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Microcap & Penny Stocks : EVDS Environmental Digital Services, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Harvey who wrote (288)	10/30/1998 5:23:00 PM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 718

Now you are asking some good questions. The accumulated deficit is significant and will not be overcome by the construction and remediation contracts alone. The accumulated NOL is $1.7 million. It is this tax loss that will allow the sale of as little as 3,000 CAPSCAN's in 1998 to result in a 6 cent profit. >Also, what about the shares in the hands of promoters? Without retail support, how are those going to be absorbed?< If the recent action is any evidence then I would have to say poorly. The stock and the company are going to have to be separated for the purpose of my evaluation. I like the company a lot. I am very impressed with the potential of the CAPSCAN but as long as the stock is setting new lows like it did today there is no way to believe the so called promoters are doing anything but dumping their cheap shares. Surely that will end at some point in time. When? Well it didn't happen today. Regards, Jeff