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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (1222)1/4/1998 3:01:00 PM
From: James Strauss  Read Replies (2) of 2377
 
Here is the VVID Overview...
............................

Business Summary
~~~~~~~~~~~~~~~~~

VVID develops, manufactures and markets automated inspection systems
which detect plastic and other explosives in airline baggage by
analyzing the physical characteristics of each item. For the 9 months
ended 6/97, revenues totalled $21.9M, up from $10.2M. Net income
totalled $3.8M, up from $1.1M. Revenues rose due to greater shipments to
Europe and initial shipments to Malaysia. Earnings reflect improved
manufacturing efficiences & absorbed fixed costs.
........................................................................

Revenues are growing rapidly...

www1.wsrn.com
......................................................................
Earnings are also growing rapidly...

www1.wsrn.com
......................................................................

Here's the chart:

wsrn.com

It has found support on the 50 day MA and is challenging the 200 day
MA... The lower volume at this time raises the question as to whether it
will be able to power itself upward in the short term... For the
intermediate term, the 20.00 area looks likely...

On Friday VVID was up 1/2 on 29,100 shares traded, and has pierced an
intermediate term trendline to the upside... This could be one of those
situations where a stock can move up on low volume... Normally, upmoves
cannot be sustained without more volume... This may be an exception...
................................................................

Here are some recent news releases...

NEWS RELEASE For Immediate Release Vivid Technologies Receives
Major Order From Terminal One At JFK International Airport

biz.yahoo.com
.......................................................
Vivid Technologies Reports Record Fourth Quarter and Fiscal Year

biz.yahoo.com

Jim
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