SCAN OPTICS (NASDAQ:SOCR) Message Board

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Microcap & Penny Stocks : SCAN OPTICS (NASDAQ:SOCR)

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To: lee kenigson who wrote (518)	2/6/1998 5:53:00 PM
From: Sparky Beardslee	Read Replies (1) of 576

I also took another position today at the close at 5/8. I still cannot believe it. I did take a closer look at the comparisons and I think I know what the problem is. In previous quarters, the % increase year over year for rev's is slowing a great deal. For example, Q4 '96 14.3 vs 11.3= +3 mill/ Q1 '97 12.4 vs 10.3= +2 mill/ Q2 '97 14.1 vs 11.2= + 3 mill/ Q3 14.8 vs 10.2= +4.6 mill/ Q4 15.3 vs 14.3= + 1 mill. Nothing wrong with the sequential numbers as they improved each quarter, however, they had a big comparision of 14.3 mill to get over. It still doesn't warrant this kind of selling with a PE of 8. I don't think we will break this support of 6 3/4 as it goes back a ways. Vol slowed and it should have a bounce then it should come back to re-test before moving higher. Of course, positive news wouln't hurt. Sparky

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