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Non-Tech : NVDC -- Ignore unavailable to you. Want to Upgrade?


To: Jason B who wrote (174)11/16/1999 8:07:00 PM
From: Crystal ball  Respond to of 198
 
NVDC is ridiculously undervalued, in part because of FirstUnion, Westar, and the Bank One credit accounting, but maybe now with the Citibank rumours to buy out McCoys Bank One (ONE) this will pass, and with higher fed rates (Spiralling Federal Reserve Rates CAUSE Spiralling Inflation) and the trickle up inflation into car loans etc, the guaranteed car loan deals between Navidec (NVDC) for DriveOff.com between Westar and First Union will finally be seen as a plus plus positive, especially as other financing interest rates go higher and credit crunch affects the average car buyer. I see 20% increases for the Financials, but for Navidec (NVDC) I still see it should be $30 based on its recent Quarterly Earnings report, and tripled, remember that, TRIPLED cash revenues.
Thats why NVDC is climbing back up after its secondary offering. Most stocks take 2 to 3 quarters to overcome the usualdilution, here the dilution was merely the pause that refreshes, on the road to $30.
imho, I am,
Truly yours,
-Crystal Ball