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Re: None

Saturday, 12/16/2000 11:59:17 AM

Saturday, December 16, 2000 11:59:17 AM

Post# of 15369
None of us would be on this board if we didn't think SEVU is a potential home run -- But, looking back, in terms of expectations, SEVU was selling for 60 cents just over a year ago.

If you look at their December 99 10Q we have this statement:

"The Company's net revenue for the second quarter and the first six months of fiscal 1999 increased 187.0% and 423.7% to $365 thousand and $666 thousand, respectively, from $127 thousand for the period from April 2, 1998 to June 30, 1998. These increases from the previous fiscal year were primarily due to increased sales".

Now we are talking going into 2001 with 9 million in back orders and a stock price 700+% above what is was in November 99.

My simplistic point is that despite the problems, the overly optimistic statements at times, the shorting, the inevitable selling of some restricted shares, the overall major decline in markets and general switching from a greed to a fear mentality, look at where we have come in just one year.