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Technology Stocks : SEGUE (SEGU)

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To: Gyan Brard who wrote (63)4/12/1999 10:56:00 PM
From: John Ritter  Read Replies (1) of 113
 
Does anyone here have an informed view on SEGU? I read what I could and there were indications back in January with the President's resignation. The surprise is that it took several months for the information to devalue the stock to the $5 range. Without quality information this has the pattern of a sinking ship and is probably a poor investment, especially since there is little technical information on the company's products and potential future revenue stream. What I hear is that the competition is eating their lunch and the management/sales folks grabbed all the cash they could carry on the way out the door in bonus/severance packages. Perfectly legal,but surely not a good sign looking forward. The press release cash corrections do not seem fatal in magnitude. It seems that the decision to invest most focus on the quality of products and whether
SEGU can grow revenues from this point forward. Does anyone out there have an informed viewpoint for the investor seeking fire sale prices on flaming stock certificates?
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