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Technology Stocks : Number Nine Visual Technology
NINE 0.345-9.2%Dec 12 9:30 AM EST

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To: AreWeThereYet who wrote (730)12/19/1997 9:51:00 PM
From: JR2  Read Replies (2) of 1183
 
hi andy, nine is in the final stages of an agreement w/ lsi logic and other big high-tech venture "people" which will provide for them the needed capital to launch their $99.00 4th generation board.
they have engaged a small hartford brokerage firm to assist them w/ investment banking. this investment banking firm would not have started a relationship with nine if nine did not have a future.
their 4th qtr. revenues will be greater than the last two put together. despite the 50% drop in revenues this year, nine still does 50 to 60 mil. this year. 9 million shares X 2.375 means that the stock is trading at 25 to 30% of sales!!!.
the stock price will bottom during the last week of december when the last tax loss is acheived. better days await us ...
jr2...
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