Caye Chapel -- CAYC --- Currently Undervalued Message Board

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Microcap & Penny Stocks : Caye Chapel -- CAYC --- Currently Undervalued

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To: Steve who wrote ()	4/12/1999 10:23:00 PM
From: Jacalyn Deaner	Read Replies (1) of 112

Continued movement up: I am in 100,000 today @.12 Jacalyn By: vchopra Reply To #62 by rer3 Monday, 12 Apr 1999 at 7:58 PM EDT Post # of 63 Here is the story. CAYC has started the manufacture of drill bits for tyhe oil and mining industry and they will start shipping at the end of the month. They were expecting to do about 12 million dollar of business a yr and now the number has been revised to $20 million because of the overwhelming orders. They are turning people away. They just got a new plant started and they already are moving to a 100k sf factory @end of the yr. News to that affect will be out this week. and also they own 1800 oil wells that produce little oil, they will drill lateral hole in the wells to produce @least 100 barrels per well ,to total of about 10k barrells a day. The yearly income will be about $60milllion by the end of next yr, giving $1.50/share income for 12 cent stock. Target price /share this yr is $4-5 and $20 by the end of next yr per the CAYC mgmt. So, I picked up 80k shares and will make it 100k tomarrow. Good luck. I will be very rich man. Board

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