Video Update (VUPDA) Message Board

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Microcap & Penny Stocks : Video Update (VUPDA)

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To: Brian Channon who wrote (51)	3/10/1997 9:31:00 PM
From: Thomas Kirwin	of 142

Brian, I am excited! Have ya compared our little powerhouse with West Coast Video (WCEC)? They trade at $8.00 and have reported comparable earnings to VUPDA on a pro-forma basis. My tea leaves say that we should crash through your $6 3/8 resistance without breaking a sweat. A new base is about to be established from which we will attack the $8.00 level and beyond. Of course there will be a sell off on the good news but we should see some new buyers entering the fray. Given the fantastic earnings report, credit line agreement and new acquisitions why have you been down on the company? Do you have any facts or calculations that may support your gloom & doom mentality? I'd say that the preponderance of data & posts on this board support a valuation of at least $8.00. Regardless of tomorrows outcome I will hold my shares. VUPDA is undervalued. It was not long ago that we were trading at $4.00 and now sit at just below $6.00. That's nearly a 44% increase! Great long term hold unless you are a very nimble trader. C Ya @ $10 Tom

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