Docucon ( DOCU ) Message Board

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Microcap & Penny Stocks : Docucon ( DOCU )

DOCU 68.87

+1.3%

Nov 26 3:59 PM EST

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To: PawPr who wrote (11)	6/9/1996 3:46:00 PM
From: Bill L.	of 510

From a strictly technical standpoint, a look at the chart of DOCU appears to be breaking out to an all time high on the news of the LU contract. This is a very interesting looking company; this would seem to be an excellent time to pick this one up. I did a search on Telescan...nice that it's a small cap vs. BB as there is actually info available on the company. DOCU provides services for the automated conversion of documents, including graphic images, to computer-accessible formats and develops, markets and supports software products for use by attorneys. Revenues for FY 1995 rose 28% to $11 million. Results reflect improved results in the backfile conversion service division and increased sales in the JFS Litigators Notebook and related products. (I would think the defense dept. contract and the new LU contract will absolutely blow DOCU's earnings through the roof in the near future when added to these types of '95 earnings!) Current Price is $1.44 (all time high according to my chart) 52 week low $0.34 6 institutions hold stock LT debt to equity ratio: 0 Price to book 6.90 For common stock, it says 25M authorized, 11,891,144 issued. insiders own 11% This looks like it could be a good one. Bill

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