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Microcap & Penny Stocks : Clearworks Technologies (CLWK) -- Ignore unavailable to you. Want to Upgrade?

To: Marshall who wrote (244)	3/26/1999 1:40:00 AM
From: Victor Tenorio	Read Replies (1) \| Respond to of 448

I called in December, directly to CLWK, not the IR number,but local number.Four months later,last week I got a call from local broker. Blahhh,blahhh,blah. Usual pitch.I asked for information and it came last week.Blew my mind. Not bad for a penny stock. It has DRAFT stamped on it. Dec 31 1998 rev 968k,cost of goods sold 606k,SGA expenses 439k,loss 76k,shares 11.06m. Balance sheet looks OK also. Total assets 761k,liabilities 252k. The only problem is 177k goodwill. Looks like they are very careful with cash and running on 37% margin. Few months ago I remember reading about their office and thinking It was small. Looks like they do not spend it before they earn it. Vic in Houston .