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Technology Stocks : SI Diamond Technology (SIDT)

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To: dwight martin who wrote (368)7/21/1998 3:50:00 PM
From: Joe Master  Read Replies (1) of 623
 
Well based on calculations they are now out of cash or will be very soon. The last time they were faced with this they issued a bunch of Preferred stock the shares were converted (in the main) to common and over the course of a year the number of outstanding shares went from 13 million to 26 million. The price also took a dive. So sure go ahead and buy under $.20 but should you recommend buying at $.18 or $.12 or will it hit $.08 or $.06 this time.

Also be ready to dump at any time because you may only get one chance (or none). I think you have better odds putting your money on the roulette wheel in Vegas.
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