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

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To: port_mgr who wrote (1873)7/28/1998 6:49:00 PM
From: Bill Wexler  Read Replies (2) of 2616
 
Regarding the Cyberguard fraud...

Making money is never boring. I'm not thrilled that a portion of my profits are at the expense of small investors who may have been innocent victims of this scam - but those are the breaks. Cyberguard began tanking before the market turned south - after it became clear that the "buyout" rumors were false.

The bottom line is that I am 100% correct about the Cyberguard fraud. The facts are clear. The SEC filings speak for themselves. Management's performance has been lousy, insiders have been dumping stock, and the company must keep diluting the stock in order to get more cash.

CYBG will eventually, and inevitably, trade in the low single digits.
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