I also just came across this Micro Cap stock and found it intriguing.
Odd fundamentals with return on profits at -104% and Return on Assets at -93% --Also a ROE of 390% --an industry high.
I suppose this initial BUY rating gave it a little boost last month:
<<Hoefer&Arnett Initiates Coverage on Komag With a BUY Rating
PR Newswire, Monday, May 19, 2003 at 10:03
SAN FRANCISCO, May 19, 2003 /PRNewswire via COMTEX/ -- Hoefer&Arnett Technology analyst, Mark Miller, has initiated coverage of Komag (Nasdaq: KOMG) with a BUY recommendation. Komag is the leading media manufacturer and OEM leading suppler of 80 GB/platter media. Trading at a PE of just 8.8 on our 2004 earnings forecast, Komag is currently valued at a significant discount relative to the other drive stocks.
Hoefer&Arnett Incorporated is a member of the National Association of Securities Dealers, CRD number 10883.
SOURCE Hoefer&Arnett Incorporated
CONTACT: Mark Miller, Analyst, mark.m@hoeferarnett.com, or Sharlena
Gordon, Research Assistant, sharlena.g@hoeferarnett.com, both of Hoefer&Arnett, +1-415-362-7111
(KOMG)
prnewswire.com
Copyright (C) 2003 PR Newswire. All rights reserved.
SOURCE PR Newswire
05/19/2003 |
