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


To: Sterling who wrote (1673)2/6/1999 5:13:00 PM
From: James W. Bradsh  Read Replies (1) | Respond to of 1800
 
Chris, would love to see a quick merger, and certainly agree that there is strong business potential for CYI's type of computing products and that opportunity abounds. Should merger be the outcome, it would certainly appear the business would migrate into stronger hands, and therefore holding the stock position would be very favorable.

The faster this takes place (if it is to take place) the better, as I feel any lengthy delay (say 45 days or longer) would be viewed in a very negative light and nervous shareholders would be likely to panic all over again, driving the price to a level I do not even wish to think about. Holding steady through March may be the best strategy, for we certainly would appreciate the possibility of somewhere around $3 per share in value of acquiring company shares or cash which is a lot better than dumping at $1 now. It's admittedly a gamble, but the reward of holding for near term possibilities seems to outweigh the risk of waiting. So, sittin' and a'rockin'.