To: Greg McDaniel who wrote (2293 ) 2/22/1998 10:30:00 AM From: John Curtis Read Replies (2) | Respond to
Greg: My view is that VLNC most likely will stay right around where it is now. But I'll admit, like everyone else, this is merely a guess. Why? Well, I think over the last 3 qtrs VLNC has managed to draw attention to itself(look at the volume on C.C. day as proof), and I'd be willing to bet more than a few of these observers, your's truly among them, see the "10 fold" potential they represent. However, everyone by now also knows that VLNC has a history of dashing expectations, regardless of thread gossip about manufacturing capability. As such, the wisest strategy right now has got to be predicated on CORPORATE pronouncements of manufacturing viability. That plus, for the gambler in ya, picking your buy target and holding fast until VLNC is in that range. My buy range is from $$4.5 to $5.20. I think the downside risk is minimal from there. So if you believe in the 'ol adage that while there's FUD(Fear, Uncertainty, Doubt), there's opportunity for future profits, then this is the time to start planting your "seeds." For those that are loathed to give up any hard earned principle in pursuit of POSSIBLE future profits, then my council would be to monitor VLNC closely and await that aforementioned verified, hey we're actually making them NOW, CORPORATE manufacturing announcement. After that occurs, given the huge potential VLNC represents, I'm sure there'll be plenty of time to join the party and make profits.
