To: Jeffrey L. Henken who wrote (2545 ) 2/1/1998 8:58:00 PM From: Aishwarya Respond to of 4356
Jeff , I agree with your analysis. As far as VIFL goes the chracteristics of the chart is clear that it will lose support gradually. The scary thing is that that company is not ever reporting anything to SEC sine 5/8-4.5 trading range in the last few months. I thought NASDAQ rules were going to tighten up soon. That stock may end up on the OTC if the same trend continues downward. The only reason i see why VIFL stock is higher is the number of shares available for trading. Shares Outstanding are 6.78Million and the Float is 2.40Million. Besides I suspect that some big guys raised that stock a lot and the SI thread on VIFL was wary of it from the beginning. Cyclopss as others have mentioned exhibits all characteristics of a momentum stock as seen by the volume when there is news. Now if we get FSIS/USDA approval may cause some swings in prices. It will be over $3 in a heartbeat on news. But to sustain better growth real numbers and sales are needed which was given a lot of importance in their Third quarter results . In particular : "Cyclopss Food Processing Systems, Inc., the wholly-owned subsidiary responsible for the design of the Eco-Pure food safety system which uses ozone to kill micro-organisms on foods such as poultry, meat and produce, had not booked any revenues. However, the Company is currently working with a number of food processors on pilot programs in the meat and poultry markets and believes sales of the Eco-Pure system in these markets, as well as to growers and packers of produce, will represent a large percentage of revenues for the Company in the near- and long- term. Further, the Company anticipates a dramatic increase in the number of textile washing systems sold to hospitals and hotels within the coming months. " If all the above mentioned materializes even partially I think we will see some good prices on momentum. If large volume sales happen as expected and some Financial Institutions get interested then this will be a "BYE BYE". Well having said all that I believe even among the OZONE companies Cyclopss is getting more recognition in terms of a better quality product as is obvious from the Crown Plaza laundry deal. Others will come in due time and we should be in great shape. But it may be frustrating to see the ticker going up and down due to play and market sentiments. All said and done long term thislooks like a stock with great potential if the management plays their cards well whenever they get an opportunity. Regards, Sri.