MVSI - AN UNDISCOVERED GEM Message Board

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Technology Stocks : MVSI - AN UNDISCOVERED GEM

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To: JOCKO who wrote (387)	1/14/1998 11:24:00 AM
From: Bankceo	Read Replies (1) of 627

Its fairly typical, when a stock temporarily disappoints, the irrationally exuberant are quiet. From a technical perspective, the stock absolutelely hit a bottom when it peeked below 5; right now I see a trading range between 5 and 6.75 until earnings come out in February. With the investment in Socrates, we should see record revenues in the quarter ended December with marginal profits because the company is incurring expenses to invest in Socrates, as well as restructuring the Canadian operations of MVS to regain profitability there. There are several institutions with tiny positions in MVSI as well as man individuals waiting to see more meat on the bone. When this stock goes up it roars with 50%-100% moves in 3 days. The history shows that. When the institutions start buying the stock will take off like wild fire. The question is when. Now is a good time to accumulate anticipating good news; particularly when we're near a bottom. If you look at equities in terms of the trade-off of upside potential vs. down-side risk, then the decision is easy. The company is executing the right long term strategy. And, they have a war chest of $20MM for acquisitions and any unexpected expenses.

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