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Microcap & Penny Stocks : VLVT (was CSMA)

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To: iknowlarry who wrote (11597)8/25/1999 7:12:00 PM
From: Michael Anthony  Read Replies (2) of 11708
 
What hype is there here? I don't get it.

I understand the outstanding is about 7.5 mill, and earnings over the last 6 months is 10c on rising revenue. At 60c it isn't like it's overpriced IMO. What is the essence of the hype? Are the numbers pure fraud? If not, I don't see why it doesn't trade at at least book value of 1.07 seeing as how it is already earning more than most $100 internet companies and is only at 60c. I don't see people screaming it'll be $10 soon or anything. Why is this one going to "tank"? Seems to me it should level off at about a buck taking into account positive earnings, a possibly profitable acquisition and the form 10 coming. I don't see the hype unless this is all out and out fraud. What am I missing? I'd like to know what everyone thinks the negatives are before buying. To me it seems undervalued, but there isn't alot of info out there. Any insight would be appreciated.
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