To: TokyoMex who wrote (9809 ) 4/23/1998 2:12:00 AM From: kevin404 Read Replies (1) | Respond to of 34592
Stock to keep an eye on, not a buy on... RTNC Radiant Technology OTC-BB I think RTNC may deserve a glance once they get their act together. This may alert some of you who are interested to keep a watchful eye and be ready for entry somewhere down the road if/when they do. Also, please PM me with critiques of this DD, as it's the first I've posted. Company website: radianttech.com Currently 1 x 2 1/8 (no joke - for reasons below), 3900 traded today at 1 1/32. Radiant Technology Corporation is engaged in the manufacturing and marketing of infrared conveyorized ovens and furnaces used by the microcircuit manufacturing industry. For the three months ended 12/31/97, net sales rose 15% to $1.1 million. Net income totalled $122 thousand, up from $57 thousand. Revenues benefitted from the introduction of a new furnace line. Earnings also benefitted from higher margins due to lower components costs. Second quarter earnings: The company's second quarter net income was $0.10 per share compared with net income of $0.05 per share, for the comparable prior year period. This results in year to date net income of $0.17 per share, compared with net income of $0.08 per share, for the comparable prior year period. Press release: biz.yahoo.com Latest 10Q: sec.yahoo.com Latest 10K: sec.yahoo.com Book value $1.23 Cash $0.99 EPS 96 $0.14 EPS 97 $0.32 EPS 98 (2 qtrs) $0.17 Shares Outstanding 1.87M Float 300K Insiders hold 84% of outstanding shares Take a look at the messed up chart on this one. chart1.bigcharts.com :80/report?r=qchart&onbad=qbadsymbol&country=us&symb=rtnc&time=8&sid=20592&sec=c&xyz=2296656&s=12166 From what I gather from the net and elsewhere, and from casual personal observation over the last several months (if someone knows better, please spill the beans!) this stock would go very long periods without being traded at all. From the Yahoo thread, which is very limited: -now 3 MMs where there was only 1 -at the annual meeting earlier this month stock price and liquidity issues were to be discussed kevin404