Rebought BVRTF at 4 3/16 (loaded the boat). after complete DD, this, imo, is one of the most incredible buys. It reminds me of an Israeli CMGI.
Earnings last yr .30 cents = PE around 14 for this technology:
bvr.co.il bvr.co.il ngcable.com nexus.telocation.com rtset.com brightcom.com
Owns NXUSF, trades on Nasdaq at $3
RT-SET customer's are:
CBS,N.Y.S.E., VH1, Disney, Lucent, MTV, Universal Studios, Sci-Fi Channel, 3DV, etc.
*INSIDERS CONTROL 60%
Below is summary from MSN Investor:
"B.V.R. Technologies does business in the virtual world. The company makes computer-generated "virtual" studio sets for broadcasters, through subsidiary RT-SET, that can place on-air personalities into live or taped backgrounds. Subsidiary NETGAME develops multiple-user computer games and data-over-cable technologies, with testing underway in Ireland, Israel, The Netherlands, and the US. B.V.R. also owns a 33% stake in NEXUS Telecommunications Systems, which makes low-energy wireless communications and location systems. The company spun off its advanced defense training and simulation systems as BVR Systems in 1998. "
Don't know "when" this will take off- but this is ground floor, and it will be BIG, IMO.....
Skane |