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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: RikRichter who wrote (10101)11/30/1998 5:47:00 PM
From: Madeleine Harrison  Read Replies (1) of 25711
 
Elliot, Congratulations! Another magnificent day for EXGP!

Have you taken a look at VETX yet?
I think since you recognized the value in EXGP, you'll be equally
impressed with Vertex. It is involved in e-commerce and
bleeding edge systems/software for commercial internet users.

Shares out: 5.1mil, float 3.3mil, and officers
and directors hold about 33% of the stock.
Has a record backlog of $4.5 mil.

Mgmt has already said that the first 6mo of the present fiscal
year will produce net income in excess of $1.1m or 20 cents a share.

(Pretty darn impressive for a stock selling for under $2.00)

Earnings are due out shortly.

Recently they won a $4.1 mil contract with Bell Atlantic. Other
recent deals were with the Navy and with Netscape. Additional
clients include Vertex customers include AT&T,
MCI, Credit Lyonnais, Dell Computers, Tenneco Packaging and the New
Zealand Stock Exchange.

Stock is OTC-BB and files on EDGAR.
see vetx.com
for more on it's diverse software systems.

SI thread is:
Subject 21370

Let me know what you think?
Madly
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