Millionaire Players Club

[jaybird249]

ILC:AMEX $.55 reports profit
ILC is a turnaround GEM in the hot teleconferencing sector just getting discovered. Teleconferencing use is soaring as companies cut back on travel due to high fuel prices.

-Just reported quarterly profit
-EBITDA nearly $800,000 for quarter
-Projects to exceed 22% growth next year
-Just announced $2 MM equity financing that shores up balance sheet
-Has about 33 MM fully diluted shares OS now.

With 25% sales growth, ILC will do over $15 MM revenue bext year and should have EBITDA approaching $5 million. Most companies in the sector trade at 12 X EBITDA- ILC could very easily be a $2 stock.

Junior telecom stocks like IIP and SVVS have been on a tear, ILC is next IMO
http://biz.yahoo.com/prnews/060622/lath037.html?.v=57