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


To: port_mgr who wrote (1873)7/28/1998 6:49:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 2616
 
Regarding the Cyberguard fraud...

Making money is never boring. I'm not thrilled that a portion of my profits are at the expense of small investors who may have been innocent victims of this scam - but those are the breaks. Cyberguard began tanking before the market turned south - after it became clear that the "buyout" rumors were false.

The bottom line is that I am 100% correct about the Cyberguard fraud. The facts are clear. The SEC filings speak for themselves. Management's performance has been lousy, insiders have been dumping stock, and the company must keep diluting the stock in order to get more cash.

CYBG will eventually, and inevitably, trade in the low single digits.



To: port_mgr who wrote (1873)8/3/1998 5:52:00 PM
From: Bill Wexler  Respond to of 2616
 
Immediate strong sell - short sell recommendation CYBG

Much to the dismay of the victims who purchased shares in the CYBG fraud, the stock has been relentlessly dumped. Now that phony "buyout" rumors have been disproven, the company is now resorting to issuing press releases of mundane "alliances" with Microsoft. The company's recent press releases are akin to a software company issuing a statement that they'll be using Microsoft C++ to develop their products.

Microsoft is not buying any products from Cyberguard, nor is Cyberguard earning any additional revenue. In fact, Microsoft is competing with Cyberguard, making its firewall products obsolete.

I believe that the recent round of press releases smacks of desperation. Furthermore, the stock remains grossly overvalued and will soon drop further.

Sell CYBG immediately and short at any price over 5.