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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (58377)	8/29/1999 10:11:00 PM
From: puborectalis	Respond to of 120523

Don't forget this battered stock...started to move friday....look at Yahoo thread comments....MMPT to 60- here is why by: stockstuff911 3045 of 3046 Sticking to my 60 forcast by Feb 2000. My reasons are profits and growth. Take a look and you will see MMPT took a $320K loss establishing the overseas offices, yet made a profit because the US business carried the day. When the overseas offices break even, MMPT profits will move up very fast. You will also note that MMPT has ZERO DEBT.. in fact over 40 million in cash to grow the company. Interest rates will not hurt this company as they will others. MMPT profit margin is going up four reasons: 1) increased hourly billing rate 2) new customers in usa and overseas (100 billable staff being added this year) 3) old customers increasing business by 30% /yr so far 4) mmpt is modeling charging by the job instead of by the hour with certain projects (much much higher profit rate)