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


To: Don Parker who wrote (1190)4/5/1998 7:36:00 AM
From: Robert Morrison  Read Replies (2) | Respond to of 1800
 
Don. Mr Gangemi brings a lot of credibility to Cycomm through his track record and obviously he will be the driving force for Tempest in the next 12(?) months.

As a follow up to my last post after looking at the 10K again it is mentioned that the Slice has been shut down with all remaining stock sold in February and the division disappearing other than to licence the encryption technology in the future (2 licence agreements presently in force). Disappointing news but not surprising as there didn't seem to be any commitment or money to make this product a hit in the market. I suppose the working capital freed up will be used to support PC Mobile inventories so what can you say other than let's hope it all means a better/faster profit timetable.

Rob