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Microcap & Penny Stocks : Virtual Technology Corporation (OTCBB:VTCO

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To: Trooper who wrote (49)1/11/1999 4:25:00 PM
From: df  Read Replies (1) of 173
 
This is probably the main reason the stock is LANGUISHING...

"But Israel's experience proves that not all companies are benefiting from .com mania. Virtual Technology, meanwhile, is off 12.1 percent in the new year.

Part of the company's problem, doubtless, is that Virtual Technology has some visibility problems. It sells to technophiles, not the general public. It's traded on the local over-the-counter market, which also limits its availability, and the company will not file its first earnings report with the Securities and Exchange Commission until next week. But the company had sales of $3 million in the nine months ended Oct. 31, and it has an average daily float of 4 million shares. Sure, it's losing money, but that hasn't deterred investors from taking the plunge with other fledgling Web companies"

Isreal needs better marketing and PR.

I think that next week is a key. I'm sure all longs are very frustrated... It's not even being carried by the wave, like so many others... Hang tough !
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