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Technology Stocks : Viisage Technology (VISG)

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To: rrufff who wrote (127)9/28/2001 8:51:51 PM
From: Jim@Inland  Read Replies (2) of 536
 
Thank you rruff.

If your cost base is .85 cents you too must be commended for your trading expertise. You've done a great job, over the past three years or so.

You are almost 100% correct in your most recent post, and I agree with you almost entirely.

<<<<I'm not sure you really add much>>>> I'm not sure I do either, but people buying this company should know that they don't own the technology. They do however license it from their parent company except for the part that allows them to use it for screening the passing of people through turnstiles on public property like I believe Airports. That is excluded from their license agreement. You're right, this is about all I seem to know. I stopped there in my research, what else is important to the issue of security at the airport?

<<<<You don't seem to know much about
the company, >>>>>> You're correct in this comment, but as far as business is concerned I know enough to know that the way this company is structured with it's parent company, in my humble opinion they'll never make significantly more money than they have in the past. Again, rruff, it's just my opinion based on experience FWIW. Of course your knowledge of the company is far superior to what mine will ever be, after all, you've been studying it for three years.

<<<<I believe they will be active in the airport and national security crisis.>>>>> I disagree. This company hasn't got the required size, visavis , manpower or capital to be a player in this arena. IMHO only of course. Also see above. THEY DON"T HAVE THE RIGHTS TO THIS UNDER THEIR LICENSE .

<<<<the company has many
other potential markets. The key one, imo, is when 2 way technology takes off, either with 3G in a couple of years, or network security, e.g. bank ATM,
access to secure areas in private network, physical access. If you want to do some real research, there have been many articles talking about this type of
stuff. This will not be over night>>>> I agree with this rruff.

<<<Oh - and really no need to answer with your I made another buck today. >>>> I didn't make another buck today, in fact I just got started with a new short position at the close of trading.

You are also right about my boasting about my trading profits, however, I didn't earn 90 CENTS . I earned 90 Cents and then recycled it and made another 1.15 :)

You're doing a great job with this investment rruff. Thank you for educating us on the merits of this company. I sincerely hope that you make at least a 10 fold return on your investment:)

Regards

Jim
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