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Strategies & Market Trends : 50% Gains Investing

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To: JSB who wrote (11769)11/6/1999 8:20:00 PM
From: Richard TsangRead Replies (3) of 118717
 
JSB and Dale, after doing more DD on VoIP stuff, I found this White Pine Software (WPNE) to go with my BOSC. It may become another RNWK. Have put some IPO profits into this for the mid-term. The chart looks good. Formed a triangle, and a cup and handle in the forming (only thing I know about charts so don't ask me anything else, LOL). May break out before long. Take a look if you still have room for tech (just checked you portfolio, maybe you are already too high in tech, sorry).

WPNE develops, markets and supports multi-platform desktop multimedia software that facilitates worldwide video and audio communication and data collaboration across the Internet, intranets, and other networks. For the six months ended 7/2/99, revenues rose 37% to $5.1 million. Net loss fell 42% to $2.6 million. Revenues reflect the introduction of new conferencing client software. Loss also benefitted from reduced marketing, travel and living expenses.

For the 3 months ended 10/01/1999, revenues were 2,909; after tax earnings were -1,155.

BTW, I continue to like and support the way this thread is conducted, FWIW.

Rich
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