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Microcap & Penny Stocks : CHYRON CORP (CHY)
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To: Bull4Now who wrote (276)10/15/2002 11:52:20 AM
From: Rob Preuss   of 292
 
I hear ya... I'm still holding a ton of this stock myself.

I listened to a former SI guy who went to work as an
analyst for a large tech fund. I did not just buy on his
say-so... I investigated the stock myself and it looked
good. Admittedly, this was not the sort of sector I invest
in... but the NYSE listing, the long history of the
company, and the tie-in with Microsoft (coupled with the
recommendation and my desire to diversify away from
the sectors I normally invest in) convinced me to jump
in. Initially, my investment was up and had I sold I
would have made a tidy little short-term gain. But I
stupidly held on and now my shares are so far under
water I don't think they'll ever breathe air again. Still, the
company does not appear to be in danger of dying... so
I keep holding in hopes of partially recovering my
losses.

I suspect that someone really got the olde rumor mill
churning and that this is what probably caught us both.

Rob

BTW> I got a personal e-mail reply from the CEO to my
complaint about the press releases. I suspect the guy
is honest but inept (which I prefer to dishonest and
capable). They still have a well-respected brand and
products... but in a crowded market and with customers
who seem loathe to spend a dime on new technology.
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