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Technology Stocks : MVSI - AN UNDISCOVERED GEM -- Ignore unavailable to you. Want to Upgrade?

To: Will Lyons who wrote (537)	9/4/1998 12:28:00 PM
From: Jay D.	Read Replies (1) \| Respond to of 627

News sounds great! BUT... how profitable will it be? Increased revs are a good sign especially 50% growth, but if your not profitable what good is it? Also increased volume on the down tick is definitely not a good sign? Whether it is due to the market as a whole or the company in particular, I don't know, but not a time to buy. JMO Jay The company has bought back well over 500k shares in the past 9 months with the most recent in June, so this is good.

To: Will Lyons who wrote (537)	9/4/1998 2:38:00 PM
From: Mark Ambrose	Read Replies (1) \| Respond to of 627

For the record, here's a link and the Reuters news on MVSI. biz.yahoo.com ---------------------------------------------------------------------- Friday September 4, 10:58 am Eastern Time MVSI sees net profit, record rev in Q4 VIENNA, Va., Sept 4 (Reuters) - MVSI Inc. said Friday that it sees record revenues of about $17 million and a net profit in the fourth quarter amid new customer growth. The technology company said in a statement that it posted a loss of $0.16 per share in the fourth quarter of 1997 on revenues of $10 million. For the fiscal year ending September 30, the company forecasts revenues of about $60 million versus $40 million a year before. MVSI said it expects to maintain or exceed the year's 50 percent growth rate in its next fiscal year beginning October 1. The company also said it sees an increase in profitability from internal operations irrespective of any acquisitions. The company said it thinks its stock is undervalued given its growth rate and profitability forecasts. Its stock was at 3-3/16, down 1/16 on the day, in morning trading. MVSI performs computer software engineering and development for systems applications, including Year 2000 remediation solutions.

To: Will Lyons who wrote (537)	9/6/1998 5:35:00 PM
From: Crusader	Read Replies (1) \| Respond to of 627

The PR seemed positive. It could be that investor's that had bought on margin are getting bumped out now that MVSI dropped below 5. If I had money, I would be a buyer at these levels. I think it is a steal of a deal for a technology company that has the clients that they have and the revenue growth they say they will make. Plus, they say that they do not even have any Y2K revenues factored into this number. I don't think they are doing a lot of Y2K remediation, but they have announced some contracts. Plus, I believe they are still a large number of companies out there that have not addressed this problem. Historically, this has not been a very volatile tech stock, but one that you can definitely make money on if you can look out about 6 months. It sure seems like a buy to me, but make sure to do your own DD and make the decision that's right for you. Crusader