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


To: DR. MEADE who wrote (28106)5/18/1998 12:04:00 PM
From: LaShark  Read Replies (1) | Respond to of 30240
 
Curious, why do you think it will hit 2.25?



To: DR. MEADE who wrote (28106)5/18/1998 12:16:00 PM
From: Tommy Hicks  Read Replies (1) | Respond to of 30240
 
Doc, I've seen posts that called $2.25 a ridiculously low price. Buy a butt load. I've heard someone say that there is no down side risk.

th



To: DR. MEADE who wrote (28106)5/18/1998 9:53:00 PM
From: Richard M. Smith  Read Replies (1) | Respond to of 30240
 
DR. MEADE,

>>> I absolutely love it when everybody kicks
>>> the company. I just buy more at these ridiculously
>>> low levls. See all of you at 2.25 !

I just don't get one thing. Where is the money going
to come from to pay the $2.5 million in accounts payable
that SYCR owes? SYCR only has $500K in the bank and
$231K in receivables. Sales are a little under a $100K a month.
Alot of vendors are going to want their money real soon now,
where is going to come from?

All the above numbers come from the SYCR press release
of May 15, 1998:

biz.yahoo.com

Richard