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Microcap & Penny Stocks : QuesTec.com (QSTI) -- Ignore unavailable to you. Want to Upgrade?


To: Greenie who wrote (819)3/11/1998 7:56:00 PM
From: Philip Tung  Read Replies (2) | Respond to of 2393
 
Don't want to be negative but I just had to express my opinions on this stock as I use to follow it. When I was playing with this stock, I think it was trading around $2.00 CDN.

I have heard the hype about their technology before and of its potential and I have heard all those who says their friends have actually seen it somewhere either at a ball park or on TV and thought it was wonderful.

My problems are the following.

I have heard of many potential contracts before but we don't know the nitty gritty, fox might sign with them but are they using QSTI's technology for the whole game or just one inning. They had a contract to cover the world cup of golf last year but it was only for three holes. How much revenues do they have, how do they genenerate this revenue? Who sells their product? Remember their software goes in silicon graphic work stations so who does the selling and who gets what from the revenues? Can the networks use QSTI's software without silicon graphics hardware and if they can't, will the networks be willing to dish out the money to buy or lease the hardware?

In my opinion, its also important to check if any type of stock options have been granted and if any private placements have been done or are about to be offered and at what price. If you look at the chart, this stock usually spikes once or twice every year but have never really trended higher. I haven't followed the stock much ever since it was listed on OTC so things can change. If somebody have done DD on the company, it would be nice if you could answer my questions so I can tell my friend who is still holding the stock at a much higher price.

This stock is a VANCOUVER penny play so be careful if you decide to ride the spike, there are a lot of people out there holding the stock at much higher levels waiting to minimize their losses. I cut my losses around 3 spikes ago but I am willing to get back in if it can be proven that its for real this time around.

pt