Sequiam Biometrics (fka SQUM)

[Han2004fl]

that what is remained to be seen if they can deliver what they promise. Anyone can make projections ... but can they deliver?

2006 10K will tell story. BUT 10Q 1st qtr will tell even more story.

I think if they don't have products out in grand scale now, they are missing this holiday season sales. If the products that are said to be out are not out, they miss being a part of 75% retail sales for the year. As you know that holiday season sales account for 75% of sales for the whole year for the retailers.

Why did I say they miss the holiday party? If you work in a wholesales you would know that products are ordered starting from Feb to July for delivery for the holidays. Products get ordered, companies notify manufacture (mostly overseas), the products get produced, shipping over, port clearing, US delivery. The whole process takes at least 3 months if you are lucky.

SQUM is a real company, I have no doubt because I drove pass it many times before in Orlando. It sure looks like they will have a bright future but do they deserve to have market cap of $25 millions at the moment?

I don't think so. 1st 2007 10Q will tell a better picture.

Personally, I think the stock might drop to .15, to do the double bottom before heading upward.