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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Deeber who wrote (56976)5/31/2000 11:09:00 PM
From: Rajiv  Read Replies (2) | Respond to of 122087
 
Sensar (SCII) is a reverse-merger deal. The information in the Yahoo profile is of the parent shell and hence the # of employees is irrelevant.

The shell has only 6.5 million shares (the maximum it can go to is 9 million before the reverse-merger is closed). After the reverse merger, there will be 28 million shares outstanding plus options for 14 million shares exercisable at around $2/share.

Sensar (to be renamed Net2Wireless after the merger) is sure to put out some nice juicy press releases when the merger is closed (to allow the Net2Wireless investors to bail out). Till then the float will be tight (as reflected by today's 50% gain in stock price on volume of just 1 million shares).

SCII is sure to provide money-making opportunities in the future.

I am short at 16 7/8.

Regards,
Rajiv