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arnold

06/08/04 12:27 PM

#8267 RE: skoobyfl1 #8265

looks like market likes news
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Nigel

06/08/04 1:34 PM

#8275 RE: skoobyfl1 #8265

Why don't you try actually reading the press release before launching into one of your pumping speeches? There is a lot not to like in the press release. See if you can figure it out.
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djharker

06/08/04 2:32 PM

#8284 RE: skoobyfl1 #8265

skooby, the negative is obvious - someone thought it was a GOOD DEAL for them to get only $25,000 for that 10% of cygx's patents they owned. Maybe they are just stupid, and got ripped off by CYGX. Or, maybe they are not stupid and feel lucky they got as much as $25,000 for these 10% rights.

I own between 30,000 and 40,000 shares of CYGX, so I sure hope we ripped them off, paying only $25,000. Like I said, I was a bit startled to see how low of a price it took to get that 10% back - wouldn't you have preferred the validation on the value of CYGX patents that a much higher price would have shown? I would love to have seen CYGX pay (and be ABLE to pay) $500,000 for those 10% rights, valuing the patents at $5,000,000.

I'm not very concerned about it, and will be buying more CYGX soon, but thought this low price deserved some discussion here.