SSII - Info? Message Board

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Technology Stocks : SSII - Info?

SSII 7.250

-3.2%

Nov 5 3:54 PM EST

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To: Jolie Renee who wrote (6)	4/7/1997 8:33:00 PM
From: Jolie Renee	of 134

Guess I'm talking to myself on this thread. But talk, I will. The share price dropped for the first time under $1 - momentarily went to 15/16. This could be a problem. If it drops under $1, the stock can be de-listed. SSII's next earnings report is not due out until 5/7. It is for 3Q '97. So, the company's under-writer (Boston Group) had financial difficulties, and SSII stock plunged, never recovering. Even though nothing had changed with the company, the stock continues to plunge. The company is looking for a new market maker, but is having a difficult time finding one due to 11 million outstanding warrants. The CEO owns about 26% of the company's shares.

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