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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (160)2/9/2000 11:30:00 AM
From: Logain Ablar  Read Replies (2) of 30051
 
Hi Zeev:

Have you developed an exit strategy on VLNC? From my take the stock is being supported by a lot of hopes and not as much on a fundamental basis.

From my perspective I can't see management holding any purchase order announcements to the shareholder meeting or earnings. Doesn't make sense from a marketing perspective. No one would be holding up announcements just for the shareholder momment.

I'm guess I'm questioning managements character. If there is no announcement in the short term the stock can retrace back to support pretty quickly.

Its difficult reading the VLNC thread. Too much childish banter and wasted bandwidth.

If we do get a licensing deal or announcement I will be selling into strength. With no announcement I'll be selling into weakness.

Just some random thoughts (and the stock is extended at this level on the PnF chart, although it can become more extended).

Tim
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