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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)
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To: Kashish King who wrote (26647)2/17/1998 11:32:00 AM
From: (Bob) Zumbrunnen  Read Replies (2) of 30240
 
I, too, have been watching and expected a "massive powerdive" this morning, and had hoped to catch it in an "oversold" situation. At this point, I think a slow decline is the more likely scenario. I still think it's overvalued in light of the financials. And I don't place any faith in RP's statements these days. He's the same person who assured us of at least one "home run" product each quarter.

The company is now doubly-damaged goods. I think it'll get a lot cheaper than it is now, but if it gets down low enough, it can bounce hard on anything resembling seriously good news.

BTW, some of us have made decent money in this stock and will continue to do so.
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