Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (487)	12/20/2002 4:53:08 PM
From: Jibacoa	Read Replies (1) \| Respond to of 1404

NVTL Closed up 12.87% today on volume of 396K (more than 3x its daily average) after it announced that it has received a purchase order for its wireless PC Card Modem from its distributor in China. It also announced today that it has received a letter from the NAZ that extended until March 31,2003 the date by which it must demonstrate compliance with the minimum stockholder's equity requirement. The stock has been selling around 0.5 of book and 0.16 of sales. The company has had substantial restructuring charges with a loss of $14.50 per share in the last 12 months, but in spite of it institutions have done some buying lately.<g> On September 4, volume was more than 1.19M after the stock opened on an up-gap from the September 3 closing of 3.73(The intra-day H was 5.70 <g>) The stock reached and all time L of 0.90 today,before it reversed its down course at 10.15AM The float is only 4.4M bigcharts.marketwatch.com bigcharts.marketwatch.com Bernard