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good thing I did not take
prifits on CADA few days ago.
Press Release Source: CAM Commerce Solutions, Inc.
CAM Reports Strong 1st Quarter Profits on Higher Revenues
Monday January 26, 5:00 am ET
EPS of 10 Cents Versus Loss of 6 Cents in Q1 2003
FOUNTAIN VALLEY, Calif., Jan. 26 /PRNewswire-FirstCall/ -- CAM Commerce Solutions, Inc. (Nasdaq: CADA - News) reported revenues of $5.3 million for the three months ended December 31, 2003, compared to $4.9 million for the first quarter of fiscal 2003. Net income for the three months ended December 31, 2003 was $375,000 or $0.10 per share, compared to a net loss of $(184,000) or $(0.06) per share for the quarter ended December 31, 2002.
As of December 31, 2003, the Company had $13.3 million in cash and marketable securities, or $4.01 per share based on shares outstanding at December 31, 2003, compared to $12.4 million at September 30, 2003, or $3.82 per share based on shares outstanding at September 30, 2003.
"The $0.10 per share net profit we earned in our December quarter made it one of the best quarters since our Y2K driven December quarter in 1999," said Geoff Knapp, CEO. "This significant improvement in our results continues the trend of the last couple quarters and is a further indication that we have created a positive fundamental shift in our business model. We have a net profit for the trailing 12 months as well as a great start to our new fiscal year. During the quarter, we saw a slight improvement in system sales and continued strong growth in our X-Charge payment processing business, which again more than doubled over the prior year. We now have more than 2,000 customers, whose gross combined credit card sales volume exceeds $500 million per year, processing with us on X-Charge. Reseller sign-ups of new X-Charge payment-processing customers have risen to approximately one-third of our total new business, and we expect this to continue to increase. We also brought live our initial group of Gift Card customers in December, and we have built-up demand for this new X-Charge product offering going into the New Year. Our backlog going into January for new systems was significantly higher than at the same time last year as December orders were the best we have seen in quite awhile. We continue to be optimistic that we have turned the corner and that our improved revenue mix and expense structure, when combined with growing revenues, will yield positive results going forward."
Calculation of Cash and Marketable Securities per share
DECEMBER 31 SEPTEMBER 30
2003 2003
Cash and cash equivalents $11,809,000 $10,889,000
Marketable available-for-sale
securities 1,529,000 1,541,000
Total cash and marketable securities
(numerator) $13,338,000 $12,430,000
Shares outstanding (denominator) 3,327,000 3,253,000
Cash and marketable securities per share $4.01 $3.82
About CAM Commerce Solutions
CAM Commerce Solutions, Inc. provides total commerce solutions for traditional and web retailers that are based on the Company's open architecture software products for inventory management, point of sale, sales transaction processing, accounting, and payment processing. These solutions often include hardware, installation, training, service, and payment processing services provided by the Company. You can visit CAM Commerce Solutions at www.camcommerce.com.
Important Information
The statements made in this news release, including those relating to the expectations of profitability and economic climates, are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Words such as "will," "should," "believe," "expect," "anticipate," "outlook," "forecast," "optimistic," "feel," "potential," "continue," "intends," "plans," "estimates," "may," "seeks," "would," "future," "bright," and other similar expressions that predict or indicate future events or trends, or that are not statements of historical matters, identify forward-looking statements. Expectations concerning financial results for future quarters are not actual results and are based upon preliminary estimates, as well as certain assumptions management believes to be reasonable at this time. Investors should not rely upon forward looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from our expectations, and the company expressly does not undertake any duty to update forward-looking statements which speak only as of the date of this news release. The performance of any one quarter may not be indicative of future performance, particularly given prevailing market and economic uncertainties. In addition to the factors set forth elsewhere in this release, the economic, competitive, technological, and other factors identified in CAM Commerce Solutions' filings with the Securities and Exchange Commission could affect the forward looking statements contained in this news release.
CAM COMMERCE SOLUTIONS, INC.
CONDENSED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
THREE MONTHS ENDED
December 31 December 31
2003 2002
REVENUES
Net hardware, software and installation
revenues $3,237 $3,220
Net service revenues 2,063 1,660
Total net revenues 5,300 4,880
COSTS AND EXPENSES
Cost of hardware, software and
installation revenues 1,653 1,589
Cost of service revenues 534 521
Total cost of revenues 2,187 2,110
Selling, general and administrative
expenses 2,421 2,602
Research and development expenses 369 426
Total costs and operating expenses 4,977 5,138
Operating income (loss) 323 (258)
Interest income (81) (74)
Income (loss) before provision for
income taxes 404 (184)
Provision for income taxes 29 --
Net income (loss) $375 $(184)
Basic net income (loss) per share $0.11 $(0.06)
Diluted net income (loss) per share $0.10 $(0.06)
Shares used in computing basic net
income (loss) per share 3,284 3,109
Shares used in computing diluted net
income (loss) per share 3,615 3,109
CAM COMMERCE SOLUTIONS, INC.
CONDENSED BALANCE SHEETS
(In thousands, except per share data)
DECEMBER 31 SEPTEMBER 30
2003 2003
ASSETS
Current assets:
Cash and cash equivalents $11,809 $10,889
Marketable available-for-sale securities 1,529 1,541
Accounts receivable, net 1,381 1,214
Inventories 207 272
Other current assets 141 102
Total current assets 15,067 14,018
Property and equipment, net 653 710
Intangible assets, net 863 908
Other assets 282 305
Total assets $16,865 $15,941
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $551 $518
Accrued compensation and related expenses 783 687
Deferred service revenue and customer
deposits 1,636 1,455
Other accrued liabilities 224 263
Total current liabilities 3,194 2,923
Stockholders' equity:
Common stock, $.001 par value; 12,000
shares authorized, 3,327 shares issued and
outstanding at December 31, 2003 and
3,253 at September 30, 2003 3 3
Paid-in capital 14,555 14,271
Accumulated other comprehensive income 17 23
Accumulated deficit (904) (1,279)
Total stockholders' equity 13,671 13,018
Total liabilities and stockholders' equity $16,865 $15,941
--------------------------------------------------------------------------------
Source: CAM Commerce Solutions, Inc.
SNNW ready to pop again?
http://stockcharts.com/def/servlet/SC.web?c=SNNW,uu[w,a]daclyiay[db][pb50!b200!f][vc60][iut!Uyb20,2....
IDGE simular chart
http://stockcharts.com/def/servlet/SC.web?c=idge,uu[w,a]daclyiay[db][pb50!b200!f][vc60][iut!Uyb20,2....
How do I post the chart here?
I m not good at posting on boards.. gezzzz.....lol
love to add ADAT on weak.
15s would be nice.
CPHD after selling at 8.30 .....sucker running...hate when that happens.
CREE had good run, looks like I sold at perfect time,
was gonna hold for longer,but went up too fast...
NXTL,NXTP, give me 20-25% haircut I'll jump on it.
Feels comfortable holding longterm.
LQI,HLTH,CRY,NTOP,SYY,CDN, <---- recent buys,within past few weeks.
GOOD DAY ALL~~
ETLT..sorry don't know much about it.
IDGE should breakout in a day or two .....
but....what do I know...look at CRGQ run ..gezzz
VAPH buy from 5.75...running good.
CADA buy from 4s having good run lately.
not taking any profits on these.....yet
Even tho I should....just gonna let it run.
ASTT
Press Release Source: ASAT Inc.
ASAT to Provide Flip Chip Technology to Shanghai Fudan Microelectronics Company Limited
Tuesday January 20, 4:00 am ET
HONG KONG and PLEASANTON, Calif., Jan. 20 /PRNewswire-FirstCall/ -- ASAT Holdings Limited (Nasdaq: ASTT - News) and ASAT Inc., global providers of semiconductor package design, assembly and test, today announced that it will provide flip chip land grid array (LGA) technology to Shanghai Fudan Microelectronics Company Limited for multimedia applications.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030414/ASATLOGO )
ASAT's flip chip LGA is a chip scale package solution using high-end flip chip interconnect technology and a low-cost laminate substrate delivering one of the smallest form factor solutions available. This package offers an optimal solution for the design of compact products with limited board real estate. As a high volume packaging solution, this technology is particularly suited for the Company's newest high-speed flip chip assembly equipment.
"We believe ASAT is the only semiconductor assembly and test company offering flip chip LGA technology in China," said Neil Mclellan, chief technology officer of ASAT Inc. "Fudan's decision to integrate ASAT's flip chip technology into its multimedia products validates our commitment to expand our flip chip capability. With high-speeds, increased I/O and bump density requirements, the demand for flip chip technology continues to rise."
"To provide our customers with superior products, it is critical for us to deliver state-of-the-art technology," said Qiqi Ding, spokesperson for Shanghai Fudan Microelectronics Company Limited. "ASAT's flip chip LGA offers an exceptional solution for our multimedia products, and we are confident we will meet our customer needs for quality, performance and reliability."
Shanghai Fudan Microelectronics Company Limited
Shanghai Fudan Microelectronics Company Ltd. is a joint stock limited company. Its business covers design and development of ASIC and provides total solution for application specific systems. For more information visit www.fmsh.com.
ASAT Holdings Limited
ASAT Holdings Limited is a global provider of semiconductor assembly, test, and package design services. With 15 years of experience, the Company offers a definitive selection of semiconductor packages and world-class manufacturing lines. ASAT's advanced package portfolio includes standard and high thermal performance ball grid arrays, leadless plastic chip carriers, thin array plastic packages, system-in-package and flip chip. ASAT was the first company to develop moisture sensitive level one capability on standard leaded products. Today the Company has operations in the United States, Asia and Europe. ASAT Inc. is the exclusive distributor of ASAT Holdings Limited's services in the United States. For more information visit www.asat.com.
This news release contains forward-looking statements, which may involve uncertainties that could cause events to differ significantly from those implied by such statements. More information on potential factors that could affect the Company's results is included in the Company's most recent filings with the Securities and Exchange Commission.
Contact:
Connie Bordanaro
Marketing Communications Manager
ASAT Inc.
925-398-0431
connie_bordanaro@asat.com
Neil Mclellan
Chief Technology Officer
ASAT Inc.
925-398-0443
neil_mclellan@asat.com
http://biz.yahoo.com/prnews/040120/sftu039_1.html
China's GDP Growth Accelerated to 9.9% in 4th Quarter (Update2)
Jan. 20 (Bloomberg) -- China's economic growth accelerated to 9.9 percent in the fourth quarter as factories produced more cars, computers and clothing to meet rising consumer demand and surging overseas orders.
The economy grew a revised 9.6 percent from a year earlier in the third quarter, the National Bureau of Statistics said in a statement in Beijing. For the full year, gross domestic product rose 9.1 percent -- its biggest percentage gain in six years -- to 11.7 trillion yuan ($1.41 trillion), it said.
China's economic growth gathered pace last year even as the region's severe acute respiratory syndrome outbreak cooled consumer spending, tourism and trade in the second and third quarters. Electricity blackouts too failed to curb expansion in the world's sixth-largest economy.
``We had a successful 2003 and sold a record 597,000 cars after overcoming SARS, heat and capacity and power shortages,'' said Xiao Guopu, vice president at Shanghai Automotive Industry Corp., China's No. 2 vehicle maker. The company makes cars in partnership with General Motors Corp. and Volkswagen AG.
China used a new system of measuring economic activity that takes greater account of the construction industry, black market and other areas after economists cast doubt on the accuracy of the previous method. The economy was previously reported to have expanded 9.1 percent in the third quarter and 8 percent in 2002.
Fixed-asset investment, which accounts for about a third of China's economy, grew 35 percent last year, Xie Xuren, commissioner of the State Administration of Taxation, said last week.
Retail sales rose about a 10th for a fifth straight month in November and overseas sales in December grew 51 percent -- their fastest pace in more than eight years -- to a record $48 billion.
buyer=basher
seller=pumper
EOM
crgq...
"Z-Trim is a zero calorie, multi-functional, fiber food ingredient that lowers calories and fat without affecting taste or texture"......uhmmm intersting..very.
http://www.dailyherald.com/search/main_story.asp?intid=3800269
http://www.foodingredientsfirst.com/newsmaker_article.asp?idNewsMaker=4927&fSite=AO545
chart wise....it was perfect decending triangle at $2
volum is at the highist....imo it could also mean pps at the highist.
Possible pullback? $3.50? $3 ?
If only I could see the future...lol
MSHI starting to move?
volum picking up.
float less than 2mil.
http://stockcharts.com/def/servlet/SC.web?c=mshi,uu[w,a]daclyiay[db][pb50!b200!f][vc60][iut!Lb14!Lc2...
IDGE looking good
I like the chart.
http://stockcharts.com/def/servlet/SC.web?c=idge,uu[w,a]daclyiay[db][pb50!b200!f][vc60][iut!Lb14!Lc2....
will poke some soon.
all my shorts doing great.
will cover SHI PTR...soon and other short positions.
as soon as I see upper movement.
I don't have ELN.
Few days ago bought SYY,CDN,CREE,LQI, what else?..uhmmm..lol
for my IRA account.
still holding all the penny stocks.
CTKH,
CESY,
IBZT,(bought more at .039 .031)
BIPH, (sold 1/2 at 146 buy from .61)
WEL, (been holding for while,bought at .40-.60 sold most of them at the TOP.before R/S still holding some.don't know why.....lol)
SEHO,bought some last week.
NWD,
MFIC,bought this when you(dave) recommeded at 2.45 ? I think
still holding
because...
HUSIC CAPITAL MANAGEMENT keeps on buying.
do they know something,that we don't ??
http://moneycentral.msn.com/investor/invsub/insider/trans.asp?Symbol=mfic
from yahoo http://messages.yahoo.com/bbs?action=m&board=4687735&tid=nano&mid=4685&sid=4687735
When the earnings reports are finished for large tech companies, small new technoligy companies will be in favor. A little known company in the nano techology business will IMO be in the limelight.
GW Bush will be pushing the moon and Mars man/robotic landing. I'm holding a local Newton MA company called Microfluidics Corporation.
MFIC has a new product: a Multiple Stream Mixer-Reactor (MMR) system. Its used for the production of nanotechnology which is focused on chemical, pharma, and biotech and many other industries. Company has over $14 million in trailing sales. They specialize in producing and marketing fluid materials processing systems used for various grinding, dispersing, milling and blending applications across numerous industries and for use in high shear fluid processing in various applications within those industries.
It should be heading to Nas small cap with 7.5 million shares outstanding.
Institutional Investor have Acquired more than 10% holding in MFIC.
MFIC is already an operating co. with only 7.5 million shares outstanding. IMO if MFIC goes Nasdaq small cap, most major NANO stock newsletters will probably be recommending it, and we'll have a major move upwards. MY initial long term target for MFIC is $15-$20, and then higher as MFIC announces nano-related contracts and developments.
Look into it.
New SEC filing for nanotech MFIC:
http://www.amtddj.inlumen.com/bin/djstory?StoryId=CqayEuaebqLqWmdy0nJK
DJ Husic Capital Raises MFIC Corp Stake To 15.6% Vs 10.4%
01/15/2004
Dow Jones News Services
(Copyright ?2004 Dow Jones & Company, Inc.)
WASHINGTON (Dow Jones)--Husic Capital Management raised its stake in MFIC Corp. (MFIC) to 15.6% from 10.4%, according to an amended Schedule 13G filed Thursday with the Securities and Exchange Commission.
Husic Capital said it beneficially holds 1,175,983 common shares. In December, Husic Capital reported beneficial ownership of 778,292 shares.
A Schedule 13G denotes a passive investment stake in a company. Filers aren't required to provide a reason for any changes in stake and aren't required to detail any transactions.
MFIC provides high-performance materials processing equipment to the chemical, pharmaceutical, biotechnology, personal care and food processing industries.
-By Donna Hemans; Dow Jones Newswires; 202-862-1344;
donna.hemans@dowjones.com
(END) Dow Jones Newswires
01-15-04 1347ET
btw: Crappies are good to eat too,you could catch them by the dozens,10-12 inchs ,scales comes off easy too.... also bass......woo..lol
love fishing.thinking of going ice fishing next week,upstate n.y.its got to be 4feet thick ice....so I'll see
had(having)snow here, went snowboarding yesterday.
damn tire.....can't keep up with kids...lol
The Market Today
Provided by Schwab Center for Investment Research
Consumer sentiment rose to the highest level since late 2000 and General Electric (GE 7,9,10,11) offered favorable profit guidance, while Juniper Networks (JNPR 7) surpassed earnings expectations, boosting stocks for the eighth consecutive week. Adding to the positive tone, net foreign purchases of U.S. assets picked up, lifting the dollar, while Cree (CREE 7) beat the Street's profit estimates. In contrast, Home Depot (HD 7) offered a disappointing 2004 outlook and Johnson & Johnson (JNJ 7) was downgraded. Despite a weaker-than-expected rise in industrial production, Treasurys finished lower amid evidence of inventory rebuilding and the jump in consumer sentiment. The Dow Jones Industrial Average rose 0.4%, the S&P 500 Index was 0.7% higher and the Nasdaq Composite Index rose 1.5%. Networking and biotech shares paced the advancers, while retail issues led to the downside. On the Big Board 1.7 billion shares changed hands, while a relatively heavy 2.6 billion shares traded on the Nasdaq. For the week, the S&P 500 added 1.6%, the DJIA rose 1.4% and the Nasdaq climbed 2.6%.
LFC holding for long term
http://www.insurancenewsnet.com/article.asp?a=top_lh&lnid=68271969
IBZT Ken Schilling interview today on CEOCast.com
http://www.ceocast.com/company_media.cfm?media=2&file=517
ok, looks like you guys had a good day,with NPCT
again great pick dave. I miss it tho ..
But I'm stll holding CTKH, from .26 BIPH, from.61(all)
and lot more stocks..lol
ICGE looked good until afterhour still holding from .41
I've been trading (scalping) like a madman...??..lol
bought today EVSC from allstocks board.
I trade from 9:30 am till about 12 noon..or so. and go to work.
And ,If I come home early (meaning working only about 2-3 hours)
Then I trade last 30 min.
Today I try to sell some CTKH ....But did not know which account
I was holding at......lol
I have about 8 accounts.....
Found out I was holding at RJT acc....duh...lol
Standard & Poor's The Outlook
Standard & Poor's Five STARS Stocks
I have followed their recommandations for about 4-5 years.
And I'm very happy with their picks.
For long term hold 6 month-12 month.
Here are some of S/P recomandations, that i like.
first price is S/P recommended. 2nd price is as of todays.
SYY $36 $36.77
MDT $47 $48.73
ODP $16 $15.67
NXTL $25 $28.34
NXTP $11 $14.95
CREE $17 $21.25
ELX $28 $28.39
AWA $11 $12.67
CDN $17 $18.62
FLEX $15 $16.73
LQI $6 $6.84
MLNM $16 $17.84
MATK $60 $67.53
RRI $6 $7.39
BEAS $13? $13.87
Market Insight for January 12, 2004
January May Disappoint
By Joseph Lisanti, Editor, The Outlook
The above-average gains in December may have stolen some of this month’s thunder. But we look for the full year to be up.
In 2003, the Standard & Poor’s 500 index posted its first gain since 1999 and its best full year since 1998’s 26.7% advance. The index began 2004 with a fairly strong tail wind, and the solid 5.1% upward move last month suggests that January may also end in positive territory, though probably much less so.
Since 1928, December has been outstanding for the stock market as the “Santa Claus” rally boosted the S&P 500 an average of 1.4% for the final month of the year. Before last month, the “500” had gained 5% or more in 11 other Decembers. The subsequent January saw further gains in eight of those 11 periods, or almost 73% of the time.
But not once did such a January gain exceed 5%. The best result of the 11 under consideration was a 4.1% advance in January 1971; the worst showings were declines of 5.1% in January 1977 and again in January 2000. On average, the gain in a January following a 5%-or-better advance in December was only 0.6%. That’s well below the historical 1.5% average gain for the S&P 500 in the first month of the year.
Whatever happens to the index in January, we think the full year will be up, but not as much as in 2003. This year, the economy should continue to grow, but less vigorously than in recent quarters. Last year’s tax cut should still be felt as investors in dividend-paying stocks pay less in taxes than they did in 2003. But overall, the tax cut is not likely to have as large a stimulative effect on the economy this year.
In short, the market outlook remains positive, but investors should not expect a rerun of 2003. We think the S&P 500 index will end the year at 1190.
Given what we view as currently unattractive alternatives in bonds and cash, we continue to recommend keeping 65% of investment assets in stocks.
would I buy more IBZT?
Depends on how much of shake we get(but looks more like gap up)
If gap up, I'll wait for the shake.
If not much gap I'm on.
today,about 12:00 noon I have put buy order in at .029
(after selling some at .04)
and went out for about 3 hours......I see IBZT touched .03..gezzzz
I thought IBZT were gonna get BIG shake,since no PR and no
coverage on TV...and its friday.....I guess I was wrong.
poking MSEV with news
http://biz.yahoo.com/bw/040108/85273_1.html
at .044
sold 1/2 CESY at .0044