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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: tcarnes who wrote (3764)	11/18/1998 2:50:00 AM
From: Bill Wexler	Read Replies (1) \| Respond to of 4634

ALTIF - they have some cash, a hole in the ground (you can argue about how much its worth), and some useless "technology". I guess that counts as assets.

To: tcarnes who wrote (3764)	11/18/1998 9:39:00 AM
From: Bob Trocchi	Read Replies (1) \| Respond to of 4634

tcarnes... >>why don't they delist altif they never made any money and never will << The following is an interesting comment from the most recent 10Q from ALTIF >>The Company has earned no operating revenues to date. Basic net losses totaled $1,534,714 ($.10 per share) during the first nine months of 1998 and $1,339,148 ($.09 per share) during the same period of 1997. For the three months ended September 30, 1998 and 1997, net losses were $612,273 ($.04 per share) and $435,924 ($.03 per share), respectively. Principal factors contributing to the losses during these periods were the absence of revenue together with the incurrence of operating expenses. << sec.yahoo.com Don't you love the brutally honest last sentence!!! I am short ALTIF Bob T.