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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries
CY 23.820.0%Apr 16 5:00 PM EST

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To: CocoBob who wrote (340)5/7/1997 12:28:00 AM
From: Donald F. DeKold   of 3243
 
Robert, perhaps you could expand on the information contained in your last post in order to clarify its possible implications for Cybersurf. It helps if we all start on the same page.

When I talked by phone with Gary last month, the company was portrayed as being very pregnant with possibilities. Since that conversation a CEO has been hired and an agreement has been signed with a North American long distance carrier. The latter fact suggests there will be an initiative in the domestic (North American) market at this time, not India.

At the time of this April phone call Gary said several things that have stuck in my mind. One thing was that the month of May appeared to be shaping up to be one in which there would be a stream of news releases regarding the closing of deals. We've already had two press releases in the last week or so with one release having come out on May 1st. These latter two releases I see as involving "positioning" of the company. Now, what they are positioning for has yet to be disclosed. You would have to have their place bugged or be a fly on the wall to know exactly what to expect. Conclusion...at this point we are all somewhat at the mercy of company and its news releases for real information Until then, all we can do is wait and remain hopeful.

Gary also again explained to me that it is important for them to actually have signed contracts before announcements are made. Evidently it is possible for a quick footed and agressive competitor to get wind of one of their business concepts and to make an 11th hour proposal to their prospective client that steals the deal.

John Melnyk actually had an hour or so with Gardner. John, did Gary drop any hints as to what sorts of things that were in the works, or did he just speak to you in generalities and possibilities as he done with me over the telephone?

I did call Gary this past Monday to clarify the Fortune 500 thing. He sounded very annoyed at even having to address the issue. I had the impression he had far more important things to do than deal with such silly questions. It's the first time I've talked with him that I picked up an edge of impatience. Could be that it's getting to be crunch time at Cybersurf.

The way I read the signs is that Cybersurf is getting very close to delivering some majorly significant news to the business community and its shareholders. My feeling is that it could be any day now.

Don
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