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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc.

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To: Greg Lowry who wrote (394)4/1/1998 2:26:00 PM
From: Bill Pearson  Read Replies (2) of 2211
 
I personally think the debate is healthy, and I think some people are being a little too paranoid about Mr. Lowry's motivation. It sounds to me as if there is some truth to be found in the issues he presents, and on the other hand, Dino (who I've corresponded with since last year) is also making some excellent points.

As current (and long standing) shareholders, it's natural to be skeptical of any apparent "criticism" of our "baby"... But, in this case I think Mr. Lowry's comments do help us keep a perspective on where NVXE's niche will be found.

In the end, my confidence remains with NVXE. Not that they'll make $100 million/yr, or that I'll become a millionaire because I've been buying their stock for over two years (averaging down too many times to count).... but because I think they have the right formula, and perspective, to turn the company around, and to succeed in the specific (niche) markets they clearly know they can compete in.

As Dino said, in the next year or so, the stock should trade considerably higher...how much higher we can only guess. But, once properly funded, NVXE should begin to generate revenues and profits that will prove their worth... and I doubt the stock will trade at $0.10-$0.20/share.

Profitability is just as, and often more, important than revenue generation..... and from what I can tell NVXE has a very strong chance at being very profitable.... Spread some strong profits across a relatively small outstanding share base and we have something to be happy about!

Keep the debate going.... all opinions are welcome. I for one appreciate all perspectives. (don't you feel you know more about NVXE and where they fit in the bigger picture as a result of Greg and Dino's posts?) There is no such thing as "perfect information"....You learn a little at a time, from all kinds of sources.....

Bill
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