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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: FRANK J CATALANO who wrote (8697)11/6/2003 4:35:44 AM
From: O'Brien  Read Replies (1) of 8835
 
Got any thoughts on ZONS?
I have a few shares at 1.04 and having a time deciding to buy more or not.

It has a very interesting story going on.
What caught my eye was the stock fell to around .80 and the ceo tried to buy the company(take it private). He put out a buyout offer of $1.00 per share out. Soon after that was done the share price went above $1.00 and the offer was withdrawn. The stock now is trading around $1.05.
ZONS does over 100 mil in sales a quarter and earnings seem to be improving as you can see by the following...
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PERIOD ENDING 30-Jun-03 31-Mar-03 31-Dec-02
Net Income (124) (646) (1,092)

The company has only 14 mil shares out with the ceo owning just over 7 mil of that.
With the economy finally picking up, I think this stock has huge potential, but im a little worried over why the 3rd quarter results aren't out yet.

The company website is zones.com
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