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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: GARY P GROBBEL who wrote (20747)5/19/2004 1:49:43 PM
From: rrufff  Read Replies (1) of 120415
 
SEHO - .26 - another one way down from .74. So many people jump on when the crowd gets in. Taking the shot at bottoms is the way to go IMO.

This is another of your picks.

They delayed the filing and there is $750,000 due in August, which is why IMO, the stock has tanked. The PR's have been good, but every PR in the defense area is good in today's world <gggg>.

I called the company and spent some significant time. I do this a lot and rarely am as impressed with my conversation. The money issues appear to be in the process of being solved.

I'm adding to my position here when things look the worst. I'm a contrarian but I don't like throwing my money away.

18 million shares, top officers getting less money than prior jobs, clean capital structure other than the debt is what I particularly like. Take a look at their product line. Again, for me I prefer to look at the stuff I understand and that is what goes below the line on all equations, and that is capital structure.
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