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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: SIer formerly known as Joe B. who wrote (10390)	12/4/1998 1:13:00 PM
From: DavidCG	Respond to of 25711

MITK at $.96. Positive earnings last 2 quarters. $400 mil market. MITK is a Nasdaq stock, fully reporting, Mitek Systems Inc. High technology for character recognition. Some of their past clients include: General Electric (GE),Chevron (CHV), GTE (GTE), Citicorp (CCI), Department of Education, Avon Products, Nynex (BEL), SBC (SBC), Chase Manhattan (CMB), Inland Revenue, Marks and Spencer (MKS-LS), and National Westminster (NWB-LS) to mention a few. There is a CBS Marketwatch article which covers MITK: cbs.marketwatch.com MITK has a conference call which you can listen to via RealPlayer (or Real Audio) at vcall.com Earnings increased 100% from third to fourth quarter 1998. They are looking to at least double revenues next year. Low competition. Large market. Outstanding 10 mil shares, float 6 mil. Recently announced stock buyback and they have no debt and substantial cash. Is on a slow upward momentum rise. -DavidCG