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


To: Matthew Leo who wrote (985)1/22/1998 7:36:00 AM
From: Robert Morrison  Read Replies (2) | Respond to of 1800
 
Matt. Omnidata scrapped?! When they announced the possible acquisition my concern/anger was the effect it would have on results being delayed...I guess management has realised this...maybe the low share price didn't help negotiations either. Is it cancelled or just postponed.

CYI is better to make these sorts of deals when the share price is up and management has a proven track record so that the stock doesn't take a battering.

Thanks for the tip.

Rob



To: Matthew Leo who wrote (985)1/22/1998 4:32:00 PM
From: Bullseye  Read Replies (1) | Respond to of 1800
 
> Rob, I understand that Omnidata deal has been scrapped.

I sure hope so .. anyone got confirmation from CYI about this ?

I've had some temporary access to institutional holdings for CYI and TRII today..

Number of institutions holding shares : CYI = 7 TRII = 23
Amount of shares held : CYI = 1.94% TRII = 22.2%

Institutional investors for CYI :
- bear sterns
- goldman sachs
- robert fleming holdings
- travelers group
- axa
- old national bancorp
- ?

Institutional investors for TRII :
- american express
- jeffrey vinik
- us bancorp
- bank of boston
- value line inc
- dean witter
- donaldson lufkin & jenrette
- ...

By the way : XL Vision inc holds 13.7% (1.300.000 shares) of CYI according to vickers.

All of the above information is based upon last sec forms of 9/97
and are subject to change

If anyone's interested, I'll try to access the vickers data again tomorrow and copy all data to a message .. Let me know.

Regards,
Bullseye!