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Microcap & Penny Stocks : Razor's Edge Stocks

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To: GARY P GROBBEL who wrote (294)6/27/1999 9:24:00 AM
From: Tom Hofmann  Read Replies (1) of 393
 
Hi Gary:
I'm curious as to any other thoughts you have on rsis now. The whole videoconferencing/streaming video idea which seemed about to get hot a couple years ago( vtel , pctl) kind of fizzled, it seems to me, as none of these guys seems to make a profit yet. That keeps getting pushed out to next year. Videoconferencing does not seem to have caught on to me , despite theoretical cost savings (travel costs, ect.)
Revenue upswing and new product introduction looks promising.But is just under $5,000 per workstation going to catch on with current corporate view of videoconferencing?That's a lot of airline miles. An upward earnings surprise would do a lot.
Chart looks interesting, overall, with a possible bottom forming based on a historical look, but short term it looks like they broke through support around $2 and are in a downtrend.


Tom
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