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To: Sultan who wrote (1867)	10/26/1999 8:00:00 PM
From: Digital-Fluid.com	Read Replies (2) \| Respond to of 2782

Time to fold I bought CRY a while back. However, after learning the details about today's conference call, I will be selling my shares tomorrow. There are way too many negatives: - Nasdaq approval now looks doubtful or at least won't happen until next year - way too many stock options and warrants - negligently not hiring a public relations firm - no stock split In other words, there is nothing to look forward to for the rest of the year. And we all know what happens to the stock price soon after each earnings release.

To: Sultan who wrote (1867)	10/26/1999 9:34:00 PM
From: DaveAu	Respond to of 2782

<<One other positive was the comment that before they are listed on nasdaq, per their american advisors they will do something re. the outstanding options to reduce them significantly. Now I am not sure what they'd do but could be that they will exercise them and hold.. >> Sultan, The way I remember it, Andrew said there were a number of discussions with their advisors but there was "no resolution yet". What I take this to mean is that the advisors don't like to see so many warrants but its not likely to change soon. The Rivkins have no money to exercise the options unless they were to sell some of the shares or take out a loan with the shares as collateral. I know they won't want to sell any unless the price gets much higher. I believe the warrants only have about 15 months to expiry so the Rivkins have a real personal incentive to get the share price up soon. I personally don't see the warrants as a big issue. I was aware of them when I purchased. The company always lists the fully diluted earnings in the quarterly results so only a complete idiot wouldn't have been aware of them. The only effect I see is that the company's capitalization appears lower on first glance which may keep some institutions from looking further. Dave