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Gold/Mining/Energy : Canadian Microcaps -- Ignore unavailable to you. Want to Upgrade?


To: David Michaud who wrote (16)2/12/2003 10:05:28 PM
From: diddlysquatz  Respond to of 817
 
I like Eyelogic. They are the only company with this product and they are changing the industry.
I actually know the company quite well. I have talked with management quite a bit as well as some of their clients. It looks like they are starting to change their business model to focus more on their lease program which I think will bring them more business in the long run and a very healthy regular recurring revenue. I can see a day where the majority of eyeglass stores have an Eyelogic unit in the store. I think the new CEO will be a little more aggressive with the business. It will be interesting to see how he does. They promoted up from within so he knows the business very well. There is some pending provincial legislation in BC that if it turns favorable to Eyelogic their business could explode to the upside.

I also know CCB quite well. They produce a special line of communication equipment designed for confined spaces. This could be a communications probe like the one used during the rescue of the nine trapped coal miners in Pennsylvania last year or communication equipment for police, firefighters and other rescue personnel. They are now selling a lot of equipment to the military. With the US government allocation $10 billion to homeland security initiatives Con-Space has been the recipient of some large orders for equipment for the first responder teams through out the US responsible for responding to the threat of nuclear, chemical and biological terrorist threats. CCB equipment was used during the rescue attempts at the World Trade Center and the Pentagon disasters. They are also used by hazardous material disposal teams and in many industrial applications.
The market for their products is very large and continuously growing.
Their numbers have started to increase substantially and show no signs of slowing down. They have various new products that they will begin marketing. The company's shares look very cheap on an EPS basis and the company has stated that they expect to do at least $0.08 earnings per share for this current fiscal year.
A good comparable company to CCB is EFJI on the OTCBB.

I hope this all helps.