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Microcap & Penny Stocks : Microtel, benefitting from the Telecom Bill -- Ignore unavailable to you. Want to Upgrade?

To: BlueCheap who wrote (178)	1/30/2000 12:31:00 AM
From: flyintigress	Read Replies (1) \| Respond to of 189

MICROTEL VISIT... I figured since I'm a shareholder who lives about an hour away by car, that I'd pay Microtel a visit. I generally don't get the opportunity to visit companies because they're usually located out of state. I was happy to find out Microtel was located about one hour away. Folks, this is definitely a legitimate company with REAL PRODUCTS and REAL PEOPLE. Microtel's offices and factory building (of nice size) are located in Rancho Cucamonga, California. Mr. Carmine T. Oliva, CEO and President of Microtel and XIT was waiting to greet me and start the presentation and tour. Mr. Oliva was well prepared, giving me a slide video presentation of Microtel and its subsidiaries. He talked about Microtel's formation, the past obstacles (the early years) it's overcome, and the challenges that lie ahead. It's important to note: the Microtel "MCTL" of present was not the same company as "MOL" of 1997. These were two different companies and the previous company had completely different personnel on board. Microtel and its subsidiaries manufacture and sell critical communications equipment, test instruments, aircraft breaking systems, and even billing systems and call waiting. Their profits are broken down to about 60% in telecommunications and 40% everything else. Mr Oliva's presentation and explanation were thorough and I got a clearer idea of Microtel's potential and future direction. There is definitely a corporate structure to this company. Mr. Oliva then gave me an office tour. There are two stories with the first floor holding a conference room and corporate offices. Upstairs is the billing, accounting, and ordering area. I saw filing cabinets with account names like General Electric, Northrop, and more. Everyone this Friday afternoon (casual day) was busy working. The personnel took the time to introduce themselves. I liked seeing the faces who represent this company, our company, the shareholder. Mr Oliva showed me some of the components that make up Microtel's product mix. While the company is focused on their telecom products, I found their components and sub systems equally interesting. Microtel sells into the industrial and aerospace markets to such big names as Lockheed Martin, Rockwell, and Hewlet Packard. Their products are used on many military aircraft and other aerospace apparatus. There were tons of major names that I noticed on their filing cabinets such as Phillips, but I couldn't remember the others...all major names though. (a few I posted above that I could remember). A lot of the companies switches and electronic panel boards have been reduced in size from those of 5 years back. One in particular I was shown, had been made by the other Microtel Company "MOL," (not present company) in about 1993. This electronic machine was the size of a small xerox copier and weighed at least 30 pounds. I was then shown the updated version of the same product made by our MCTL. It weighed about one pound and was a tad longer than a paperback book. This was easy to hold in my hand and didn't require any effort to transport. I was told all their products are portable and easy to transport. Mr Oliva talked about the usages of their panel circuitry, switchers and wireless products in everyday business. These include ATM machines, bank PC's, and the push button credit card charge machines at gas stations which all use Microtel's technology. I was shown some circuit boards of various sizes and shapes that were used in the jets and spacecraft of today. In fact, it was mentioned that American Airlines uses Microtel's products. I then drove to Microtel's subsidiary, XIT to see their office and factory. This is just down the road and close by. I then met Mr Bill Miller, the Vice President and General Manager of XIT and Mr. Randy Foote, Microtel's CFO. This building housed the other offices and their factory. I then went upstairs and was pleasantly surprised...There were glass windows overhead and a 180 degree view. Down below was the factory and it was a good sized operation. It must have been around 18,000 square feet and the people working below were busily scurrying about. I saw one women working on circuitry and noticed different machines to complete the process. It's interesting to note that Microtel downsized their factory from 59,000 square feet to this one, yet this one seemed very large. Microtel molds plastic components on site to go with their circuitry. There were machines to help out with this process. Some kind of a large heating machine, one that takes photos, lots of wires and intricate plastics of different sizes all made in-house. There's so much that goes into their products...And I just thought Microtel was just a wireless electronics company, WRONG! Thank you Mr. Oliva and Microtel for taking time out to show me the company. As a shareholder I appreciate that and for the hospitality given, thank you. Cheers to Microtel's future! Regards, tigress ps-This is in no way a buy or sell recommendation on Microtel. I just visited the company and as a shareholder wanted to report my experience.