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Thursday, 07/14/2005 12:45:07 PM

Thursday, July 14, 2005 12:45:07 PM

Post# of 173904
CXTI.ob filing reveals they recently closed a new deal in China for $17MM US. The stock had been selling off, IMHO, on the belief that there was little if anything left in the sales pipeline. An announcement should be coming out soon, I would think.

Here's the poster that caught the filing:
http://ragingbull.lycos.com/mboard/boards.cgi?board=CXTI&read=284

They had to issue stock to the consultant that helped them win the contract, but he doesn't appear likely to sell at current levels......

Could be worth a small flyer; stock trades at 0.56 x 0.58.

Earned 0.12 ft, fd in the most recent Q.

Hweb, this has to be the most undervalued stock on a PE basis out there........

I started a very small position today on this filing info. News of the contract win doesn't appear to be widely known yet, as there hasn't been a PR on Yahoo. Could pop up once this gets out.
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