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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: Matt Brown who wrote (872)	4/27/1999 2:42:00 PM
From: dexx	Read Replies (1) \| Respond to of 5041

Att: Club Fatt!...I have received Fatt Matt's approval to post the following company profile on the Club Fatt! thread. The following fully reporting company is extremely undervalued IMO and continues to grow and make more money each year. See profile below. Interwest Medical Corp. (ticker: IWMC) 1) Is Fully Reporting with the SEC 2) Is unknown to SI or Raging Bull threads 3) Just reported 8 cents EPS in their 10K for 1998 (Up 100% over 1997) 4) Trading at a P/E of about 4 (compared to 23 - 143 for others in the industry) 5) Has Sales of over $11 million and growing at about 12% 6) Has over $10 million in Assets (Long Term Debt of about $4.5 million) 7) Has about $5.9 million in Current Assets (including about half-million Cash) 8) Just Bought Back 2.6 million shares of their own stock 9) Only 20 million shares outstanding (including 5.8 shares in company treasury) 10) Net Income has steadily increased over the past 3 years: Net Income: 1996 ($49,282) 1997 $609,112 1998 $1,305,551 Trades at under $.30 a share It seems to me this stock should trade at a P/E multiple of 15 to 25 x EPS. ****************************** Ticker: IWMC (OTC:BB) InterWest Medical Corp 3221 Hulen Street, Suite C Fort Worth, TX 76107 Phone: (817) 731-2743 Fax: (817) 731-2902 SEC Filings: sec.gov Outstanding Shares: 20 million Float: 14 million _________________________ P/E: 4 _________________________ Earnings: 8 cents 1996 EPS -0- on Sales of $9,283,774 1997 EPS $0.04 on Sales of $10,123,168 (9% increase) 1998 EPS $0.08 on Sales of $11,316,121 (12% increase) Net Income: 1996 ($49,282) 1997 $609,112 1998 $1,305,551 Annual Sales: $11.3 million Total Assets: $10.1 million Cash: $460,329 P.S. Compare IWMC's information to any of the following competitors: AVC ALI BEV CTEN GHV GCLI HCR IHNI KUAL LEXI NHC NWCA SHG Very few of these competitors are profitable, and of those that are profitable, all have high P/E ratios. ___________________________ Thanks for taking a look at IWMC. Dexx