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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Stockdoctor who wrote (3140)1/4/1999 5:15:00 PM
From: DM  Read Replies (2) | Respond to of 56535
 
All (S) VIAX

Viagrafix Corp---develops, produces and markets tech-based information technology training products and graphics software products, including vidio tutorials and interactive multimedia training courses delivered on CD-ROM, LANs, intranets and internet.....For nine months ended 9/30/98 net sales rose @5% to 12.3 million, however net income fell 19% to 1.2 million..Results reflect increases in the volume of producst sold, offset by increased wage expense due to personnel additions...In other words growth went up but expenses went up faster. This is not necessarly bad, depends on what type of personal was added and why. Will try and find out from them.

Company went public in 3/1998 $13.00, 52-week high 16, low 2.531.
Closed today at 5 1/2 up 1/2 on 10,000 volume.
daily average vol (3-month) 36.3K
float 2.20M
Long-term debt/equity 0
Shares short 7,000....short ratio .23
Institutional ownership 12.15%
One analysts following southwest securities on 10/21/98 downgraded from buy to speculative buy
Earning est for Dec .03 for year .24 for 1999 year .65
Sept 1998 earnings est. was for .13..came in at .03
Last insider buy (that i could find) was on 11/23 10,200 shares bot between 5.75-5.80
Latest news story on 11/10/98 board reconfirmed growth strategy, company plan includes new training software product launches, retail sales growth and puch towards sales to corporations.

I will try and find out if they have been having sucess implementing these stratgies along with when dec anouncement will be made.

I am new at this so any suggestions will be appreicated.
Dm
info on SDTI hopefully tonight




To: Stockdoctor who wrote (3140)1/4/1999 8:27:00 PM
From: Kimberly Lee  Read Replies (2) | Respond to of 56535
 
Farokh, I picked up several points on BIGE on Dec 28 by holding it through Christmas. I distinctly remembered that day it had trouble climbing past 17 1/2. Every time it ventured into the 17 - 18 area, it was met with relentless selling.

I expect tomorrow would be similar. We need to clear 18 with convincing volume for BIGE to go higher. Otherwise I would sell into the 17 1/2 area, and may yet start building up a short position from there.

Knight Securities' chart doesn't look too good. I don't see any serious support until 17.5, the former double top resistance. Jan options expires on the 15th, which is only 9 trading days away. Personally if I were to play the Jan options, I will probably do a synthetic spread as time premium seems awfully rich for options that have just 9 days to go.

Moreover, QTNMD is trading at 1 1/2. I don't have my OptionVue and other option related software on this laptop, but at a casual glance, in the money puts, such as QTNMX, trading at 2 5/8 seems a better buy. Also, there is QTNME at 4.

I will try to remember to do a more thorough analysis when I get back to my office.