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Microcap & Penny Stocks : SIIS (Struthers Industries)

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To: Jack Louie who wrote ()4/11/1997 6:19:00 PM
From: R. Michael Boyter   of 709
 
Silence is Golden,

I have been an investor in Sir, Stig and Siis for over a year.
Everyone who was here in last june's run, has seen the good and the
lowest of times. I for one am as impatient and anxious as anyone of
us. However if as I said before you are still in after the last few
months, while, YOU ARE IN. If you want a good tax loss sell it, nobody
is handcuffing anyone to this investment. I for one am on my way down
to my broker to pay for the shares I just bought. compared to my
initial investment, it's a small amount, but it has a powerfull
balancing effect when the stock recovers, Which I am confident it will
I also have been associated with a major Wall St. investment firm,
and I have seen all kinds of good and bad times in the market. The
basic principle of most people bieng sheep and following the herd is
something that seems to be in effect constantly. No one likes to go
against the flow. For some reason we take comfort in numbers,
going thru bad times together doesn't seem to help anything or make
the pain of a loss easier. I want to remind everyone, You only have
a loss when you sell. There are old sayings, One in particular that
I like is "The Darkest Hour Is Just Before The Dawn." Made famous by
David Crosby, Steven Stils and Gramn Nash. Look i'm not trying to
be funny here. This is a serious situation, most of us are strung
out, some, more than they should be, but it's not over yet. Don't
forget what the basic reasons that you got involved in the first
place. This company still has all the potential, and future it had a
year ago, and with the addition of our new officers, and the direction
they are heading, we will have some very bright and rewarding times
to come in the near future. The market has been on a rollercoaster ride
on it's own lately, our people and our basic principles are sound, and
good things often take more time then we would like. Don't any of you remember]
last year when there was more news that there should have been. I for
one am glad the our management knows when to keep their mouth shut,
until the SEC gives us the green light to proceed with our program.

Bottom line,
1.There is nothing any single investor can do to change the current
situation.

2. The company knows very well our concern, and are doing everything
in their power to successfully implement our business plan.

3. Try to have a positive outlook and a good attitude, atleast this
will make the rest of your life a bit more pleasent.

4. I would expect some news from management, sometime soon,
so try to cool your jets and relax.

5. Once the review process is completed, I fully expect to see a
strong and fast recovery of our investments. I feel the stock
will run and rise faster than it did last year, once the details
of our business plan are released.
6. Those of you who, still have faith, this is the time to Average
on your investment, If you can afford to, if not, hang in there, it's
better than the other options that are available.
Wishing you all a good weekend, Michael Boyter
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