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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS) -- Ignore unavailable to you. Want to Upgrade?

To: Chief who wrote (301)	7/25/1999 4:19:00 PM
From: Andrew H	Read Replies (1) \| Respond to of 338

Well, I am am skeptical about the buyout rumor myself but it is indeed interesting in light of the current run up. I would have to agree that the Abovenet news was excellent and gives immense credibility and validation to the company. In regards to the movement of the stock this coming week, it is of course always difficult to predict short term stock movement. But the trend is clearly higher and the stock has been holding its gains nicely. If the company has more news, especially of the Abovenet variety, we will certainly move higher. CYSS could also rise with the IPO of Net2phone (on Wednesday), which should be a great success. NTOP IPO should draw attention to a variety of Internet telephony stocks, as VOIP is currently poised to become the new Internet frenzy. An important factor here is the small float--any substantial demand can move CYSS higher very rapidly because of the tiny float. Any idea if the short position still remains large? Or has much of it been covered. As we all know further short covering could also fuel a rally.