NVEI (Was NVXE) - New Visual Entertainment Inc. Message Board

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

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To: pennycash who wrote (969)	6/12/1998 10:28:00 AM
From: Israel	Read Replies (1) of 2211

Increased revenue makes a stock price rise NVXE has exciting technology but that alone will not cut it. Are you serious?? I can give tons of stocks that are valued much higher than NVXE on only "exciting technology". And others whose technology isnt as exciting yet are valued much higher on only future expectations and shareholder belief. Look at stocks like AVBC.. before AVBC even made 1 sale the stock price was over .50. Reason?? Investors who believed in the company and held on to their shares. Thus reducing the float and forming a solid base. PLFM. Geezus these people havent had $1 worth of revenue, yet the stock went from .20 to $2.00 in a couple of weeks. Reason? Shareholders who held on to their stock dispite disappointments and who believed in the companies technology. BAAT. Another stock which went from .10 to over $3.00 on future expectations alone. Not to mention all the internet search engines. XCIT LCOS SEEK etc. I am not trying to compare the potential of NVXE's technology to any of the stocks i listed above. The point im trying to make that all those stocks had two thing in common, 1 exciting technologies (with the exception of AVBC, though one can make a case for it) and two investors who believed in the company and its technology. Investors who wouldnt dump their shares for a .03 profit. And investors who finally were rewarded for their patience. It always amazes me how easily people get frustrated with penny stocks. They all expect them to go like DGIV and USWDA and INFE or ICVI (MTEI) and get rich in two weeks. Well, look back and see how long it took the companies to reach where they are now. Look back and see how many investors held on through thick and thin. When they start making money hand over fist, you'll start making money. Sure, if you held on.. Otherwise you'd probably be paying 5 times what the stock is worth now. Happy Trading, Israel (an investor, with patience)

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