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Technology Stocks : Systemsoft Inc. (SYSF)

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To: Robert Scott who wrote (3500)5/18/1999 8:00:00 PM
From: JK  Read Replies (1) of 3529
 
Yes Bankrupt, or something, but I wonder. I've held my shares, looking to take a loss for tax purposes, and yet the price fell to .9 cents for quite a while... then bounced. It has been as high as .30 but hasn't returned to the extreme lows.
I work in tech, am familiar with their product(s) and though I DON'T KNOW A THING about the exact particulars of the company's current situation (other than the obvious, and that I've held on for several years...)
I do know that IF they still have employees (programmers) and someone in MGMT that want's to give it a shot, this company could re-invent itself.
Admittedly a VERY LONG SHOT. IMO. But possible. Tech folks w/good skills are in Very Short Supply. Is there still some staff? Are folks still going to work? Their web site is up.
Some news would be appreciated....
On the other hand, I didn't get in that deep and if I sell some VTSS and write off SYSF it works for me tax-wise.
Half empty or half full? That's why they call it a MARKET.
- luck to all
- jk
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