SI
SI
discoversearch

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


To: Steve Lokness who wrote (2037)11/13/2007 5:25:26 PM
From: Jibacoa  Respond to of 3722
 
Steve,

OSTE reported good results for its 3rdQ last week.Revenues increased $2.3M to $25.7M vs.$23.4M in 2006.

The gross margin improved to 55% vs. 49% in 2006 & income was $1.6 M ($.09/shr) vs. $.2 M ($.01/shr) in 2006.

In spite of the lower earnings in the first 2Qs, the EE for 2007 are around $0.20/shr vs. $0.14/shr in 2006 & for 2008 the EE are around $0.30/shr.

The stock was up for 2nd day on a roll & today's volume of 245,637 was about 4x its ADV.The stock was up 8.65% & still is doing OK AHs.

bigcharts.marketwatch.com

Volume was >2x the volume on Aug 1 when it had the spike up to $8.70, but as you may recall it closed that day below the $8 level at $7.26 (Volume on Aug 9,(296,800), was higher than today's & that was a down day.<g>

bigcharts.marketwatch.com

If the stock can close above $8.85 it seems that it could be able to test the resistance at the $11 level & with some good news the mid-teens.<g>

bigcharts.marketwatch.com

RAGL

Bernard

P.S.The cable service from Comcast was down most of the day & we had no TV or fast internet service & I had to rely on the phone to get some information about the market.