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Technology Stocks : SEGUE (SEGU)

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To: John Ritter who wrote (83)5/2/1999 1:19:00 AM
From: QwikSand  Read Replies (1) of 113
 
I'm not an investment advisor and don't claim to be. I don't know what's a good buy and what isn't, and I'm in possession of no information about the company other than what's in press releases.

Obviously Segue is in extremely serious trouble after the recent series of fiascos, and it smells like the permanent disintegration kind rather than the temporary kind. The best the president can say is "The sales force is bigger than ever." What that has anything to do with I have no idea: the last crop of salesmen he just canned overstated him into a shareholder suit, at least according to some interested parties.

It looks pretty unlikely that Segue will magically morph anytime soon from a bag of bones to another YHOO or AMZN, but at this level in this market one never knows; there could be some kind of irrational spike and you could double your money in a week. The float's not that big, it wouldn't take every fund on the street, just a few traders.

So who knows? It doesn't seem like the best place to put my money, but someone else on this thread thinks it's a buy below $4.00.

Good luck.

Regards,
--QwikSand
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