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Re: Captain Crunch post# 18435

Tuesday, 05/03/2005 8:13:38 PM

Tuesday, May 03, 2005 8:13:38 PM

Post# of 64738
These insiders bought (or excercised options) at 37 cents a share, which is 9 cents MORE than my average cost on @ 200 K shares. Good news on the horizon, how far off on the horizon is anybody's guess. But I would not want to trade in and out on this stock, hoping to buy in cheaper. Any more good news and we might go over a buck a share, and you cannot tell when something positive might come out. The DNA venture came out of the blue and caused the big run up in December. My guess is some type of financing deal, perhaps mortgage financing to build the DNA plant. If I were an aggresive Houston banker, I'd risk next year's bonus and go out on a limb and lend them several million to build the DNA plant, then hold a mortgage on the property. If CYGX makes it, they would be a source of revenue generating business for the bank going forward. If they don't make it, the bank would still have the building as collateral on their loan. No risk, no reward. Interest rates are still favorable. I for one am anxious to see what develops over the next several weeks.
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