SI
SI
discoversearch

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


To: Michael Brian who wrote (1863)7/27/1998 7:11:00 AM
From: Dr. Seuss  Read Replies (1) | Respond to of 2616
 
<<<We know CYBG is a 1999 turn-around story.>>>

I think you're short by a year. It was a 1998 turn around story.

The story is, in 1997, when realizing that * CYBG stock was plunging below $4
* They had a decent product that wouldn't sell
* Too much competition and
* A cash burn rate that made NASA jealous

CYBG started a hype, pump and dump campaign (including enlisting folks like Gas Ping MD) to hype the stock on SI that ran the price to $18 so the insiders could make some money before going under. It's been dropping ever since.

Every once and a while, they release more BS unimportant news like the Microsoft announcement last week. A bunch of suckers buy lots of stock, the price goes up for a few days and the insiders unload boatloads of worthless paper at $11/shr.

See you all below $4 in the next few months.

Dr.Seuss@my.car.don't.knock.NO.GAS.PING