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To: Starduster who wrote (8783)4/20/1998 11:26:00 AM
From: Byter  Read Replies (1) | Respond to of 34592
 
ITKG - Integral Technologies - News out FYI

New member added to advisory board!
biz.yahoo.com

Byter



To: Starduster who wrote (8783)4/20/1998 12:09:00 PM
From: Dave Gore  Read Replies (2) | Respond to of 34592
 
Careful on <OZON> folks! DD doesn't look very good (see briefing.com)
Really low revenue and fairly large # of shares, large losses

Sandie wrote:
Thanks TM,
I have a very back taste in my mouth from OZON, like losing 6,000. and holding it for 8 months. I'll hold off on that one. Realize people using that product don't want the public to know it so aren't anxious to have there name pubished in endorsing it. I wishyou luck though. Sandie

************
I agree with Sandie.....they barely have a million in SALES for the first nine months of the year and nearly 15 million shares

SUMMARY FROM BRIEFING.COM
OZON designs, manufactures, sells and installs laundry sorting & counting systems, & ozone washing systems for laundries.
OZON is also engaged in the manufacture of specialty chemicals and technologies for the sterilization of medical instruments.
For the 9 months ended 11/30/97, revenues totalled $1.1M, up from $264K. Net loss applic. to Common fell 6% to $2M.
Results reflect increased acceptance of CTS' products, partially offset by higher selling costs.

THIS MEANS THAT THEY WOULD HAVE TO DO NEARLY $1.5 in PROFITS TO EVEN HAVE A PE of 22. (i.e. $1.5mm/15mm = 10 cents per share. A stock price of $2.20 = a PE of 22)

THE PROBLEM IS FOLKS......they do _NOT_ even do annual _SALES_ (yes, SALES) of $1.5 Mil. Way overvalued and will be for some time. Sales would have to dramatically increase by 5-10x and profits would have to start coming in before I would touch this one, personally

Doesn't mean this couldn't go up, but it IS way overvalued, IMHO
Do your own DD....give me another side of it.

Dave