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I agree with you Chris that CYCH is a frustrating place to be invested. It has several of the things I look for in a company, Good product, high market share and some barrier to entry. Given that they have a large majority of the market for electronic payments and that most major retailers use their product, it seems it would be hard for others to break into the market. When I bought in Jan 99. (at 20, ouch) I read about how many of the place I bought used CYCH's product and figured it was on its way to becoming the industry standard.

Now 18 months later, and the stock 75% lower my original thoughts really haven't changed. CYCH is the market leader and continues to sign up new accounts. I have to admit to some confusion as to the decimation of its share price. This is not an e-tailer or a B2C or even B2B player which will probably never make money. It is a company that provides a product that should allow it to make money.

Anyway just my rantings on the day I tripled down to average down about 50%. Even if CYCH never gets back to my new average price of 10 9/64, I am betting it will go up beyond 5 or 6

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