Cayenne Software (CAYN) Message Board

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Technology Stocks : Cayenne Software (CAYN)

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To: Chatty who wrote (969)	7/9/1998 10:03:00 AM
From: G. H.	Read Replies (2) of 1096

Chatty, The fact that they have not hired a new C.E.O. can be viewed in one of two ways. Number one, nobody wants to become associated with a loser, but I doubt that given the nature of human greed, or number two, they are not going to hire a new C.E.O. because they know the company will be bought. I have a theory about the recent purchases, could be that Cayn hired this law firm to help with (strategic alternatives) sometime back and certain persons knew this, so they buy shares on the open market. If this holds water then people out there with average cost basis of around two $ can feel a little better due to the fact that this level is seen as a good deal to the insiders who bought. But of course this is pure speculation on my part, we are simply going to have to wait and see or sell for huge loses, the latter is not my plan. Good luck Henry

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