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.

Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (6232)	5/18/1999 6:23:00 AM
From: hoffy	Read Replies (1) \| Respond to of 118717

KELL looks very good for a CNBC play today. Their recent earnings below were great. ONly 8 million in the float with 1.5 million short. I think it was ready to move up significantly anyway, it just needed a push. Well CNBC will give it the push today. Could be a nice squeeze situation too. ================================ Kellstrom Industries Reports 172%, 143% and 62% Increase in First Quarter Revenues, Net Income and EPS EBITDA RISES 158% AS OPERATING INCOME GROWS 147% SUNRISE, FL--(BUSINESS WIRE)--April 27, 1999-- Kellstrom Industries, Inc. [NASDAQ: KELL] today announced record results for its first quarter ended March 31, 1999, continuing a long term trend of significant earnings growth. Kellstrom's revenues for the first quarter increased by 172% to $79,056,009 from $29,090,571 for the same quarter in 1998. Cash earnings, as reflected by EBITDA, grew by 158% to $23,177,180. Operating income increased by 147% to $15,679,361 from $6,352,073 in last year's first quarter. Net income also increased by 143% to $7,148,328, or $0.47 per diluted share from $2,941,610, or $0.29 per diluted share in the first quarter of 1998. Michael Wallace, Chief Financial Officer of Kellstrom Industries stated, ''Our 'Free Cash Flow', defined as 'Net income plus amortization of goodwill plus depreciation of property, plant and equipment' for the quarter was $8,349,728, compared to $3,534,833 in 1998, an increase of 136%. 'Free Cash Flow' represents the surplus cash available to the Company, without using external financing resources, to be used to finance growth and/or repay debt. Our gross, operating and net margins incorporate the consolidation of our Solair Division, which starting in January began improving its historically lower margins. Solair's performance on a stand-alone basis was actually ahead of budget, which resulted in better than expected overall Company earnings.''

To: Dale Baker who wrote (6232)	5/18/1999 6:56:00 AM
From: JustInTime	Read Replies (1) \| Respond to of 118717

Dale, Outstanding call on LWIN yesterday morning! Wish I had bought some too. Getting pretty close to a 50% gainer on AFCI in at 7 1/4 now at 9 7/8 (39% so far). I still think this has ANOTHER 50% from here and will be holding for at least $14, and possibly $18 this year. I feel good about this one. Other holdings: MANU (50% candidate IMO), ITIG (back in at 6 7/8 after selling at 9 7/16, looking for another 50% after making over 60% on last run), UPX (up 35%, looking for another 50% from here), WSTL (new holding, only holding for a 20-30% move) Good luck. Any opinions on IRID? EDIT: Almost forgot MMPT. Got in at 25, now at 26 3/4, nice move so far but really needs some volume if it is going to see 50%

To: Dale Baker who wrote (6232)	5/18/1999 10:59:00 PM
From: B Tate	Respond to of 118717

CAT and IP are both looking week. I will close the puts today or tomorrow. then if they bounce take a look at redoing both of them. Just may be forming H&S tops. Hong Kong - Wasn't there long enough to do any DD. Both people I talked to are more into the international scene (main targets US, Australia and Canada)and they seem to be enjoying good business. A couple of observations - the harbor "seems" quieter than when I was last there and there is very little signs of construction visible along the waterfront.