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Non-Tech : Invest / LTD
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To: Peter V who wrote (7699)3/9/1999 9:24:00 PM
From: Thean  Read Replies (2) of 14427
 
Pete,
There are two sides to VLNC's story. The bull side is counting on a PO to be announced at the end of this month as the confirmation that the company can finally selling products in large quantity.

The bear camps say things like their need for more capital, no precedent in their success in launching a product, perpertual loser image.

All these arguments can be found on the very active VLNC thread. It looks to me the first verdict will be out by the end of the month. I'm not in right now but one of these days in a couple of weeks we are either going up or down. I'm tempted to buy both April 7 1/2 call and put if VLNC is still hanging around 7 - 7 1/2 in two weeks.

What are you doing with your RIG?
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