Sono-Tek (SOTK) - Profitable Nanotech Co. Message Board

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Technology Stocks : Sono-Tek (SOTK) - Profitable Nanotech Co.

SOTK 4.635

+2.5%

9:30 AM EST

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From: RikRichter	6/22/2007 11:48:42 PM
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SOTK had already guided weaker sales for Q1 from their electronics business which has been de-emphasized due to overseas competition. This is what has led to a big transformation of the company and a major diversification program. What I liked in the 10-Q was: -the higher sales of stent coating equipment which should start to accelerate now that all of the big medical device makers are introducing next-generation drug coated stents; -higher WideTrack equipment sales which are being applied to coatings for glass, textiles, plastic, metal, food products and packaging materials; -and the uptick in the gross profit margin to 49% from 46.5%. biz.yahoo.com

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