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Technology Stocks : Noise Cancellation Technology (NCTI)

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To: John Jenco who wrote (2089)4/30/1998 10:34:00 AM
From: Andy Hewson  Read Replies (1) of 2775
 
There is very little mystery to it: When a company has lost money every year since its inception, it trades for "peanuts". The only thing keeping the company afloat for now, until money is made, is the promise/hope of money being made in the future. As you can see from yesterday's news (another in their line of awards from tech magazines), a little news of a positive nature can shoot the stock up strongly. This has been a pattern since the company has been in business. In fact I sometimes think that managing their news announcements is what the company management does best. With respect to making money, they seem to be somewhat "profit challenged".

Andy Hewson (long NCTI for about 5 years)
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