CYCOMM (CYII)-on aquisition trail Message Board

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

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To: STOCK DOC who wrote (1367)	7/10/1998 3:35:00 AM
From: Robert Morrison	Read Replies (1) of 1800

Stockdoc. I know how you feel. After a lot of agony watching a good company go through the wash and spin cycles of the market it is hard to accept a quick cash out when you are/have been in for the long term. I don't really think Bud Hawk will contemplate a takeover offer unless it is extremely generous and good for the business. Don't forget it is going to have to be very generous as insiders don't have adequate control (see prior posts). I don't think $7 is realistic so don't worry about that. Heck for $7 I think all the SI and Yahoo investors could together buy out the insiders and take the company over ourselves! I wouldn't accept anything less than $20 and even then I would be deeply disappointed because this company has tremendous potential and it would be great to get the splits and stock runs that being listed allow. The only problem the company faces right now is financing growth and the higher the stock price gets the easier it gets to issue more convertible stock and a rights issue / placement etc. I think Bud Hawk has the testosterone to continue the job this given the work done to date and the strategic position he has put this company in. This has been all long term thinking and really hasn't all the hard work been done now. If he wanted to make a quick buck we would have seen Cycomm paying fat salaries, promoted on hype and no real work put into acquiring quality personnel, building backorders to allow consistent manufacturing practices and developing new product lines for the future. Bud Hawk's in his late 30's which is the time of life to do something big and important and add value rather than just sell out, pay a bundle in taxes and pile the balance into what? - a mutual fund or T Bills?. I don't care if he wants $1M in salary and $2M in options every year from now on if we keep heading where we are going. He's earned it. The company is now entering into a new 'say' five year cycle which can only be positive given the COPS MORE programme, Y2K and the exploding mobile date market for public safety and the military. Selling out now just doesn't make sense with the world finally at your feet. I would think a major computer manufacturer/retailer taking a big chunk of the company to stop anyone else from getting into bed with the company and entering into finance and marketing agreements would be the best compromise with maybe the major taking up some board position(s). Insiders can sell some of their stock if they like and bring the same benefits to the business that a take-over would deliver without cashing out too early. I remember reading once about a gold miner in the Yukon who sold his stake to a Swedish greenhorn for a sack of flour. After digging another few feet this Swede found the biggest gold strike in the history of the Yukon. In the case of Cycomm however we know the gold is there. Take care, Rob

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