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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area
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To: Crossy who wrote (2002)10/21/1997 6:21:00 PM
From: Bosco  Read Replies (2) of 37387
 
Crossy & Zeev - here is my take of CTYS after reading the DJ Wires. I do not think the plunge would be so dramatic if the shorties' cover weren't blown - by the expose in BARRON's (and who knows, maybe SI <g> does have a loyal following.) Once they were exposed, they figured that they might have a shorting orgy (I suspect regular shorties are now riding the coattail of the bandits - and the former may get burnt as the same [as the longs] if they are not careful.)

Now, here is the interesting take for future action. NOW, I don't not think it will go below $1. My reasonings are two folded. 1st, the bandits are exposed - and I don't know if they dare to take CTYS to the max (um, in this case, min <g>) with extreme greediness without attracting too much attn. 2nd, the exposure may also attract the whiteknights (or greyknights <g>.) 2 caveats 1) the co is still a viable concern, businesswise and 2) there is some way the convertibles can be paid off.

Ok, how is my fiction writing skill <vvbg>?

rgds Bosco
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