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

To: Mike MacNaughton who wrote (2672)	1/5/1999 9:38:00 PM
From: Pennyslayer	Respond to of 4767

I was able to pick up 10,000 shares at .27 cents about an hour before the close. Been trying to speak to pete but he's been out of the office. Anyone have any idea when the financials will be out.

To: Mike MacNaughton who wrote (2672)	1/6/1999 10:16:00 AM
From: Gator	Read Replies (2) \| Respond to of 4767

Regarding Heros at Arlington, It is my understanding that the mall traffic at their location was below expectations. Their lease agreement allowed them to pull out if traffic or revenue didn't achieve certain levels. I believe they are going to excercise their option to pull out and use the equipment to bolster other locations, like Bronco Bowl and the Waterpark remodel, instead of buying a bunch of new equipment. This move should reduce costs (no longer have Arlington Mall lease payments to worry about) without impacting revenues (gaming equipment can be used elsewhere to generate revenue). Should enable them to leverage revenue into net income better than at Arlington site. Gator