Stamp Of Approval For CylinkGary Weiss
Cylink (CYLK) supplies security products--encryption technology and other software and hardware--for computer networks. And like all other high-tech outfits, it has had long-term growth in its share price and an ugly short-term performance. At 11 7/8, the company is trading at half of its 52-week high, which it reached on Mar. 7. That's bad news for its shareholders--and terrible news for its largest holder, Kopp Investment Advisors, which owns 7 million shares. But instead of dumping its stake, Kopp has been adding to its holdings.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.