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Microcap & Penny Stocks : SEXI: P.J.s corner..
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To: Urlman who wrote (22)10/8/1996 12:07:00 AM
From: Mack Carter   of 32
 
Brian,

An interesting lot we have here and from what I see it seems to be based on expressed oppinion. It looks to me from my readings tonight that SEXI made errors in their accounting becuase of purchasing other properties and agreements. Not a good thing to do, but I can't see it as an end either. Basic business is supply and demand. What I want to see is the company's profit and current demand for it at the asking price. Got any new info?

Next, in a September 23, report SEXI said it was now going to go "full-swing" and that current losses are from start up cost. Add in a company buy back of 250,000 shares by the company announced September 12, it seems to me that the company is far from a scheme but is serious about a future. If I wanted to stick investors for cash the last thing on my mind would be a buy back or continue moving to production. Even worse would be to spend my time getting agreements to manufacture the product. Lets see SEXI produce and then watch the value. It's not the first or last stock to have a hold placed on it.

I'm certain some will consider my comments just coins in the fountain, but even if I'm wrong and it's all a plan from SEXI's higher ups they would do good to capitalise on the bad news, buy more now and sell once the volatity drives the price up. Really, I see no reason to sell just because of what appear to be growing pains for a small company even with the negative hype.

Mack
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