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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Warlock who wrote (8065)	9/24/1998 9:32:00 AM
From: Gator	Read Replies (1) \| Respond to of 25711

ETPI about to start moving again. Selling at 1/2 book. ETPI is a fully reporting, profitable OTC company. Book value as of last 10Q was $0.27, currently selling at $0.14-$0.16. Very oversold. ETPI is made up of several divisions, the most significant being a military entertainment management division (where they have an exclusive non-appropriation contract), and a new civilian entertainment division (restaurants, gaming centers). Company has been very quiet lately as they changed PR people and sought financing for additional growth. MM's have taken advantage of that and driven the price down. New PR guy is very solid and has excellent contacts. Already, three of the unfriendly MM's have been taken out of the stock (stock is now in friendly hands). News releases due today and next week include announcement of a $600K line of credit, $750K in government contracts ($250K is new business), streamlined operations which will cut HQ payroll by 30%, restructured lease at entertainment center in Arlington Mall which will increase profitability, and performance update of restaurants/centers (restaurant sales up 20% over last month, their 2 Mexican restaurants and 1 seafood grill did a combined $25,000 last Saturday). Arlington Mall Hero's game center sales are up from $1000-$1200 per day to $2500-$3000 (improved marketing, radio station gave them some free publicity and a remote). We won't be seeing these low prices for much longer. New PR is committed to getting stock over a buck and has his sites set on $5. ETPI meets all Nasdaq and Amex listing requirements except for stock price. Give PR a call: Larry Tiller at (281) 486-6061 Gator