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Re: sahd3g post# 18662

Friday, 02/25/2005 5:07:05 PM

Friday, February 25, 2005 5:07:05 PM

Post# of 341666
sahd3g, this is one reason I cautioned you on your enthusiasm. Sunncomm has made such a mockery of shareholders and violated so many corporate covenents for so long that now the stock is in a show me mode. Worse than that, the only ones buying are nutcase bulletin board freaks like us, with essentially little to no buying power, while on the other side, the people shorting this are powerful Hedge Funds who have nearly unlimited capital.

By over promising and under delivering they have destroyed much if not all of their credibility with Wall Street and the corporate structure remains a mess.

That is why, the earlier poster was correct when he said it will probably take a major event such as Apple/Universal etc to drive the cockroaches away and then they will have to fix the corporate mess before they can draw in institutional money, which is what will likely push the stock higher.

However, it now appears to me that we are finally at a point where much of the former sins will be exonnerated due to circumstances.

Still waiting for the second of three events to transpire wink