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Non-Tech : VJET - FAA Approval
VJET 0.6400.0%Apr 1 5:00 PM EST

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To: tony english who wrote (67)9/28/1996 1:21:00 PM
From: Nicholas J. Begich III   of 164
 
Thanks Tony. I agree that the stock will perform well at the beginning of next week. My guess is that unless some kind of bad news concerning the Union comes out (which I don't see happenning), the stock may hit as high as 15 1/2 by Teusday. My guess though is that we'll see a close on Monday of around 14. Of course I wouldn't be complaining if it did a little better. What did the option looklike yesterday?
You're right on the money when you say that much of Friday was profit takers. That's great too because, for the most part the supply filled demand. We'll probobly see more profit taking once the stock hits 14 1/2, but I think that the demand will be sufficient. My guess is that the volume on Moday will be 4 to 5 mil. That will give excelent support for the week to come. I tink as long as the volume is healthy it's wise to hold this stock. After the volume tapers down to 1.5 mil or after the price drops on volume between 1.5 mil to 4 mil, it'll be time for short-termers to think about dumping. Any thoughts on this, Tony?
Nick
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