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Microcap & Penny Stocks : MFIC Microfluidics
MFIC 11.48+0.4%Dec 26 9:30 AM EST

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To: Lee who wrote (94)2/25/1998 5:45:00 PM
From: Ray S.  Read Replies (1) of 119
 
I don't get it...here's a company that has 5 million shares out (approx) and just EARNED $0.22/sh last year, twice what it earned in '96. The 1/4ly report states that they have about $0.85/sh cash. Subtract the $$/sh from the stock price and you get about 2 1/4. Therefore this Co. is selling for about 10X TRAILING EPS with a hx of 8 profitable quarters in a row, and you know the next 1/4 should be good, because one of their deliveries was delayed into the next quarter...Let's just say I bought more today...
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