Diversinet ( DVNTF / DVNT ) aka Message Board

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Gold/Mining/Energy : Diversinet ( DVNTF / DVNT ) aka

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To: Hippieslayer who wrote (721)	7/15/1998 7:32:00 PM
From: Justin Franks	Read Replies (2) of 1242

Why DVNTF is going DOWN more... Momentum indicator is still going down. Volatility indicator is high. and the financials are a mess. The smart investors (i.e. the street) won't touch this until they KNOW some revenue is coming. (more signed contracts AND some positive cash flow. VRSN is doing good because they HAVE positive cash flow. BUT their expenses out weigh profit at this point. The "street" sees profit catching up and passing expense, so they're willing to invest. Basically VRSN has ongoing cash flow. DVNTF needs to get to this point. When it looks like DVNTF has ongoing cash flow the stock will blow up. They need some open contracts and a customer base which will generate monies that will eventually surpass expense. So you see, just because DVNTF lands a couple of contracts doesn't mean that it will blow up. DVNTF needs to report GROWING profits each qtr in order for it to hit the 20's or 30's. It sounds like DVNTF is off to a good start. But check back in 10 months. Small contracts and Board members don't mean much now. The only thing that will launch this company are some major partnerships. Forget major contracts. DVNTF doesn't have the resources for anything too big. price sHOULD have been going up with this volume. Has not closed positive in the last 4 or 5 days. Watch tomorrow closely. I expect it to go below 2.... again

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