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Re: shmoopy38 post# 969

Thursday, 02/22/2007 8:06:37 PM

Thursday, February 22, 2007 8:06:37 PM

Post# of 1171
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Posted by: gilead23
In reply to: shmoopy38 who wrote msg# 65721 Date: 2/22/2007 4:19:55 PM
Post #

MFIC agreed nice day

As I said before if you look at the backlog which rose 700k in a single month it implies orders were accelerating.

At a somewhat low sales rate of 1 million a month they would have signed 1.7 in new orders in january for a quarterly revenue rate of 5.1 million.

If you put the sales rate in line with what they had last quarter it implies they pulled in a whopping 2.4 million in orders in january alone for an implied quarterly revenue rate of over 7 million.

If they actually did that 7 million you would be looking at EPS numbers of .14 a quarter which I think would certainly make it a 5 bagger from here.

As it stands I am hoping they do 5 million/.06 eps followed by 6 million .09 EPS.

This was a nice pick. Thanks to those of you who brought it up.

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