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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (519)1/21/2003 11:41:16 AM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
MTLG Is making another 52wks.H today in spite of the general market, after it announced yesterday that it expects 4thQ sales and income will exceed its earlier projections.<g>

They projected 4thQ income of more than $0.25/share on sales of about $32 M vs. previous forecast of $0.10 earnings on sales of 28M and 4thQ 2001 earnings of $0.01on sales of $29M. (It seems their margins are improving.<g>)

The price has been above its Jan.13 H of $9, but volume remains low, albeit it is already more than 3x its average. (The float is only 2M since the insiders hold more than 60% of the 5.5M shares <g>

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Bernard