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

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To: GARY P GROBBEL who wrote (15587)12/3/2003 11:05:46 PM
From: RikRichter  Read Replies (1) of 120415
 
Gary,

My point is that MFIC is capable of generating about 3 cents per share per quarter with their existing business without the new line of nanotech products kicking in next year. Some of the new nanomaterial/nanoparticle machines are expected to sell for $1 million each which management expects to have a profound effect on profitability. Not bad for a stock trading at 1.79 with only 7 million shares outstanding.

And if you read on about their backlog numbers, it went from $1.1 million at 6/30/03 to $1.6 million at 9/30/03 to $2.3 million at 11/10/03.

If you do not accept my comment about their EPS then we can agree to disagree.
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