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


To: Joe Copia who wrote (3379)5/22/1998 12:47:00 PM
From: William Chalupa  Read Replies (1) | Respond to of 25711
 
INNI, 6 trades in the last hour, up 14%. Let's hope something may be waiting in the wings for next week.



To: Joe Copia who wrote (3379)5/22/1998 2:03:00 PM
From: musicguy  Read Replies (1) | Respond to of 25711
 
Just got my mail and theres a VLAB shareholders letter. Very positive, focuses on recent acquisitions and EPS doubling to .02

a few quotes:
" We are actively working on several acquisitions and new products that should return the company to its former growth profile. In the last several weeks 500,000 warrants have been exercised resulting in additional cash revenues to fuel future growth."

The CEO goes on to say:
"I am personally excited by the potential I see for this company over the next 18 months and recently bought an additional 170,000 shares to demonstrate my belief in our future. The board of directors of the Company also approved in March of 1997 a stock buy back of 100,000 shares. In March and April of 1998 the Company redeemed a total of 91,231 shares of the Company's common stock in private transactions and retired all 91,231 shares"

Maybe it's just me, but after reading this, not only am I glad I held my VLAB, but I am looking to add more, especially on dips.

Any other opinions? Any fellow VLABers out there?

MG