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Microcap & Penny Stocks : QTNT -- Ignore unavailable to you. Want to Upgrade?


To: Swingdr1 who wrote (697)3/4/1999 12:08:00 AM
From: steveK.  Read Replies (2) | Respond to of 789
 
Swingdr1-read back to previous posts by J.Segal(IR) here and on RB.He reports prices for both two man and four man tents.Also ,economy model-two/man(around 100.00 retail)and loaded two/man(around 189.00).I forget four/man prices,but you also need to look for yourself at J.Seigal's posts on both thread's and really read their Press Releases.Your asking questions that could be answered with a little DD(research) on your part.Sorry for the lecture ,but hey man bail if your not comfortable.For example,how did you know "they already have orders for 50,000 tents".Where did they say they already had that?Take the time to call J.Seigal.He is very receptive to appropriate questions."How about developing a business plan"?Wasn't quite a bit of that question answered in the press release today re:their goals?Oh,and Seigal's # is around as well-go take a look.

Happy Returns-

stevek.



To: Swingdr1 who wrote (697)3/4/1999 12:38:00 AM
From: Dave Gore  Read Replies (2) | Respond to of 789
 
Dave Taylor is the biggest weakness by far of this company. I love the product but the Taylor clan is just not the right people for the job. The company would have so much potential if they would step down and let someone else run the company. It needs that to happen very badly.

Many of you know that I count on quality management as the # 1 most important factor in choosing a BB stock. You have too because a BB company faces uphill battles.

The history behind this company could fill a novel. I would put zero faith in the company to meet deadlines and projections, based on what happened last year and based on what Dave Taylor has to say.

All investors (well over 50 quality investors from SI) got burned bad, very bad, largely because of the MM's and Dave Taylor's awful decisions and misleading info or outright wrong information last year.
There was WalMart and dozens of supposed PO's on his desk, lies about financing not involving convertibles debentures when it did, unbusinesslike attitudes with possible groups willing to help the company, misrepresented sales projections, inacurrate Press Releases that were approved by the company, misrepresented deliveries, inaccurate float numbers and the company acting as their own transfer agent for a while (which is a big no-no), even misrepresentation about being profitable last year, and on and on.

Geese folks, just look at the PR last year (in April I beleive) which said they sold more than $3 million in tents in the first quarter, when they actually did not sell and deliver even 20% of that the whole year last year!

I rarely ever say anything negative about a company but there is both promise and danger here.

If I am wrong and there has been a magical tranformation in Dave Taylor and Quicktent, I will gladly apologize.

Just be careful out there.

I and many others would buy back in a second if Taylor would hire the right man for the job.

Several of you will be angry at those of us who tell the truth, but it is essential part of your DD. You have to know the weaknesses as well as the strengths. The product is the strength.

Does that balance off the weak management? At below 50 cents with some patience perhaps. You decide, but hopefully with eyes wide open. Question everything he says and put pressure on him to perform.

Good luck