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.

Microcap & Penny Stocks : Caye Chapel -- CAYC --- Currently Undervalued -- Ignore unavailable to you. Want to Upgrade?

To: Russell Gish who wrote (18)	5/30/1998 5:18:00 PM
From: Lal	Respond to of 112

Guys I have read with interest your posts on CAYC on this thread, and the thread started by Joe Copia as well. I am very interested in the company, though there are few things that remain disturbing despite all that is being said in its defense. This company has seen its share price fall from a high of over $5/share in February (at the time of its acquisition announcement), to as low as $.16 in the last week or so. I find it hard to believe that this was simply a result of a MM short squeeze, as described by Steve on the CAYC thread. The latest news adds nothing to what we already know. Steve insists that this is a case of "assets...trading well below their book value", and he may be right - but I am interested to hear of any other views on CAYC and its affiliates before going into the market on Monday. Thanks Larry (in London) (Also posted on Joe Copia's thread)