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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail -- Ignore unavailable to you. Want to Upgrade?


To: Robert Morrison who wrote (861)11/25/1997 6:21:00 PM
From: Don Parker  Read Replies (1) | Respond to of 1800
 
Did a quick check of Omnidata.... Privately owned.. 10M revenue last year..50 employees



To: Robert Morrison who wrote (861)11/25/1997 7:27:00 PM
From: Bullseye  Respond to of 1800
 
How can CYI afford to do this ?

They only have $782,968 in cash and a poorly acting stock, let aside the fact that revenue projections of $20 million aren't going to be met as well as profit projections (although this is already factored into the stockprice IMO)

How do they DARE going again on the acquisition path ?
Is this their idea of generating profits ; Why not concentrating on INCREASING GROSS MARGIN instead ? This should do the trick into generating $0.25 EPS for 1998 (taking into account $40 million sales, gross margin of 38% / 9 million other expenses and taxrate 40%)

What does CYI excpect of this acquisition ? To have a rugged p-100 installed in everyone's truck ?
Why would CYI japordize **40 million** worth of sales by concentrating efforts to acquire a company for a merely 10 million addition to revenues (= NO PROFIT !) and risk of dilution ??????????????

Anyone know IF or when we can expect some more financial details of
this acquisition ?

Bullseye!
... who is trying to stay calm and avoiding turning into a bear.