Value Microcaps Motherboard

[jaybird249]

BITS earnings Monday. In early 2006 this stock went past $9 after it earned $.08 per share. It earned $.04 in Q1 its weakest quarter. In 2005 Q2 sales exceeded Q1 sales by $400,000. Also cost of revenue % was abnormally high in Q1 and the 10Q stated that cost of service would jump around but show similar overall % to 2005 so I expect cost of revenue % to decline in Q2. Also note the following:
"Based on another strong quarter and our continued focus on increasing revenue and managing operations we expect to enhance our operating performance and profitability throughout 2006."

If BITS matches or exceeds the $.08 Q4 2005 number there could be fireworks Tuesday..
A lot of people are saying BITS is the next CKCM. It is in a similar segment to SMSI.