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Microcap & Penny Stocks : Video Update (VUPDA)

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To: slp who wrote (102)11/17/1997 11:31:00 AM
From: James F. Hopkins  Read Replies (1) of 142
 
Hello slp; I too think VUPDA is undervalued, also think there is a
shake out in progress, to enable them to buy MOOV on the cheap.
I think the stock buy out is a done deal at .75 of vupda for each
1 of MOOV..considering MOOV's book value this is a steal. I don't
see Vupda going up much untill after the deal closes, so at this
time I'm playing MOOV. at the current prices MOOV is even more
undervalued than VUPDA..they don't seem to be joined at the hip
yet, but I think it's coming..if it does then MOOV should be
selling for 2-1/16 at Vupda's 2-3/4. I'm sure Vupda wants MOOV's
assests..but as cheap as they can get them. I don't see this as a short term play..but by next summer after she eats MOOV I see a
target over 5 , unless the whole market crashes, and I don't see
a market crash..oil has come way down from last years prices and
the way oil is priced into every thing, lower oil prices will
stimulate the rest of our system. It's better than lower interest
rates. VUPDA short term may falter, long term it's good.
Jim
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