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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (92656)10/19/2001 7:26:47 PM
From: Sanjay Mazumdar  Respond to of 132070
 
ild,

I know it hurts but I think it is the whole market. For some reason VASO still gets no respect in the market. But nothing has changed since last year. They are still going up 100% a year in earnings. THat is what matters. They are still small in the sense of total revenues. But they have a long way to go. I have now been holding VASO for over 18 months and buying on dips. Will probably buy more if it goes into the low 2's. I think this one is a keeper. THey are keeping sales costs down so as to remain profitable or they could grow faster. Reminds me of Dell I sold it in 93 at about the same price I bought in 91. But I was younger then and tended to believe the Street analysts. VASO has a good model. 100% growth rate is nothing to be sniffed at.