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Re: Francois+Goelo post# 707

Thursday, 09/14/2000 12:17:57 PM

Thursday, September 14, 2000 12:17:57 PM

Post# of 15369
FG, thanks for taking the time to educate us.

Perhaps like others who have been buying as much SEVU as we can afford (hopefully not to lose), I was stopped in my tracks by the ZSUN post that really threw a lot of dirt on you. After reading it, and with the SEVU stock at $8, I stopped buying with doubts in my mind as to what is going on here. But then this morning I read your reply and your side of the story, and now have a better understanding. I am back to viewing SEVU at $8 as a fantastic opportunity. The reasons for investing in SEVU are solid: great products, great CEO, great marketing plan,......a great future that will take some time to build out. The math works on this one. I believe $25 to $40 by end of 2000 and over $100 by end of 2001, even if they fall short of their lofty projections!

Sometime back on the RB board I had asked you to help me better understand the shorter/basher's game. You replied that it would take to much time and too many volumes to teach me. Well, this was lesson #1 and I appreciate it. I still do not fully understand how the shorters profit from the falling stock price, and how the AMEX will prevent this. Can you or anybody else enlighten me? Also, do the shorters only target companies with big price runs such as seen with ZSUN and SEVU?

I am glad you view the bashers of SEVU as just amateurs...because these people can really do some serious damage, in some cases perhaps irreversible damage, to a company and its investors.

Tell me this, in your opinion, with the daily volume averaging close to 50K shares, who do you think is selling? Is it just individual investors who have lost confidence and are taking a profit (or minimizing losses) believing that price will fall further? Or do think it is insiders cashing in, such as those who received shares during reverse merger or in trade for services performed for Seaview? And how far can the price be "walked" down like this? I know nobody can predict the future, just looking for opinions from those more knowledgable than me in these matters.