SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: OldHack who wrote (2807)8/30/1997 1:18:00 PM
From: Cary C   of 79382
 
Instock and Myron, I asked Doug About this last week I believe. Stock was at 1 15/16 (I think), he said he thought it was going to drift down a little first( sorry not exact words ).

I've been in this stock for a little over a year. This industry really confuses me and I have relied heavily on information from Steve Allen,Christian McDonald,Terry Menia and Peter Pedroli. They seem to have a real good handle on this company. Recently they sold one of their facilities, greatly enhancing their bottom line. The sell alone I believe will reduce interest expenses next year by $750,000.
They have been selling their remaining shares in CYBG( they have less than 100,000 shares left ). As witnessed on their year in report, this and increased income along with other thungs has greatly improved their cash position and balance sheet. With the improved balance sheet people are looking for them to get a loan package with more favorable terms than the one they currently have. Based on last quarters #,s and projections for next year between conservatively .25 to possibly .30. That should give them a value about 4 currently they are under two.

The key to this is that those figures do not include anything from the vod market which is expect to be huge. Mr. Siegel stated in the conference call that they are speaking to several potential industries. I originally got into this company for their real time computer business. VOD has turned out to be a hugh plus.

Hope some of this helps.

Cary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext