News Focus
News Focus
Followers 227
Posts 63625
Boards Moderated 0
Alias Born 08/11/2004

Re: Zeev Hed post# 282829

Wednesday, 08/11/2004 6:24:20 PM

Wednesday, August 11, 2004 6:24:20 PM

Post# of 704044
I appreciate your time on checking into IIIN for me Zeev...they are in their 4th Q now and are expecting it to be another good quarter. In the 4th Q of '03 they earned .98 I believe, so they did have at least one positive Q last year. The CEO indicated in their most recent report that they're expecting '05 to be a good year for them also even though they do believe pricing probably peaked this past Q. I know they have paid down a fair amount of debt with their cash flow and that is at least partially why they don't have a lot of cash on hand. My gut feeling is we'll see considerably higher prices once it trades on Nasdaq, where institutions will be much more likely to buy shares....but that's my take even though I agree with a lot of what you're saying...and I really appreciate your feedback! Have a great evening! tuna

Consider anything a fish says as borderline entertainment at best, and most likely another lousy stock pick he'll lose his tail on again. circa 2005 source unknown

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today