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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (2609)	12/22/1998 1:16:00 PM
From: DR. MEADE	Respond to of 4767

I like GNEN now alot !

To: Gator who wrote (2609)	12/22/1998 2:56:00 PM
From: Toby Zidle	Read Replies (1) \| Respond to of 4767

Gator, I don't know how you always maintain your enthusiasm for ETPI! It doesn't look like 'neutral' is even a part of your vocabulary. :-) I'd like to be as positive as you and think that as long as we don't crash to new lows, we are 'bullish'. What I see when I look at a one-year chart is that three times we have tried to pierce through 50¢. Three times we have failed. The heaviest volume is the past 6 months was just a few sessions back where ETPI dropped to the 1/8-th area. None of this is a technical plus for the stock. Every time we get a decent gain, we fall back. 'Profit-taking' for some? That must come into the equation, for not everyone has your patience. And what is the big draw for new investors? Profit growth is being pushed back quarter-to-quarter. PSL has a website for e-commerce, but unlike for books, CDs, and computer stuff, the millions of people who are starting to shop online are not going to be mass buyers of amplifiers for $300. We are pinning our hopes for stock price growth on a new PR team (as we have for other new PR teams), instead of solid financial reports by the company. There have been eight separate SEC filings for planned insider sales in 1998; yet not a single insider buy this year. We keep talking about how cheap the stock is now (considering future growth potential). Does not even one member of management agree with us? Anyway, Gator, I'm in for the long-term but, given the abysmal stock performance, I find it hard to concur that anything "above $0.25 would still be bullish." Assuming that the future solvency of ETPI is not in doubt, there can't be much risk in ANY 30¢ stock. Still, this is bound to take a very long time to mature as a company. Consequently, it's hard to understand the almost minute-to-minute focus on price movements by people who have to be long-term holders, not day traders. Come on, folks, ETPI's stock performance does not rate 'bullish' optimism. 'Long-term' and 'neutral' are more appropriate to reality. We need to see documented financial results, not hyped PR releases, before we should expect solid stock price growth out of ETPI. Face it, we have to be in for the long-term because this company needs a long term to develop its business plan.