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shmoopy38

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shmoopy38

Re: cfoofme post# 425

Tuesday, 02/20/2007 8:44:39 PM

Tuesday, February 20, 2007 8:44:39 PM

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I do not disagree with your assessment. I listened again to the MN1.com interview today and the CEO was upbeat about the leadership position that MFIC holds. This is borne out by the record 56% gross profit margin in Q3. Also, MFIC raised its average selling price for its products by 10% last year which indicates solid demand.

Finally, regarding the stock price, I really like the fact that the market cap still sits at only $23 Million while many other microcap nanotech stocks trade 10 times higher with far less fundamentals.
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