Price Pivot Point Reversals

[IxCimi]

Some of the small cap NASDAQs are in various stages of play again. CIEN, ANCC, GNTA, ARRS, & BCON.

Looking also at IWAV:

REUTERS ABRIDGED FINANCIAL SUMMARY
For the fiscal year ended 6/30/04, revenues rose 48% to $44.5 million. Net loss fell 77% to $6.4 million. Revenues reflect increased sales to existing customers and sales to new customers. Lower loss also reflects a more favorable sales mix, reduced salaries and lower restructuring charges.

CANI:

REUTERS ABRIDGED FINANCIAL SUMMARY
For the six months ended 7/31/04, revenues fell 8% to $59.4 million. Net loss totaled $613 thousand vs. an income of $964 thousand. Revenues reflect decline in revenue within Global Payments Consulting business segment. Loss reflects increase in operating costs and decrease in interest income.


GMAI:

For the fiscal year ended 6/30/04, revenues totaled $212.9 million, up from $101.2 million. Net income totaled $29.4 million, up from $2.8 million. Revenues reflect increased sales to Afinsa (a related party), in which the Company has exclusive agreements. Earnings also reflect an improved margins. (See recent Afinsa articles)

All are volatility plays.

Enjoy