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Alias Born 04/20/2001

Re: None

Monday, 02/18/2002 12:19:39 PM

Monday, February 18, 2002 12:19:39 PM

Post# of 54402
BUKS (OTCBB)

This one misses my requirement of having an institution, but looks interesting:

Butler National Corporation provides aircraft modifications,
avionics, gaming, SCADA systems and monitoring services, and
temporary services. Aircraft Modifications principally include the
modification of customer and company owned business-size aircraft
from passenger to freighter configuration, addition of aerial
photography capability, and stability enhancing modifications.
Avionics principally include the manufacture of airborne switching
units used in DC-9, DC-10, DC-9/80, MD-80, MD-90 and the KC-10
aircraft and Transient Suppression Devices for fuel tank protection
on Boeing Classic aircraft. Gaming principally includes business
management services and advances to Indian tribes. SCADA Systems and
Monitoring Services principally include the monitoring of water and
wastewater remote pumping stations through electronic surveillance
for municipalities and the private sector and related repair
services. Temporary Services include temporary employee services for
corporate clients.
http://www.butlernational.com/

For the six months ended 10/31/01, sales totaled $5.9 million, up
from $2.3 million. Net income totalled $1.1 million vs. a loss of
$797 thousand. Revenues reflect increased sales in the Aircraft
Modifications and the Avionics segments. Net income also reflects
improved profit margins

Book Value (mrq) $0.15
Recent Price $0.15
Total Cash (mrq) $213.0K
Profit Margin (ttm) 14.3% Operating Margin (ttm) 15.8%
Shares Outstanding 37.3M Float 29.1M
Shares Short 6,000 Percent of Float 0.1%
Insider and 5%+ Owners: 22%
No institutions listed

Using quick ratio evaluations- stock value is .12

Chart looks oversold
http://clearstation.etrade.com/cgi-bin/details?
Symbol=buks&Refer=http://clearstation.etrade.com/
http://www.askresearch.com/cgi-bin/chart?
symbol=buks&country=USA&size=640x480&months=6+months&type=Candle&color
=Graph+Paper&scale=Linear&moving1=10+day&moving2=10+day&moving3=50+day
&overlay=bollinger&bollinger=20+day&ind_vol=on&ind_obv=on&ind_sto=on&s
to=13-7-7&ind_wpr=on&wpr=14&ind_rsi=on&rsi=14&ind_macd=on&macd=8-17-
9&ind_roc=on&roc=30-15&ind_mfi=on&mfi=14&refresh=300

5 Day Support $0.13 5 Day Resistance $0.16 15 Day Support $0.12 15
Day Resistance $0.17 80 Day Support $0.08 80 Day Resistance $0.20


The Stables, features all Class II games permitted under the Indian
Gaming Regulatory Act, including high stakes bingo and pull tabs. The
Stables is unique in that it has an approved Class III gaming compact
with the State of Oklahoma to offer Off-Track-Betting on horse racing
("OTB''). Both the OTB facility and the bingo operation feature state-
of-the-art electronics and games.

In addition to the Stables, Butler National Corporation has two other
properties under various stages of planning and construction.

• Princess Maria Miami County Kansas,

• Shawnee 206 Johnson County Kansas. This has been Shawnee
Reservation since 1831. This property is located approximately 21
road miles from downtown Kansas City. The Company believes that there
is a significant opportunity for Indian gaming on the Shawnee Reserve
No. 206.



Small Cap plays: #board-865
Big Board plays: #board-711

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