CyberGuard Corp. (CYBG) Message Board

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Technology Stocks : CyberGuard Corp. (CYBG)

CYBG 0

-100.0%

Jul 23 5:00 PM EST

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To: stephen allen who wrote (1650)	6/1/1998 11:57:00 AM
From: Terry Menia	Read Replies (1) of 2616

Was talking this weekend with a CPA who recently sold his firm to one of the big 6. He said the larger firm's consulting arm is growing at about a 60% annual rate vs. 10 - 12% for the more conventional accounting services. All the big 6 firms see consulting as a major way to grow their businesses. This can only be a plus for us. Bill's right - the company did "dilute" the stock - but in a VERY positive way. Instead of raising more cash to run the day-to-day business they decided to enhance shareholder value significantly. In a buy-out situation this new business segment can only give us more value. Also says they must have enough cash flow from on-going business for the moment, anyway. I applaud BC's vision. I also believe Cooper's had a part in this - either found Arca or endorsed them. Seems like we got them fairly cheap too - $7.8M is nothing. Wexler will have some stupid comeback but I suggest we ignore his brand of poison and look to a brighter future as a result of deals like these.

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