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Technology Stocks : CyberGuard Corp. (CYBG)
CYBG 0-100.0%Jul 23 5:00 PM EST

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To: Terry Menia who wrote (1760)7/10/1998 8:20:00 PM
From: Bill Wexler  Read Replies (2) of 2616
 
The Cyberguard (CYBG) fraud drops below 9 a share.

Cyberguard recently ran to as high as 17 a share when false "buyout" rumors were ciurculated about the company.

Cyberguard has never returned earnings to its investors. It's stock price is only moved by rumors and hype. However, even that is starting to wear thin. A few days ago, Cyberguard made a lame attempt to cash in on the internet stock mania by releasing a non-news item stating that it is "considering" the sale of its search-engine "technology".

This last desperate attempt to pump the stock price speaks volumes about how rotten the business and incompetent the management is.
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