SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vicon Industries ( VII ) -- Ignore unavailable to you. Want to Upgrade?


To: Dwane Houghtaling who wrote (64)3/22/1998 10:06:00 PM
From: Hank  Read Replies (1) | Respond to of 118
 
Dwane,

I have the same misgivings you do concerning VII's debt load. I'm hoping that most of their secondary takes care of this but I wouldn't want to see them use it all for that. They still have a lot of expanding to do overseas and should put some of the money towards that. I think you have to view this company as a development stage company that carries a fair amount of risk. To be honest, my recent purchase was based more on technicals than fundamentals. There still seems to be a lot of size buyers out there and the stock is poised to make new highs. If they are able to keep their debt in check and remain profitable, I think they are a very good take over candidate down road. Remember, there has been some consolidation going on in the security industry too and it is expected to continue.

Hank