Service Systems International Ltd. (SVSY - OTC BB) Message Board

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Microcap & Penny Stocks : Service Systems International Ltd. (SVSY - OTC BB)

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To: Bill Fortune III who wrote (413)	5/13/1999 8:23:00 AM
From: Krukov	Read Replies (3) of 527

Hi Bill and all: These are my thoughts on the latest news release by the company. I was also pleased by th news release today, but it raises a number of questions with me: Why was the valuation published at this time; I am assuming that probably the negotiations have hit a snag and management wants to gain some leverage by trying to raise the stock price. It is a little odd to me that right in the middle of a partnership negotiations (if they are currently going on right now), the company would decide to publish its valuation results. The other possibility is that management may want to buy some time in case they want to talk to some other players if they are not satisfied with the current offers. The $3.29 is good but I was hoping for more, especially since the release states that the results uses discounted cash flow and projections until 2003. I am wondering if the compamny is factoring the potential contracts that it will obtained as a result of a partnership or are these results based on the fact that SVSY may move forward by itself. I am a little confused by talks of a financing in conjuntion with a potential partnership. I was hoping that the partnership would be in the form af a bigger entity taking an ownership stake in the compan y through the acquisition of the 49% owned by UV systems or a buyout of the WOF. In addition, this bigger player would be expected to provide technical and financial assistance by backing SVSY when submitting bids on contracts. I sincerely hope that the $3.29 is a starting point and not a target. JMHO. Happy Investing. Krukov

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