Amtech is a Dallas producer of RFID products, including the standard rail car RFID module. Last year they purchased the biggest producer of cardkeys and a cellular communications company; their revenues have more than doubled this year and they appear to be recovering to break-even from losses which have crushed their stock.
Currently the stocks trades at around 6, down from 12 a few months ago. Book is $4.50 or so and earnings should turn positive in '97. The company is quietly building an integrated solution for mobile data communications and inventory as well as personnel identification and security products, and there has been no publicity or analyst push on it for some time.
I recommend this issue as an alternative to pricey fingerprint ID companies, with a target price of $16 late next year. Short-term pops to $10 occur every few months, so it's also a good speculative play. |
