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Technology Stocks : Vidikron Technologies Group (VIDIC) -- Ignore unavailable to you. Want to Upgrade?


To: Gerald Thomas who wrote (764)11/17/1998 12:09:00 PM
From: Tomas  Read Replies (1) | Respond to of 782
 
Well the good news is that they didn't seem to loose as much money this last quarter (eps).

The bad news is that the stock is trading at $0.125 and they want it at above $1.00. A 10 for one really won't do it, at least not for long. So maybe a 20 for one. I hope they don't try to play it safe and try to hit a $5.00/share target.

Of course, on the good side, typically shares are rounded up to the nearest whole share. So, if they reverse enough shares (500 to 1, 1000 to 1), I may actually come out ahead!!!!

"Etrade, I need to place a sell order for one share please, yes, one share."

Tom