Home > News > Whether agog or aghast, investors have eyes on NVE
July 1st, 2004
Whether agog or aghast, investors have eyes on NVE
Abstract:
The bulls in NVE Corp. have won the latest battle in what has become one of the hottest recent stock wars over a Minnesota company. Little NVE of Eden Prairie might be close to commercializing next-generation computer memory. Or, maybe not, if you ask the company's critics. This much is certain: NVE was one of the state's strongest stocks in 2003, running from $5.75 to nearly $70 last September. That price could hardly be justified for a tiny company with earnings of only 45 cents per share last year.
Source:
Star Tribune
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