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Microcap & Penny Stocks : Syncronys Softcorp (SYCR) -- Ignore unavailable to you. Want to Upgrade?


To: David Culver who wrote (26761)2/17/1998 9:13:00 PM
From: Kashish King  Read Replies (1) | Respond to of 30240
 
I think like-minded individuals like Him and Forte will continue to hang in here but there are more people moving to more productive pastures. The only thing greener here in the ditch is the algae. From Yahoo!

Date: Feb 17 1998 9:55 A.M PST
Reply To: Msg. 101 by Casonwi

The faithful seem hanging on..while the insidiers are selling. The amount of people who spend all their life being faithful on here and SI thread is phenomenal. Wonder why they dont spend enough time reading SEC filings and 10Q reports dating all the way back?

Here's scoop:
Israel subsidiary had about 400k shares that become eligiible to sell out now, not to mention many others.

Windrenalin developer Acceleration Software is given about 800,000$ letter of credit which note due and payble in Feb 98. Wonder where all money is going to come in given the negative revenues of late. May be further news will have to wait the next quarter. This gives enough time to clean up the inventories of stocks owned.

Where is the funding coming for the next 6 products in next 6 months...



Apparently he hasn't heard the big news: Niel met somebody who thought Big Disk did great things (not defined) and he wasn't even a SYCR hypemeister! Wow!



To: David Culver who wrote (26761)2/17/1998 9:26:00 PM
From: Kashish King  Respond to of 30240
 
BTW, here's another question which Him and Forte seem to have overlooked: how much did Syncronys agree to pay for those products which actually carry whatever sales Utility Belt may have generated? I can assure you that they are not allowed to give away UB for a song and not compensate McAffee and the others. It would not surprise me to discover that they committed to X copies and fell short. Syncronys was essentially getting an expensive piggyback ride from legitimate products. When they were strapped for cash, they practically gave the thing away but I doubt that released them from their obligations. OOPS!