Cary, thanks for doing the Amigofolio wrap thing. I listed TALX, MLT, PWAV, AOI, MLRC and DCYS as the stocks that I was looking at this weekend. Eliminate TALX, AOI and MLRC. MLRC only because it is an oil stock, it is otherwise very compelling. AOI is great, they don't do anything and get paid, but....TALX is in the right sector but I saw some negatives. I haven't looked at MLT yet and barely looked at DSYS. DSYS looks to be oversold due to a shareholders lawsuit and I am going to look seriosly at it tomorrow.
I am very interested in PWAV. Earnings due next week. This stock is down from the 40s to the teens due to Asian flu. Options are available by the way.
Here's some info on some of the stocks discussed. More manana:
AOI
appleorthodontix.com
Apple Orthodontix, Inc. is a practice management company specializing in
orthodontic practices and provides financial management, training and
marketing services to its affiliated practices.
3/3/98 Cowen & Company Brokerage repeated a strong "buy"
on the stock.
12/97 Advest -buy rating.
IPO at $7 May 22, 1997. Raised $16.5 MM, selling 2.4 MM shares, 70% of the outstanding. Lead Manager: Tricap
15 Institutions hold 47.42% of the outstanding shares as of December 31,1997.
Of these, 3 established new positions while 3 liquidated their holdings.
Overall, Institutions increased their holdings by 432.80% for the period.
MLRC
Trades at a 61% Discount PE Multiple of 12.3 X, vs. the 31.2 X average multiple at which the Independent Oils SubIndustry is priced.
20 Institutions hold 42.11% of the outstanding shares as of December 31,1997.
Of these, 5 established new positions while 3 liquidated their holdings.
Overall, Institutions increased their holdings by 22.16% for the period.
DSYS
Trades at a 62% Discount PE Multiple of 10.5 X, vs. the 27.7 X average multiple at which the Data Processing SubIndustry is priced.
11 Institutions hold 11.97% of the outstanding shares as of December 31,1997.
Of these, 0 established new positions while 6 liquidated their holdings.
Overall, Institutions increased their holdings by 18.59% for the period.
TALX (5 1/16)
Designs and implements interactive communications solutions, primarily for Fortune 500 and other large organizations other than telephone service providers, using technology such as interactive web and interactive voice response.
Trades at a 13% Premium PE Multiple of 25.3 X, vs. the 22.3 X average multiple at which the Communications Equipment SubIndustry is priced.
Provide and implement interactive communications solutions using computer telephony to integrate technologies such as interactive voice response, facsimile, e-mail, Internet and corporate Intranet. IPO at $9 October 16, 1996. Raised $18.0 MM, selling 2.0 MM shares, 38% of the outstanding. Lead Manager: First Albany
Companies Offering Coverage
First Albany Corporation
PAULI AND COMPANY03/05/98ACCUMULAT
PWAV
pwav.com
Designs, makes and markets ultra-linear radio frequency power amplifiers, which increase the signal strength of wireless transmissions while reducing interference. |
