Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (2320)	5/12/1998 11:37:00 AM
From: musicguy	Read Replies (2) \| Respond to of 25711

For anyone still holding VLAB... (as I am...) A post from VLAB thread: " Trade show starts tomorrow in Switzerland: Worlddidac -- Basel, Switzerland, May 12-15 Hall 331, Booth D15 . Great exposure for the company (nice scenery, too!) Company mission: (From 10ksb 3-31-98) The Company's short term strategy is to develop or acquire image capture solutions for specific niche markets in education, audio visual, identification and medical applications where it already has distribution resources and can provide value-added solutions. Financial data: wow! Nice ratio! Common Stock Equity 3.3 --Shares Outstanding (mil.) 3.2 LIQUIDITY AND CAPITAL RESOURCES Working Capital, consisting principally of cash, certificates of deposit, receivables and inventories, was $3,019,056 at December 31, 1997 and $2,124,418 at December 31, 1996. The ratio of current assets to current liabilities was 4:1 at December 31, 1997 and 2:1 at December 31, 1996. Working Capital ratios have continued to improve due to the Company's positive cash flow mainly due to the net income. Perhaps some news will come out of the meeting: NOTICE IS HEREBY GIVEN that the Annual Meeting of Shareholders of VideoLabs, Inc., a Delaware corporation (the "Company"), will be held on Wednesday, May 20, 1998, at 3:00 p. m., local time, at The Metropolitan, 5418 Wayzata Boulevard, Minneapolis, 55416 for the following purposes: Shareholders of record at the close of business on March 31, 1998, are entitled to notice of, and to vote at, the Annual Meeting. At the record date 3,285,143 shares of the Company's Common Stock were issued, outstanding and entitled to vote at the Annual Meeting. The trade show coupled with the annual meeting may bring some much needed publicity to this underfollowed company. " I sold some @ 1 1/2 and held some. Is it a buy at these prices? Maybe not, but worth a look, and perhaps a slot on the watchlist. I'm glad I held some. (for the moment) MG