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Strategies & Market Trends : MOVING NOW!

CTIC 9.090

0.0%

Jun 26 5:00 PM EST

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To: Ron Pratt who wrote (6255)	11/10/2000 10:52:47 AM
From: rocklobster	Read Replies (1) of 8046

speculative alert VYTL this one is resting on pretty solid support at 7 1/2 its low in OCT was around 7 earnings were out a few dayz ago and as expected, company is losing tons of money...however..it has a cash or cash equivalent position of around 1.5 billion dollars, a market cap of around one third of that... go do the math.. 7.5 X (number of shared...) i havent looked it up but think its around 50 million. from memory...this may be totally wrong. VYTL makes great moves in both directions...I believe an easy 20 30 % move is possible in this stock without much downside at this point given that earnings are out now... It has suffered a predictable yet small sell on the news pullback... I have traded this one. but have no position at this time as I am tied up in other positions but would buy it here if I had cash rok

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