Ultra Data Systems (fka UDTA)

[53chevy]

Need some news from the company to give this thing a boost. Big board plays are required to give mid-quarter guidance, so as not to "surprise" shareholders when 10Q's are filed. Too bad that's not a requirement in pennyland.

Taking the 3qtr numbers from the 8K:

$2.2M in revenues through first nine months, annualizes to a $2.9M year, or 14% year on year growth (nice!)

Net profits of $820K through nine months annualizes to nearly $1.1M, or a 29% year on year improvement! (very nice!)

Also, at $1.1M net profit projection for the year, and 50M shares outstanding, thats an EPS of nearly $0.022 - using a common P/E ratio of 10-15x, that equates to a justifiable pps of $0.22 to $0.33 - seems like we have a bargain on our hands at the moment.........fingers crossed....... JMHO