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To: Lalit Jain who wrote (1)10/10/1997 6:13:00 PM
From: Lalit Jain  Respond to of 289
 
Got my investors package today.

Instep has been profitable for the last 3 quarters. During the ist qtr (ended Jul 31/97), net income was $30K as opposed to a loss of $66K last yr, same qtr.

They have about 11.5M full. diluted common shares. What is ammusing is that this company has a total authorized share capital of 3 TRILLION common shares. This must be some kind of joke. I have never heard of a trillion shares of authorized capital. The stock is doing OK though. Closed today at 74 cents on a volume of 49K shares.

Lalit Jain



To: Lalit Jain who wrote (1)1/20/1998 2:47:00 AM
From: Ontopequity  Read Replies (1) | Respond to of 289
 
Lalit Jain; I forgot to mention , if you want to read a good write up on Unitec go, to the thread search for; High Growth Stocks for 1998 and read # 374 Unitec posting. Then go to Unitec forum thread and ask any questions there that you may have. Thanks.
DBT


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