Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (743)	4/25/1998 12:23:00 PM
From: ed taylor	Read Replies (1) \| Respond to of 4634

Wexler, <Cyberguard is also promoted by the loathsome David Stewart. Mr. Stewart is a low-rate con artist who has caused untold grief for small investors.> You could be perceived here as a con man by trying to get others to short this stock with you. Have you responded yet to Terry's question to you re: a one product company? (does Tradewave count in your analysis?) I have to wonder what your connection is/was to David Stewart. Did you work for him at one time? This is the first and the last time I will give any energy to piontless ponderings. TIA, Ed BTW - the con man,s picks are up about 50% since January.

To: Bill Wexler who wrote (743)	5/16/1998 4:59:00 AM
From: Bill Wexler	Read Replies (4) \| Respond to of 4634

CYBG spends $.95 of SG&A for every $1.00 in revenue. Despite claims of "improving margins", Cyberguard continues to lose ever-increasing amounts of money. This is not surprising since every dollar in revenue costs nearly a dollar in selling, general and administrative expenses. This pattern of huge SG&A has been recurring quarter after quarter. By comparison, Cyberguard's competitor Checkpoint, spends about $.30 in SG&A for every dollar in revenue. Cyberguard has shown nearly zero growth quarter over quarter. For a company which claims to be in a "hot" industry, this is a good indication of just how weak the business really is. CYBG is grossly overvalued and will soon trade in the low single digits.