To: Trader J who wrote (3015 ) 1/2/1999 12:34:00 PM From: blankmind Respond to of 56535
Trader J, could you or some others on this thread take a look at MTSLF? A $2 stock that was $9? - I'm reposting this from the MTSLF lead-in page on SI. Thanks - Possible reasons to like MTSLF: - MTSLF is an undiscovered, true internet player. And probably the most undervalued stock on any exchange, with a closing price of 1 13/16 on 12/31/98. - $5 mill in cash & equivalents; and practically no debt; $3 book value. - MTSLF trades under $2/share; made $.31/share in '97; 6 straight years of profit; and 4.7 mill shares o/s, but much less in the actual float - Customers and partners include: Phillips, Siemens, Ericsson, Lucent, Nortel, Alcatel, Tadiran, Harris, NEC, Executone, & Panasonic (souce: '98 Annual Report audited by Ernst & Young) - several big, recent OEM agreements, publicly & jointly announced, begin generating revenue in '99 - IPO U/W - Hampshire Securities, went belly up & stock price plummeted from a high of 8 1/2 - However, Stuart, Coleman (a NYSE registered firm in NYC) - recently initiated coverage & issued an impressiver research report - Traded on NASDAQ National unitl a few weeks ago; now on Nasdaq Small Cap - Auditors: Ernst & Young - web page: tabsbymer.com - so what do they sell? Well, if your firm has a PBX - that's a big telepohone system - and you obtain individual calling data, you may be using one of Mer's products & not even realize it. - eventually, all their customers will save even more, as the info will be accessed on Mer's web site thru your Microsoft Internet Explorer or Netscape browser - Their newest & greatest product, called "Least Call Routing Over the Net," gives customers tremendous value b/c it requires no effort. It's pure call savings. - For the week ending 12/31/98, MTSLF started at like 1 5/16 & finished at 1 27/32. Why??? No news at all. Highest volume day was 70,000 shs. Is it finally geting the attention it deserves? - Bottom line: with the profits & products Mer generates, it won't be possible to buy shares for less than a $100 or so after this stock gets noticed..