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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5
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To: Coz who wrote (369)1/31/2001 9:36:35 AM
From: Chris Forte  Read Replies (1) of 120415
 
Coz, I was very encouraged to see another profitable quarter for BITI. This quarter makes it 5 quarters of sequential growth in revs, and two in a row with a profit. Their breakeven is somewhere just north of $6M in revs a year, and they are now running above that. With a solid backlog of work stacked up in their pipeline, I'm hoping to see them keep this trend intact. With an infrastructure cost that's almost fixed, any gains in revs from this point should force a few more pennies to the bottom line, and at that point, I think we'll see more folks pile in. 8 M shares outstanding, 3 M float.

Chris
...and I consider them a good acquisition candidate
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