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

To: Toby Zidle who wrote (4110)	4/13/1999 8:20:00 AM
From: Kelly Igou	Read Replies (1) \| Respond to of 4767

Earnings predictability and realistic shareholder expectations are the keys. Butcher's doing just fine as CEO/COO, IMHO. It's our lack of a decent financial model for this set of enterprises coupled with excessive hype from the penny manipulators that has created this situation. What we need is solid guidance from ETPI regarding how their financial model works, then we could create models of our own, and make some reasonable decisions/predictions. Based on the lack of guidance to this point, I don't think anyone has any reliable idea what earnings will be in the third quarter, post-focus/finish. Perhaps ETPI does, but apparently they're willing to string us along until then without any real guidance. New PR people could fix this by getting realistic expectations set among us. If we don't like what we hear, we can bail. But we need to start hearing truth, not hype. Further hype brings in more day traders, creates more volatility, and drives away serious investors, people who buy and hold. People who buy and sell in $100K chunks. Predictable earnings performance, eliminating hype, and buying and holding are the only things that will drive the price of the stock upward. ETPI should also forget about new acquisitions, unless they are immediately accretive to earnings and can operate on their own, independently. ETPI does not need any more black holes to throw money into, or to divert management focus. They need to make their existing businesses work, and generate earnings. Without these factors, ETPI will remain a "broken" stock.