Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : YOUR FAVORITE INTERNET PICK..... AND WHY ????? -- Ignore unavailable to you. Want to Upgrade?

To: blake roberts who wrote (70)	12/20/1998 6:11:00 PM
From: Stock Watcher	Read Replies (2) \| Respond to of 962

B - ICOR; enjoyed researching this one. Stock price jumped Friday on decent volume (700K shares). The chart shows a classic "triple top" between March through August 98'. The stock bottomed out in the first week of October and has been climbing back ever since. Trading range: $1.50 - $3.70. ICOR needs to break through $4 convincingly in order to move higher. My bet: it will cruise through $4 based on recent news and strength of stock price on Friday. In other words, a follow-through. 2 new press releases look good. N-PLEX Global and N-PLEX WebExpress are on back-order (4 Mil. $ worth). Company designs software for messaging and directory requirements. Impressive client list. 215 employees. Caution: revenues decreased 15% for quarter ending 9/30/98 from same period the year before. However, revenues for 9 months ending 9/30/98 increased to 16.3 M from 15.3 M in same period 97'. Also, backlog of orders increased from 500k to 4 Mil. - so, the balance sheet will look alot better once backlog 98' is cleaned up. ICOR has plenty of cash (approx. 16 M), and they're on their way to becoming profitable. Please note, however, they had no after tax earnings for 9 months ending 9/30/98. This is a real company. Good pick. When it breaks $4 - a new trading chapter will hopefully begin for ICOR.....thanks for the post...