The rest of the internet stocks are getting hammered (profit taking I'm sure) and CYCH is UP?!? In light of its history, I find this odd. Ave. volume doubled. Anybody hear anything?
CEO of the company (whose name I should know, but escapes me right now) was on CNBC this morning fora 10 minute interview. Not a whole lot of new information, but he made some comments about hopefullybecoming profitable by the middle to the end of 99.Could be the reason, sounds as good as anything else.Charles
Maybe somebody watched Rukeyser... DCLK is up too.Good luck,George
Bloomberg posted a story (sorry, I don't know how to link) stating that CFO Jim Condon expects that company will be profitable in 1999; that company has no debt; that InstaBuy's gains in popularity among Internet retailers will "lead to some of those Internet highs"; that Condon doesn't anticipate selling the company, as "the price for exclusivity is roughly twice our share price" and that the company is happy with its relationship with Microsoft Corp., all according to CNBC, where Condon appeared this morning.
Thanks for the info.To include a link just type exactly the following in the text box:http://www.yourlink.com (don't worry about the hyperlink)It should automatically be hyperlinked after you submit it.BTW, I went to the Bloomberg site and to get that story I think you have to be a member...
Try this:http://www.techstocks.com/~wsapi/investor/reply-7237880for the link to the Bloomberg article. I'm not a member; I got there through Silicon Investor (also not a member.
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