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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5
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To: GARY P GROBBEL who wrote (17139)1/21/2004 11:48:56 AM
From: GARY P GROBBEL  Read Replies (2) of 120415
 
ADGO, Adams Golf, money maker, pops over a buck...last qtr at yahoo, 9mo in filings:

ADGO 1.01 up .19 on 60,000 vol...book value $1.03, shares out 22m...9mo:
For the nine months ended 9/30/03, revenues rose 40% to $43 million. Net income totaled $3M vs. a loss of $5.7 million. Revenues reflect an increase in sales of irons and fairway woods. Net income also reflects a decrease in general and administrative expenses.

That's $.13 for the 9mo...qtrs vary due to golf seasonality...company is expanding with new products.

LOOK at this chart and longgggggggg base..my favorite formation:

bigcharts.marketwatch.com.
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