Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Shearson Financial Networks Inc. -- Ignore unavailable to you. Want to Upgrade?

To: TheAccountant. who wrote (143)	7/20/2007 11:50:41 AM
From: otherbrotherdaryl	Read Replies (1) \| Respond to of 314

No. The company is just about worthless. Financiers will do better to sell or short the stock in hand. The problem for shareholders is the financiers will have is an endless supply of stock to do with as they chose and reduce shareholder equity on a monthly basis. A buyout might be a radical possibility but the company is pretty much worthless. They have a few computers, furniture and leaseholds on their offices...... nothing else. Any extra value would come from potential revenue coming from this. But considering AJW and La Jolla and two others will tap future earnings and/or equity, the stock is showing its true colors. This stock will be on a rollercoaster for three years if it survives that long. IF SFNN goes deeper in toxic finance all bets are off.