ALVR new yearly high 2.85, still under cash 3.1, book 4.34. There were 2 over-million-shares-traded days on average daily volume 80K previously. Great breakout pattern on chart, peer AIRN, PROX predict turning to profitable soon. ALVR should be profitable too and we should see 5-6 in the next couple months.
Below are two of my previous posts, recommending it at 1.86 in Feb 2003.
To:Steve168 who wrote (16459)
From: Steve168 Saturday, May 3, 2003 12:44 PM
View Replies (1) | Respond to of 17109
ALVR recently made a 52-week high and still trading under cash value with no debt. This is a classic Graham net cash value stock. I recommended here (see below post) in Feb at $1.86, it closed 5/2 at 2.59, and still trending higher. Take a look and see what you thinks. I am holding on to my large position.
To:mrcjmoney who wrote (16457)
From: Steve168 Tuesday, Feb 18, 2003 12:51 AM
View Replies (2) | Respond to of 16966
MrCJ, thank you for your nice comment. My largest holding is ALVR now, trading at 1.86 while cash at 3.14, book 4.36, and zero debt. Losing about 10c/Q, not too bad, it is a leader in a niche market of Broadband Wireless Access. I believe the company has a chance to be profitable in the next 12-18 months. When that happened, it should be at $3-5. |
