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

To: Turboe who wrote (28058)	5/16/1998 4:21:00 PM
From: DutchDT	Read Replies (4) \| Respond to of 30240

My take on SYCR for next week... In a nutshell, although the earning report was not good, I suspect that we will just be in a trading range of 0.30 to 0.35 for a while. IMO, last weeks action shook out the weak shareholders, and gave the dire a good escape route out of their positions. I think the people holding now knew the earnings were not going to be good, and are just holding until good news does come out. I know this company does not have a good track record, but compared with other companies with similar (or worse) earnings, that: 1. Do not have a sales force, 2. Do not have a retail presence, 2. Are not set up with a clear product/development/business line, And trading at higher prices. I think SYCR is ok here at these price levels. In my professional opinion, their product ideas are good and their new products will be in demand when Win98 comes out (retail versions, next month, so far). They need in need of a working, reliable, bug free product. IMO... I really think this company has no were to go but up. Can they really go down further? Everyone seems to hate them and everyone seems to question the reliability of their products. No one wants them. A contrarians dream... and a time to hold/buy? I have shares that I bought at the bottoms of last weeks runup. I plan to hang on to them. Of course, my outlook for this company could be totally wrong. Call me damn crazy. Now, go ahead and throw the beer bottles.