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Microcap & Penny Stocks : Surequest Systems Changes Symbol to DIET -- Ignore unavailable to you. Want to Upgrade?


To: run_amuck who wrote (1)5/15/1999 3:49:00 PM
From: Fact4  Respond to of 166
 
looks interesting do you know if any PR's on the way and if it is reporting



To: run_amuck who wrote (1)5/16/1999 11:38:00 AM
From: Ted M  Read Replies (1) | Respond to of 166
 
I'm glad you started this thread. I've been hanging on for a year or so now--bought in the teens last year (was up in the .50's for much of the year), and have kept on buying down to the current .08's. Volume wavers but has been higher in recent weeks than I've seen it for a while. I'm hopeful that the primary reason the price has plummeted is the near-total lack of news. I suspect (but don't know) that some PR's will be coming up in the next several months due to some of their business developments.

Their new website, www.surequest.com, is a good read. They have some nice alliances, and over 600 clients in what I understand is a pretty fragmented industry. I recall being told about 1.5 years ago that they were the leader in the industry (500 clients out of 20,000 potential clients) at that time. Revenues are low, loss last year. The notes from the shareholders meeting in Dec '98 indicated that the company does intend to be fully reporting this year.

I'm intrigued about the potential of the consumer-oriented website, menutrition.com, that is coming out in the months ahead. From what I understand this will be significantly more involved and interactive than sites currently on the market. Do your on DD.

Good luck. Ted