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Technology Stocks : Visual Data (VDAT) -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (1)5/18/1998 12:31:00 PM
From: Skywatcher  Read Replies (1) | Respond to of 405
 
Revenue Jumps 646%, Company Notes Developing Contribution From All
Library Subsidiaries
POMPANO BEACH, Fla., May 18 /PRNewswire/ -- Visual Data Corporation (Nasdaq: VDAT - news) today reported unaudited financial results for the second quarter and six months ended March 31, 1998.
For the second quarter ended March 31, 1998, Visual Data reported record revenue of $383,285, an increase of 646% from revenue of $51,386 during the second quarter of fiscal 1997. The Company incurred a net loss of $543,287, or $0.18 per share during the fiscal 1998 second quarter, compared to a net loss of $342,883, or $0.20 per share, during the fiscal 1997 second quarter.
Thats quite a revenue jump Gary...no movement on the stock...what's the real story with this one?
chris



To: Gary105 who wrote (1)1/7/1999 9:10:00 PM
From: prgraphics  Read Replies (2) | Respond to of 405
 
Why have people left this board. The company is making progress and the stock is steadily moving upward. They are positioning themselves in the correct market and I believe that they have significant upward potential. Why! Write me and I'll go into it. Read the press releases, look at the who else is in their arena and look at the price of Internet stocks in general. They are going after the advertising dollar in using a different approach than portal. This is good. The issue is undervalued and the run-up could be something to behold.

Gary R.

grichard@prgraphics.com