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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jack Hartmann who wrote (4795)	9/4/2003 11:48:38 PM
From: Jack Hartmann	Respond to of 6932

Microcap = microcrap? WGNR Maybe, maybe not. Here is an interesting chart that shows one burner of a stock. WGNR closed at 2.87. stockcharts.com[w,a]djclyiay[pc5!c20!c100][vc60]&pref=G 52-Week High (3-Sep-03): 2.76 52-Week Low (14-Nov-02): 0.60 Yes a 5 bagger from the low. Revenue Growth (ttm, yr over yr)²: 15.40% Gross Profit (ttm)²: 7.82M EBITDA (ttm): 1.46M Total Debt (mrq)²: 6.00K Total Debt/Equity (mrq): 0 Shares Outstanding: 12.37M Float: 10.60M WGNR designs and manufactures digital and analog compression technology, receiving equipment and communications transmission for the data communications, Internet and broadcast industries for worldwide markets. For the nine months ended 5/30/03, revenues fell 15% to $15.4 million. Net loss totaled $130 thousand, vs. an income of $768 thousand. Results reflect decreased DBS revenues, and higher research expenditures on COMPEL network control software. DULUTH, Ga., June 17 /PRNewswire-FirstCall/ -- WEGENER Corporation (Nasdaq: WGNR - News) a leading provider of satellite transmission solutions for broadcast and cable television networks worldwide, today announced financial results for the third quarter of fiscal year 2003. Third quarter fiscal 2003 revenues were $6.3 million, resulting in net earnings of $123,000, or $0.01 per share. WEGENER's third quarter pre-tax results include $809,000 in legal expenses and other professional fees related to defending the Company against an unsolicited takeover attempt by Radyne ComStream, Inc. These costs were partially offset by a separate $265,000 insurance reimbursement for legal costs previously incurred. WEGENER's third quarter revenues grew 20% over the second fiscal quarter revenues of $5.2 million, and were essentially flat with third fiscal quarter of 2002. Revenues for the third quarter of fiscal 2002 were $6.3 million, with net earnings of $379,000 or $0.03 per share. WEGENER's eighteen-month backlog on May 30, 2003, stood at $12.3 million and its total backlog is more than $26 million. Revenues for the first nine months of fiscal 2003 were $15.4 million, with a net loss of $130,000, or $(0.01) per share, compared to revenues of $18.2 million and net earnings of $768,000, or $0.06 per share, for the first nine months of fiscal 2002. "Our third quarter continued the momentum which began in our first fiscal quarter this year," said Chairman and CEO Robert A. Placek. "We are beginning to see the results of our extensive research, development and marketing efforts that have culminated in our new family of products -- iPump, MediaPlan and COMPEL. This revolutionary new line of products is just reaching the market, and we anticipate that these products will have a significant positive impact on WEGENER's revenues and earnings. We're pleased with the quarter but disappointed that our earnings were adversely affected by spending time and money on Radyne's unsolicited takeover attempt." WEGENER archived three key milestones in the third quarter: * iPump -- After a long development cycle, WEGENER's iPump(R) is now ready for shipment and the Company is receiving orders. During the quarter, WEGENER announced that it has received an iPump network order from Precis Communications. * Globecomm Systems Strategic Marketing Agreement -- Globecomm selected WEGENER as a strategic hardware and software vendor for its SkyBorne(SM) suite of services. Under this agreement, Globecomm will market WEGENER products, including COMPEL Network Control, COMPEL CA encryption, the MediaPlan i/o ingest system, the iPump Media Server and the UNITY family of DVB IRDs, as part of its turnkey content delivery solutions. * Scientific-Atlanta Agreement -- Scientific-Atlanta chose WEGENER's digital video TV products as part of its portfolio of headend solutions sold under its private label to cable operators who want a cost effective way to convert HDTV signals. Summary: HDTV converting software is the future. Profitable, debt free. Apparently a hostile bid in June. Now if it feels like going back for a retrace.