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Technology Stocks : SSA (SSAX) BPCS/Client Server -- Ignore unavailable to you. Want to Upgrade?

To: jtechkid who wrote (839)	8/4/1998 8:55:00 PM
From: Richard Jurek	Respond to of 915

Jtechkid -- I really don't see SSAX hitting 2 a share -- sorry, but that puts a $400+ mill generating company at a market cap of about $80 mil. With that kind of ratio, you and I could go out to a venture capital firm, tell them we'll sell access to the client base to the highest bidder (such as IBM for about a couple hundred mil) and pocket the rest as profit. No -- 2 is way out of the picture. The company is now oversold. Covey selling his stake? Do you have the link to the SEC filing on this? Can you or anyone else show me this? Most such large sales are done in block and done to institutions on arranged sales. Plus Covey knows SSAX is worth more than $4 a share -- he wouldn't sell out his shares for a quick buck like that even if he did try to ruin the company. SSAX will bounce well soon. But I honestly do not see $2 in the future. R/