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

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To: Robert Morrison who wrote (1154)3/25/1998 10:03:00 AM
From: Matthew Leo  Read Replies (1) of 1800
 
<<I say give a stock promoter a pile of shares and let him go for it>> I think we've done that($ - not shares)and we did not get much bang for the buck.

There are many companies in the same situation as Cycomm. Companies with product, $, and a future that are just mired in a trading range.

Perhaps it's the sector. Small/micro caps are just not happening.

Perhaps it's the risk - for most brokers and firms their E&O Ins. does not cover stocks under $5. Funds don't buy such stocks either.

Cycomm's price will go up as revenue grows and earnings (NOT losses) appear on the balance sheet. I'm banking that Bud does this soon in a big way.

Best wishes for us all.
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