To OTC Journal Members:
 

Special Announcement

This weekend's edition will mark the beginning of a series of audio interviews I will be conducting with the senior management at the companies I have featured during the 2003. The purpose of these interviews is to give you the opportunity to get intimate with management. This will help you evaluate your own comfort level in continuing to own or establish a new position in any of these stocks.

This weekend, I will be interviewing Mike Novielli, Chairman of Network Installation (OTC BB: NWIS). When you receive the weekend edition, you should be able to just click on the link, and the audio stream will simply come out of your speakers. If you don't have speakers, there will be a print version of the interview in the edition.

I will try to keep the interview length to about 10 minutes. This is a must listen for anyone who owns or is contemplating owning shares of Network Installation.
 

VirTra Systems (OTC BB: VTSI) - Another New Contract Keeps the Mo Going

Today, just after the market closed, our superstars at VirTra Systems announced another new contract. This time, the company has been engaged by current client Red Baron Pizza to create and deliver a new promotional virtual reality experience for Red Baron® Pizza’s museum project in Marshall, Minnesota. 

The Red Baron Museum is anticipated to open in the first quarter of 2004. VirTra Systems will develop a newly enhanced, high-definition virtual reality destination experience, which will be located adjacent to the squadron’s hanger. Visitors will be able to virtually fly the Re Baron bi-planes.

This is the fifth new contract the company has announced since the beginning of September, which coincides with the point in time at which the stock began a nearly four fold move.

The chart is beginning to get compelling. The stock made it's new high on a spike to $.47 in mid October. For the last six weeks, shares of VTSI have been digesting that 370% gain from the $.10 level in mid July.

The sideways grinding period has now extended for nearly six weeks. As long as the company continues to deliver positive fundamental developments and new contracts, the stock will eventually break out of this range and head for higher ground.

As you can see, as the daily fluctuations are getting tighter, and volume is contracting. This suggest everyone who was going to sell for a profit has now done so, leaving the stock positioned for a move up on the next volume surge.

Perhaps the news of this new contract will push the stock to higher levels. My updated price target for this stock remains at $1 in 2004. I believe the company will deliver several multi-unit sales in the "Judgemental-Use-Of-Force" training simulators, and it will be off to the races.

In any case, VirTra appears to be on track for an outstanding 2004. Accumulate now for the next big surge. The complete text of today's news release can be found at the bottom of this edition.
 

Irvine Sensors (NASDAQ: IRSN)- Stock Rockets in Sympathy With BGA Technology

I hadn't planned on covering Irvine Sensors in today's edition, but my inbox is filled with inquiries from OTC Journal members, so I thought I'd better bring everyone up to date.

As you can see from the chart, shares of Irvine Sensors have been on a tear over the last week. You have to go back to May of 2002 to find the stock trading higher than it is today. Recent volume levels have been the highest in years.

There is no fundamental change at the company to explain the recent unprecedented interest in the stock. I believe Wall Street money managers are gobbling up shares who are investing in the "BGA Space" theme. 

Irvine Sensors is one of the pioneers in what most analysts view as the next big wave of stacked memory. Most feel the new BGA (ball grid array) will replace the now outdated TSOP (thin small outline package).

When it comes to small and powerful, Irvine Sensors is the king. They have developed the world's smallest fully functional computer. They have developed some very powerful, low power usage computing solutions for military and homeland security applications.

The BGA space is extremely hot on Wall Street right now. Recent IPO Tessara Technologies (NASDAQ: TSRA) was reputed to be 10 times oversubscribed. The IPO was a Lehman/Merrill/Soundview deal. 

The IPO was priced at $13 back on November 13th. It is currently trading at $21. Tessara licenses technology in the BGA space to chip manufacturers. Is it any wonder bargain hunters have discovered Irvine Sensors with it's paltry $27.5 million market valuation? 

Look for $4 to $5 over time if the company delivers more contracts in the BGA space. This move in the stock is very satifsying as IRSN had been one of my lackluster ideas of 2003. That's over with now.

Click Here to view our compensation on every company we have ever covered, or visit the following web address:  http://www.otcjournal.com/disclaimer.html for our full profiles and http://www.otcjournal.com/trading-alerts/disclaimer.html for Trading Alerts. MarketByte LLC has been paid a fee of $25,000 in cash and one million newly issued restricted shares by Virtra Systems for coverage of the company. MarketByte LLC has been paid a fee of $25,000 by Irvine Sensors for coverage through December 31, 2003. As part of the agreement, one of the prinicipals of MarketByte LLC has been awarded 75,000 options, with an exercise price of $1.35. 

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