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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Instock who wrote (6644)	10/29/1997 11:49:00 AM
From: Doug R	Respond to of 79273

More NOIZ: Micronetics Wireless Inc. 26 Hampshire Drive Ticker: NOIZ Exchange: NASD Hudson, NH 03051 (603) 883-2900 Sector: Technology Industry: Communications Equipment marketguide.com Price $ 3.00 52 Week High $ 3.75 52 Week Low $ 1.38 3 Month Avg Daily Vol (Mil) 0.02 Beta 0.96 Market Cap $ 10,760,000 Shares Outstanding 3,190,000 EPS (TTM) $0.11 Price/Book (MRQ) 3.48 Sales Per Share (TTM) $ 1.17 Return on Assets (TTM) % 7.93 Return on Equity (TTM) % 11.92 Cash Per Share (MRQ) $ 0.31 Current Ratio (MRQ) 6.04 Total Debt/Equity (MRQ) 0.34 $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ vectorvest.com Micronetics&Exchange=O&PRICE=2.80&VALUE=5.60&RV=1.55&RS=0.69&RT=1.04&VST=1.13&GRT= 34&REC=H&STOP=2.80&Open=3.50&Hi=3.60&Lo=2.80&Volume=85100&AvgVol=27231&DIV=0.00&DY =0.0&EY=12.62&EPS=0.35&PE=7.93&DS=0&DG=0&YSG=0.00&GPE=4.29&RISK=...&PercentChangePrice =-17.6&PercentChangeVol=212.5&IndName=Electronic+(Components)&VVCDY=1.4&VVCEY=5.16 PRICE: NOIZ closed on 27-Oct-1997 at $2.80 per share. VALUE: NOIZ has a Value of $5.60 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock's Price and Value always converge. RV (Relative Value): NOIZ has an RV of 1.55. On a scale of 0.00 to 2.00, an RV of 1.55 is excellent. RV reflects the long-term price appreciation potential of the stock compared to an alternative investment in AAA Corporate Bonds. Stocks with RV ratings above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00 when its Value is greater than Price, and its Relative Safety (see below) and forecasted earnings growth rate are above average. In some cases, however, a stock's RV will be above 1.00 even though its Value is well below Price. This happens when a stock has an exemplary record of financial performance and an above average earnings growth rate. In this case, the stock is currently selling at a premium, and the investor is banking on future earnings growth to drive the stock's price higher. This information is very useful not only in knowing whether or not a stock has favorable price appreciation potential, but it also solves the riddle of whether to buy high growth, high P/E, or low growth, low P/E stocks. VST-Vector (VST): NOIZ has a VST-Vector rating of 1.13. On a scale of 0.00 to 2.00, an VST of 1.13 is good. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or stocks with low RV and RS values have high RT's. How can we find the stocks with the best combinations of Value, Safety, and Timing? The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones to own for above average capital application. GRT (Growth Rate): NOIZ has a GRT of 34 % per year. This is excellent. GRT stands for forecasted Earnings Growth Rate in percent per year. GRT is updated each week for every stock. Watch GRT trends very carefully. If the GRT trend is up, the stock's Price will likely rise. If the GRT trend is down, the stock's Price will increase more slowly, cease to increase, or subsequently fall. Recommendation (REC): NOIZ has a Hold recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks which are rising in price, and to avoid or sell risky, overvalued stocks which are falling in price.

To: Instock who wrote (6644)	10/29/1997 11:50:00 AM
From: Doug R	Respond to of 79273

Making NOIZ, the tables. PROFESSIONAL INVESTOR REPORT 10/27 DOW JONES PIR PROFILE Micronetics (Q: NOIZ) Makes specialized RF Close 3 3/8 Consensus Rec. None components and test 52-Week High 3 3/4 equipment. In 10/96 52-Week Low 1 3/8 Q EPS Est None launched new line of M3500 Dividend Yield None voltage-controlled oscil- Industry Avg 0.59% 1Q Actual EPS 0.03 lators that are half the Yr EPS Est None size of the original product. 2/96 got U.S. Beta vs DJEI 2.96 TTM Actual EPS 0.10 patent for its voltage- 5-Yr EPS Growth None controlled oscillator with 1Q Rev $1.01M +19.1% improved phase noise and TTM $3.93M +6.5% P/E Ratio (TTM) 33.09 linearity characteristics. 1Q Ern $0.08M +32.3% Industry Avg 55.49 TTM $0.35M +7.8% Projected P/E None HQ Hudson, NH 1-Yr Total Rtrn n.a. IR Phone 212-769-3508 Industry Avg 41.11% (Updated 10/24 Sources: First Call, Market Guide For Help, use N/HLP) (END) DOW JONES NEWS 10-27-97 08:42 PM EST $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ edgar-online.com PART I. FINANCIAL INFORMATION MICRONETICS WIRELESS, INC. CONDENSED BALANCE SHEETS (UNAUDITED) Assets -------------- June 30, March 31, 1997 1997 ----------------------------- CURRENT ASSETS: Cash $ 978,417 $ 961,314 Receivables Trade (net of allowance for doubtful accounts) 664,873 755,716 Inventories (note 2) 1,150,396 1,151,640 Prepaid expenses and other current assets 37,105 43,318 Deferred tax asset 95,113 118,481 Other current assets 0 6,250 --------- --------- TOTAL CURRENT ASSETS 2,925,904 3,036,719 FIXED ASSETS Land 162,000 162,000 Building & Improvements 846,547 846,547 Furniture, Fixtures, and Equipment 1,287,662 1,269,938 Capitalized Leases 33,500 33,500 --------- --------- Gross Fixed Assets 2,329,709 2,311,985 Accumulated Depreciation and Amortization (844,069) (800,030) --------- --------- TOTAL (NET) FIXED ASSETS 1,485,640 1,511,955 OTHER ASSETS Deposits 3,053 1,102 Intangibles (Net of 97,417 98,375 Amortization) --------- --------- TOTAL OTHER ASSETS 100,470 99,477 --------- --------- TOTAL ASSETS $4,512,014 $4,648,151 ========= =========

To: Instock who wrote (6644)	10/29/1997 11:53:00 AM
From: Doug R	Respond to of 79273

More NOIZy tables (just the facts ma'am), MICRONETICS WIRELESS, INC. CONDENSED BALANCE SHEETS (UNAUDITED) Liabilities and Shareholders' Equity -------------------------------------------- June 30, March 31, 1997 1997 ----------------------------- CURRENT LIABILITIES: Short term loans and capitalized leases $ 94,229 $ 91,703 Accounts payable 157,806 374,746 Accrued expenses and taxes, other than income taxes 167,297 155,953 Subordinated Debentures 25,000 25,000 Income taxes payable 40,499 31,618 ------- ------- TOTAL CURRENT LIABILITIES 484,831 679,020 LONG-TERM DEBT: Capitalized leases 3,464 7,616 Notes Payable - Bank 928,297 948,022 ------- ------- TOTAL LONG-TERM DEBT 931,761 955,638 SHAREHOLDER'S EQUITY Common stock 31,887 31,887 Additional paid-in capital 2,393,748 2,393,748 Retained earnings (deficit) 669,787 587,858 --------- --------- TOTAL SHAREHOLDERS' EQUITY 3,095,422 3,013,493 --------- --------- TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $4,512,014 $4,648,151 ========= ========= MICRONETICS WIRELESS, INC. CONDENSED STATEMENT OF OPERATIONS (UNAUDITED) -------------------------------------------- 3 Months Ended June 30, 1997 1996 ----------- --------- Operating revenues $ 1,010,699 $ 848,847 Cost of operations 616,083 481,501 --------- --------- Gross profit 394,616 367,346 Selling, general and administrative expenses 227,561 220,197 Research & Development 54,320 44,058 --------- --------- Operating income 112,735 103,091 Other income (expense): Rental income 15,062 15,062 Interest income 9,004 651 Interest expense (21,504) (23,279) Other income (2,129) (2,253) --------- --------- Total 433 (9,819) --------- --------- Income before provision for income taxes 113,168 93,272 Provision for income taxes 31,240 31,000 --------- --------- Net income $ 81,928 $ 62,272 ========= ========= Net income per share $ 0.03 $ 0.02 ========= ========= Weighted average number of shares outstanding 3,268,858 3,268,858 --------- ---------

To: Instock who wrote (6644)	10/29/1997 12:01:00 PM
From: Doug R	Respond to of 79273

Balance sheets, ooooooh. Good stuff. MICRONETICS WIRELESS, INC. BALANCE SHEETS MARCH 31, 1997 AND 1996 ASSETS (Note 3b) 1997 1996 ---------- ---------- Current assets: Cash and cash equivalents $ 961,314 $ 146,674 Accounts receivable, net of allowance for doubtful accounts of $23,488 and $33,437 at March 31, 1997 and 1996, respectively 755,716 688,828 Inventories 1,151,640 834,209 Insurance claim receivable - 596,376 Prepaid expenses 43,318 23,793 Deferred tax asset 118,481 25,000 Other current assets 6,250 - --------- ---------- Total current assets 3,036,719 2,314,880 --------- --------- Property and Equipment: Furniture, fixtures and equipment 1,269,938 988,624 Equipment held under capital leases 33,500 102,535 Building and improvements 846,547 840,247 Land 162,000 162,000 --------- --------- 2,311,985 2,093,406 Less: accumulated depreciation and amortization 800,030 (674,128) --------- --------- 1,511,955 1,419,278 --------- --------- Other assets: Security deposits 1,102 5,086 Intangibles, net of accumulated amortization of $26,086 and 98,375 109,814 $14,647 at March 31, 1997 and March 31, 1996, respectively Deferred tax asset - 151,391 --------- --------- 99,477 266,291 --------- --------- $4,648,151 $4,000,449 ========= ========= See accompanying notes to financial statements. F-2

To: Instock who wrote (6644)	10/29/1997 12:02:00 PM
From: Doug R	Respond to of 79273

MICRONETICS WIRELESS, INC. BALANCE SHEETS MARCH 31, 1997 AND 1996 LIABILITIES AND SHAREHOLDERS' EQUITY 1997 1996 -------- --------- Current liabilities: Note payable - bank, current portion $ 78,856 $ 77,431 Current portion - capital leases payable 12,847 13,551 Convertible debenture payable 25,000 25,000 Accounts payable 374,746 218,046 Accrued expenses and taxes, other 155,953 148,455 than income taxes Income taxes payable 31,618 3,815 ---------- ---------- Total current liabilities 679,020 486,298 ---------- ---------- Long-term debt -- Net of current portion Note payable - bank 948,022 947,089 Capitalized lease obligations 7,616 7,978 --------- --------- 955,638 955,067 --------- --------- Commitments and contingencies Shareholders' equity: Preferred stock - $.10 par value; authorized - 100,000 shares; issued and outstanding - 0 shares at March 31, 1997 and 1996 Common stock - $.01 par value; authorized - 10,000,000 shares; issued and outstanding - 3,188,658 and 3,116,638 shares at March 31, 1997 and 1996, respectively 31,887 31,166 Additional paid - in capital 2,393,748 2,335,530 Retained earnings (deficit) 587,858 192,388 --------- --------- 3,013,493 2,559,084 --------- --------- $4,648,151 $4,000,449 ========= ========= See accompanying notes to financial statements. F-3 MICRONETICS WIRELESS, INC. STATEMENTS OF INCOME FOR THE YEARS ENDED MARCH 31, 1997 AND 1996 1997 1996 ---------- ----------- Net sales $3,770,398 $ 3,686,479 Cost of sales 2,156,520 2,195,847 --------- ---------- Gross profit 1,613,878 1,490,632 --------- ---------- Selling, general and administrative expenses 987,293 950,189 Research and development expenses 203,493 157,408 Legal fees - related party 26,462 42,289 --------- ---------- 1,217,248 1,149,886 --------- ---------- Income from operations 396,630 340,746 --------- ---------- Other income (expense): Interest income 21,306 3,172 Interest expense (90,705) (54,299) Rental income 60,250 13,500 --------- ---------- (9,149) (37,627) --------- ---------- Income before provision for income taxes and extraordinary item 387,481 303,119 Provision for income taxes 62,998 (22,575) --------- --------- Income before extraordinary item 324,483 325,694 Extraordinary item - Gain on inventory from flood, net of taxes 70,987 - --------- --------- Net income $ 395,470 $ 325,694 ========= ========= $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ This is NOT a recommendation to buy or sell a security. This is for educational purposes only Everyone should do their own DD and research.

To: Instock who wrote (6644)	10/29/1997 12:03:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79273

The Chart, NOIZ has begun an uptrend recently that is well supported by more volume than it has enjoyed in 5 yrs. The series of higher highs is taking shape while the lows are moving up at an accelerated rate in the last month. It is very early in the process of advance. The events of the last week caused NOIZ to break the recent acceleration in its uptrend (as they did with most stocks). The fact that NOIZ has returned to this uptrend quickly. This indicates that NOIZ deserves its uptrend and the acceleration was not due to irrational exuberance. The low of Monday sets up an uptrend line of support that is higher than that accelerated from so the downside safety net has been pulled up closer to the stocks current price. This is very encouraging. The current overall pattern of the chart now looks to be a forming inverted head and shoulders pattern with the possibility that a right shoulder will be formed in the next week or two leading to a further breakout into new higher territory. This will give plenty of opportunity to enter the stock at reasonable prices. The Technicals The short-term SMI is very strong with the lows in the indicator staying well above the oversold level for the last year. This indicates strong hands are in the stock and the freely traded shares have not been subject to emotional swings of selloff or short-term trading. The intermediate term SMI is well into the bullish range of values and is trending up strongly giving the stock room to reach into the $4 range before any resistance in the indicatis reached. If this indicator can break that resistance, prices on the stock would approach double digits but it's too early to tell if that resistance will be broken. The long term SMI has recently broken through the neckline of an inverted head and shoulders formation suggesting solid momentum in the stock. The 89 day MA/MLR exhibits an optimum crossover the first week of October as the price pulled back from its first higher high in the current uptrend. The continuation from that area offers good confirmation the the uptrend is solid. Bollinger Band activity is neutral at this time. This is likely due to the recent activity in the overall market. The 55 day commodity channel index has a very strong long-term uptrend that is currently +100 with the indicator itself on support and turning up with the likelihood of a move through the +100 area very soon giving the price of the stock a good probability of near term significant increase. The shorter period CCI's are neutral, again due to recent market gyrations. The 34 day RSI reached the critical level of 50 on Monday and turned sharply around from that point and is currently moving up. All period MA's are properly aligned and moving up after all periods from 13 on down converged recently and are now seperated again. This reinforces the stock's momentum and verifies that its return to the uptrend is solid. The MACD which expectedly had some trouble with recent activity is set to become positive again. The intermediate-term stochastics are just beginning movement toward a positive crossover that will take this indicator to the bullish range of values. The long-term stochastics are also in this position. This indicates that the next move up in the stock could be quite strong and could occur shortly.