Thoughts on CYCH
(by: ANicholaus (26/M/USA) 16233 of 16307--Yahoo)
CYCH is in an excellent position, relative to EPAY, to participate in the coming business-to-business e-commerce phenomena. Take a look CYCH's web site and you'll see lists of users of its products, including notable names like Yahoo!.
The chart looks great and has formed a bottom recently. Though it has
had a nice run over the past few days, it's still trading at a
discounted market cap to EPAY despite the fact it has been a public
company for almost 4 years. This company has a more experienced
management team that I feel is better enabled to execute it's strategy.
CYCH was ahead of its time when it came public. In 1995, who would have envisioned buying books, airline tickets, participating in auctions, and all the various forms of commerce that are now taking place right before our eyes.
CYCH is in a prime position to capitalize on the business-to-business
web commerce phenomena. I think it will take some time, but it's
definitely something they could be a dominant player in.
Insiders have purchased a considerable amount of shares recently, which usually bodes well for stocks. Additionally, the chart looks to have formed a bottom and I think this is the first stage of a breakout.
Time will tell. Good luck to all. I certainly wouldn't wanna be short this thing in front of options expiration. There are a lot of contracts outstanding and anywhere abovd 17 1/2 is gonna hurt those that thought they could safely collect a premium the week prior to expiration.
Good luck to all! |
