* OFFTOPIC* Just thought Id let everyone in on this stock it looks like a great
value stock at just .20. Here is an excerpt from Stock-Line:
Another, stock I would like to mention is HIA, Inc. (OTC BB: HIAI). This company is located in
Colorado, and they distribute, and install industrial, and commercial outdoor sprinkler systems. They
serve Colorado, New Mexico, Kansas, Wyoming, and Nebraska As you know, lots of people are
moving west to these areas. In 1995 they did $14.5 million, earning $0.03 EPS. For the first 6
months of FY 96 they did $7 million and $0.05 EPS. My estimate is that for FY96 they will do $16
million in sales and earn $0.05. There are only 9.5 million shares out, the company has been buying
back stock, and has about 2.5 million shares in the treasury, of which they plan to retire one million.
The float is about 2 million shares. Book value is about $0.30. The stock is trading at about $0.20.
Here you have a stock that's trading at about 4X EPS! The company is in a growth mode -
management estimates that in FY 97 they will do $18 million and earn $0.10 EPS. |
