To: MoneyMade who wrote (1528 ) 2/18/1999 2:28:00 PM From: Marc Stager Read Replies (1) | Respond to of 3584
Guess what..if i punch in MDMI to see news I get:"No stories are available for this topic" -- try here: dljdirect.com -- Sadly, the most recent item is from July, and the previous three - about Kroger's, The Air Force Exchange Sevices, and the new IR (was Jeff Brommer) all fell through. 1.Why isn't management keeping shareholders informed? -- Because Dana Verrill doesn't want to spend the money. One PR person he was considering, who helped turn Spectrum Information Technologies from a garage operation to one worth $100 million, wants $5000 to start. Verrill feels that Massimo's is better off spending that money on efforts to increase sales and expand operations. He doesn't seem to understand that, while MDMI is making a profit, no news is bad news and the price of shares has fallen to below-bankruptcy levels, seriouly hurting a great many stockholders. 2.Why is there a 17 year old kid (i guess) playing CFO when i call for investor info?? -- That's Crawford Shaw Jr. He's 24 but seems younger. Shaw Sr. evidently lost interest in Massimo's and is no longer involved in the day-to-day operations. He left his kid in charge, hardly a place for someone with little or no experience. Maybe he'll learn, but in the meantime MDMI had and lost deals with Kroger's, The Air Force Exchange Sevices, and Hooter's. They have some new business with four locations of the Hoffbrau steak house chain in Texas. If it goes well, MDMI will be selling to the entire chain - 26 stores, I believe. But... If Junior screws up one more time, they should get rid of him and get someone who knows what he's doing. 3.Lastly, who among you will cast the first turd tomorrow now that the market makers have lowered the bid to .01???? -- Not me. I'm seriously constipated at these prices. You want this stock to move get me some news!!! -- I agree 100%. Call Verrill directly at this number and tell him yourself. Other posters do the same. 214-532-8033 ______________________________ Marc Stager