SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Video Update (VUPDA)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James F. Hopkins who wrote (14)2/14/1997 4:28:00 PM
From: Thomas Kirwin   of 142
 
Jim,

I don't think anything else is up besides the share price of VUPDA. These news items are very significant. Obtaining a 60 million dollar line of credit from a reputable group of banks says a lot about a company's financial position. It also validates the agressive growth via acquisition strategy of Video Update. If the banks have enough confidence in this company to lend 60 million then I feel great about owning 1,500 shares.

The other story highlighting an acquisition of seven (7) more stores is right in line with the business plan set forth by management.

Don't forget that earnings are right around the corner! The 3rd quarter closed on January 31, 1997. We could see a report this month but my guess is around March 8th or 10th.

C Ya @ $8

Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext