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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail
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To: Bullseye who wrote (1007)1/28/1998 3:54:00 PM
From: James W. Bradsh  Read Replies (1) of 1800
 
Well, it seems to tell me that the street is still skeptical of CYI's profitability prospects. No demand for the stock as of today. It is probably a case of "show me" before others will get interested. This is why, it was stated, "We elected to not to pursue the acquistion of Omnidata in order to accelerate Cycomm's profitability sooner in 1998. The acquistion would have been non-accretive to earnings through the third quarter of 1998." Mr. Hawk wants to get positive earnings reported asap, and when that happens we should see a beginning of street interest. It may well take two-three successive earnings increases before there will be much excitement. Incoming orders are now critical in order to produce the profits later in the year. So we now must wait as things come to fruitation. We can drink no wine until it's time!
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