Robert McWhirter
Versatile Mobile Systems
VMS-X
DON'T BUY
Dec 09, 2004
The merger with Info Logic makes sense because Versatile by itself has not been able to get much traction by growth. Once you put all the numbers together, there doesn't seem to be a lot of net income left over. Fully valued.
This company had a spectacular hole, the stock went up, and then 2 very good holes and the stock sold off! Thinks they are sitting on some pretty good zinc and copper properties.