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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS) -- Ignore unavailable to you. Want to Upgrade?


To: Chief who wrote (43)3/27/1999 11:41:00 AM
From: Benchman  Read Replies (2) | Respond to of 338
 
Thanks for the info Chief.

That confirms what I had been hearing. Any news that talks about revenue coming in, is pretty good news, IMO. That shows the company is making progress in selling their products or services, and will have more revenue coming in. It is becoming more and more apparent that Bliss didn't do much research. His report says he wonders how the company will finance itself with it's current revenue stream, but FAILS to mention these new contracts coming in. As I said before, I think he used old data to write his report with. Not only that, it looks like he used an old source for his info....M&A West!! It is my opinion, just a hunch, that M&A West has the short interest. I've seen that happen with BB company's a number of times. They give some stock to a promoter or investment banker, and the promoter/banker turns around and dumps it, and then shorts it. So not only did Bliss go to an old source for info, he went to one that has an ax to grind (as we all know M&A West was let go by the company also).

Technically speaking the stock is ready to break over 2. Once it does, I think it can move much higher very easily. One of the orders I put in yesterday was for 3,000 shares at 1 13/16. Only 2,500 were filled, and the bid/ask was promptly moved to 1 3/4 x 2!! So if the buying comes in, it's going to go, IMO.

I'm looking forward to Monday.

B



To: Chief who wrote (43)3/28/1999 6:29:00 PM
From: Frank Walker  Read Replies (1) | Respond to of 338
 
Re the "AVOID" CYSS opinion from PAR biz.yahoo.com

CYSS has bungled this situation on 4 points:

1 - The "AVOID" is obviously not going to help small investors decide to buy the stock.

2 - Would a smart company pay for something that might either help them or hurt them? Well, that is exactly what happened: CYSS paid $15,000 and got the "AVOID". This indicates CYSS bosses are not very smart, because they did not know what they were buying. And if they can't even pump the stock, can they run a telecommunications company?

3 - It does not reflect well on the integrity of CYSS bosses that they are paying $15,000 to get a recommendation from PAR. This "rent-an-analyst" situation is going to create the appearance of a conflict of interest, whether or not one exists.

4 - Before the "AVOID" was announced, CYSS was hyping up IRI and the analyst: "Public Analysis & Review (PAR), administered by the non-profit Investors Research Institute, Inc., has announced that Richard Bliss, NYC, a professional analyst qualified in its unique continuing analyst program, will initiate coverage of Crys-Tel ...". Prospective investors will not be impressed by CYSS and CYSS insiders and promoters now attempting to "tar and feather" PAR, IRI, and Mr. Bliss.