Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (1766)	5/5/1998 10:50:00 AM
From: musicguy	Read Replies (2) of 25711

VLAB ... NASDAQ 1 1/2 Ive been following this one for a few months... was in and out, now back in..... it was up near $2 following it s last quarterly report in Feb.... new one due soon... price and volume ticking up since last week... this one trades tight.... any volume over avg ticks it up... and average volume is 9700 shares a day...... zero debt, low float (2.9 mil), 4,538,000 outstanding... gross profit / profit margins up every year last 3 years hoover income statement hoovers.com dailystocks.net VideoLabs, Inc. Announces a Nine Percent Increase in 1st Quarter Earnings and the Closing of an Acquisition biz.yahoo.com quote.yahoo.com Videolabs, Inc. designs and manufactures image capture, transmission and manipulation devices for use as components of systems for identification, medical, desktop computer video, and computer-based and non-computer based solutions. For the fiscal year ended 12/97, sales fell 6% to $6.9 million. Net income totalled $753 thousand vs. a loss of $2.4 million. Revenues suffered from restructuring early in the year. Net income reflects increased gross profit, and lower selling expenses. could move big on some volume, and new 10Q due soon... cheers MG

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