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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: RikRichter who wrote (3895)	8/27/2003 10:53:06 PM
From: Crossy	of 37387

Rik, re: LUMM & NVEC LUMM .. I remember that one - it was the first time ever that a brokerage initiated coverage on a stock with a SELL rating .. <g> I saw the same credentials back then and I avoided LUMM ... NVEC appears better, you cannot look for sales here, they don't produce anything - it appears to me they are an IPR (Intellectual property) company. IT's very tough to analyze the merits of such companies, probably similar to BDC's (business development type firms) or venture funds but they own patents, trademarks and rights not companies in their portfolio.. It's still not something I would like to buy (too expensive) but I certainly do not question NVEC's financial stability - it has a solid balance sheet.. rgrds CROSSY

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