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Microcap & Penny Stocks : STRATEGIC SOLUT (Nasdaq:SSGI) -- Ignore unavailable to you. Want to Upgrade?


To: DayTraderKidd who wrote (103)8/18/1998 10:28:00 AM
From: BlueCheap  Read Replies (1) | Respond to of 388
 
Peaceful, I'm no #'s person at all, My source on SSGI is very much a Numbers person and there has been no mention of numbers when speaking of SSGI. The MAIN reason for owning SSGI at current price levels is the MERGER with this un-named company. I understand from my source that this un-named company is a STRONG and LONG TIME Profitable company. THIS merger should create a NEW SSGI and I also understand one of the reasons this company wants to merge with SSGI is because it is NOT a public company and does not want to go the route of an IPO. Merging with SSGI is thought to bring many positive results to this company and likewise to SSGI...Keeping in mind that this 1.5 million float is NOT expected to increase as the shares which no doubt will be issued by SSGI to this company will be held out of the float.
So, looking at SSGI's #'s is not likely worth very much as far as DD is concerned, besides, If SSGI's #'s were good it would not be priced at 3/8.

Hope this overview of the reason I personally am invested in SSGI will shed some light on your DD.

Regards,
Malcolm