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Re: choo choo trader post# 9

Thursday, 06/22/2006 7:27:46 AM

Thursday, June 22, 2006 7:27:46 AM

Post# of 3832
Hey Choo Choo, no I wasn't around for the CC, but will try to listen over the weekend. The Google agreement is compelling and one of many reasons I bought. Yahoo states that the market cap is $37.8 million, while VOII's enterprise value (the minimum price someone would have to pay to buy the company) is at $82.54 million. It appears the company is operating at a negative cash flow and has other financial woes to work out...so it's a leap of faith and hopefully healthy revenues will take care of that down the road. Definitely don't like the insider selling, but maybe we'll see some buying soon. There are recent options exerciseable at $1.00-$1.12/share. I did buy more on Monday in the 60-cent range and see no reason not to just let this one sit for a while. The Naz site gives a consensus share price of $3.29.

Recent resignations, a new CEO, financial pressure all seem to be weighing heavily on this stock...and I still have more homework to do!

http://www.nasdaq.com/earnings/analyst_summary.asp?mode=&kind=&symbol=voii&symbol=&s...
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