Jens' and David.
I agree with your lifer theory, however take for example DVUI, a company that has a 2.1 Million float, a product second to none, I bought at .21 cents a share and then the POKeMon hit. It flew to 2.75, I hung on. After the WSJ printed an article on Wednsday that said POKeMon was not that big a deal, the stock drops to $1.25. I bought a few more thousand shares. Why? because the company has a customer list that includes Disney, Warner Bros, Plymouth Distribution / WALMART, KMART, TARGET. Future projects = future earnings. My point is......
ADOT is in the same boat,They have a product that is unique and (supposedly) revolutionary in the industry. They also have a customer list in the advertising industry that includes Sony, NEC, Mitsubishi, private companies like Keller, as well as a flat panel process that can be used in computer screens, medical scanning,.... the list is endless. Today stocks are trading on technology and future earnings as well as ties to large customers that will buy from them in the future. Earnings are still important. Future earnings are more important. JMHO
I am long on ADOT. Guess I believe in the $2.00 price range by 2000. |
