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Technology Stocks : Systemsoft Inc. (SYSF)

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To: Mark Brophy who wrote (3016)2/7/1998 5:25:00 PM
From: peter grossman  Read Replies (1) of 3529
 
As a matter of fact, pressing calls worked out ok until yesterday. I rode the stock down from the 8s to the 5s without losing money.

I'm glad you reposted my thoughts of August, though I am familiar with some of your other self-serving, sophistic, sometimes personal and mean spirited posts.

As I said in August, I was never convinced that System Wizard would make any money in the short to intermediate term. I did, however, think that the possibility that it would on top of the growing system software business provided a good bet. One which I continued to hedge.

It is not the SystemWizard implementation cycle or short term (???) problems that surprise me. It is how devastated the core business is at this juncture.

If you can take the company at its word -- something that has worked inconsistently in the past -- than a tighter belt around a core business may yield break even business on lowered year over year revenues for at least two more quarters until/if actual meaningful SYSWIZ $ kick in.

In my view that assessment makes the stock worth somewhere near where it's trading. But now there won't even be any calls offered.
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