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Technology Stocks : Elbit Vision Systems EVSNF

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To: Dan Ross who wrote (51)1/9/1998 5:47:00 PM
From: Andrew Furst  Read Replies (1) of 93
 
I also bought EVSNF shares today, figuring the under $9/share price was too attractive to pass up. And, I found the latest issue of Individual Investor in my mail today - which mentions that EVSNF "is expected to make an important announcement regarding its new food inspection product". That would be a nice leveraging of the company's machine vision technology, beyond textile inspection. I.I. magazine also lists a price target of $21 for the stock. I don't know if that coverage will help the stock to rebound, but I suspect many people will be reading I.I. over the weekend. And if there's no bounce next week, I still think EVSNF looks good in the longer term.
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