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Technology Stocks : Vicon Industries ( VII ) -- Ignore unavailable to you. Want to Upgrade?


To: Private Network Technologies who wrote (12)2/7/1998 1:22:00 PM
From: Instock  Read Replies (3) | Respond to of 118
 
Are you saying that a 10 million contract somehow has become a HUGE Contract? I see nothing in their press to indicate that. IT would be GREAT if they could get the whole system but it appears to me that they have just a small portion. The goverment does tend to spread the contracts around and not offer to just one company.

Lets not fool ourselfs into beleiving that there is more there, then there really is.

I love the long term prospects for this company but do think there will be some price dropping before it can start moving up again. After the huge run up, I would expect many to want to lock in profits before the stock drops to much. Buying oppertunity on the Dips.

If the stock gets back down to $9, I would have to start buying More shares. Till then, be carefull of the profit taking that I am sure will happen.
ong Term, this is no problem. Short term buyers will want to keep profits

Instock



To: Private Network Technologies who wrote (12)2/7/1998 2:52:00 PM
From: Hank  Respond to of 118
 
I've always thought that this was an excellent company. The reason I looked into it a year ago and took a small position at that time was because they were experiencing heavy insider buying. Even then, the fundamentals looked excellent. As for the postal contract, I think if what you say is true, we can expect to see a steady increase in earnings for the rest of this year with some more upside surprises likely. I don't think the postal service will have them do all the jobs at once since they have to maintain their expenditures within their year to year budget requirements (then again, maybe 800 jobs IS within their budget for this year. There's no way to know for sure). But this makes the future beyond this year look even better assuming they get the contract renewed in July.

In other words, hang on to your hat, this baby is just getting out of the starting gate!