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Microcap & Penny Stocks : nhmcf

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To: bullmarket who wrote (391)12/30/1997 11:51:00 PM
From: Robb  Read Replies (1) of 702
 
I called the company today just to see how things were going--they said they were on pace to meet this years earning estimates--I asked when he expected to see profits--They didn't give an estimate except to say that the company was focusing on revenues, building market share along with strategic acquistions that will build greater long term value--I was also told that they were actively pursuing the next generation robotic technology-this is pretty expensive but they said that it continues to build and improve there manufacturing advantage. If a competiter was pursuing similar technology their first generation probably would not compare to their 4th generation and so on. They did not know if any competitors were actively pursuing similar technology. The company is willing to give up short term profits to gain greater market share and gain strategic aquisitions. The company definetly has a long term approach with the goal of being a major player in their market. They emphasized that their profit as stated in their news release was 46% per sale but that as said earlier they are using this money to expand(new sales reps in US and specifically vertical acquistions)-My opinon is that if the company wanted to show a profit they could at any time if no more acquistions were made and they slowed their expansion--but I'm glad they are expanding like they are because in the long run that will build even greater value for shareholders especially since they are doing it with very little debt--Alex said the company is in great shape even though the share price isn't--I must assume that there is some year end selling going on which I'm okay with for now as I am going to buy some more tomorrow--I cant imagine this stock being at these levels when the company begins announcing revenues in the upcoming quarters that will be on pace for at least 20 mil-they did say 20 mil was no problem--Happy New Year and a Profitable 98
Rob
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