SWMCF- Making a comeback this week. Message Board

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Technology Stocks : SWMCF- Making a comeback this week.

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From: Bart Sampson	7/9/1996 6:02:00 PM
	of 278

>I don't think SW is like rolling the dice anymore... >Its operating in the black, its got management, its >got products, on and on. CW let the PROFITS secret >out of the bag in the CEN article. The only barrier >now is getting $2 Mil to get back on the NASDAQ. SW is operating in the black? What about the big debt to the bank that they have to pay back by the end of the year? I'd have to say that's a big _red_ mark. And, I've heard mumblings that SW didn't wrap everything up as neatly as they should have when they wrote everything off last quarter - and now they've opened themselves up for some pretty big hits. Just rumors, mind you... > But (former chairman) Beninger figures SW needs all the > no nonsense financial expertise it can get... > ..."Shes got Wall Street smarts and toughness", he said, > "she's a highly respected person on the money side of > this game..." Hah! All this from the man who let the whole thing slide into the toilet in the first place (ie. he resigned as CEO two years ago and let ex-Macromedia marketer Scott Walchek take over.) Anyone's who's interested in Brian Beninger should dig up the David Baines articles from the Vancouver Sun (one last year, and one from January.) If you're looking for a testimonial, Paul, Brian Beninger is the _last_ guy you'd want to open his mouth for you. As always, Bart.

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