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Microcap & Penny Stocks : SIIS (Struthers Industries) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Boomgard who wrote (644)12/1/1997 8:36:00 PM
From: Terry D. Voss  Read Replies (1) | Respond to of 709
 
Jim, we have tried it before--no one was interested. Nothing secret about what I paid--about $10.50/share at current share prices. I'm down a little.



To: Jim Boomgard who wrote (644)12/1/1997 9:03:00 PM
From: Bud Hall  Read Replies (1) | Respond to of 709
 
Jim,
I own 1500 Series A (10% cumulative convertible preferred) shares
of World Interactive Network, Inc. Also have a relative with the same. Bought (gulp!) at 25G's in '96. Also bought a few thousand shares of Struthers prior to "merger" at about $3.00/sh.
Supposedly the Series A shares would be converted to two shares
of the new publicly traded company. To tell you the truth, I don't know what they are worth in numbers of current SIIS shares. Dan, if you are listening.... maybe you could help me out here.
I have thought of averaging down at todays prices, but "once burned - twice shy" !
I also got into IVDS through a limited partnership in the Charleston, S.C. market. I do receive some information on the progress of IVDS through this. The original idea of interactive TV got me into both investments. I still feel it is an industry waiting for a use, and in need of good equipment to make it useful.
It originally sounded like RTT would be a leader in equipment applications (partly owned by WIN/Struthers), but Charleston has switched to Informix (I think)...
Hope this is of some intrest, I'll update if I hear anything useful. Would like to hear anything relating to series A shares.
I have hopes that they will still find a use for this bandwidth!