Value Microcaps Motherboard

[2morrowsGains]

NSS...Earned $1.53 per share last quarter, trading under $52! Net income rose from $42M last quarter to $55.5 this quarter. EPS was up huge year over year and the only reason they were down a little sequentially, is because they are now fully taxed. (Effective tax rate of 38%)
Sales and income (before taxes) both showed very good sequential gains.
Listened to the CC and they said rig count will continue increasing and demand is healthy.
NSS is sitting on $169M in cash, up over $20M from last quarter, and has NO DEBT!
Gross margins were a record 31.4%!
A forward P/E of 10 puts NSS above $60!!
Still a lot about this company I don't understand, but who said you have to understand everything to make money in the market, LOL.
The numbers look great and IMO the stock will be setting new highs shortly.
We'll see what happens. (NSS might not qualify as a value microcap now, but when yinser posted this on a while back, it was trading a lot lower).
Thanks yinser for brining this one to my attention a couple of months ago. (BTW, I got your PM, but can't reply cause I'm still a freebie.)