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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: Chuck Bragg who wrote (4954)10/19/1996 6:28:00 PM
From: Joseph F. Hubel   of 13351
 
Chuck,

I agree with your thoughts. If you look back at a prior post I submitted last week, it suggests an asset value to this co.in Feb '96 of 6.8 mil. Divide that by 66 mil shares and what you have is squat. The technology is not protected so all you would have left is the value of sales and inventory which for what we know now is more squat.

Think one of the most troubling areas to me, assuming we get past the current situation, is all the wasted time frame for this technology. As we all know, today any technology has a very short life span before it is either surpassed or produced and marketed better by the IBMs or MicroSofts of this world. This is particularly distressing since we do not have a patented product. It's the old war theme of who wins is who gets ther Firstist with the Mostist wins. We may end up Lastist with the Leastist.

JFH
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