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Technology Stocks : Vanteck (vrb-cdnx, vttcf)

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To: Joe Pincus who wrote (117)9/3/2003 1:17:21 PM
From: peter michaelson  Read Replies (1) of 413
 
Hi Joe:

With the amazing run-up that VRB has enjoyed lately, my shorting instincts are sounding the alarm. I have only started to do some research.

Is the company totally on the up and up. I don't see too many major red flags, other than being Vancouver based and getting a hell of a lot of attention on message boards.

Assuming this is not scammy in any way, what makes VRB able to compete with the Sumitomo's of the world, assuming even that the market for the product will take off?

Market value of VRB is now about $70mm U.S. They have a long way to go to justify that sort of valuation.

Would love to hear your thoughts. thanks, Peter
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