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Gold/Mining/Energy : Diversinet ( DVNTF / DVNT ) aka

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To: Hippieslayer who wrote (147)2/11/1998 9:14:00 PM
From: vincent sciplini  Read Replies (2) of 1242
 
I did. The last time I spoke to them, yesterday before I bought the 2,000 shares, they told me that we may have an announcement this week about a new board member. Also by the end of the month, we could see two agreements, on on the retail side (the bank in Canada), and one on the O.E.M. side (a tech company). It is their goal to get several contracts before the release of the product in May. I expected the stock to pull back, still in a nice uptrend. I'll be interested to see where it is by the end of the month. VRSN, their competitor who just came public has 20 mill shares out, we have just over 15. VRSN has a market cap of 560 mil, we have a market cap of 26. Once the contracts start coming in, we should see $4.50- $5.00, giving a market cap of around 75 mil.

Vinny
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