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Microcap & Penny Stocks : SYCONET.COM (SYCD) THE NEXT AMAZON? GET IN EARLY. $.31 -- Ignore unavailable to you. Want to Upgrade?

To: Loren S. who wrote (1052)	8/11/1999 11:50:00 PM
From: Pete NY	Read Replies (2) \| Respond to of 1413

I agree with fuddle in some respects and the rest of you on others. Day trading can hurt the pocketbook if you are greedy and ignorant...otherwise it can be very lucrative. If you can remember, I was trading SYCD from the 40 cent to 60 cent range for a couple weeks. When I saw the breakout I jumped in again, big...but sold off yesterday. I made money all along the way. I am now going to wait and see what trading patterns evolve. The big reason why not taking profits on penny stocks is poor judgement cause what goes up fast usually goes down fast. Make some money and don't be too greedy. The main reason why I am not holding this stock is because the lack of financials. The first round of "E" letters came out for BB stocks...meaning, those companies have 30 days to file and become fully reporting. They are making their way down the alphabet and will get to SYCD soon...so filing should be a priority. The stock price will not matter...filing will. Until they file, I will not hold...only trade.