Value Microcaps Motherboard

[whyme2005]

Wade, Re: SIMC. Talking to company folks they think that further integration of its recent acquisitions, notably Litton Interconnect, will decrease operating costs/increase margins. Fortunately for SIMC shareholders the company has diversified into the strong defense and aerospace sector with Litton Interconnect, and is increasing its sales in Mexico and China in other markets. My estimates indicate annualized net profit ranging from 50 - 60c/share. SIMC's chaiman has said that his goal within 3 years is to get to $250M in revenues. In order to get there SIMC will have to keep growing at a very healthy rate. SIMC's apetite for acquisitions has been strong and its ability to integrate these acquisitions has been remarkable.

I don't know who stated the 20c/share net income rumor....i've never heard that before.

Thank you for your comments.