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

To: BlueCheap who wrote (177)	8/30/1998 7:51:00 AM
From: Tomato Man	Read Replies (1) \| Respond to of 388

Malcolm and CS, help me to understand the exploding market for "Aqua Mats". I understand what SSGI does and I understand what Tamsco does and they want to merge in order to take Tamsco public. I'm okay to there. Now they need to raise 8.5 million for the deal and capital. Okay. Now I start to get a little fuzzy when I hear about the address thing and they want to take the extra moola from the merger and invest it in "bath mats" for shrimp and manatees. Is there something fishy here? I don't think I can tell my friends about this, because the laughter would be just too much for my self esteem. Help me to understand. Morris Flounderbait (Tomato Man)

To: BlueCheap who wrote (177)	8/30/1998 11:07:00 AM
From: ComSolut	Respond to of 388

Malcolm - Good questions. Let me answer the first and let others tackle the rest. Based on the assumptions of 40 mill. in revenue, 5% net profit, and using an average of companies trading in the same industry and then determining value by market cap criteria and P/E ratio: I would expect SSGI to trade for around $ 2.00 / share - AFTER THE MERGER IS COMPLETED. Again I am ignoring many factors - The diamond in the rough of Meridian Mats for aquaculture. Growth rates. Lousy market for small caps (although the sample of companies should reflect that) Balance sheet issues Momentum & Emotion Etc. UNTIL the merger is completed I feel the RISK is to high to move the price up (again unless someone wants to jump the gun and start accumulating now in a big way). After the merger the stock will move and hopefully is a short period of time. ComSolut