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Gold/Mining/Energy : Sideware Systems - SYD.u/V, SDWSF -- Ignore unavailable to you. Want to Upgrade?

To: KrisCo who wrote (4581)	12/10/1999 5:31:00 PM
From: Howard C.	Read Replies (1) \| Respond to of 6076

That's always the dilemma. Take profits now and you'll never lose, except the chance to have made the $20-$40 range. If I had not come to this place after reading a government-oriented publication calling Sideware one of the best 10 up and coming government suppliers, I would assume, frankly, that is just another typical OTC-BB P&D scheme. I guess this will have to make $20 for me to make up for all my other P&D losers. Have a nice weekend.

To: KrisCo who wrote (4581)	12/12/1999 4:12:00 AM
From: KrisCo	Respond to of 6076

Sideware announced a "substantial offering" in early 2000. Via what vehicle has been a subject of many posts. AGORA's theory when we first discussed this was a rollup from the Canadian Company into Sideware Corporation in the US. Here is AGORA's post from this September Message 11241150 Whatever Sideware management decides, there are several issues that management must consider: 1) An IPO is time consuming and expensive 2) The objective is expansion money matched to how fast a company can grow. 3) The offering must benefit the 15 million shares held by senior management and friends and hence the entire float We are in the same boat. 4) IPOs attain such lofty prices because of anticipated short term value combined with a control on the selling of current shares, a "lockout period". It is an MM pressure cooker of restricted supply and open demand. Any method that has current shareholders agreeing not to sell for some period of time will get this same result. 5) IPO assumes a new corporation to issue stock. The length and cost of such an offering can only be shortened by a "reverse merger" with an existing listed corporation. Increasingly common, if this happened look for Sideware management becoming involved with an existing corporation that looks like a shell with no real market value. 6) 50 million shares outstanding lifted to $20- $40 in this market is peanuts compared to comparable market caps. If Sideware can get the same market cap as her sister companies they only need to sell some more shares and save a lot of time and trouble. Right now we are at a respectable 25% with 200 million shares authorized and less than 50 million shares out. It could grow to 35% and still be OK. At $20 -$40 per share thats beyond significant expansion money. It is too early to predict the method of Sideware's "substantial offering". Senior management is still assessing their market response so even they don't know what is best yet! #6 above is my favorite. It means Dr Bean really took off which is what management is trying to do anyway. But I like the fact that we are all in the same boat. So long as this remains true, we are bound to be just fine. Kris