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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail -- Ignore unavailable to you. Want to Upgrade?


To: Lou Cifer who wrote (1500)8/14/1998 1:18:00 AM
From: Robert Morrison  Read Replies (2) | Respond to of 1800
 
Lou.

Lucky guess or can you give us the basis for your assertions. Keep in mind that the company is working on some major deals and these could close at anytime - of course the market will need to be told about these to get a lift.

For those holding margin accounts and not actively trading a fall below $2 could cause trouble. This is the nonsense with not promoting the company properly. Those who hold on as long term investors get burned and those who keep selling every time the stock goes up make the money.

Heck of a way to treat the kind of shareholders the company needs.

Once they are all fed up and gone then what do you have left? Lots of volatility which keeps even more long term investors away with the stock stuck in the "speculative under-$5" category whether it makes profits or not.

I don't think it will go under $2 and I don't think the market is going to crash per se but rather retreat with selective stocks holding up well - even if it gets to 8100.

Cyi seems to dance to its own beat and I haven't really seen the market affect the stock nor do I accept "the market" as being an excuse for a stock to be trading at under its true value.

The market has already imputed the current Asia problem into share prices and only a Federal Reserve upward move on interest rates will cause a sharp correction. Alan Greenspan would be crazy to lift rates as it will only trigger more problems in Japan.

The only concern I have is whether or not the Yanghtse River floods will be the trigger for a sharp Chinese economic slump and quick devaluation just as the Kobe earthquake was the start of Japan's problems and the El Nino fires were the start of South-East Asia's.
The markets are so margined it only takes an natural disaster to tip the house of cards over and of course the IMF wouldn't have a clue about fixing the problem other than telling governments to cut essential services etc - you know all the things that keep a country going and give it a chance to recover.

Rob