This flat panel display and chips manufacturer for
commercial and military markets was recently formed through the merger of Bowmar Instruments (BOM) and
Electronic Designs (EDIX)
Website: whitemicro.com
Industry Comparison: marketguide.com
5year sales growth rate is running at 124%.
Float is 3 million shares; total out is 7.
Current ratio is over 2; lt debt is .14 to equity.
Corporate telephone in MA:
(508) 366 5151
3 mo avg daily volume has increased by 10k recently
to high 30k. Many days this month over 100k and some over 200k.
Merger should be accretive after current quarter or two. Recent industry shortages have improved pricing substantially (20%).
No shortage of quality customers including Intel.
Technicals look strong since recent rally took price up through moving averages on consistent
volume.
A small convertible preferred issue (120,000 total out) trades publicly with a high dividend yield.
Premium is low.
My long term price target is $20, A TEN BAGGER
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