Value Microcaps Zip Code Changers

[southacresdave]

bbotcs...SCKT...with 4.8M shares outstanding (and 6.9M if all options and warrants were executed) and a 43% profit margin (and low overhead), the company doesn't need to become huge revenue wise. $10M/quarter makes it a 25 cents/share+ net income/quarter (especially with $30M+ in tax loss carry forward to use). The scanner business in time will easily do $5M/quarter. Give it a year and a hundred software apps being written that incorporate the scanner (they already have sold 100+ SDK software packages and it will grow. It takes time for the software to be brought to market).

The key here is not the scanners. That's a guarantee imo. The key is if they can get the Somo side of their business to match what the scanners do. When the Somo 655 starts coming out early in 2nd Q, will it be able to FINALLY capture the former Hp iPaq market???

If it does, the only patience is needed. This stock will get a nice run from the low float and the "sexiness" of their products. Apple certified scanners increasing in sales sequentially makes for sexy articles on message boards and Seeking Alpha articles. It will draw in more and more speculators. That's all well and good, but solid results will draw in institutions. That's the key to double digit stock price.