Thanks for WIRX on 8-30-04 HWEB!!!!
I went back to Raging Bull and Harry posted the 2nd message on the WIRX board 8-30-04, and the stock was around $1.20/share when he lit the delayed fuse. It took a while and then BOOM, another explosion!
Thanks Bob and Harry for starting this board on RB and bringing us over here to Ihub.
If there is one thing I have learned from you guys it is how to be patient after uncovering undiscovered value, eventually it gets discovered!
Kipp
From RB:
By: hweb__2
30 Aug 2004, 11:55 AM EDT
Msg. 2 of 140
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Bought some WIRX.OB today. Q2 earnings of .07/share vs. a loss last year. Q2 revenues up 39%. Solid balance sheet with tangible book value of .70, including .36/share in cash. Stock up 20% today, but still looks very cheap around $1.20. 10Q said second half of the year is typically stronger leading into December holiday season.
CEO gave an interview last week, in which he said the stock price should grow to the point where they qualify for an Amex listing in 2005. I believe you need a $3 stock price. Mentioned Q2 earnings of .07/share and said results should continue in a positive direction. Talked about signing new customers, including Amazon! Overhead relatively fixed, so increased sales should really benefit bottom line. Just starting an investor relations program that will begin in earnest in the coming weeks.
