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Microcap & Penny Stocks : VLVT (was CSMA)

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To: PeterR1700 who wrote (7061)5/2/1998 8:50:00 AM
From: jan_mike  Read Replies (1) of 11708
 
Peter - I can partly affirm your karmic view with my own perspective. My first reaction to the news was "oh boy, another delaying tactic." Where people were hoping for a filing, or at least a clearing away of the impediment to filing, they got a possible delay of another maybe 5 months to see audited numbers be filed. Some of the rationalization that followed made some more sense.

My take was that this price is pretty well the recent historical bottom, so there was potential to gain 25-50% just in the regular price fluctuation. Good risk/reward ratio right now.
Mike
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