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Technology Stocks : Anyone heard of VITECH AMERICA

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To: Srini Raghavan who wrote ()2/13/1997 2:58:00 PM
From:    of 23
 
From what I understand about Vitech, being an owner since the IPO at $10, is that apparently 8 companies make a market in this company. Seven of the eight are looking to buy and only one is selling. With only 2 million shares a float the upside potential looks great. Also, Vitech will announce earnings very soon snd speculation says that it is very undervalued at this point. The company should announce earnings just shy of a dollar per share. Hang tight if you own the stock.

Downside: Brazil is very volitile. The economy is doing great right now but as we have seen in the past, Brazil can snap. the government is very volitile. When the CEO was on CNBC Monday morning you could see he was squirming when they asked about the Brazillian economy and the direct correlation with his company. Anyone else hear anything?
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