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Technology Stocks : Viisage Technology (VISG) -- Ignore unavailable to you. Want to Upgrade?


To: Brasco One who wrote (328)11/6/2001 2:59:06 PM
From: rrufff  Read Replies (1) | Respond to of 536
 
Donny and Glad,

You guys are doing well today and I congratulate you. You're breaking resistance down and it looks pretty clear that 10 is going to be tested. I held it long term going from under a buck to 13 and 15. Times were different. It had not been discovered and the events of 9/11 changed everything.

I'm not saying I'd get back in yet. I'm interested in the pro and con discussion. I still haven't seen real definitive answers to the questions I posed re competition across the board, how easy it is to duplicate the technology and data base.

I do disagree that it's a POS. I would, however, like some explanations for the points that Pluvia makes. There does seem to be need for some empirical data. The Logan airport test will be using both VISG and Visionics. IMO, this will make or break the argument I suppose and we will have answers to many of the issues raised.

If VISG is picked over its main competition, then the stock will probably go to 20. If it isn't, it takes a major hit, probably back to 5 or even less.

However, I don't think the company goes the way of many of the companies you've hit in the past, e.g. HOMS. It has a decent profit stream for licenses and its biometric tech may be better suited to computer validation, casino and other fixed viewing than the rapid shuffle of airport recognition. However, we're a couple of years away from real revenues in those areas.

Bottom line for me is that I look at both arguments and see valid points. Hitting a price is important. I'm not a buyer here but I'm not a short. Too dangerous to short given the float but I admire your tenacity.

At 6-8, I'm going to look at it. At that point, it should be a bit clearer whether we will have real revenues coming or whether VISG will be stuck in 100 PE land or worse.

Good luck :-)