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Microcap & Penny Stocks : SIIS (Struthers Industries)
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To: gpphantom who wrote (402)6/20/1997 10:26:00 PM
From: Larry Schnitt   of 709
 
I'm not saying a word cuz anything I say is sheer speculation just as I said in my other messages. I surely don't want to JINX what's going on! The only thought I have to share is that I bought the stock because I believed that the IVDS technology had potential, not only for the reading of electric meters, but also for possible Internet application. I remember I mentioned this in the tele-conference a few months ago and the answer was that it was an "astute observation". I still believe the technology has merit and I am hoping that the management of the company has the expertise and the business acumen to arrange the necessary financing and get the show on the road. I even put my money where my thoughts were and against everything I have learned trading in the market, I averaged down by buying quite a bit of additional stock. I couldn't resist the buy at 50 cents when most people own their ORIGINAL stock in the 6-9 dollar range pre-reverse split prices. Sure I could be throwing good money after bad but I figured that what was happening with the trading had nothing to do with the company or the potential of the technology. Now, it could be a fluke but I suspect that someone knows something and is buying at higher prices. I can only HOPE I am right!

Good luck to all, I think this COULD BE the next Microsoft (smile)

Larry Schnitt
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