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Re: tibbcat post# 24835

Sunday, 11/27/2005 3:40:14 PM

Sunday, November 27, 2005 3:40:14 PM

Post# of 64738
Tibbcat: My average cost per share is under 30 cents. I bought almost all my shares by last November or October. I haven't sold a share since then, although I wish I had sold half of them last December when it was in the 90 cent range. Then I could have bought when it dipped into the 30 cent range a few months ago. None of my investments have gained 50% in the last two weeks. However, I have held investments in companies that have actually lived up to their potential. Amgen, Countrywide Credit, Microsoft and PetroChina come to mind. I no longer hold any of them, and I probably sold two of them too soon, but I made some significant profits from them, enough so that I now only work part time and I am not yet 50 years old. Now, CYGX has a lot of potential. I just want management to realize some of that potential before other competitors bypass our technology with something even better. In the pharmaceutical/biotech industry, time is of the absolute essence. Patents expire. Competitors come out with new and improved compounds. Management's performance, thus far, has not been stellar. Even you have to admit that is the case. Missed time lines, failure to obtain adequate financing other than the dilutive cheap share sales that Wunderlich employs. Not to mention the over abundant share option rewards that they have given themselves at the expense of the other shareholders. Yet, my hope is still that they can parlay synDNA and build a real pharmaceutical company. I hope we hear some great news soon. Hell, I hope we hear ANY news soon. At least then I would know that management is still among the living and were not blown away by one of the hurricanes. One final point, I may question management, their decisions, past lack of coherent focus and failure to be responsive to their shareholders. But I am not a short and I am not your enemy. I am held to a certain standard where I work. Mistakes can be danderous, perhaps even fatal. I have high expectations for the companies I invest in. I simply want Malcolm and company to live up to the rewards that they have potentially afforded themselves. I hope you and all the other regular posters had a fine Thanksgiving. I certainly did.

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