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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail
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To: James W. Bradsh who wrote (1561)10/10/1998 1:25:00 PM
From: Sterling  Read Replies (1) of 1800
 
Buffalo, bears, and roller skates.

Not forgetting the lemmings, of course, we just have to wait it out. With the Russell 2000 index breaking down further, I expect your prediction of further wear-and-tear in other indexes will come true.

As far as CYI is concerned, the relatively light volume on these declines reinforces my opinion that no fundamental underpinnings have been lost. Rob is correct in drawing our attention to some large purchases recently. While it might seem irrational right now, it is worth remembering that some CYI sellers are still being forced to re-arrange their holdings due to declines elsewhere in their portfolios. For those of us who are in a stable position, it is confusing trying to understand why anyone would sell this stock especially at these levels. But these markets are putting quite a bit of pressure on many people causing them to sell at the worst possible time.

One of the paragraphs in the recent Boeing articles caught my eye and fits both with the certification testing mentioned months ago and also with the Lockheed planned installations. It's important to remember that aside from DOD awards, equipment platforms need to have some amount of interoperability. That would seem to benefit CYI.

["The Air Force will continue doing day-to-day maintenance while Boeing will handle more involved work and modifications such as installing new electronic gear and computer software improvements, said Col. Scott Stephens, director of acquisition management for the base."]

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