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Technology Stocks : Number Nine Visual Technology -- Ignore unavailable to you. Want to Upgrade?

To: Findit who wrote (778)	2/13/1998 8:07:00 PM
From: JR2	Read Replies (1) \| Respond to of 1183

J.K. If u could buy a company that does 40million in sales during a BAD year down from 118 million.. for 9 million dollars / 25 % of total sales ... Would you??? Remember Mr. former insider will probably be done Dumping his stock AT THE BOTTOM...any day now if not already. When Neuberger Berman starts covering a bit u will know for sure that the climax selling has indeed climaxed. They in an impossible task of having to sell over a million shares in less than 7 months are the MAJOR reason that you EVEN have an oppurtunity to Buy the stock at 1/4 OF ANNUAL SALES ... I am well aware of the fact that the company doesn't have any cash left TODAY. But they will have some fairly soon... THEY ALREADY HAVE SOMETHING MORE IMPORTANT .... TECHNOLOGY THAT SELLS and it is GREAT TECHNOLOGY not GOOD , GREAT... Have ever heard of Nvidia ?? Guess what they were worth before they BROUGHT THEIR TECHNOLOGY to market. Not MUCH! We are very thankful to those scared souls who have been UNLOADING a 5 dollar stock at a buck or so. This comany may have severe restructuring ahead but I wouldn't be contacting the funeral home just yet. Does the word FUTURE mean anything ?....My bet is that NINE has one, and right now the market doesn't agree... sometimes the market tells u more about where a company is..and not about where the are going. So to answer your question J.K. I would buy this stock at a buck ... and many more of us will regret not doing so methinks. Good Luck