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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?


To: E Richter who wrote (4121)2/25/1998 2:22:00 AM
From: BlackStar  Respond to of 12043
 
what do you think we can realistically expect from even an announcement of new contract (assuming it is in the same ballpark as the old ones, < 1/2 mil). I can hardly imagine better news release than the last one, and it did not get us anywhere.

That piece of news came out when long term confidence in Eutro was very low, maybe at its lowest. It is simple psychology that any kind of positive sign from the company now will be a significant boost to morale.

Just relax. I bet Eutro is on many peoples short list to watch for breakouts. Just let time do its magic and we will see higher share prices. As I have said, if Eutro cannot get rid of the 50 mil and keeps on closing deals we may see a dime or two at year end. Prepare for that. But hope for the best (50 mil resolved that is).

Those of you 'stuck' with Eutro, I think, will be best off to keep sticking. As many have said, downside is not significant, upside is so so to excellent.

In the longer perspective I am fairly confident that Eutro will do things to support the stock price. As soon as cash flow becomes positive and there is money in the treasury we will IMO see more share retirements. Even in the worst case it will slowly get better. And, yes, I am talking year perspectives here...