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Microcap & Penny Stocks : MFIC Microfluidics -- Ignore unavailable to you. Want to Upgrade?

To: Tim C. Lienau who wrote (81)	11/6/1997 7:52:00 PM
From: Ray S.	Read Replies (1) \| Respond to of 119

I'm in....this company is a sleeper! It has almost a buck a share in cash, sells for 2X book and 2X sales...and the beauty of it all is 5 consecutive qtrs of profitability! While the P/E is listed as over 20, if you subrtract the cash, it's more like low teens! It's not often that you can buy profitable co.'s a less than $3/share..I wonder if II just missed their timing a bit. I just got their annual report from the Barron's annual report service, and their list of clients is impressive, ranging from LARGE pharm co.'s to the likes of Exxon, 3M, Avon etc. IMO the downside potential is limited.. Ray