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Technology Stocks : Visual Data (VDAT)

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To: Fundamentls who wrote (86)2/5/1999 1:25:00 PM
From: prgraphics  Read Replies (1) of 405
 
Drice,

The 10K surely is boring but I'm yet to read one that set me on fire! Your reasoning is sound. I've gone through all the major Internet stocks and look for reasons why they are at that level and why VDAT is where it is at. I can't find one! Yes, VDAT needs to go National NASD and come out with a few more announcements, but even taking this into consideration the stock should be triple what it is now. Another interesting fact is that, EBAY, for example went from $25/shr to $325/shr in three months! I guess that the pattern is "Burst". I have a feeling that this is a great time to accumulate and I have continued to do it. I earlier stated that I would not let VDAT exceed %30 of my portfolio but as it holds at $14 this is easily done. Going in for another 500 shares today. This is probably my last buy but we will see. Barring "BAD" news I cannot see this issue going anywhere but up.
Looking for triple digits!!

GR
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