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Gold/Mining/Energy : AIT Advanced Information Technologies Corp.
AIV 5.285-0.8%Nov 6 3:59 PM EST

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To: wayne cath who wrote (66)7/24/1998 8:51:00 AM
From: Matchbox  Read Replies (1) of 130
 
Anyone still following this one?

Given the low trading volume I would think that majority of us would still be holding since we lost so much.

I spoke with the company a couple of months and their opinion when it comes to the price is that it was ridiculous and that if they liquidated everything they would get close to $2 per share without taking into account the technology itself.

No doubt, 1,000 shares can swing this one 25% either way. Next FY starting Oct was supposed to be a rebuilding one where "some impressive numbers" were supposed to be posted. Now, this was a couple of months ago when the company was still "just talking" to some large customers.

Anybody have an update as to how things are looking now (share price would usually be an indicator, but I think this is a turnaround play where people basically want to see the money before they commit)?

Matchbox
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