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Non-Tech : InvestRight Club Challenge

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To: Jeffrey L. Henken who wrote (1059)3/22/1999 7:44:00 PM
From: Francois Goelo  Read Replies (1) of 2662
 
Jeff, too little green on my screen today: only XNET & VXCH and a couple more...

You were actually right concerning VXCH, as it has substantially dipped from the level where I bought and first reported on it. My problem, as I have told you before, is that I am like a kid in a candy store: if I see something I very much like, I need to have it right then and there.

While I am on the subject, I'd like to clarify a previous post I made on VXCH. Remember the scenario I had mentioned to you earlier: in my opinion, with such a great product, the Company financial situation did not really matter, since Bankers would beat a path to its door.

Investor's Relations had confirmed that part, but the closing of a financial deal before month's end and what the loan would be used for are really conjectures and opinions on my part, based on my business experience: retiring outstanding warrants and creating a promotion campaign for a new product would seem to be some good ideas among others.

The last thing the Company wants to do is take its own sweet time in this very competitive world, since the first two years of sales are probably going to be most important in establishing a position of leadership in the field of video conferencing.

I first noticed VXCH in a news release by VGCP, another stock I own that should eventually do well. Then I discovered it on Stock Watcher's Index and saw a couple posts from RCJIII which led me to do some serious Due Diligence and, I confess that I like it a lot. Do you think it's going to go further down or are you now ready to put it on your Index?

Regards, F. Goelo + + +

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