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Technology Stocks : Systemsoft Inc. (SYSF)

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To: Jimbo Cobb who wrote (3524)5/27/2020 12:32:49 AM
From: 90sInvestor  Read Replies (1) of 3529
 
HEY!!! That's awesome...

I wanted to ask if you had invested in Systemsoft. I'll tell you a story, a sad one but who cares that's life; I was living in DC back then and had doubled my money investing in penny stocks. My fortune was about 80K which I VERY foolishly invested all of it in systemsoft. Yup the whole nine yards.


The sad story was that while I was pulling out of a parking spot out of the CompUSA parking lot I had heard on the radio that a company called Amazon had just went IPO and the stock was around either $18 or $40 I don't remember, but back then I remember I instantly thought very seriously, should I buy this stock? Then right after I pulled out the parking lot I had decided NUH it's too expensive, I wanted to make money quickly. Then systemsoft went under and I lost every last penny of that $80k...

I stopped buying stocks from then on.

I wanted to find out on this board if you have any idea of what happened to that company.Did they restructure and get back on track on did they completely go under? I'm scarred of that experience and too disgusted to dig deep and thought the experts might have quick answers...

Cheers!
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