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Technology Stocks : Aspeon (ASPE) - formerly Javelin Systems

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To: LEE WOOD who wrote (2)7/22/1997 8:39:00 PM
From: Greg Thornton   of 84
 
Wow! Finally a response! How did you happen upon this thread that has been ignored for so long?

This company came public about 9 months ago and has been piling on contracts all the while. The biggest one I believe was from Riva for $24M over three years. They are undoubtedly going to announce a profit for the first time since going public for the quarter ended in June. And I would expect more contracts will be announced in the near future. That is all I know, except that if you email me I can give you a contact at the company that was the underwriter for the IPO.

And, in case you missed it, JVLN actually set a new high of $8.375 today, sold back down to about $7.25, and closed back up near $8. That's around 60% higher than the IPO price ($5) in just 9 months, and we're not finished yet! My contact predicts that this is a $20 to $25 stock within a year!

The only bad thing about the stock is that it is not marginable! Do you know how to find out what criteria it needs to meet before it becomes marginable?

Good luck, and thanks for responding!

Greg
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