MVSI - AN UNDISCOVERED GEM Message Board

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Technology Stocks : MVSI - AN UNDISCOVERED GEM

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To: smackdown who wrote (586)	11/18/1998 11:45:00 PM
From: Crusader	Read Replies (2) of 627

This stock is what I consider a "safe" technology stock. Except for the turndown with the rest of the tech industry, largely based on cancelling the share buyback, this stock has performed very well. On the other hand, it hasn't performed extraordinarily well, but it typically doesn't experience the wide swings in price. I personally consider hiring Gruntal as extrememly bullish. The purpose of an investment banker is to find ways to raise funds for their clients. Gruntal is a big name in technology investments, and should prove to be a very good move for MVSI/Socrates. The main consideration at this point is earnings. They need to be as good as what MVSI themselves have predicted, or we will likely stay at these depressed levels for awhile longer. I do not know when earnings are to be released, I just hope they are good. If they are, then I believe 6 is easily achievable again within 2 months or less. This is a hunch, but it's based on the fact that I observed no solid reason for the recent tumble anyway except for the cancelled buyback. And that was not a very good reason to fall to these levels, IMO. Crusader

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