Bob,
The poster who indicated that the shares were at 19 million and not 17 million was me. Go to Edgar and look at the latest 10K and you will see near the top the number of shares outstanding at Feb 7, 1997. The shares used in the financial reports are the average number of shares outstanding. I still don't know where the extra 2 million came from. This is what Jeff and Elizabeth are worried about. All of a sudden there are an extra 2 million shares outstanding with no explanation. I have been on a rocket ship like this before and there was time to exit the position, but I did not know how to read the stock action. I believe you will see higher prices on SYCR, but I also believe the stock will eventually tank, big time. I hope everyone is aware that this can happen and if it does, I hope everyone sells their shares as the principals do their selling. There will be plenty of lemmings at the time to suck up the new shares coming to market. That will be your first clue. When all looks excessively rosy, that is time to sell. In the meantiime, for agressive traders, I beleive you will be able to pull one to one and half points out of this stock on numerous occassions before it tanks.
Incidentally, I don't see the need for Windrenalyn. I work in Windoze 95 and simply start my application and then minimize it to the task bar during the day so that I can call it back instantaneously if I need it. This appears to me to limit the need, although I would like to hear facts to the contrary.
To Bryan: This is my opinion and it differs substantially from yours. At this time it is too early to tell who is right. If you feel a need to flame me, flame away. There are too many novice investors on this thread that believe this stock is going up and nowhere but up. Liz is right, you do not have a profit until you sell. There have been people taking loans out to buy this stock. This is a very dangerous situation and caution, not optimism ought to rule the day.
--Scott |
