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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (7457)	4/28/1999 2:19:00 AM
From: jim0z0	Respond to of 52051

SW: I wanted to submit a new stock for consideration to the index - SGI International (symbol sgii). I'll start with a caveat - it is a very volatile stock that has been pushed down for a number of reasons over time. They still have alot of debt, and revenues are still a ways off in the near future. I believe there are 60 mil. shares outstanding. The stock has come down a very large amount, like HABE did over the years. That said, they have some great technologies in clean liquid coal. They've been working with the U.S. Dept. of Energy for a long time. The have a patented technology called OCET (revenues still aways out) that turns unusable crude oil into clean liquid coal. The Clean Air act will kick in next year, which will help the company. SGII announced a major alliance with Mitsubishi about six months ago. Read the press release on it. Its a stock that is putting the last three or so major pieces into its foundation. It could take time. It could happen reasonably quickly. When the foundation is in - this company will be worth knowing. Look at the technologies and if they can work out the details to close the revenue gaps with major alliances with top companies - you are going to be happy you watched this puppy on the rebound. So check it out and be forewarned to proceed with some caution. Jim