Boy!!! What an anti-social slouch I've been!!! Actually, I've been
involved in doing some extensive due dilly on another stock that I hold, and I've started up a newsletter for it as well. Those that are
interested can look at Green Oasis(GRNO)or e-mail me. After all,
this IS an MSU discussion here.
Anyway, I want to let you know that I have been busy with both
personal matters, as well as trying to obtain better information
for MSU. The changes on the website were primarily due to several
letters that I sent to Forte Communications and Wyn Holloway.
Take a look at the FAQ sheet and it should give you a pretty good
idea of what I was asking for.
In all honesty, I'm somewhat cautious on MSU at the moment. I
fully expected more publicity to surround this company and its
products. That was what I was basing my $15-20 autumn price target on. I no longer can predict anything with any credibility. The stock seems to be in a trading range, and who knows which way it will go over the next several months. They will be trying to absorb some
restricted shares in Oct-Nov so this may bring a measure of volatility. The company and Forte' assures me that they have a
sustainable plan for absorbing these shares without a drastic price
drop, but I've curtailed my expectations until after Nov.
I'm STILL very big on the company, its products, and its staff. However, the restricted shares are a little disconcerting for a intermediate trader like myself. (I don't have enough capital to
consider the option of buying and holding over a year or more)
For those of you who are into this company for the long term, don't worry, what goes down will go up, especially with products this company has in the pipeline. The Envoy chip will be a HUGE money maker for MSU if they can sell it to the big OEM. MITAC GROUP is supposed to be revealing their prototype at the end of the month. The only problem is that they don't have the name recognition of a Oracle or WebTV's management. But these guys are looking for the consumer
market, not the high-end with all the trimmings. It is a sound, but "boring" strategy.... :0|
Regards,
Ron
longer can provide a |
