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Microcap & Penny Stocks : USTI UNITED SYSTEMS TECH INC -- Ignore unavailable to you. Want to Upgrade?


To: Pied Piper who wrote (983)6/19/2000 8:21:00 PM
From: Walter Morton  Respond to of 1001
 
Pied,

If you noticed a few posts back I stated that I thought USTI was a good pick. However, when I made that statement I did not have a copy of USTI's annual report. Had I had USTI's annual report I would have made the statements I made today back then and waited for the stock price to fall to $.10 instead of buying it when I did.

My posts are merely here to make sure other people make a more informed decision like I wish someone had done for me.

So, add that reason to your list of the only possible reasons a person would post three factual statements on a discussion board about a stock.

Since USTI is still a cheap penny stock, I am not worried about my investment. If the price falls more, I may buy more. If the stock goes up I also do well.

However, at this time USTI would have to drop substantially for me to buy any more stock. I don't believe my factual posts will have any affect on the stock price.

I believe, USTI needs to prove to the market that it can actually increase sales again without the Y2K factor that skewed the comparison of prior year sales while also continuing to reduce TOTAL debt.