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Microcap & Penny Stocks : Vanguard Airlines (VNGD)

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To: scott bradley who wrote (3)1/21/1997 2:32:00 PM
From: Chris Singer   of 38
 
1 5/8 to 3 is a nice pop. I don't know if potential revenue increases are going to drive VNGD's stock price. VNGD has been losing lots of money. I think that making any kind of profit would be much better for them. Hambrecht & Quist with 43% of the company has lost almost 90% of their investment. I don't think that kind of loss sits too well with a company like H&Q. That's why they brought in John Tague. I think the upside in VNGD comes in his turning the airline around. Even if he gets them to break even the stock should go to 4-6. With John's rep for turnarounds I think this is a good possiblity.

If VNGD goes below 2 it would be a good buy. Thanks for the Yahoo tip. I'm going to check it out. If things look good I will start accumulating under 2.5.

Chris
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