There are just so many like this one I just do not know where to start
Message 13743816
To: Francois Goelo who wrote (124)
From: Francois Goelo Saturday, May 20, 2000 12:45 AM ET
Reply # of 142
CYAA, Today's 10Q is Borderline Mind Blowing!...
Here are the SALIENT Features...
+ Cash on hand: $1.77 Million...
+ Assets increased by $1.4 Million since December 1999...
+ Shareholders Equity increased by $1.3 Million @ $8.8 Millions...
+ Book Value, as a Result is now: $2.75 on 3.2 Millions shares outstanding... Stock trades at only $2.97, thanks to the rotten MM's...
+ 1st Quarter Earnings were $1.8 Million or 56 cents/share, compared to 11 cents in the corresponding 1999 Quarter...
Conclusion:
I view this as extremely Bullish, as Year 2000 EPS is likely to be in the $2.50 to $3.00 range with a share price potential of $30.00+... The stock is clearly held up by MM's trying to cover their short positions, as the stock should now be in the $10.00 range, IMO... A Complaint has been filed with NASDAQ concerning unambiguous "walk down" tactics... I believe CYAA is about to file to list on AMEX, which should thwart the shorts... In addition, a forward split is expected, once the stock trades on AMEX...
Disclaimer:
This is only the personal opinion of a potentially biased long, not a recommendation and no responsibility is accepted for errors or omissions... Would-be investors should carry out extensive Due Diligence and only invest what they can afford to lose...
JMHO, F. Goelo + + + |
