Paul and all: So far, in the first hour of trading in the new year VLNC is tracking similarly to its last 2 years chart pattern. A good start, let's see if it keeps up. I'm not too sure about that "short termer" comment however. If VLNC announces all the news we've speculated about then I see a good year, to year and a half, run before the competition comes anywhere near up to speed. Nothing like having an almost virginal market sector allllll to yerself(well, ULBI excepting of course). As such, my motto when confronted with such a dream scenario is grab as much market share as you can so as to develop the strategic "high ground" when the competition heats up.
That's not to cast aspersions on the short termer trading philosophy, it's just that I see very few similarly placed companies this year, and since I can't fathom 1998 being as good as the last 3 years have been, market-wise, ya gotta go where the upside potential is just too big to ignore. And in a stock pickers market, VLNC is surely one to own. At least, that's my view which will, very soon now me thinks, either be vindicated or mauled.....heh.....
So meanwhile sit back, grab the popcorn and get ready for the 1998 VLNC show. It's gonna be interesting, that's for sure.
John~ |