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To: Buzz Mills who wrote (35)	11/20/1997 8:38:00 AM
From: franco nuvoloni	Respond to of 189

Buzz, I think that the fourth quarter already should be at least break even. If the stock market is a discounting mechanism then the stock price should react in advance. The problem of MCTL is that they are not researched at all, they can put out any news and nobody even looks at it and they have the old chairman's off shore company, ELK Intern., continuously hammering the stock. He should have another 400k shares, the remainder are warrants with strike prices above 2 buck, so he won't sell them down here. The fundamentals get better every quarter but stock price falls further, what a frustrating situation. Well, that's how life sometimes can be. Regards, Frank

To: Buzz Mills who wrote (35)	12/5/1997 4:56:00 PM
From: franco nuvoloni	Read Replies (1) \| Respond to of 189

Buzz, Just talked to the company yesterday and asked if the sale of the loss making division was on track. The answer is it will definitely be out of their books next year. No losses going forward and the fourth quarter 97 should at least be break even. This has been a remarkable turnaround quarter by quarter, 98 will begin with profits and end that way. This stock price in no way reflects the fundamentals of the company. Think of it, while tremendously improving profitability the stock price has nearly halfed in price. This shows how inefficient this market is when companies do not have any following. I can't help it, it's a screaming buy. All we got to do, is to get ELK Int. dried out, he's the only supply right now. Eventually the market will have taken care of him, just a matter of time. Regards, Frank