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


To: Benjamin W. Palmer who wrote (96)3/6/1998 2:24:00 AM
From: Big Bee  Read Replies (1) | Respond to of 119
 
Income tax benefit and product order questions:

1. Does anybody know what the deal is with the large income tax benefit in 4Q results? Sure made the earnings look good this time (0.11), but you can't rely on that sort of thing. Upon further examination, revenues were actually less than they were in FY 96 4Q. Wasn't this the quarter with 4 large orders filled (1 dropped to FY98 1Q) so weren't we expecting more?

2. Is the 1 large order to be completed this quarter the only large one the company has right now?

3. MFIC seems fairly valued to me right now. What prospects does the company have that would encourage an investor to buy this stock?

Greg