Hi folks. I can't add anything to the CSMA thread that you don't already know, but I do have something to report on A company called Hyperdynamics, HYPD, a company I posted concerning, during the first week of September, and now offer an up date.
I purchased stock in this company on September 1, 1998 and started a thread on SI. Share price has steadily moved up on very light volume from about $1 on Sept. 1st to close today at 1 9/16 by 1 5/8, well over 50% in less than 4 month.
There is good volume today with volume and share price expected to continue its upward movement at a strong pace.
This company is closely held with small real float. It is not widely known but should become well known in the next few months, with strong growth in share price expected.
The news releases expected back in September are a bit late in coming, as they sometimes are, but are expected to begin just after January 1, 1999, with several news releases and company reports to follow. They are expected to center around new acquisitions, executed contracts with good profit potential, developments in MIS systems involving a major player, establishment of financial arrangements, 2nd quarter 1998 ending December 31, 1998, earnings reports and other important company related developments.
HYPD is an internet/IT integration and communications company that plans, designs, implements and manages information systems and provides integrated wired and wireless voice, video and data communications for its customers.
HYPD is a reporting company.
Some comparative internet related stocks familiar to some of you are.:
YGLO- the Globe (sells internet advertising) yesterday's close $40 1/8 Sales- 1.7 M; shrs 9.8 M
EWBX- Earthweb (technical net infor) Yesterday's close $40 1/8
Sales - 2.2 M: shrs 7.9 M
GNET - Gnet (site network) yesterday's close $33 3/8
Sales -7 M; shrs 5.9 M
HYPD- Hyperdynamics (internet/IT integration and communications) yesterday's close $1 1/2 shrs 12.2 M
While this information is believed to be true and accurate, as always, you should do your own DD.
I will be following this stock and will post on the HYPD thread the news releases and company reports as they become available.
Thanks folks.
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