James and all, My largest holdings are ALVR and EONC, both over 25%.
EONC has a better chance of doubling in 2004, it is a small software company that had 6 quarters sequential revenue growth, and 3 quarters of profit. Chairman/CEO David Lee bought a lot of shares couple months ago, he is a smart successful businessman. At just above $3 and profitable, It is almost like a non-expiring option, just time value alone is good enough to justify the buy. They are successful in US FAA, military and Korean market, opened an office in Beijing couple months ago and now working on some big deals with large telecom providers in China. If they successfully get one big Chinese carrier to sign up, a double is feasible.
Now comes my daring point - even ALVR still has a small chance to double again, if the business continue to do well and no big players jump in to the competition. Many know that I recommended here in Feb 2003 and bought big at $1.86, it is $10.50 now and I am holding majority of the shares. This could be the "next big thing" stock. Never buy after my post, do you own homework and decide.
Happy New Year to all! |
