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Microcap & Penny Stocks : SCTU - SC & T International Inc.
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To: Mark Shantz who wrote (372)4/17/1998 1:59:00 PM
From: DuGen  Read Replies (1) of 741
 
Mark, After looking over what Mr. K reported, I've got some concerns.

1) 50,000 additional shares won't hurt that much.
2) Mr. Copeland owns less than .2%, and he could have loaded up when it was really cheap, why didn't he?
3) Not enough proxies for a vote isn't good.
4) To vote on a reverse split is not good. What is the exchange rate?
5) If they've got a surplus of "outdated" products that they want to unload in South America and the Pac Rim, why couldn't they sell them before?
6) AND WHAT ABOUT THEIR NEW PRODUCTS?

I'm sticking around for the fundamentals and to see what news reports will say about the meeting. And I don't have a warm and fuzzy feeling about it.

DuGen
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