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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries -- Ignore unavailable to you. Want to Upgrade?


To: LABMAN who wrote (2259)9/18/1999 12:13:00 PM
From: CocoBob  Read Replies (2) | Respond to of 3243
 
Labman - thanks for keeping thread alive - yes things have been quiet. I did promise to call CY this week - the two times I tried I was interrupted at work during the attempt process. Try again Monday.
IMO the last month's cool down was good. For a stock to fly from .16 to a high of $4.45 in a short time while ringing the bells on activity alerts does attract alot of investors. At that point I felt a quiet period would be good for the stock - when news comes out again the name which has not recently been exasperated in trading will ring bells to those who were in and got out and to those who missed the last boat. Also the quiet period gave brokers a chance to talk about other preferred stocks to their clients- the brokers will be back with "do you remember that stock Cy I told you about months ago...well....."
Just my opinion but NOW I feel we need company activity to re-awaken the name in the investment community. We also have to ask CY whether they have a US distribution business plan. It would have to be different and more aggressive than the present implementation plan - not because it isn't good - it HAS been for these first 3 city launches in Canada but we need a faster more aggressive plan to expand to the US with more cities implemented at a much faster rate - the existing plan (which averages @ 4 months per city launches ) would take 5 - 6 yrs to launch 20 U.S. cities - and with US competition startin to expand we can't afford the timeframe from the present implementation plan.
IMO the only way to achieve @20 US city 3WEBs at a faster implementation rate would be:
1)Financing deal similar to CallNet but on a bigger scale. The side-effect of this is dilution of the stock. The last deal gave CallNet 1.7 million shares plus warrants that which when exercised will give CallNet @ 10% stock ownership. The outstanding shares would thus increase tremendeously on a major US distribution finance deal (this maybe why the CEO's interview suggestion to reverse split the shares) Let's not forget that one of the recent free internet IPO's on Nasdaq has @ 315 million shares outstanding and is at @ $14 US last time I checked @2 weeks go.
2) A Take-over by major that will implement their own implementation plan in which case we present investors would examine and decide as individuals to hold or sell. (I believe that the escrow clause that was existing on CY (requisite by the ASE that protects a new listing from hostile takeovers ) should be expired by now or soon -which would permit such transaction to occur)

I don't want to ramble but things have been quiet for awhile.
Gonzo did return my call a couple of weeks ago but I wasn't in -(point: he does return calls.)

Tony - do you have anything to reflect before the storm ?