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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (25717)2/26/1999 1:25:00 PM
From: AC Flyer  Respond to of 120523
 
For some recent history on VIRGY....

....the thread is at: Subject 18444

This company will be a powerhouse player in European air transportation; may also become part of a seamless US-Transatlantic-European carrier under the Virgin brand. See thread for detail.

Lots of upside (and no downside - squeaky clean balance sheet, $4+/share in cash, no debt, NBV $14/share) for stock over next 3 to 5 years.



To: Jenna who wrote (25717)3/3/1999 11:45:00 AM
From: AC Flyer  Respond to of 120523
 
VIRGY oversold....

....at 9 1/4. Now trading at 28.45 Euro/IDS in Brussels, up strongly from yesterday's close, equivalent to $10.34/ADS.

4Q98 earnings now about 3 weeks away. Will surprise on the upside. Recently announced stock buyback will reduce float by about 10% this year. VIRGY will form a new base at the $10 to $11 dollar level before moving up again sharply in July. Year-end target $18 - $20.


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