Phone service investors notified to purchase Nov 19, 2006 Rev for 9 months ending Sept 30th for 2006 equaled $21.7 mil vs $17.3 mil. Net for the 9 months equaled .10 vs .08 bases upon 40 mil shares outstanding.

The balance sheet is pristine- around $1.00 in cash, stated bk around $1.30, no debt and great rev and earnings growth anticipated by management ( see press release date Nov 15, 2006).

According to Chairman: " The cmpy is performing and continues to perform very well, exceeding its projections in all of its operations. He concludes by stating that the cmpy expects to have record operating results for the year ending Dec 31, 2006.

In our opinion, from what management expresses about current growth prospects we anticipate revs in excess of $30 million and net of .15 for the year ending 2006.

In summation, we have a situation that is trading @ less than 4x est. PE for 06- trading at less than 40% of stated bk and 1/2 cash value--PSR est. of .73.

With growth rate in excess of 25% we will assign a PE of 15, which yields a $2.25 share valuation--a DRAMATIC DIFFERENCE FROM THE CURRENT SHARE PRICE OF .55. WE RATE ETLT.OB WITH A SUPER STRONG BUY RECOMMENDATION. A MUST OWN FOR 2007!

RPRN.OB- (.51) -AN ELECTRONICS MANUFACTURING SERVICE CMPY PROVIDING ENGINEERING MANUFACTURING SERVICES AND DISPLAY INTEGRATION SERVICES .

VISIT WEBSITE: WWW.REPTRONMFG.COM



Phone service investors notified to purchase @ .51 on Nov 19, 2006.

The cmpy emerged from chapter 11 a few years ago and looks like rev and earnings traction will take place during 07.

The current picture is still quite murky, but according to management costs are being controlled, margins will increase and new contracts recently penned will start to bear fruit during early 2007.

Rev for 07 will reach $160 million and it is estimated that RPRN.OB will earn At least .10/she for 07.

It is important to realize that currently there are only 5 million shares outstanding-- At present the market- cap is only $2.5 million. The PR EST. for 07 minus the $30 million in debt ( Note: currently management is in discussions with senior debt holds which might yield debt Trevor or debt forgiveness- might become very bullish scenario for shareholders) equals a tiny .02 ( super cheap valuation).

The 9 months ending Sept nth 2006 demonstrates attractive rev growth, but losses remain primarily because of interest expense. We believe that a REV SURGE IS ANTICIPATED AND INCREASED MARGINS AND MAYBE SOME DEBT RELIEF MAY CREATE HUGE UPSIDE POTENTIAL FOR 2007!

SOMEWHAT SPECULATIVE, BUT 300-400% UPSIDE EXISTS BASED UPON EARNINGS SURPRISES. THE STOCK RAN TO OVER $2.00 DURING 06 BECAUSE OF A VERY POSITIVE IQ. TRADING NEAR 52 LOW AT PRESENT AND HAS BEEN A GREAT TAX SELLING CANDIDATE AND NOT MUCH ANTICIPATED FROM THE CAMPY.. WE LIKE THIS SCENARIO!!!

STRONG BUY RECOMMENDATION FOR SPECULATIVE ACCOUNTS @ CURRENT LEVELS!

S.A.Advisory