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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 (4116)	4/15/1999 9:01:00 AM
From: Kelly Igou	Read Replies (1) \| Respond to of 4767

The reason the stock sits where it does is that there are no compelling reasons for anyone to buy the stock at this point. Regardless of hype, and pie in the sky hope, the sad facts remain: 1. ETPI, as a whole, does not make money. They struggle to survive. They generate a little bit of earnings on the military side of things, but break even or lose money on everything else, it seems. 2. ETPI has never consistently made money, especially in competitive settings. They will continue to survive and grow the military entertainment business. That business is not what drives the stock. 3. Penny-stock day traders and hypesters have manipulated the stock, essentially breaking it. Sometimes broken stocks never recover. The only way to recover at this point is to let the stock sit for 6 months at .25, and let everyone forget about it. Get the bandits focused elsewhere. 4. The company's press releases - who cares? A little contract here, a little contract there; the parting of ways with Pete Cahill (who apparently Press-Released himself right out the door LOL), may be a positive step. Let's hope they realize that there's more to investor relations than press releases. Let's have some FINANCIAL GUIDANCE. 5. The company has failed, thus far, to establish any sort of meaningful dialog with its investors, which was an expectation established during the last conference call. 6. The company growth strategy remains murky and unfocused at best. I can imagine Doug Butcher driving around town, seeing a lot of cars in a parking lot, and saying "Gee, they look like they're doing good business. Maybe we should buy them, I wonder what they do...". I know that's not the case, but it seems like it at times. 7. The company's performance in providing accurate, clear financial statements is amateurish. Can anyone out there refute any of this? I would be most happy if you could.