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Technology Stocks : Visual Data (VDAT)

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To: prgraphics who wrote (22)12/11/1998 6:25:00 AM
From: Gary105  Read Replies (1) of 405
 
My opinion is that both the volume and price rise has been brought about so that over 2 million shares owned by financers and insiders (the latter via options) can be sold:

sec.gov

The company does have a lot of content to offer, but its revenues are still very very small and do not justify such a rise in share price so quickly.......my guess is the rise is engineered so that the financers can sell into strength - and I believe they are doing so right now. Those who already own the stock should be happy, but I would be very leery of predictions of a quick rise to several times the current price.

Gary
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