Pro-Dex (PDEX): FY2008 financial performance to be relea...

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Re: None

Wednesday, 09/10/2008 6:04:46 PM

Wednesday, September 10, 2008 6:04:46 PM

FY2008 financial performance to be released tomorrow at 4:30pm on a conference call...

IMO, PDEX (OTCBB: $0.88) will report a net loss for the fiscal fourth quarter ended 06/30/08... The loss will likely be $(0.02)-(0.03) per share for the quarter...

If this is accurate, PDEX will report a profit of about $0.05-0.06 per share for the fiscal year ended 06/30/08...

The stock price may drop sharply as an initial reaction to the fourth quarter net loss... I would not be surprised to see the stock trade down to a range of $0.65-0.75 on the announcement...

The stock might recover somewhat following the initial spike lower, but be aware of tax loss selling in November-December as the stock price will be at a 6 year low by yearend 2008...

IMO, that would be a good entry point to accumulate a long position in PDEX stock for investors with a long term 3-5 year holding time horizon...

Tom

Patience.

DIVERSIFICATION IS RULE #1 -- YOU ALONE ARE RESPONSIBLE FOR YOUR INVESTMENT DECISIONS -- ALWAYS CONDUCT YOUR OWN DUE DILIGENCE -- NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE -- HOPE IS NOT AN INVESTMENT STRATEGY -- PATIENCE !!!

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