration. <<ETPI, whether we like it or not, is still a penny/story stock.>> True, but our objective is for it NOT to stay a penny stock. That demands professionalism in its financial reports and in its press releases. That last release about that 'independent investor' and his high stock projections -- face it, ETPI hasn't a clue about his true identity or motivations -- sounds like a cheap company resorting to a desparate scam tactic. If there's anything that will dull a company's prospects, it's the appearance to investors of a scam. To be upset that I say so is just an example of "shooting the messenger". ETPI shouldn't be glorifying the hypings of a so-called 'independent investor'. Instead, it should be concerned about what its 'real investors' want - a higher degree of professionalism. Accept this situation for what it is? I think my standards are higher than that. I thought yours were too.