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


To: Ted M who wrote (30)6/9/1999 5:21:00 PM
From: Kingfisher  Read Replies (2) | Respond to of 166
 
Ted, I am long DIET and I am just as interested in seeing an improvement in the price of the stock as anyone else on this thread.

I and "garden man" posted on the original SQSI thread where similar positive opinions as I see posted on this thread, were provided concerning SureQuest. We even visited their booth when they participated in a national nutrition seminar in Boston last year or a couple of years ago (?). Not that it means a dam but garden man and I saw the fundamental merits of this company some time ago, not lately, through our conversations with Charles Townsend.

IMO, a lot of recent posters become interested in SureQuest because of the recent price action of the stock, not because of the fundament business capabilities of the company. Now that they have taken a position, they are hyping the stock by posting fundamental type information such as it being a legitimate company with earnings. [Bear in mind that SureQuest has never paid a dividend with their apparent earnings. This to me is a sign that management, old or new, doesn't really care about shareholders.]

This company is many years old. It was in business and supposedly making money when it went public. I'm not saying it has been profitable but that it has been a functioning company with earnings for a long time. I feel that the management of this company could be in cahoots with the founders [who I believe are still around] and might have a plan to try to bring this company private again. Now I said "might". Just an opinion.

All I was trying to do with my last post is inform readers of this thread with the history of this stock the way I've experienced it. I felt that there was little concern about the recent past history and/or past actions as far as posters on this thread were concerned. I only posted the truth the way I see it which simply should not have any influence on the price movement of the stock.

Now someone is saying that the management has changed. All well and good however, the new management has been in charge for some time know. IMO long enough for DIET to have become a reporting company . Sure, they have excellent products, an excellent web page and appear to be heading in the right direction to improve the company. But the company reputation is tarnished because of former acquaintances, especially Sauceda & Granville.

It was not unexpected that posters on this thread would and should come down on me because it appeared to them that I was negative on DIET. No doubt, it was because of the way I phrased things. But, it is the truth the way I experienced the saga of SQSI and I feel that the present management at SureQuest still have to prove that they are for real to me, beginning with SEC reporting almost immediately.