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Re: bones1420 post# 6877

Sunday, 05/14/2006 11:13:45 AM

Sunday, May 14, 2006 11:13:45 AM

Post# of 33753
Bones, I agree with everything you said.


I dont think there will be another opp to accumulate at .002. .007 sounds about right to me and i will be right there with you scooping up shares.

I also think this means a profitable 3rd q also.

The way they are reporting the revs based on the percentage of completion likely means the 2nd and 3rd q's are both going to be profitable.

The revs despite not showing huge growth are more solid due to no one time tank fills and instead organic growth in the core business.

With only a 9K loss and the likelyhood of a 2nd and 3rd q profit and the potential for more large orders, i would say there is a 85% change this will be a profitable year.


There was one statement in the 10Q that i found to be potentially troubling and there is still plenty of risk here but I will be holding this before 2nd q earnings are reported.


If they continue the recent pr campaign the pps may continue to go up. With no pr's there should be an excellent opp to accumulate and enjoy the rush after 2nd q earnings are reported.


The statement i previously referred to and the Cornell factor(who knows how many shares will end up inthe o/s) make this potentially a bad buy right here.


The fundementals make it a great buy. If not for previous experience holding this i would probably be loading up right now.


Syte will be reporting earnings soon and i think there is currently an opp for a short term 50% gain.






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