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Strategies & Market Trends : MightyMicroCap - Super Hot Penny Picks!

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To: smartblonde who wrote ()4/13/2000 10:12:00 AM
From: smartblonde   of 44
 
Here are the details on their last pick. Still looks undervalued to me at todays range: ~.46 - .53

Medical Technology System
*** MSYS ***

Float: 1.80M
EPS: $0.13
P/E Ratio: 3.4
Opening Price: 0.5

Reasons to buy:
1. Company is liquid with great cashflow
2. Earnings per share: $0.13 (better than Yahoo!)
3. New products coming down the pipe
4. Company has paid down its debts and is financing its own growth
5. Price to sales ratio is only 0.17
6. Revenues were $12.3 million for 9 mos. ended 12/31/99

Profile:
MSYS manufactures and sells proprietary packaging systems to pharmacies that dispense prescription medications for use by nursing homes and assisted living facilities. For the 9 months ended 12/31/99, revenues rose 14% to $12.3M. Net income from cont. ops. before extra. items totalled $735K, up from $138K. Revenues reflect greater number of punch cards and packaging machines sold. Earnings reflect lower costs of sales as a percent of sales.

From latest Quarterly Financials

"The Company has several new product development projects underway that are
expected to be funded by cash flow from operations. These projects are monitored
on a regular basis to attempt to ensure that the anticipated costs associated
with them do not exceed the Company's ability to fund them from cash flow from
operations. "
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