Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (4648)	2/14/2001 10:51:34 AM
From: Catfish	Read Replies (2) \| Respond to of 48461

MFCO per the 10Q released yesterday has increasing revenues, profits and they are buying back shares. Here is the section on the share buy back program and the link to the 10Q: biz.yahoo.com The Company's Board of Directors had authorized the repurchase of up to 500,000 shares of the Company's outstanding stock. On January 26, 2000, the Company's Board of Directors authorized the repurchase of an additional 500,000 shares of the Company's outstanding common stock. The repurchases will be made from time to time on the open market at prevailing market prices or in negotiated transactions off the market. During the quarter ended December 31, 2000, 226,000 shares were repurchased using existing cash balances. Management believes the common stock repurchase program, given the Company's present cash position as well as the market price of the stock, reflects its belief in the fundamental strength of the business and also reflects its commitment to enhancing shareholder value.

To: Bucky Katt who wrote (4648)	2/15/2001 9:50:17 AM
From: Jack Russell	Respond to of 48461

William, News out on your old Rat Dog MCTL today... -------------------------------------------------------------------------------- MicroTel's -MCTL- Xcel Power System Division has Been Awarded a $1,120,000 Contract RANCHO CUCAMONGA, Calif., Feb 15, 2001 (BUSINESS WIRE) -- MicroTel International Inc. (OTCBB: MCTL) ("MicroTel") today announced that its Xcel Power Systems Ltd. Division (XPS) located in Ashford, Kent, England has been awarded a contract by a major German defense contractor for custom power systems. These electronic power products are for aerospace application. The contract calls for the delivery of more than $1,120,000 of product over a two year period beginning in Q2, 2001. Commenting on the contract Richard Weller, General Manager XPS, stated, "This contract is further evidence of our increasing penetration into military and commercial cockpit applications such as heads up displays and other optical systems." Graham Jefferies, executive vice president of MicroTel, commented: "We are enjoying great success in capturing new business for XPS. Our open order book was at a record high level at year end 2000 and now exceeds $10,000,000. We expect this contract to contribute significantly to corporate profitability in the first quarter and throughout the year 2001." MicroTel International is an international telecommunications electronics company comprising three wholly owned subsidiaries -- CXR Telcom Corp. in Fremont, Calif., CXR, S.A. in Paris and XIT Corp. in Rancho Cucamonga. CXR Telcom and CXR, S.A. design, manufacture and market field and central office electronic telecommunications test instruments, voice, data and video transmission and network access equipment. XIT designs, manufactures and markets electronic components including digital switches and power supplies. The company operates out of facilities in the United States, France, England and Japan. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 With the exception of historical information, the matters discussed in this news release are forwarded-looking statements that involve a number of risks and uncertainties. The actual future results of MicroTel could differ from those statements. Factors that could cause or contribute to such differences include, but are not limited to MicroTel's ability to perform under the terms of the new contract, its ability to meet the demands of the accepted orders, the projected growth in the telecommunications and electronic components markets, the ability of MicroTel to expand its presence in these markets, trends in MicroTel's financial condition and results of operations, MicroTel's ability to distinguish itself from its current and future competitors, the continued demand for MicroTel's products, worldwide economic conditions, changes in governmental regulations and policies, the emergence of competitive products and services and unforeseen technical issues and those factors contained in the "Risk Factors" Section of the company's Form 10-K/A for the fiscal year ended Dec. 31, 1999 and the company's Form 10-Q for the quarterly period ended Sept. 30, 2000. CONTACT: MicroTel International Inc., Rancho Cucamonga Randolph Foote, 909/987-9220 Ext. 2653 microtelinternational.com URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2001 Business Wire. All rights reserved. KEYWORD: CALIFORNIA INDUSTRY KEYWORD: INTERNET NETWORKING TELECOMMUNICATIONS