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Technology Stocks : Avalon Group, Inc.
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To: equalizzer who wrote (548)8/3/1998 12:39:00 AM
From: Eric Fader  Read Replies (1) of 1530
 
EQ -- I don't disagree with anything you said. Maybe something they've come up with, when used in a particular process, could be the subject of a patent. Otherwise, we'll be relying on the savvy of management and the marketing muscle the company can hook up with. I don't know, obviously, how that will play out, but there are an awful lot of small companies with less (or nothing) going for them that have maintained huge market caps for extended periods of time. I've always called that the "Projectavision Syndrome" (PJTV), in honor of a company that never made a penny of net income in 7-8 (or more?) years, although Copytele (COPY) is a better example because they never had a penny of REVENUE and still have a cap of $118 million. The other way to put it is, "any piece of s--- stock can trade at $3.00."
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