Saturday, January 12, 2008 12:45:26 AM
ZYNX is a stock that I expect to double or triple in 2008. ZYNX is my favorite stock and largest holding.
ZYNX is a rapidly growing provider of medical devices for the electrotherapy and stroke rehabilitation markets. Below is the history of their revenue and earnings which shows rapid growth:
They have been growing their revenue because of rapid growth of their sales staff. The growth of the sales staff is expected to continue. In May of 2006 they set a goal to grow from 10-15 sales reps to 100 in 3 years. As of the end of 2007 they hit 51 reps. Most of their sales are for rentals so they have very high gross margins in the 90% ballpark. Because of this, any additional sales go rapidly to the bottom line. I'm expecting Q4'07 EPS to be in the $0.03-0.04 range. I think 2008 EPS will be in the $0.25-$030 range. To put this in perspective, ZYNX closed at $1.31 today.
Here is a picture of their leading edge Neuromove product which is used for stroke and spinal injury rehabilitation:
Here is a link to their latest PR:
http://biz.yahoo.com/bw/080108/20080108005140.html?.v=1
More DD can be found here:
http://investorshub.advfn.com/boards/board.asp?board_id=2696
Mike
ZYNX is a rapidly growing provider of medical devices for the electrotherapy and stroke rehabilitation markets. Below is the history of their revenue and earnings which shows rapid growth:
Quarter Revenue Diluted EPS
Q3'07 $2,104,446 $0.021
Q2'07 1,505,207 $0.013
Q1'07 1,336,731 $0.008
Q4'06 747,071 -$0.009
Q3'06 743,787 $0.001
Q2'06 560,860 -$0.004
Q1'06 505,091 -$0.001
They have been growing their revenue because of rapid growth of their sales staff. The growth of the sales staff is expected to continue. In May of 2006 they set a goal to grow from 10-15 sales reps to 100 in 3 years. As of the end of 2007 they hit 51 reps. Most of their sales are for rentals so they have very high gross margins in the 90% ballpark. Because of this, any additional sales go rapidly to the bottom line. I'm expecting Q4'07 EPS to be in the $0.03-0.04 range. I think 2008 EPS will be in the $0.25-$030 range. To put this in perspective, ZYNX closed at $1.31 today.
Here is a picture of their leading edge Neuromove product which is used for stroke and spinal injury rehabilitation:
Here is a link to their latest PR:
http://biz.yahoo.com/bw/080108/20080108005140.html?.v=1
More DD can be found here:
http://investorshub.advfn.com/boards/board.asp?board_id=2696
Mike
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