anyone holding, any thoughts on this share as i see city equities are buying up stock for clients

anyone with news on this, seems to be in freefall as such, mostly buying with low vol

Check out the Broker's note from Seymour Pierce:

http://www.seymourpierce.com/pdf/Cybit_April2003.pdf

Once the headline figure of an estimated 800% increase in revenues to 31/3/02 becomes more widely known, I'm sure a number of others will recognise that, just as they say, this great little company is "undervalued", with excellent prospects.

They also make an interesting comment at the end of the research note, "Within two years the management have grown the business from virtually nothing and we see no reaon why its client base should not continue to expand. Looking forward Cybit will have to be a consolidator or be consolidated. Our prediction is the former."

Strikes me as a not too subtle hint that they may be planning some further acquisitions (would fit with the recent changes in share structure). Also I find it encouarging that, in order to conserve cash, the management have agreed to take part of their renumeration (I estimate approx 184,000 worth) in shares.

49 mil traded today not a mention anywhere seems strange that, not a lot in money but still high volumne and recent broker reports upbeat, makes you think something is a foot, i have mil or so of these so hopefully good times ahead

On the move again today - low volumes so far but two market-makers have upped their bid-price to .4p

Expecting a serious move northwards as results date nears (end of May, beginning of June)

up again rumours are abounding about this share volumne rising steadly reports of interest from other quarters of sector nothing confirmed of course
remains to be seen i hold bought with profits for long term

up again must be a few people holding,anyone with any thoughts ?

another

Interesting company. I do know of a major communication company with a really substantial fleet who are considering the product. Staff aren't too keen (what a surprise!) but company is very much project based, and has problems with staff abuse/fraud as it is so huge - so ideal, to ensure max reduction!

Completed the next 6 month trading period on 30 Sept, so interim results should be out hopefully soon (last year 14 Nov). Results should be good, but the 2 half of the year should be better!

Should be a good long term buy!

Interesting day for this share!