STREAMLOGIC CORP (STLC)- This stock is going to fly! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : STREAMLOGIC CORP (STLC)- This stock is going to fly!

STLC 42.34

0.0%

Aug 23 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Pat Pending who wrote (2650)	2/28/1998 1:40:00 PM
From: John Goodman	Read Replies (2) of 2840

Yes Pat, I think you have missed something. The LAST thing Preletz said to a number of us STLC shareholders was that STLC has no assets, has no net worth, is going to be bankrupt and, this is most important, IS NOW WORKING FOR THE DEBTORS IN POSSESSION. How can he be looking out for STLC shareholders while working for debtors in possession? I think the shareholders he is working for is his new holding company. Those of us who hold shares of STLC have and still believe STLC has asset value well in excess of valuations given to the bankruptsy court. Unfortunately, STLC management feels they no longer work for us. As for the people buying this stock, a recent post called our attention to an "investor" who bought 60,000 shares and wondered why people said it was worthless. I guess I would be more interested in why he/she felt is had worth. Obviously, this investor did little to no research on STLC or he would have stumbled upon the most recent SEC filings. If I were looking at STLC for the first time, I wouldn't spend a penny on speculation as to what may be happening with the company. All your questions are good ones Pat, but unverifiable through normal means. If something other than ignorance to the public facts is driving this stock, it is beyond my ability to find it or understand it. Our stock is classified as "E". Class E stock will be voided. Maybe I'm missing something. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next