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


To: callme who wrote (4411)6/4/1999 2:59:00 PM
From: Gator  Read Replies (1) | Respond to of 4767
 
It's tough for everyone. The thing to keep in mind though is that historically every time the stock has dipped down to the mid-teens, it has always bounced back up again, often very quickly (probably too quickly, sometimes). When it gets down at these prices, I'm looking at a fully reporting stock selling below book value with projected positive earnings for the year. We're down -$0.02 in earnings so far thru 6 months, so the remaining 6 months (which seasonality-wise should be the strongest) should bring in more than $0.02 in earnings.
Every division should be getting stronger, just a matter of time before the stock price follows suit. I'm sure we still have some restricted shares that are now unrestricted that we have to work thru (from all the acquisitions last year), but once those are out of the way there should be much less resistance on the stock.

Gator

Disclaimer: I have received 10,000 shares of restricted stock from the company for providing various consulting services to the company.