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Microcap & Penny Stocks : Select Software (SLCTY) and Base Ten in merger talks

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To: Laura E. who wrote (2)4/12/1999 2:30:00 AM
From: Garry R.  Read Replies (1) of 63
 
Laura,

I hate to be a downer, but what basis do you have for this??
Looks like a few big BASEA shareholders are having a fit. Also,
I have heard from a few another board, that SLCTY is pretty
much in dire straits financially(12.1 million loss compared to
1.+ million the previous year. thus the reason the share price
has tanked from $5 to as low as .12 recently in the past year).

I do hold a position in this company, strictly for the short
term, but I wouldn't buy more due to the uncertainty of
the merger. If the merger fails, we are heading to 0.01
in a hurry. IMHO.

Heres a link in regards to BASEA and the unhappy shareholders:

biz.yahoo.com

Appreciate your thoughts.

Regards,

Garry
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