Crys*Tel Telecommunications.com, Inc. (CYSS) Message Board

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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS)

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To: ajs who wrote (222)	5/8/1999 10:15:00 AM
From: Chief	Read Replies (1) of 338

ajs, Yes, indeed CYSS had a delightful trading day. Clearly, the last hour of trading was explosive with many significant blocks going off at the ask. This stock is so thinly traded that it won't take much volume to take out the offer. Should this type of buying pressure continue next week, CYSS will move up smartly (IMO). Further, if we challenge the resistance at $2.12, I believe we will see a sustained movement to the old highs. CYSS officer have hinted that an announcement is possible by the close of next week. I was not able to dig out the nature of this announcement, but they have captured my interest. I will add to my position if there are any more dips in the price. However, a call from a friend in Virginia suggested that we are alternatively taking out the offer. I was able to buy on four occasions this past week. I remain long CYSS and have accumulated a significant number of shares for my portfolio. Further, I received a call from a large investor who advised me that he will come back into CYSS and purchase a large block of shares after the stock breaks the resistance at $2.12 . Any thoughts ????? Warm Regards, Chief

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