To all:
First, thanks for the information. It's been helpful.
Second, I would like to remind everyone that MCAR only had 11 sites open as of March 6th press release, even though they had contracts with another 13, I think. Thus, my question is: how many sites will MCAR have OPEN by the end of 1998? I'm pretty sure the 65 sites planned for 1998 refer to contracts signed, not necessarily opened. I was told by IR that MCAR is signing on a new site once ever 5 or 6 days, but then there is a 6 to 8 week process until the site uses MCAR's methods.
I personally think the company will earn around $.25 this year, but will have a gigantic jump in 1999.
That may sound disappointing, but listen to me: I've been following nothing but small cap ultra growth stocks for the past 2.5 years....I won't buy a stock unless I think it has the potential to multiply manyfold (which may take many years, but it's worth it). After my initial analysis, I think MCAR has the best prospects of any stock I've ever uncovered. My only question is competition, but if they're able to build a brand name, as they surely will by opening sites constantly, then that should be a pretty good barrier to entry. Plus, the market is so big, that a little competition is nothing to fret about.
Finally, I need to find a table of MCAR's stock quotes for the past year. Not a chart, but the actual figures of its weekly closing price for the past 50 weeks. I usually find this on Nasdaq.com, but MCAR isn't on the Nasdaq, so I'm lost! Any help would be greatly appreciated.
Aceu |
