Synergy Brands-SYBR (was KRAN) Message Board

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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN)

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To: Patricia Meaney who wrote (864)	2/23/1999 2:58:00 PM
From: Bill Fortune III	Read Replies (1) of 1026

Hi Pat. I think we have all heard the old cliché, buy on rumor – sell on news. I would have to think that some of the buying today is based on rumor. Also as I look at part of the transaction log on SYBR so far today I see a lot of profit taking by many. If you think of that in this light, those who are selling today vs. those buying they are in some manner establishing a higher base for SYBR investors. No one knows what will happen when the opening takes place. We have to keep in mind the “theglobe.com” situation: biz.yahoo.com We too have need to keep in mind what has happened to recent revenues, almost double, “For the nine months ended 9/30/98, rose revenues from $3.9 million to $7.9 million. Net income from continuing operations applicable to Com. totalled $517 thousand, up from $133 thousand. Revenues benefitted from increases sales to primary suppliers and Procter and Gamble” along with a previous 158% gain in revenues for the period of sec.yahoo.com . And yes the volume is very heavy so far today with about 1,000 trades taking place. It would appear that by day's end over 20% or 1 + million of the total 5 million share float will have traded. Pat it is a tough call, but I have decided to hold a minimum of 50% of my holding is not all. I could very well be wrong but I thing SYBR has a lot going for it and may seek higher levels, possibly as high as $12-$15. Keep in mind that is a guess and is based some on company structure and a lot on what just plain can happen to internet stocks. As I post this SYBR just traded for 5 ½ up 1 1/32 or 23.00% on 905,000 shares and 1,055 trades. Good luck to you and everyone on the thread. Regards, Bill Fortune III

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