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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (466)3/29/1999 8:34:00 PM
From: golden_tee   Respond to of 10293
 
Dale, according to Wexler, this stock is massively overvalued. With it's substantial market capitalization, I think the market has definitely priced some of the future cash flow into the price of VLNC. Only the uncertainty of success (and a lot of short investors who do not, or will not, take the time to research the company) keeps the stock in the single digits.



To: Dale Baker who wrote (466)3/29/1999 9:10:00 PM
From: BDR  Read Replies (1) | Respond to of 10293
 
<<Robert, the company hasn't sold anything and says in its SEC filings that it's not ready to.>>

Dale, you mean you don't buy this argument:

"The company is and has been for the last 5 years an R & D company. They only now have something to sell. OF COURSE they have no revenues <shaking my head>."

I would just point out that ALTIF also describes itself as an R & D company by way of explanation for the 25 year history of no products and no sales. Be patient. VLNC has only been at it for five years. These things take time. (g)