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Microcap & Penny Stocks : STRATEGIC SOLUT (Nasdaq:SSGI)
SSGI 0.0250-37.5%Nov 1 5:00 PM EST

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To: A. P. Farrow who wrote (314)1/7/1999 11:14:00 PM
From: Wally  Read Replies (1) of 388
 
AP: I'm afraid I have no news yet, although I have made some inquiries. As far as I know the deal is still on and the hold-up has been in the completion of financing. Someone else may have more up-to-date info (or rumors).
As far as prospects - I think you still have a reasonable chance to make your money back - and maybe some profit on top of it. If the deal actually goes through you can count on a big jump. You may even catch up with what you lost out on with IBM. If it starts to crawl up into the teens it may be a sign of something brewing - or not! - If I had to bet (and I have) I still believe it will happen - I have no idea on the timetable.
Considering the current value against what you paid for it my advice would be to ride it out . Worse case - hold it till December 31st and then take a tax loss - but not before.
Good luck,
Wally
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