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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: Jack Hartmann who wrote (1396)5/16/2000 1:22:00 AM
From: Loren S.  Respond to of 1413
 
Jack, I have always believed that it is worthwhile to respond to bashers like ft lauderdale with facts rather than stooping down to their level. When a stock is declining like SYCD is, the bashers have a lot of power. They create doubt and anxiety among people on the fence. It becomes a snowball effect and the stock's decline can accelerate. If a longtime supporter such as myself disappears from the board and doesn't respond to folks like ft lauderdale, it will be like declaring defeat. The boards do have some influence on investors. Supporters can bring some hope to investors who might be losing it.

I must admit that I never thought I'd see these prices again. When you talk to company reps, they blame a concerted shorting effort that brought the stock down from the $2.00 level to the $1.00 level around the time the E was added. Once the stock started to decline the negative momentum took hold. As you have probably noticed the volume has been incredibly low during this decline. The stock appears to be traded only by longtime followers. There is very little new blood coming in. In order for SYCD to change the tide, they will need to bring new interest in the stock. New interest will only come from some blockbuster PRs. I have heard rumors of some big deals in the works. I have no idea when we'll see the news we need in the PRs. I think that since they've become fully reporting, they are much more careful about releasing news about deals that are not real clear cut done deals.