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Microcap & Penny Stocks : ATMS [Tidel Technologies] -- Ignore unavailable to you. Want to Upgrade?

To: Ron Harvey who wrote (267)	10/22/1998 8:52:00 PM
From: RAP	Read Replies (1) \| Respond to of 429

Highly disappointed in the pre-released revenue and earnings for Q4. It is now obvious that a select group of people were aware that Q4 would be very very disappointing. How did this happen. Us ethical shareholders were left holding the bag as people with insider information dumped this stock. This group drove the stock from 3 5/8 after releasing record earnings for Q3 to $1. I held a number of discussions with the company and was told that Q4 was on record pace. I was also give guidance that revenue could hit $13 million this quarter. I was also told that there were no fundamental problems with this company. Just recently it was hinted in a phone call that the end of Q4 was slightly weak. A Q4 revenue of $8.5 million and 0.0 eps was much more than slightly weak. This is a far cry from $13 million in revenue -- I would also argue that there is a fundamental problem with this company -- Significant decrease in sales. Now I understand why the following did not occur: 1. Insider Buying at $1 2. Press release stating that there are no fundamental reasons for the significant decline in share price 3. Lack of buying from the road shows 4. Little interest in buying out ATMS at this price 5. No share repurchase -- Lack of cash due to a very poor quarter Now that the bad new is out, the stock may move up to 1 3/4. It is possible that the next quarter will be strong due to the delay in orders. I have a big big problem with this company in the way that I and others have been mislead. One has to question the quality of management and the ethics of this company. RAP