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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries
CY 23.820.0%Apr 16 5:00 PM EST
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To: john who wrote (1702)5/19/1999 12:42:00 PM
From: BLZBub  Read Replies (1) of 3243
 
I saw a guy from AIM funds on Investors Online (CDN TV show on Saturday @1pm EST). He said the strategy employed by most of these internet smallcaps is to: i) create some excitement about their product/service; ii) get the stock price up ; iii) raise capital at the higher stock price to shore up the balance sheet; iv) worry about revenue and profitability later. So now is a logical time for CY to raise capital, as they will need it to build the infrastructure in Toronto and elsewhere.
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