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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB) -- Ignore unavailable to you. Want to Upgrade?


To: smackdown who wrote (162)10/21/1997 10:52:00 AM
From: Theo  Respond to of 1574
 
Sydney,

Yep, I agree. I doubt there will be much price movement based on yesterday's press release alone. I must admit as to being somewhat disappointed. I was hoping for more substance. The tourney is only six weeks away and I would feel much better knowing "all their ducks were in a row." Don't get me wrong, the fact that they are working on a long term deal is wonderful and shows commitment to the future, but, I would rest easier knowing that at least all the players for the upcoming event were signed by now.

It may sound petty, but, even yesterday's release did not state it was a done deal, only near completion. If I were an investor on the sidelines trying to decide whether to jump in or not, I would not, based on yesterday's release. Therefore, I don't see much movement in share price until such time as they announce the completion of the deals regarding the December tourney.

Now I'm not full of gloom as I am already a shareholder. And as such, I will profess a certain amount of relief based on the release. I bought in looking forward to next years potential and I do think inking a deal with a company like MONY for the long term will be very advantagous as far as drawing high profile players, not to mention potential profits!<g>

Theo