Came across this company while checking form 4 buys, Disc INC.
DCSR has 3.69m outstanding, with a float of 700k. The following I took from the Yahoo profile
"DCSR designs, manufactures, and markets a family of high-end computer mass storage systems which use 5.25 inch rewritable, magneto optical disks and CD-ROM disks. For the nine months ended 9/30/98, revenues increased 4% to $6.4 million. Net loss rose 1% to $1.9 million. Revenues benefitted from an expanded customer base. Higher loss reflects unabsorbed manufacturing costs and a high cost of materials due to the inability to achieve purchasing economies of scale." Also as I stated there has been more than alittle inside buying of this stock. The latest being 310k by a officer/director of the company. The total amount of this companies stock held by insiders as of 2/15/99 is 81.1% This is not a recommendation, do your own DD. |
