CyberCash a buy? Message Board

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Technology Stocks : CyberCash a buy?

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To: King David who wrote (3963)	1/11/2001 10:26:38 AM
From: Jim Fraser	Read Replies (2) of 3990

It is sad that CYCH has to be put through this. I still believe in ecomm and the CYCH could be a meaningful part of it. What we are seeing is the modern loan shark move in for the kill. Talking about kicking a dead horse! There has to be limits (and risks) for everything. In no way should RGC end up with majority control of the company. I have read articles posted on Yahoo that indicate that RGC operates in a non-ethical manner. RGC has been accused by other companies that they enter into these warrent deals then short or sell stock to see the price decline only to improve their position for conversion on a certain day. They know how to play this game. I hope they come up with some kind of positive win-win agreement that allows RGC to recapture their investment and then some and give CYCH a fighting chance to realize profitability and does not wipe out the current shareholders. RGC wants to make money, not run a company. If they press this I fear the employees will hike and leave RGC with an empty bag. I don't work for CYCH or have any inside knowledge but it is clear to me that Melton left more to make a statement then anything else. This man loves CYCH.

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