ACCUMULATION ALERT Vol today 1.26 Mil. Close @ $1.25 up 48%
so far appears to have been
overlooked by the majority of investors is NASDAQ:HISS
For others , HISS in the business of establishing and
operating fixed-site magnetic resonance imaging centers. Business is
booming. For the fiscal year ended December 31 1988, revenues rose 61% to
$16.5 million with net income applicable to Common totalling $2 million
against a loss of $804 thousand in the previous year.
This strong upwards trend has continued into the current year and last
month, HISS reported an 88% increase in revenues for the quarter ended
March 31 1999 of $6,022,502 as compared to the $3,198,641 in revenues
reported for the three months ended March 31 1998. Earnings before
interest, taxes, depreciation, amortization and preferred dividends
(Adjusted EBITDA) for the three months ended March 31 1999 were $2,022,544
reflecting a 116% increase over Adjusted EBITDA of $935,296 for the three
months ended March 31 1998.
Yahoo!Finance show book value at $1.56 per share and earnings at $0.15 per
share. At the current stock price of $ 27/32, it
is on a P/E ratio of just 5.6!
HISS may not remain in its relative obscurity for much longer for the
company is now starting to issue high profile and exciting news. The
other week, HISS announced an exclusive arrangement
with National Healthcare Resources.The
average industry rating for Healthcare Facilities is 27.08 - a rating
which would put the HISS stock price over $2-4. IMHO
2MAR$ |
