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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5
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To: GARY P GROBBEL who wrote (19227)3/30/2004 12:50:46 PM
From: GARY P GROBBEL  Read Replies (1) of 120405
 
VCST .44/.48...rev of $20m vs $10m...you don't see that kind of pop very often...even tho it was from an acq...loss 4th qtr was down to .03...and company sounds confident looking forward...could be a good one:

We are excited with the progress ViewCast made in fiscal year 2003," said George Platt, president and CEO. "ViewCast doubled revenues and reduced the net loss by 42% over the prior year. Together with the economic recovery, we believe demand will increase for ViewCast products as video becomes as ubiquitous as data, text and voice in the business communications lexicon."

Platt continued by stating, "We remain focused on the dual goals of achieving profitability and growing revenues by both leveraging the economic recovery and expanding upon our well-known products to capitalize on sales opportunities. We believe that an increased focus on revenue and market share growth will enable us to realize long-term profitability and shareholder value. We have diligently managed our operating expenses while continuing to develop new products and features to be released in 2004 targeting expanded and current market opportunities. Our emphasis in development has become customer application focused combined with technological innovation, which we believe provides efficient and effective results to meet customer demands
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