Vitech America tackles Brazil Message Board

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Technology Stocks : Vitech America tackles Brazil

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To: Tom Dooley who wrote (81)	7/26/1997 4:15:00 PM
From: tobin sears	of 153

Tom, I second that. I have been hovering over this stock since December and missed the boat last time. The Barron's article was a bit discouraging, probably more so to you since you were holding, but I see it as taking the price back down and allowing for a good entry point. With this last report, and after talking to some people in the financial world, this will be high-flyer if they continue on course! I usually only stay in stocks a few days to get quick profits but all of my long money is sitting right here. With the current short positions, there is going to be some heavy covering as the price continues to rise. Unfortunately, the low volume has made the stock susceptible to shorters, as a downward trend, but the ask moves up quickly with buyers. Once some of the bigger players come in, we will see some renewed life. One bad thing the article did was scare a lot of the small investors away. I think we will start to see the price start moving towards the upper teens relativley soon. Good luck! PS--The chart looks very positive

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