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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (20694)	2/18/2005 3:30:44 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78670

AVCI: I'm hoping mgmt. will improve as their backs are pushed against the wall. They've had a lot of glamour ($800 stock in '00 and even $100 in '01). Now though, there's not much cash left or room left for mistakes and frittering. As I say, I'm taking on "a most little AVCI" now. A $5 1/2 dollar stock, maybe it'll drop to $2 or $3 before I maybe give up. OTOH, somebody saw potential in the company last year (stock was over $10 for a while and even over $20), so maybe there's still potential to be discovered by the market.