SYCONET.COM (SYCD) THE NEXT AMAZON? GET IN EARLY. $.31 Message Board

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Microcap & Penny Stocks : SYCONET.COM (SYCD) THE NEXT AMAZON? GET IN EARLY. $.31

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To: Stock Master who wrote ()	3/31/2000 8:02:00 PM
From: Jack Hartmann	Read Replies (1) of 1413

SYCDE closed at $1.62, up 8.3%. I have seen many OTCBB never come back because they didn't have the cash to pay for an auditor. SYCD has done the 10K. The "E" will disappear shortly. Volume a low 53K. Not much is moving on this one. A look at some form 3 info filed this week. Sy own 2M shares of SYCD with options to buy 5M+ more William Spears owns 701K of SYCD with options to buy 5M+ Larry Hineline owns 650K of SYCD Edward Kramer owns 20K with options to buy 450K Katherine Jacobson owns 35K with options to buy 775K Phillip Jacobson owns 35K with options to buy 775K Francis Yano owns 135K Jean - Claude Geha has options to buy 400K Insiders must make an initial statement of holdings via the SEC's Form 3 within 10 days after gaining their insider status. SYCD currently has 12,697,458 shares of common stock outstanding. Cash as of Dec.99 was $587,559 Gross profit Y2Y - 302,058 in 1999 vs. $113,931 in 1998 EPS Y2Y (0.55) in 1999 vs. $(0.12) in 1998 SYCD has signed a Letter of Intent for a $5 million line of credit with a venture capital firm that has funded numerous emerging growth companies. sec.gov The real question in e-retailing is "Can SYCD reduce losses and move toward profitabilty". If you see insiders start to bail out, so should you. Till then, Sy and the six other officers have a huge financial interest in the company. I reposted it on SI so I can find it later. Jack

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