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Technology Stocks : Trans-Industries (TRNI)

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To: stockvalinvestor who wrote (1)4/22/1998 8:35:00 AM
From: Christopher Brainard   of 30
 
Agreed, It will also be interesting to see how the market reacts to the actual receipt of the $4 million judgement award. The company stated that this award should be received by the end of April. Once received the company will reduce most of their outstanding debt with this cash! If my ESP estimate for the current quarter ($0.33) is achieved this stock could really take off. Really liked the news of a 75% surge in 1st quarter orders!

One other thing I noticed after the 2nd quarter earnings release. Unlike after the first quarter report, the stock did not pull back all that much. Perhaps investors are beginning to see the outstanding value of this stock and I would expect that others have put together earnings forecasts based on the company's forward looking statements and have come up with some very interesting numbers. If current trends continue, EPS should begin to accelerate nicely starting in the 2nd quarter.

Good luck to all.

Chris ....
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