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Microcap & Penny Stocks : Surequest Systems Changes Symbol to DIET -- Ignore unavailable to you. Want to Upgrade?


To: Spark who wrote (29)6/9/1999 12:45:00 AM
From: Ted M  Read Replies (1) | Respond to of 166
 
Pros and cons, unknowns, IMO:

Here is a repost by me from the RagingBull thread.

<<By: tedrika
Reply To: 20 by BarryKSunday, 6 Jun 1999 at 1:51 PM EDT
Post # of 37
Pros and cons, unknowns, IMO:

Pros:
1. Real company, 600 clients
2. around 25 employees
3. Revenues growing significantly (read press releases on
Website)
4. Very small market cap given number of employees
5. Price was 50 cents to a dollar only 12-18 months ago
6. Price decline was steady on virtually no news and with
unremarkable volume
7. Technology available on multiple platform
8. Probably the market leader in a fragmented industry, 3
aquisitions in last year
9. Leading edge of an industry just beginning to jump on
the technology bandwagon (nutrition software)
10. Virtually forgotten with many days of zero volume,
yet some signs of recent strength until Thursday's large
volume purchase, 10% of the total outstanding shares.
11. Good alliances, potential nice tie in to the HOT
internet health sector
12. Consumer product coming out soon, said to be very
personalized and interactive--more so than anything I've
been able to find on the internet. It will serve a very
large market segment for anyone desiring assistance with
meal planning--from special medical nutritional needs, to
athletes, to those desiring weight gain, stabilization,
or weight loss, or simply those trying to eat healthy or
more thrifty.

Cons:
1. Revenues, while growing are still fairly low
2. Not fully reporting
3. Operating loss in 1998
4. 2-day rise from roughly .06 to .14 (hit .20 on Friday
midday) makes a one day trade less appealing for those
inclined to trade like that

Unknowns
1. More recent financial picture >>

These are the variables as I see them. All things
considered I believe the stock is very attractive at the
current .19-.23, even after a significant rise from the
recent 52 week low of about .06. It was at .23 just about 8 months ago and the picture looks much brighter now than then IMO. The next several weeks and months look very
promising to me.

I'm just an observer, long on the stock and am in no way
associated with the company.

Good luck and as always, do your own DD Ted