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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Tigress who wrote (15647)1/21/2000 2:23:00 PM
From: Logain Ablar  Read Replies (1) | Respond to of 63513
 
Tig:

VLNC is a speculative play (although I've stayed committed since it was @ 11). If they get another order for cell phone batterys it will rocket to mid 30's but the company won't make money this year (not that that matters). They actually need to get one more order to take some of the risk out of todays stock price.

If they don't get another order the company's in trouble.

The good news is they just received favorable (good) financing that will cover their cash for this year.

Earnings are mid February and I'm anticipating a positive news release on or before then.

If it hits $23 I'd say were getting the news release.

Tim