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Technology Stocks : CyberGuard Corp. (CYBG) -- Ignore unavailable to you. Want to Upgrade?


To: ed taylor who wrote (1420)4/4/1998 6:23:00 PM
From: Saulamanca  Respond to of 2616
 
Pretty nice piece done on CYBG from ragingbull.com from Thursday:

Commercial network security and electronic commerce developer,
CyberGuard (CYBG) bounded for a +1 13/16 gain,18.7%, to close out the day at
11 « on news that the company's OASIS eCommerce application won the "Best
of Class" award for utilities, energy, and telecommunications category for The
Internet Open Program at the Internet Commerce Expo (ICE) in Boston last
week. This award comes only a day after the company announced that its
CyberGuard™ Firewall Release 4 enterprise security software solution
earned the prestigious Software Publishers Association 1998 Excellence in
Software Award, "SPA Codie Award'', for the Best Network Security Product. For
those not in the software industry, according to Ken Wasch, president of the
Software Publishers Association, "winning a Codie Award is a coveted honor for
any software company.''

CyberGuard is a key player in the rapidly emerging electronic commerce
market. Here are a few of the other players: Internet Security Systems' (ISSX)
has been on a rampage since its recent IPO. Its current market cap stands at a
staggering $728.4 million. Also red hot since a recent IPO, has been VeriSign,
Inc. (VRSN). VRSN sports an even bigger market cap, at just over $892 million.
CYBG's market cap of $95.4 million seems a bit on the measly side when
compared to the others. Why is CYBG undervalued compared to its competitors?
One reason is CYBG's lack of partnerships with significant leaders in the
E-Commerce industry. VeriSign, for example, has a "Who's Who" list of partners
including Cybercash, Maithean, RSA Data Security, Terisa Systems, and
VeriFone. Investors may also be looking to move their monies into newcomers
they hope will provide breakthrough technology. Either way, this industry will
continue to grow, as its success remains vital to the growth of electronic
commerce (projected to be a $200 billion market by 2001). With CYBG's hot new
products and a significant partnership here or there, CYBG could be on its way to
treading water with the bigger "younger" boys. ISSX was off -3/16 to close at 44
«. VSRN hit a new high in intra-day trading at 49, but couldn't sustain the
momentum finishing the day down -3 _ to 44 ¬.