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Microcap & Penny Stocks : Genicom (GECM)

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To: billy d who wrote (122)10/12/1997 9:30:00 AM
From: Mark[ox5]   of 231
 
Hello all, bought in on the stock last Monday at $11.00 and added on the pullback Wednesday at 12 7/8. I have some info which may already have been stated on the board, but I dont have time to check right now...

From our AOL Genicom board, someone call IR and the earnings date is 10/23. The lone analyst projects .16 for the quarter (hah!)

Here is some past history:

QTR 2 June 97 /QTR 1 March 97 /QTR 4 Dec 96/ QTR 3 Sept 96

Revenues / 98.6 / 96.3 / 91.8 / 68.8
Net Income / 2.8 / 2.5 / 2.2 / -2.2
EPS/ .23 / .21 / .18 / -.20

So:
a) the analyst has a .16 projection according to IR... that looks to be easily beaten
b) the year ago period was -.20!!!! The current Trailing P/E is 32.7 right now, if we
ONLY make .16 on this puppy the trailing P/E drops immediately to 17.6. This for a
company projected for earnings growth of .85 to 1.20 (41%) That is only 1 analysts #s
so take it with a grain of salt.
c) the company will soon be taking in 100M in revenues from Digital's printing business
which it just bought.
d) Only 5 (or 6) mutual funds own it according to IBD, EPS and RS both in mid to
upper 90s.
e) PSR under .40

Wow. Main concerns at this point is huge debt.

Also, can someone who has been around here for a while share with me why the year ago period was -.20???? What happened that was so bad that Quarter?

Good luck.. I think we have a real big winner here.

Mark
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