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


To: Kaliico who wrote (730)3/13/1999 1:58:00 AM
From: SteelerStu  Respond to of 884
 
anyone going to play TOPS -- CYSP 50/50 partner in online electronics megastore

www.electronics.net



To: Kaliico who wrote (730)3/13/1999 4:26:00 AM
From: Shane Venem  Read Replies (1) | Respond to of 884
 
"Plain and simple, who cares about Furbys and revenue?"

Someone did. The stock got drilled into the dirt after the last earnings report.

" Sure short term you're LOL, long term CYSP is prime internet real estate,"

Is it? What makes it so? Eyeballs? I don't think it has very many. Do you visit its web sites? I never do.
Is it a money maker? Of course not. That's where the lol comes in.
The company, judging from its hugely expanding losses, seems to be heading for bankruptcy court. They had 12 million from the ipo still left in the cashbox last report, and they lost $4 million last quarter. (losses have increased every quarter. Big time.) Now, instead of shoring up the bottom line that desperately needs shoring up, they are spending even more money. Even if they don't increase losses the next few quarters (which would astonish me) they are on a pace to run out of cash in less than a year. Ugh. This company is so poorly run. But with enough gullible folks who think this is prime real estate, maybe they can do another offering and foist the stock on the unwitting. Danger, Will Robinson.

But it is a good trader. Wouldn't surprise me to see it run up some more. Just don't be long when the earnings come out. That could be painful.



To: Kaliico who wrote (730)3/13/1999 9:05:00 AM
From: TATRADER  Read Replies (2) | Respond to of 884
 
Agreed, fundamentals mean little on Internet stocks...Again and again shorts get butchered on these stocks..One day reality will return, and they will have their feast but not yet.....

Recently, the shorts came out in mass on the SEVL thread...Someone who is respected on Silicon was shouting to short the stock at 5 1/4...The next day the stock proceeded to touch 10.00 a share..Ouch!!
The stock was coming out of a long-term basing formation, not the time to be shouting short with such confidence...

I am a technical trader, and never look at fundamentals...IMHO, they are a waste of time..

Again, I could be wrong on this evaluation as any of us can be..The market humbles anyone who thinks they know it all...
Here are a few technicals to chew on:
1)50 day expansion pivot
2)21 day expansion pivot
3)60 day expansion breakout
4)Stock closely strongly-holding above support line at 12.50 as SEVL did at 5.00...
5)News still not out
6)Directional Indicator crossover..
+D1=46 -D1=14 and ADX jumped to 18....still signaling only the potential for birth of a trend...like to see if move above 20
7)Barnes Moving average crossover buy signal
8)Trix and moving average of trix buy signal

If any of you on your software systems can run a systems test, you will observe that the most profitable indicators calling past history are numbers 6,7,8 listed above...

I am looking for a gap of 1 to 2 points on Monday......