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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS)

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To: dorsilfin who wrote (320)10/29/1999 5:02:00 PM
From: Frank Walker  Read Replies (1) of 338
 
CYSSE collapsed over 80% to 13 cents on huge volume (1.5 million shares) today. I guess everyone decided at the same time to exit this sinking ship. The circling sharks (some with dorsal fins visible) will be eating well tonight. It is ironic that Crys-Tel crashed today with the NASDAQ so strong, up about 90 points or 3 percent (that's why I Like Gorilla stocks).

On a more serious note, I hope those longs who got sucked into this mess did not lose too much money to the Papalia family or the obvious promoters on this S.I. thread and at www.ragingbull.com. They should look into a "class action lawsuit" (see one of my previous posts for a list of attorneys), or at least consider going after the company or the insiders in B.C. Small Claims Court.

Everyone should read the 10sb form for this "company" at sec.gov. Do a "Search Edgar Archives" on "Crys-Tel" and you will find a lot to be concerned about (I will post about this later).

The CYSS website at crys-tel.com seems to be frozen - about to be shut down?

Maybe the CYSS dudes are making a last desperate attempt to unload more shares by getting set up at the niphix.com stock trading site.

ILG
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