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

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To: Valery Portnov who wrote (1246)5/13/1998 8:08:00 AM
From: James W. Bradsh  Read Replies (1) of 1800
 
Agree that some common sense is needed here, but the same applies to all investments. Pure turnaround situations have to be evaluated on a different basis than others, with an estimated value of the company AFTER it turns profitable. Yes, it is guess work and each investor must make his/her own decision on what the future is worth. If you consider the value many put on much pure "garbage" on the markets, and compare to CYI (and its prospects), it is (imo) still quite undervalued, and thus would consider a price between $5 to $6 a basic fair value today. It certainly will have to produce consistently rising profits subsequent to that point to gain further price increases. Believe the odds are in its favor for several years to come.
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