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Microcap & Penny Stocks : QDRX -- Ignore unavailable to you. Want to Upgrade?


To: timmy e. who wrote (3080)11/11/1997 11:15:00 AM
From: Brent  Read Replies (2) | Respond to of 3977
 
1. The $600,000 annualized is only the aftermarket sales. The way I read the release, it is seperate from the Golfsmith and Austad sales. So, Golf shaft sales are higher than that annualized.

2. Quadrax would never make it selling only shafts for woods. Having the shafts for irons is the key. In my bag as well as my other golf buddies, we have five iron shafts for every wood shaft we have. (personally it is 11 to 1 for me) And that is what TM has been waiting for.

3. The Spinergy contract is quantifiable to a degree. We know that it is a $2 million contract, profit wise we don't know.

4. One NHL player is a start. Timmy, how many players can they sign up once they don't have to tape over the name. Hiring Brad Park sounds like one of the best moves QDRX management ever made. The guy has sold every hockey stick the company could make in 1997. (yes, we don't know how many that is)

5. They have a $2.5 million backlog. Did they even sell $2.5 million in 1996? That has got to be a positive sign.

timmie, QDRX is doing so much better than when I invested the first time back in the spring of 95 it is unbeleivable. Back then it was pure hype and no revenue. Now, there are revenues (albeit small revenue) and things are starting to come together PLUS they own a profitable cordset company.

The dilution has been bad, but it has kept the company in business. I would rather own a small percentage of a company in business than a larger percentage of worthless paper.

I remember the hype behind the $250,000 contract with Spinergy, now it was increased by $2 million and no one blinks. Things are far from perfect, but they have made drastic improvements.

Quadrax never was a safe investment and still isn't today, but it is less hype today than in the past.

Brent