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Technology Stocks : VitalStream Holdings Inc. (VSTH) -- Ignore unavailable to you. Want to Upgrade?


To: Bryan C. Simpson who wrote (100)3/24/1998 11:34:00 PM
From: Mark Jacox  Read Replies (1) | Respond to of 447
 
The stock continues to intrigue me. Seems to be in a trading range of between 2.5 and 3.5. A nice little bounce off the bottom today. I occasionally call the company and have become more and more disenchanted with their investor relations person. The "folksy, I know nothing" approach just doesn't sit well with the stock sitting in the mid two's. She also appears to be somewhat uncomfortable which concerns me. My understanding is that they were well received at pitcon (could be smoke).

Other employees however seem to be upbeat. If there were real problems I think you would be seeing key people leaving the company and this is not happening. My guess is that there is a large volume of stock in the hands of people who would just as soon get rid of it. As soon as this process runs its course and the company starts manufacturing and shipping (sales, revenues, something conceptual like that) then the stock will start to move up. I think even knowing (for sure) that there is a product(s) that will generate significant sales over the next 12 - 18 months would move the stock. Knowing the market it will take a show me approach to get the stock going but I think that when it does get going it will be a quick ride up and probably a buyout just as quick. Or the company simply will continue to generate no sales and liquidate and I can still be intrigued with a worthless security. I can then explain to my kids why college isn't really that big of deal anyway. Its nice to see some activity on this board.