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Technology Stocks : Anyone heard of VITECH AMERICA

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To: Srini Raghavan who wrote ()2/12/1997 5:45:00 PM
From: Tony Rodrigues   of 23
 
Hi, Srini it's surprising that there are others following this Co. Anyhow you are absolutely correct on this one. Vitech has great fundamentals, balance sheet, management. The stock had been basing for some time. Apparently Vitech has broken out on heavy volume. I believe the stock is really undervalued and underfollowed.
Management and insiders own 80%. There are about 2mil shares in the float. Expected growth rate around 50% with no long term debt. This is where we should be buying. Not many market makers following Vitech. If any, all smaller wholesale firms. Except for HJ Meyers, who has target for 12-18mo's at about 19. If any bigger regional firms get eye of it, bye-bye!
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