The most convincing fact about VLAB is that I sold it all a month back... That means it will rise....
By the way, just for the record, it was my pick, not JC's.....
here is my old (month old) DD for those who are interested. If I had any $$$ free I'd throw a little that way, but I don't.
VLAB NASDAQ
this one trades tight, doesnt take much to get it moving....
zero debt, low float (2.9 mil), 4,538,000 outstanding... gross profit / profit margins up every year last 3 years
recent insider buying, CEO bought 170,000 shares company redeemed and retired 91,231 shares
25% held by top 4 insiders.... 3 year eps growth rate 100%
hoover income statement hoovers.com
dailystocks.net
VideoLabs, Inc. Announces a Nine Percent Increase in 1st Quarter Earnings and the Closing of an Acquisition
biz.yahoo.com
quote.yahoo.com
Videolabs, Inc. designs and manufactures image capture, transmission and manipulation devices for use as components of systems for identification, medical, desktop computer video, and computer-based and non-computer based solutions.
For the fiscal year ended 12/97, sales fell 6% to $6.9 million. Net income totalled $753 thousand vs. a loss of $2.4 million. Revenues suffered from restructuring early in the year. Net income reflects increased gross profit, and lower selling expenses.
-----------------------------
Have fun, and if anyone makes any money in this one PM me...
cheers
MG |
