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

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To: James W. Bradsh who wrote (1243)5/12/1998 10:20:00 PM
From: Filippo Zucchi  Read Replies (2) of 1800
 
Don't mean to dampen the enthusiasm here, and I hope my 1000 shares get a hell of a jump, but the only insight from the Kunlin letter was that sales are rising and hopefully at some point CYI will have earnings. Considering the accumulated deficit and the obligatory qualification by the auditors that there is significant doubt as to the viability of CYI as a going concern, the perennial 1M+ share dilution resulting from CYI financing of its operations with convertible preferred, and considering that, as it is, the stock is trading at 3x sales, aren't we entering "the greater fool" area of stock trading? Please feel free to convince me otherwise. Fil.
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