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MikeDDKing

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MikeDDKing

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Re: nsomniyak post# 21

Wednesday, 03/31/2010 2:14:23 AM

Wednesday, March 31, 2010 2:14:23 AM

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I thought the results were really good. They made $0.009/share for Q4. If you annualize that number they are trading at a PE of only 5. The results were roughly the same as Q3 so they are consistently profitable now. They have a rock solid balance sheet with $0.132 of cash. Finally, they gave a positive outlook.

Considering all of the above I was a buyer. I think IAIC could run to $0.30+ with the current fundamentals and more is possible if results improve.

Mike

SwingTrade is my favorite board - #board-1781

Due diligence on my favorite stocks is located on the sticky note on the SwingTrade board.

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