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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: RikRichter who wrote (15541)12/3/2003 7:15:49 PM
From: RikRichter  Read Replies (1) of 120415
 
GG, MFIC reported 3 cents per quarter in Q1 and Q2, stumbled in Q3 due to timing differences of the sale of big ticket items and now is projecting to resume the trend of 3 cents for the Q4. Hence, their basic EPS is 12 cents going into 2004 with two new lines of nanotech capital equipment being introduced which the CEO is claiming will substantially augment EPS next year. It seems to me that if MFIC can earn 2 cents additional each quarter (only 7 million shs. O/S), MFIC can earn 20 cents next year. At 1.70 the stock appears cheap to me IMO.
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