Interesting stock, expect to show up in the undervalued list next quarter, should have trailing 12 month sales of 143mill, now with
2.58mil shares (only .2mill float) and no LT Debt the fair value price is about $55/share. An overun should bring the price to just shy of $100. They have a product line -- Quality Control aides -- Computerized inspection. and have bought the english firm Vernon and their product line. Customer base is wide spread and as 'manufacturing' sector picks up this year their products will be in demand.
Symbol is MORP, any interest please post. Looks to be a suttle stock with no following in a sector with no interest (but growing)
Later, TOM
opertech.com |
