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Microcap & Penny Stocks : Emerson Radio Corp (MSN) -- Ignore unavailable to you. Want to Upgrade?


To: Craig S. Owens who wrote (2282)2/4/1999 11:55:00 AM
From: Tony Rome  Read Replies (1) | Respond to of 3501
 
TIGRESS AND CRAIG----Thank you both for the
kind words,and as MR C would say,--just one more thing
On the positive side,the EQUITY that Emerson has
in Sport Supply is a major plus,since it is currently worth
in the 20 million dollar range.That in itself is enough to keep
the interest in Emerson alive.The only problem there is that
they have to be careful Oaktree doesn't try to overpower them
with all their cash resources.
Last time I spoke to company,the lower end products were
selling well,and all the stores that I visited were doing quite well
with sales of the CD combination player. Maybe the new one
they are coming out with will do better.
Time will tell so for now we have to exercise patience, and
the tree should eventually bear fruit.
============TONY==============