Vitech America tackles Brazil Message Board

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Technology Stocks : Vitech America tackles Brazil

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To: Anaxagoras who wrote (83)	7/27/1997 10:42:00 AM
From: tobin sears	of 153

Anaxagoras, I wouldn't be too concerned with the increase in inventory. This company is growing at such a fast rate that there is unquestionably going to be some loose ends. IMO, the increase can probably be contributed to future stockpiling in anticipation of greater demand or overestimation based on the strong increase in sales. Perhaps many of the machines weren't fitted with the Intel chips, meaning they were assembled before the licensing agreement. Another possibility is that it might take longer to get components down there so they are anticipating--stockpiling as mentioned above. They are in a tremendous growth cycle, especially after their recent aquisition, and will eventually get it down pat. I remember watching the video segment on Vitech's introduction to the market. The one thing that sticks out is that these guys are in it for the money and so am I. The family has a history of being successful so let's hope things don't change now. I am obviously very bullish on this stock and accordingly so are my opinions. Everything is a guesstimate and this is mine. The money will soon run to where the growth is. Good luck and hopefully for my sake I am not wrong. Tobin

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