*Off Topic*
I call this off-topic because it pertains to a Bulletin Board stock but I think this one has particular promise. (I know, I've heard it before too!) The following is a notice I just received from Investors' Alert (800) 689-9019
"Carnegie International (CAGI) 1.05 bid, 1.07 ask, traded on the OTC Bulletin Board. Special earning report: CAGI is about to release 2Q earnings and we believe they are great! Second quarter net earnings should come in at approximately $1.6M, or $0.04 per share.
Six months earnings should come in over $0.08 net per share, this puts CAGI right on track to do $0.20 net after taxes per share for 98. Stocks with net after tax earnings of $0.20 with this growth rate trade between 5 and 10.
But, this is not the big news. We believe CAGI now has a distribution deal with either Comdial (CMDL), Altel (AT) or Northern Telecom (NT) for the MAVIS system. We believe those deal could be worth over $100M per year for CAGI and software has a very high profit margin, we believe over 40%. These deals could put more than $1.00 per share net after tax to the bottom line for 99, and stocks with a $1.00 per share net after tax trade in the 15 to 20 range.
To recap, MAVIS is a voice activated telephone auto-attendant. Telephone auto-attendants we are all familiar with, they answer the telephone and ask us to dial the extension of the person we would like to speak with.
The frustration comes in when we don't know the extension of the person we would like to speak with, we have to push a number for a directory or dial in the letters of the persons last name. If we are driving down the road at 65 miles per hour we'll have a wreck trying to do this. So we give up.
MAVIS uses only voice to direct calls. It asks who you would like to speak to and asks who's calling and directs your call, simple. Try it for yourself. Call CAGI at (401) 785-7400 and ask for Gary Dane, then tell him you were just trying the system out, if he's not available ask for the operator.
We have a 3 month target on CAGI's stock of 2 3/4.
Shares outstanding: 40,250,000
Float: 6M (est)
For additional information call Lowell Farkas (410) 785-7400"
carnegieint.com
Anyway, this is my favorite pick!
Chris
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