| An SI Board Since February 2000 |
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NMFG |
| Emcee:
Bob B.
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Type:
Unmoderated
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National Manufacturing Technologies formerly Photomatric Inc. I picked up a few shares of this company over a year ago. I don't really remember what I saw in this company and for the longest time thought I might have made a mistake. However after checking back on this company they have made great progress. They are now specialing in outsourced technology production. Which is a huge market and has great potential. I would like to know what you guys and girls have to say about this stock.
Here's there profile:
Business Summary
National Manufacturing Technologies, Inc. is a value-added contract manufacturing company, specializing in electronics
manufacturing, including enclosed electronic systems. With the June 1999 sale of certain assets and product rights of PMX to Scan-Optics, the Company has re-positioned itself as a manufacturing services company whose focus and core competencies are in the electronic manufacturing services industry. The Company's manufacturing services feature two broad capabilities, electronic assembly (electronic services) and metal stamping and machining (metal services). Its electronic services are primarily performed I-PAC and NMT and Precision Machining primarily perform metal services.
Financial Summary
NMFG is a contract manufacturor of electrical and mechanical assemblies, specializing in electronics manufacturing, including enclosed electronic systems. For the six months ended 9/30/99, revenues totalled $4.2 million, up from $1.3 million. Net loss from continuing operations totalled $1.4 million, up from $361 thousand. Revenues reflect the full six months of operation of EMS Group. Higher loss reflects the inclusion of S/G/A expenses for Metal Manufacturing Service Group.
Officers
Patrick W. Moore, Chmn./CEO/Pres.
Larry Naritelli, Interim CFO/CAO/Contr.
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