To: md1derful who wrote (4797 ) 4/12/1999 9:35:00 PM From: Andrew H Read Replies (1) | Respond to of 30916
Excellent post from Yahoo: >>Folks, Voclf is a software company by: Havehunchbuybunch 45834 of 45869 we are an internet telephone company. They sell their software to clients who implement it on their telephony networks. They cannot complete a telephone call for you. They have six million in revenues. We are not one of their clients. We have a much better, home grown, award winning, time-tested product. We have the largest fully functional internet telephony network in the world and dominate our space. Our revenues grow at about 25% per quarter, even Yahoo doesn't do that. We are not voclf and have nothing in common with them other than their statement, and I quote: 'Carrier interest in our solution for offering a range of new ip based enhanced services is HIGH AND CONTINUES TO GROW'...That is the only relevant fact to be obtained from voclf PERIOD. We are in a channel and strong uptrend. Study the charts, I'm not a chartist, but this is obvious from the open/high/low/close values. The market is telling you something, that without company generated news, or any kind of factual confirmation from the company we have almost doubled in a week based upon mild coverage from an albeit well-respected news website. This means that we are going north, probably in the channel that we have established, until we get for real news. You can be sure that in the interim the company has been working hard, and imo we have to be close, very close, to the news we have been long waiting for and/including analyst participation and institutional interest. When that happens, sayonnara. That could happen tomorrow, I don't know. All I know is that the passage of time is on our side. Enjoy the ride. To the shorts...You have a right to your opinion (and frankly, I welcome you, sometimes a little too much bullishness does scare me), but I would strongly suggest you be very careful with this one. It is on the verge of becoming about as treacherous to you as an AOL. I understand many of you aren't really 'short', but you have either sold overnight and are 'temporarily' out of the stock, and/or daytrade shorts, that's ok. My only advice is to keep track of how much money you make 'trading', and then compare it to taking a position and holding it. That's far more boring, I know, but I think you will be surprised at the result. HHBB <<