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To: dennis foster who wrote (3236)2/14/1998 2:49:00 PM
From: Jonathan Lebed  Respond to of 27968
 
My guess is...a little bit of both. Unless it includes the audited financials..I doubt we will go above $0.50.

JLebed



To: dennis foster who wrote (3236)2/14/1998 3:34:00 PM
From: John Fairbanks  Respond to of 27968
 
Dennis... just my read on things from what I was told but I got the
feeling that the release would contain financials. I don't know if
they will be audited or not. It came as a result of my ranting that
if they didn't have audited financials to give us they at the very
least should give us some unaudited so that we could analyze them and
see how numbers are being calculated and look at things like expenses
and debt ratios etc, etc. At the point I was told there was something
planned for friday that would answer my questions. Since Ira told
somebody here in the email they posted that they would see how things
were calculated if they just waited for Friday's release, I think that
is another strong indication that this release will be financials.

I also got the feeling that there is something else that will either
be announced in this release or else very soon.

Again, just deduction on my part. Maybe it's because I pretty much
invest only in penny stocks, but I feel better about this stock than
any other in my portfolio. As someone who has actually visited one
of the locations, I know this is a real business and I expect them
to make some serious money. I have Monday off so I am going to try
and set up a time to drop by the Houston office then...

-John