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Microcap & Penny Stocks : Micros-to-Mainframes (MTMC)

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To: MoneyMade who wrote (12)2/6/1999 1:34:00 AM
From: MoneyMade   of 133
 
MTMC---To quote Smart Money Magazine "The company began as a computer equipment dealer and systems integrator. If your business needed a computer system, MTMC would design it, buy and install the hardware and software, train your employees, and (if desired) monitor the system and provide service. The company did well at this business, becoming one of the larger suppliers to Fortune 100 companies--the cream of the crop.It became a top-level reseller of Cisco equipment and Microsoft and Novel software systems.

The company has achieved substantial growth. From rather small numbers a few years ago(when the firm was private) MTMC last year reported sales of $69.6 million versus $58.1 million. Service revenue (as opposed to equipment sales) has been the smaller part of the total, but much faster growing and more profitable.Last year Micros-to-Mainframes bought 19.9% of Pivot Technologies, with an option to obtain a full 100%. Pivot provides remote management of enterprise corporate networks and system

We see substantial appreciation potential both from earnings growth and increased recognition.This could be multiplied if investors come to realize that the company is increasingly involved in Internet services. (And that it's an ''Internet'' firm that's already profitable.)"
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