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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (595)7/29/2004 2:12:25 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
CNCT Continues its recent up-trend(up another 15% today <g>) after it reported on Wednesday its 2ndQ results which showed an 417% improvement on earnings/share ($0.19 vs, loss of $0.06) on a 92% increase in revenues ($38.3M vs. $20.0M)

The EE for 2004 are around $0.40 vs a loss of $0.13 in 2003 and EE for 2005 are around $0.90 (which would be about 130% better than the current year.<g>)

Although CNCT still has a significant LTD and negative cash flow, the institutions reportedly hold around 40% and insiders around 5% It has a short ratio around 15%

bigcharts.marketwatch.com

Bernard