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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: Darrell Rosenthal who wrote (1091)8/16/1999 7:49:00 PM
From: mgland  Read Replies (1) | Respond to of 1413
 
Darrel. This is a great stock and worth your DD. Info on past press releases will give you an Idea. Financials are ever so elusive on BB stock.
All the best



To: Darrell Rosenthal who wrote (1091)8/17/1999 1:29:00 AM
From: Loren S.  Respond to of 1413
 
<<I WAS STILL, HOWEVER, UNABLE TO FIND PAST OR PROJECTED SALES. THIS IS SUSPICIOUS (?).>>

I can't give you real specific numbers. But I'll give you pieces that may give you a vague picture of the direction. I think the company brought in about $1 million in revenues last year. When another investor asked Bill Speers recently what kind of numbers they were bringing in, he said around $150,000 a month. That comes to about $1.8 million a year right now. They have been saying for a while they are growing around 15% per month in sales. The internet business is supposed to be bringing in around $1 million a year. They are bringing in increasing sales from the trade shows they are attending. The past three alone brought in $150,000.

The above is based on past and current business. I believe anime sales are growing exponentially. Past business did not include Pokemon. They are also selling some Christian video stuff that is probably bringing in additional revenue. Plus they are working on some deals as we speak. Sy and Bill both say that the company is operating in the black.

With SYCD you really have to project forward and it is very difficult to with the very dynamic business they are developing. If they sign some big deals as I am hoping they do, their current $2 million in revenues per year, could turn into much much more overnight. SYCD remains a very speculative buy, but it is no BS penny stock. It's got real hot products to sell and it is growing very rapidly.