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


To: blankmind who wrote (437)1/2/1999 2:43:00 PM
From: Stock Watcher  Read Replies (5) | Respond to of 962
 
B - on MTSLF; here's some info. from Yahoo msg. board: a member claims that contracts with Ericsson and Tadiron are done deals. THIS INFO. HAS NOT BEEN VERIFIED. I do not know if this news is true or false.

The good news is that for period ending 9/30, revenues increased 10%-12.5% (depending on whom you wish to believe), to 7.9M.

The not-so-good-news was their net loss of 486K for 9 months ending 9/30/98 vs. a net profit of 927K for the same period 97'. But, you have all this info. already/I'm just repeating it for the benefit of other SI members.

The chart shows a tight "coil" with solid support @ 1.40 and major resistance @ 2.00/LOOKS LIKE IT'S GOING TO BREAK OUT TO UPSIDE/seems like the stock bottomed-out on 8/31/98 and has been grudgingly moving up ever since.

Volume has picked up. Only 1.5M float. I believe that 98' R&D expenditures were the main reason for the disappointing reported losses.

Moving down to Small-Cap didn't help their credibility either.

However, the most important factor which cannot be overlooked, is their consistently increasing revenue stream.

For $1.50 a share, you won't find too many companies with revenues of 8M and a float of 1.5M - this is the kind of stock that can drive you crazy because it's "out-of-favor" right now. Once MTSLF cuts operating costs and R&D expenses, and if they continue to increase revenues 10%-15% per year - this could be a $10 stock.

Anyway, my friend, it appears there's more to gain than lose on this one - good luck - n