Three Amigos Stock Thread Message Board

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Strategies & Market Trends : Three Amigos Stock Thread

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To: Prof who wrote (9909)	10/28/1998 12:50:00 AM
From: Ken W	Read Replies (2) of 29382

Prof, CYCH: I'd be careful here as CYCH is an internet stock...and I'm leary of shorting them due to the volatile nature. TA wise 8.12 appears to be of some support, which it has been toying with for the last two days. FA wise, the thing sucks, as most internets do, but that seems to make no dif. to the buyers of these things. They have 5 million more shares out than they did last year, lost more money and have more obligation to perferred share holders than ever and we know that perferred comes before common. They have debt that I can't even begin to fathom. IMO the stock is worth about .125, but I don't run the market. Anyway, if you are real hot to short the stock, I would not do it above 8 and on heavy selling pressure and then only for 1/2 to 1 point to cover. Ken

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