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Technology Stocks : Noise Cancellation Technology (NCTI)

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To: Phatt Jake who wrote (2752)5/20/2000 6:18:00 PM
From: Pat  Read Replies (1) of 2775
 
Hello,

New poster, recent buyer at .70 and .51. The financials, although not stellar, finally show some breath of life with this company. Timing blows with current market trend, but new offices and two nice contracts in ONE month may indicate a trend-more deals-was hoping for floors at .65 and .50, but those have broken. At least with all the stock, interest rates won't have much of an effect on their balance sheet. This company reminds me of ABSC, who licenses gene screening technology to the big drug companies. I sat with that stock at 4-8 bucks for a good 6 months after people started talking about it in chat rooms/small magazine articles-then the deals began to ramp up and the thing skyrocketed to near 100 bucks in 3 months time, before settling back with the biotechs. Would be nice for them to get listed on small caps, but point is, might be worth waiting for something with big, big potential
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