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Technology Stocks : NUTR - Nutraceuticals Inc -- Ignore unavailable to you. Want to Upgrade?


To: CoffeePot who wrote (23)2/19/1999 4:42:00 PM
From: Zoro  Read Replies (1) | Respond to of 41
 
After watching the steady buying action , I did jump in. The only additional information I came up with was that the company expects its y2k costs to be pretty cheap- about $200,000 of which they've already spent $20,000. I read their last SEC filing, and it seems to paint a pretty optimistic picture; I must be missing something though that lead to the drop from the 20's down to below $4. It should be an interesting ride.



To: CoffeePot who wrote (23)2/19/1999 8:43:00 PM
From: Robert Stewart  Read Replies (1) | Respond to of 41
 
It is true-- in comparison with other stocks this is low volume, but not particularly low in comparison with average NUTR volume. If anything there is a bit of a volume up surge (83,000shares traded today although less than yesterday vs. 22,000 average). Maybe this is a sign positive things are about to happen. I still think we will see some great growth this quarter. Anyone who has bought in at this point will be rewarded very well, IMHO. When a company with positive earnings trades close to book value, it is hard to go wrong. And, in brief visits with people who know well the executives of this company and Bane, I have become convinced that this company and its subsidiaries are being run by very talented people.