Latest list of possibles for Thursday APR 27 pick!
Check these out. Mighty Marvin just sent them to me. An assortment of his own research and suggestions to the site:
Profile - PCSupport.com (OTC BB:PCSP.OB)
Market Capitalization $35.3M Shares Outstanding 6.43M Float 4.10M 52-Week Low on 31-Jan-2000 $1.438 Recent Price $5.50 52-Week High on 9-Mar-2000 $9.688
Financial Summary PCSP developes and commercializes support services for the PC market. The Co.'s commercial application will be providing daily secured backup of PC hard-drives over the Internet, overnight laptop replacement and an aggregation of web-based computer support services. For the six months ended 12/99, revenue totalled $2 thousand vs. no revenue. Net loss totalled $1.4 million, up from $79 thousand. Results reflect sales, offset by higher personnel and development costs.
Profile - PrimeLink Systems, Inc. (OTC BB:PMLK.OB) Market Capitalization $24.0M Shares Outstanding 4.26M Float 2.00M
52-Week Low on 28-July-1999 $0.125 Recent Price $5.625 52-Week High on 28-Mar-2000 $8.25
Business Summary PrimeLink Systems, Inc. is an infrastructure service provider. The Company's primary business is the installation and maintenance of telecommunication networks, which today means almost exclusively fiberoptic cable systems. From December 1992 until 1998, operating under the name Pacesetter Ostrich Farm, Inc., the Company was exclusively engaged in the production and sale of ostrich and ostrich products. In October 1998, the Company completed the sale of substantially all of its ostrich assets and began operations exclusively in telecommunications construction with an emphasis on placement of underground fiber optic systems. The Company believes that the new name, PrimeLink Systems, Inc., will promote public recognition and will reflect the revised focus on telecommunications construction with an emphasis on fiber optic systems. Financial Summary PMLK in engaged in telecommunications construction with an emphasis on placement of underground fiber optic systems. For the nine months ended 9/30/99, sales totalled $1.2 million, up from $242 thousand. Net income totalled $208 thousand vs. a loss of $496 thousand. Revenues reflect the continued substantial increase in the construction business. Net income also reflects decreased operating expenses due to costs associated with the sale of all livestock inventory.
Vector Energy Corp. VECT
Float: 3.2 M OS: 9.48
Business Summary Vector Energy Corporation and its wholly owned subsidiary, Vector Exploration, Inc., are engaged primarily in the exploration, production, acquisition and development of oil and gas properties. These operations are conducted in the United States. Producing properties are then frequently offered for sale through an open competitive bidding process. The Company is currently active in property acquisition and development in the states of Texas, Oklahoma, and Louisiana. The Company owns interests in productive oil and gas wells as follows: Gross Oil Wells, 79, Gross Gas Wells, 49. Financial Summary Vector Energy Corporation, through its wholly-owned subsidiary, Vector Exploration, Inc., is involved in the exploration, development and production of oil and gas. For the six months ended 10/31/99, revenues rose 23% to $585 thousand. Net loss totalled $4.7 million, up from $521 thousand. Revenues reflect the acquisition of oil and gas wells located in Oklahoma, Texas and Louisiana. Higher loss reflects increased general and administrative expense as a percentage of sales.
Power Technology Inc. (OTC BB:PWTC.OB) Market Capitalization $17.8M Shares Outstanding 15.8M Float 1.60M 52-Week Low on 6-Oct-1999 $0.315 Recent Price $1.125 52-Week High on 7-May-1999 $2.813
powerpwtc.com
Business Summary Power Technology Inc. is a research and development company engaged in activities regarding batteries for the automotive and electric car industries, electronic sensors and pipeline connection technology. The primary business of the Company has been to develop advanced technology for batteries to be used in the automotive and electric car industry, and other uses. The Company is in the process of producing preliminary prototype versions of its battery that will be built and tested in a variety of configurations. The Company is also developing equipment designed to join large diameter pipe utilizing magnetic pulse methods, a cold form method joining a metal sleeve around the ends of two abutting pipes. The Company has also been developing its alloy sensor technology as a permanently installed water detection device to check for the presence of water in storage tanks, fuel tanks and other systems. Financial Summary Power Technology Inc. engaged in research and development activities regarding batteries for the automotive and electric car industries, electronic sensors and pipeline connection technology. For the nine months ended 10/31/99, revenues remain flat at $0. Net loss decreased 13% to $461 thousand. Results reflect lower S/G/A and R&D expenses due to decreased activity in the company research and development activities.
iDial Networks, Inc. IDNW
Business Summary iDial Networks, Inc. (www.idialnetworks.com) is an established Application Service Provider (ASP) of Internet Protocol (IP) Telephony communications. iDial has integrated the economics of VoIP technology with the convenience of conventional telephony to enable web initiated telephone services. With iDial applications the Company is able to offer consumers and businesses telephony services at costs approaching the wholesale rates of carriers. The Company currently offers traditional prepaid phone cards and VoIP services based on iDial Networks technology under the following brand names for which various trade and service marks are registered: NetPhoneCard, SendaCall - Prepaid, PhoneMeNow, CellPhoneCard, HomePhoneCard and CheapPhoneCard. Financial Summary iDial Networks, Inc. is an Application Service Provider (ASP) of Internet Protocol Telephony communications. For the fiscal year ended 12/31/99, revenues totalled $1.6 million, up from $525 thousand. Net loss totalled $561 thousand, up from $201 thousand. Revenues reflect an increase in products being offered and an increase in the overall customer base. Net loss reflects an increase in S/G/A expenses due to higher consulting and professional fees.
52-Week Low on 17-Apr-2000 $1.063 Recent Price $2.625 52-Week High on 29-Feb-2000 $7.00
Market Capitalization $48.7M Shares Outstanding 18.5M Float 3.00M
Target Logistics TARG.ob 112 East 25th Street Baltimore, MD 21218 Phone: (410) 338-0127 Fax: (336) 668-7509 Employees as of 6/99: 170
Market cap: 6m OS: 12m Float: 4.4m Price/Book (mrq) 0.37 Price/Earnings N/A Price/Sales (ttm) 0.09
Price: 0.5 - 5/8 Vol: 5 k
Business Summary Target Logistics, Inc. provides freight forwarding services and logistics services through its wholly owned subsidiary, Target Logistic Services, Inc. The Company's freight forwarding services involve arranging for the total transport of customers' freight from the shipper's location to the designated recipients, including the preparation of shipping documents and the providing of handling, packing and containerization services. The Company concentrates on cargo shipments weighing more than 50 pounds and generally requiring second-day delivery. The Company also assembles bulk cargo and arranges for insurance, and has a network of offices in 29 cities throughout the United States. The Company also has international freight forwarding operations consisting of strategic relationships in over 20 countries including share ownership in its exclusive agents in China, Hong Kong, Philippines and Singapore. Financial Summary Target Logistics, Inc. provides freight forwarding services and logistics services, through its wholly owned Target Airfreight, Inc. The Company has a network of offices in 29 cities throughout the United States. For the six months ended 12/31/99, revenues rose from $21.8 million to $43.9 million. Net loss applicable to Common totalled $297 thousand vs. an income of $13.9 million. Results reflect an increase in freight volume, offset by the absence of a $24.8 million gain from the sale of CAS.
Xenometrics, INc. XENO
Market Capitalization $2.96M Shares Outstanding 2.96M Float 1.60M Recent Price $1.00 52-Week High on 8-Mar-2000 $11.875
Business Summary Xenometrix, Inc. is a biotechnology company with a proprietary gene profiling system that characterizes a cell's response upon exposure to compounds and other agents by the pattern of gene expression in the cell. The Company develops, manufactures, and sells assays that measure the genetic response of human and bacterial cells to various compounds, along with proprietary software for reporting and analyzing the test results. The Company's two current technologies include Gene Profile Assays and Genotoxicity Assays. These two assay systems provide information about what is occurring at the molecular level when living cells are in the presence of a foreign substance, including, but not limited to, activation of receptors and signaling pathways, changes in cell metabolism, damage to cellular components, cell death, tumorigenesis, teratogenesis, irritation and other reactions. In addition, Xenometrix offers a contract laboratory service that tests and evaluates compounds for clients. Financial Summary Xenometrix, Inc. is a biotechnology company with a proprietary gene response profiling technology that characterizes a cell's response upon exposure to compounds and other agents by the pattern of gene expression in the cell. For the six months ended 12/31/99, revenue fell 2% to $837 thousand. Net income totalled $161 thousand vs. a loss of $702 thousand. Revenues reflect decreased up-front licensing fees. Earnings reflect the absence of interest charges on promissory notes. Net Income (Loss). For the quarter ended December 31, 1999, there was a net loss of $79,000 or $0.03 per share compared to a loss of $286,000 or $0.10 per share, reported for the comparable quarter of fiscal year 1998. The loss would have been $0.03 per diluted share.
Canal Capital Corp. COWP
Shares Outstanding 4.33M Float 2.40M
Recent Price $0.25 Price/Book (mrq) 0.31 Price/Earnings (ttm) 0.83 Price/Sales (ttm) 0.13
Business Summary Canal Capital Corporation manages and develops agribusiness-related real estate properties, operates public stockyards, and purchases and sells art. The Company has real estate properties located in six Midwest states. Its principal real estate operating revenues are derived from rental income from its Exchange Buildings, lease income from land and structures leased to various commercial and retail enterprises and proceeds from the sale of real estate properties. The Company operates three central public stockyards located in Sioux City, Iowa, St. Joseph, Missouri and Sioux Falls, South Dakota. The Company's principal stockyard revenues are derived from a per-head charge (yardage charge) imposed on all livestock and the sale of feed and bedding. The Company also engages in art dealing operations, which consist primarily of inventories held for resale of antiquities primarily from ancient Mediterranean cultures and contemporary art primarily of one artist. Financial Summary Canal Capital Corp. is engaged in three distinct businesses -the management and future development of its agribusiness related real estate properties, stockyard operations and art operations. For the three months ended 1/31/00, revenues totaled $1.6 million, up from $733 thousand. Net income applicable to Common totaled $68 thousand vs. a loss of $188 thousand. Results reflect initial stockyard revenues following the purchase of three stockyards on 8/1/99.
TSSW Touchstone software
Business Summary TouchStone Software Corporation is a developer and publisher of utility software used to set up, maintain, and manage personal computers and networks. The Company's utility software can be classified into three areas: diagnostic software, Internet optimization software, and file transfer software. The CheckIt product line, a family of system diagnostics, is designed to meet the needs of consumers and service technicians. The CheckIt products, utilizing the Company's core technology, have continued to evolve since they were first introduced in 1988, as new versions are released periodically to provide updated hardware tests for the latest technology. The CheckIt products are sold worldwide through the retail channels with some penetration into the enterprise and OEM market. Financial Summary TouchStone Software Corp. designs, develops and distributes utility software for the setup, maintainence, security and management of computer networks. For the nine months ended 9/30/99, revenues rose 41% to $4.8 million. Net loss rose 33% to $3.8 million. Revenues reflect higher sales of the Company's BIOS upgrade and Year 2000 solutions. Higher loss reflects the amortization of goodwill and intangible assets in association with the acquisition of Unicore. Recent Earnings Announcement For the 3months ended 12/31/1999, revenues were 1,941; after tax earnings were 1,448. (Preliminary; reported in thousands of dollars.) Shares Outstanding 11.3M Float 9.90M 52-Week Low on 29-Nov-1999 $0.375 Recent Price $0.781 52-Week High on 28-Feb-2000 $3.75
TXCS
Float 8.40M $1.625 Business Summary TotalAxcess.com, Inc. provides telecommunication services to a wide variety of consumers. The Company's services care comprised of five segments, Non Switched One Plus long distance service, Non Switched wholesale and retail pre-paid calling cards, Switched pre-paid calling cards, Switched wholesale services and the HitLoTTo program. The HitLoTTo program uses a unique pre-paid phone cared promotions, telecommunications and proprietary computer software to organize and market electronic lottery clubs for lottery players to participate in various State Lotteries. Financial Summary TotalAxcess.com, through its subsidiaries, is involved in the one plus and pre-paid telecommunications industry, network marketing, and lottery publications and play industries. For the six months ended 12/31/99, revenues totalled $7 million, up from $512 thousand. Net loss applicable to Common totalled $3.5 million, up from $1.2 million. Revenues benefitted from acquisitions. Higher loss reflects a lower gross profit margin and higher general and administrative expenses.
Fortress Group, Inc. FRTG
Business Summary Fortress Group, Inc. is a national homebuilding company engaged in designing, building and selling single family homes in the metropolitan areas surrounding a diversified group of cities in the United States. The Company offers high-quality, innovative homes, targeting a diverse range of market segments including the first-time, entry-level buyer, move-up buyer and luxury homebuyer. The Company markets a wide range of single family detached and attached homes ranging in size from 1,000 to 6,200 square feet at prices ranging generally from $80,000 to $700,000. Fortress Mortgage, Inc. provides decentralized mortgage origination and centralized underwriting to the buyers of homes sold by the Company's subsidiaries. As a mortgage banker, this operation will complete the processing of loan applications, perform credit checks, process applications to underwrite loans and originate and subsequently sell the mortgage loans. Financial Summary FRTG is a national homebuilding company for the acquisition and development of land or improved lots and the construction of residential for-sale housing. For the nine months ended 9/30/99, revenues rose 11% to $514.8 million. Net income applicable to Common fell 79% to $1.3 million. Revenues reflect an increase in homes closed, selling prices, and Mortgage branch volume. Net income reflects a $1.9 million asset impairment charge and higher preferred |