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Home > News > Whether agog or aghast, investors have eyes on NVE

July 1st, 2004

Whether agog or aghast, investors have eyes on NVE

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.

Star Tribune

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