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

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To: RAW who wrote (550)4/21/1998 7:34:00 PM
From: Jim Daly  Read Replies (1) of 576
 
Jeeze, I dunno. This is very disturbing (almost postal).

Okay, lets look at this technically. First, on Apr 15 last year(when they released their 10Q ) SOCR was valued at 6 5/8. Today, at sometime during the day it was valued at 6 5/8.

Since last year all publicly traded companies have been forced to add all outstanding options to the market cap equation and dilute their per share value.

SO.

Based on the figures that SOCR released today they have earned .06 diluted. The equivalent of .09 undiluted.

a 30% increase in revenue! I will repeat 30%!!!

Does this company have a black cloud hanging over it? Who did they piss off? I guess it's just not as sexy as a sudo-internet company like KTEL.

(Head shaking mode on)

Jim
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