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Technology Stocks : CyberShop International, Inc. (CYSP) -- Ignore unavailable to you. Want to Upgrade?


To: IronMill who wrote (721)3/12/1999 11:10:00 PM
From: GregS  Read Replies (2) | Respond to of 884
 
Ironmill, please tell me what CYSP has done that makes them a more attractive acquistion target? Or what have they done to improve profit margins? This YAHOO deal certainly doesn't address either one of those issues.

Yes, CYSP has made previous deals with other portals, and they still have lousy results. Their stock price still was in the 6's with those other deals, and it will go back there and lower over time. They've been in business too long to be called a start up.

Hell, I had never heard of them before today's runup.

And oh yea, the IBUY deal, Compaq got killed on that deal, paid way to o much, and CPQ's stock price has been in a tailspin lately as well.

Nobody is looking to buy this company.



To: IronMill who wrote (721)3/13/1999 12:02:00 AM
From: Colin Cody  Respond to of 884
 
You hit that on the head! CYSP was traded actively around $20 then after the last quarter everyone sold and went elsewhere for fast action. Now that the company is showing they are not just a one trick pony, I see us back at $18 to $24 next week.

Colin