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

To: BOOYEAH who wrote (1563)	4/30/1998 11:46:00 AM
From: uu	Read Replies (1) \| Respond to of 2616

Unfortunately I did not listen to all of the conference call held this morning. But from the little I listened I got a very upbeat impression of the next few quarter's business. Europe is doing extrmely well (Germany and England), and CEO's confidence in the NT firewall prodouct and its potential for huge revenue was very comforting. Despite the huge shorting that is going on today with CYBG, the stock is holding up pretty good. Huge blocks are being bought at the ask size (See quote.com ). These blocks are being dumped by shorts (most likely) and are gladly taken away by the smart money! Had this not been the case the huge blocks dumped would have caused the price to drop by far more than a $1 at best. I just bought a bunch more shares at $14.5 and will be adding if it falls to the $12-$13 range (not impossible but highly imporbable). Perhaps the most impressive part of CYBG's performance during last quarter was that they managed to increase their unit sales growth by about 108% (i.e. doubled it)! If CYBG ends up being up for sale (and I highly doubt this despite all the idiotic rumors that are going around, since I strongly believe they can do very well on their own), a company such as Microsoft will definitely be very interested in their 108% unit sales growth! Regards, Addi Jamshidi