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Microcap & Penny Stocks : Caye Chapel -- CAYC --- Currently Undervalued

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To: Steve who wrote (3)4/23/1998 7:53:00 PM
From: Richard L. Williams  Read Replies (1) of 112
 
Steve--
Just wondering...any idea on why Caye Chapel's stock has been getting slaughtered? When we first heard of CAYC, their stock was around 3 3/4, now it's just over 1/2. That seems to be terrible treatment for a company with all it has going for it like CAYC.

Do you know if 1)CAYC is doing Reg. D or Reg. S? 2)CAYC management is selling its own stock like crazy for cash? or 3)If CAYC is paying everybody with stock since they really don't have any cash?

I doubt you can answer any of the above, but as an OLEX investor with a bit riding on CAYC, I have been stirred to ask them.

Cheers!
Rick
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