CYCOMM (CYII)-on aquisition trail Message Board

STOCKTALK

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.

Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Morrison who wrote (861)	11/25/1997 7:27:00 PM
From: Bullseye	of 1800

How can CYI afford to do this ? They only have $782,968 in cash and a poorly acting stock, let aside the fact that revenue projections of $20 million aren't going to be met as well as profit projections (although this is already factored into the stockprice IMO) How do they DARE going again on the acquisition path ? Is this their idea of generating profits ; Why not concentrating on INCREASING GROSS MARGIN instead ? This should do the trick into generating $0.25 EPS for 1998 (taking into account $40 million sales, gross margin of 38% / 9 million other expenses and taxrate 40%) What does CYI excpect of this acquisition ? To have a rugged p-100 installed in everyone's truck ? Why would CYI japordize 40 million worth of sales by concentrating efforts to acquire a company for a merely 10 million addition to revenues (= NO PROFIT !) and risk of dilution ?????????????? Anyone know IF or when we can expect some more financial details of this acquisition ? Bullseye! ... who is trying to stay calm and avoiding turning into a bear.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next