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Technology Stocks : 7th Level
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To: Tim Luke who wrote (606)4/21/1998 6:37:00 PM
From: targaman  Read Replies (1) of 1019
 
BUYER BEWARE -- READ THE SEVL 10K

The question is not where the stock is going but who would own this stock at any price. FYI -- 10k filed 4/15/98 (15 days late) included a "going concern" opinion from SEVL's auditors doubting its ability to continue as a functioning entity. Read it yourself off of EDGAR. The company was low on cash as of 12/31/97 and was hoping to reduce the monthly cash burn rate to $1 million/mo. Could they be out of cash now? Anyone remember Comparator (IDID)??
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