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Gold/Mining/Energy : Sonus Corp. (formerly Healthcare Capital Corp.) - AMEX:SSN
SSN 0.360+0.8%Nov 17 4:00 PM EST

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To: Slim who wrote (92)6/17/1998 11:31:00 AM
From: Robert Swaita  Read Replies (1) of 96
 
I just spoke with investor relations today and they told me that there is not news or any reason why the stock is going down. They figure that because the stock is so thinly traded could be the reason why the price has decrease. He also mentioned that SSN is in a good financial position in terms of growth, market share, and increase revenues and also the reduction in General and Administrative cost (more or less the same thing as was in the June 10 news release).

However, he did mention that they do have a lot of debt but that was justifiable for the growth they are incurring.

I asked him if SSN was going to do anything to promote the stock and he said the way they are promoting their stock is when Brandon Dawson had is interview with Forbes and by the financial institutions that are supporting SSN.

I personally don't think that there is something fundamentally wrong and that it just could be the low activity of the stock. I know I have seen it before, but I thought one of the reason they switch to the AMEX was to increase activity?

Anyway I still believe in the company and I'm sure there is nothing to worry about in the long term.

Regards,
Robert
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