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Microcap & Penny Stocks : VLVT (was CSMA)

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To: tradesman who wrote (7369)5/30/1998 4:09:00 AM
From: TraderGreg   of 11708
 
It(CSMA) is, was and always will be a penny stock which would be overvalued at a nickle... I do however, kinda like Netscape

Overvalued at a nickel? A $1.2 MM market cap would be too generous?

A few months after its IPO, when NSCP hit pre-split 150s, it had a market cap bigger than CBS. And like CSMA, it hadn't made a single dime in profit yet.

I always thought CSMA needed some kind of Internet presence.

TG
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