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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5
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To: Catfish who wrote (26653)12/17/2004 12:50:27 PM
From: Chris Forte  Read Replies (1) of 120414
 
If you haven't made a mistake in buying, selling, or symbol you haven't been doing this very long<g>. Recently the White Sox made a trade for the wrong guy..."Oh, you wanted THAT Jose Hernandez."

One of my favorite companies is having a good day - CMKG, up .32 to 3.45.

CMKG has a couple of nice qualities. They are a marketing company with great inroads to the growing Hispanic market. They also trade very thinly for a substantial company. There's only 6M shares out and 4M in the float, but it trades thinner than that. If the low float boys get a hold of this one it's going to go. Very low market cap for a company with potential revenues of $80M this year.

CMKG 3.45
6M shares out
4M float
Book value 2.70
Second quarter revenues $23M
Second quarter eps .11

John Benfield, President and Chief Executive Officer commented, "Fiscal 2005 is
proving to be a successful one for our Company and we are very pleased with our
second quarter results, which showed marked improvement over our first quarter.
We have made great strides this year and the programs that we have put in place
are paying off. We are committed to organically growing our business and believe
our reorganization efforts focusing on greater integration will continue to
provide CoActive with the ability to accomplish this."

Mr. Benfield, concluded, "We expect to report net earnings per share of between
$0.07 and $0.09 for our fiscal third quarter 2005. We also remain confident that
the Company will report a profitable year."

Chris
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