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


To: GoNorth who wrote (2484)10/12/1999 9:09:00 AM
From: Sulayman  Read Replies (1) | Respond to of 3243
 
Sold BII way at the top......almost $31. Since that time, they have completely lost favor with investors and I have never looked back.
CY is a hot stock because they are the only free ISP in Canada. With a 135,000 users in boony lands alone, I think they are in a good psition to show tremendous growth over the next several months as they launch their service in Toronto, Vancouver and other big cities. With 22mm shares outstanding and a market Cap of around $66mm they have only up to go. They are planning on getting off the ASE and on to the TSE so that should help also. Call-Net has bought 10% in return for providing the infrastructure and they have the rights also to buy another 15% over the next five years. Call-Net BTW owns Sprint and we see a good strategic move in that for them and CY. Analyst David Wong has made many good comments about CY as have other analysts whose names I cannot remember offhand saying the price target is $7.60 although some have rated it as a speculative buy. Besides the above, I would definitely reccommend reading the past posts, it may really be worth it.