SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks Message Board

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

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To: Urlman who wrote (7929)	11/29/1996 2:14:00 AM
From: snowpile5	of 13351

Brian, Thanks for the pessimism. It's placed nicely before a flicker of optimism in Mike's next post. My feeling is you either sell this dog for a tax loss this year, or you hold it for a tax loss next year with the hope that something positive materializes from this horrible story. I will hold on to that prayer. I've been assured SEXI does have a functional product that at least lives up to the claim thay they can pump analog over UTP in the LAN. They appear to have some of these systems at client sites. Have they sold them outright, does the product live up to other claims, have the resolved technical problems to the point of confidence where they could go into large scale production and installation, is the software ready, and do they have any significant deals on the table?; these are few questions which will hopefully be answered in time. Let's say the company does get financing to move forward, we have to (hopefully) believe that anyone willing to put money into this company believes that there are things on the horizon which will guarantee the safety of their principle. There are surly tons of arguements that play out a scenario where this financer controls the company or a large percentage of stock. Let's leave them out of the discussion and go on the assumption that no person would allow there capital (say 2-4 mil) to get tide up in this mess unless they were very confident there was potential in this product. So, if we do see capital come into the company, there stands a glimmer of chance that this stock will be valued reasonably higher than these prices. This scenario could be acted out. It will be interesting to see how such a deal would be structured. Such details likely won't come to our attention for some time. I think right now there are just too many things going on and too many unanswered questions to come to further speculation. We don't know anything about the amount of stock out, if any stock will be rescinded, if any money will be disgorged, if any money will come back to the company, or any number of other similar questions. I have to wonder how much the company knows about these matters. What we need to know is the company has operating capital to weather the immediate storm. This is a reasonable question to ask. Nutcracker

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