To: David Culver who wrote (273 ) 4/30/1998 2:59:00 PM From: Johnny X Read Replies (1) | Respond to of 453
David, We should see a change on the earnings side with this quarter to a minor extent only, as we've seen only the beginning of shipments to Kmart and Taiwan, and a signed contract with Beverage Associates. The real blast will occur this next quarter when those contracts (and possibly others) begin to bear fruit. You are someone obviously earnings-driven, and I understand that, but again I must point out that there are companies with $20 stock prices which have not turned a profit. Which is to say that the earnings are going up, and spectacularly in fact, but the stock price will likely go up before that. imho. Eventually, the price will be more driven by revenues, but I'm sure it will still be affected by new products in the pipeline and new contracts, etc., which, like now, are an indicator of future revenues. I believe the company has a goal of breaking into the black this next quarter. Also, a note for anyone having trouble buying AQB through their U.S. broker: When Aqua-1 goes on the Nasdaq, hopefully this year, it will be easier for some U.S. investors, and that should also help the price along. I have no problem with my brokers now, but my full-service broker had a problem for about a year, not able to get quotes, telling me "no sales for three days" when it was going through the roof, until my tone of voice turned acid-cold and I began saying things like "why do I pay you three times as much..." etc.. Anyway, they finally got that one together. This is not meant to put my full-service broker down, but to suggest that others might need to make their brokers more accountable, since AQB does have a Nasdaq booking symbol and no one should accept their broker telling them they can't trade it. Or get another broker (preferrably after first giving fair warning to the present broker (and management) that that's the plan.) After all, why should anyone miss out on buying the stock at this price, just because a broker or his company isn't putting in the effort, or doesn't know the job he's doing? About communications from the company, I think maybe we are all guilty of being impatient (myself included), when each step a long the way is necessary. That is, making contacts is followed by negotiating which is followed by contracts and/or test marketing, and so forth. It's a little tedious, but they're getting there. Apparently you e-mailed them and got no response? If so, please give them a call and let them know! Possibly, they're swamped with e-mails; they were the last time I brought the subject up to them.