SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MightyMicroCap - Super Hot Penny Picks!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: smartblonde who wrote ()4/14/2000 1:03:00 AM
From: smartblonde  Read Replies (1) of 44
 
NEW! Interview with MSYS C.E.O.

courtesy of "stockcreep" on ragingbull.com

ragingbull.com

Here we go...A summary of Q and A's with CEO Todd Siegel via telephone: Part One (Answers proceeded with "*" are my own summaries based on conversation discussing that area)
1) Top 3 Priorities of Management at this time
1. Continue growth in revenues and profits
2. Improve Balance Sheet
3. Improve Investor Relations

2) Does improvement in future gross margins lie more in price increases or cost reductions.
*Current Gross margins are strong...the goal is to maintain these margins. An advantage right now is that many fixed costs in place can support higher revenues. In other words, these costs will not increase proportionately with corresponding increases in revenues, meaning net profit will benefit significantly with revenue increases from current levels.

3) In what area will positive cash flow most likely be used...a) debt reduction b) new product R & D c) fixed asset additions.
Positive cash flow- New Product R&D
Excess cash flow- Debt Reduction

4)Foreign market with the largest potential over the next 6-12 months?
Near-term...Europe

5) What is the largest potential for increased sales A) new products B)new markets for existing products?
*(summary)Mainly existing products for existing markets. many opportunities remain for the core long-term care markets..pharmacies for nursing homes and for the assisted living market. The company currently has about 50% of the long-term care "punchcard" market and is successfully focusing on smaller accounts with inroads being made on one of the larger accounts that they previously did not have business with. Also existing products have great potential in various foreign countries as compliance packaging becomes more of an issue.

6)New products...
*(summary)Two new products are expected to be released in the next few months...one, called OnDemand, will be addressing a new area and has many potential applications. The other is a packaging machine that will fit somewhere between the current MTS 300 and 400 models.
Also, existing products are sometimes modified for special needs of current customers.

7) Website...http://www.mtsp.com
Modifications and updates will be made from time-to-time to make the site more user friendly. There will be changes upcoming.

8)Next earnings release??
Target mid-June for 4thQ/Yr-end results

9)And Finally...the last Question:Now that the company seems more stable, are you ready to bring the stock back to the market from a PR standpoint...can shareholders expect more company press releases relating to new products, markets, etc...or just the quarterly results we're getting now?
*summary Not so much from a PR standpoint, but more of an IR(Investor Relations) standpoint. The company has had a historically conservative approach with what it announces publicly. In the past few years..this has been mainly do to various uncertainties regarding various post-bankruptcy issues and recently divested divisions. The company wants to get a few more quarters of profitablity under it's belt before opening up too much as far as forward looking statements to the market. However in general press release areas he intends to open things up a little more as far as press releases. He recognizes the importance of keeping the MTS name out in the marketplace and keeping shareholders and the market informed and up-to-date on the company and its products. So overall, as mentioned in Question 1, improving Investor Relations is a top priority going forward.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext