1st quarter results should be out anytime between now and Tuesday of next week. From my talk with Rick at Net Shepherd, I'm of the opinion that this company will do extremely well over the next 12 months. IMO, We may see a bit of a pull back in the near term but will definitely see increased share value over the months to come.
I'm of the understanding that this next financial is showing a substantial improvement over the same quarter last year - a good sign in my opinion. If all the quarterly financials this year show improvements over the same quarters last year, we'll be reaping very nice rewards from our investments.
I try to remember that in order to maintain continued growth, a company may experience pull backs from time to time as they increase their expenses for the sake of mergers, acquisitions and strategic alliances. As well, these very ventures will be increasing their revenue and, if not immediately - eventually, their profitability.
I was told that they have a seven digit figure (cash) in the bank and that a TSE listing is not being considered, however, a NASDAQ listing would like to be accomplished before the end of the year 2000.
IMO, if they continue growing at the same rate as they have these last several months, we will be well rewarded. I would expect the stock to find support between 3.50 and 4.50. This is based only on my own analysis which is based on marketability (of services or product), financials, projections, market trends, and investor tolerance levels. It seems to work for me... sometimes.
Again, just my opinion.
Marty |
