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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Jonathan Bartlett who wrote (1275)7/23/1998 12:35:00 PM
From: kili  Respond to of 7721
 
Jonathan,
In choosing warrants for a long term portfolio, you'll just have to keep a keen eye on the share price. You can't afford to let them (the wts.) sleep in a vault. If (WHEN ;-) ) the share price moves over $24, you'll have to watch out and 1) exercise the option to buy shares at $12 or 2) sell the wts. and buy shares. In any rate, the wts. will expire in 2001.

N. analyst co. reiterated their buy recommendation yesterday/today. They stated $40 as a suitable target in Jan.97, but seem to have left out the target now, supposedly because its higher... BTW: The same co. stated the $17 as the level for giving the next, solid buy signal (they are very technically minded -in analysing markets or single stocks, that is). They also (or was that another co.??) raised a warning if DJII should falter and fall below 9030. Seems to be a worrying level foreboding further major corrections of the entire market. Not even MVIS can stand up (alone) to such massive sell-offs. ---So be careful, although let it be known that I'm not: I believe MVIS will be a super investment no matter how bad things turn out.

Kim

Our friend Cresta is either a client of this company -or is in some way attached to it. I wish he'd show a bit of ID in aid to clarify. Hint. Hint.