Swissray Intl. Inc. (SRMI) Message Board

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Biotech / Medical : Swissray Intl. Inc. (SRMI)

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To: Wowzer who wrote (687)	10/28/1998 10:10:00 AM
From: Gutterball	Read Replies (1) of 763

SRMIE can still trade on the third tier of the NASDAQ; ie, bulletin board. It shouldn't effect your trading much. However, this down grade represents company weakness. Buyers Beware! BTW, I'm not trading this puppy, just watching the death of a burning star. I'm waiting to see if they land those 75 contracts they promised earlier this year. Could be grounds for a class action, but SRMIE doesn't have any money so why bother. Look for a change in symbol to something like SRMQE. That should about do it. The Swissray lesson, incase somebody missed it, is stay away from companies that do preferred financing to pay interest. That's a no win game.

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