Value Microcaps Motherboard

[MikeDDKing]

FRD Any thoughts....

I used to own this stock and I am considering jumping back in. It is currently trading at $5.89 which is slightly over the book value of $5.17. They made $0.22 per share last quarter and the comparable for the next two quarters is $0.16. In the quarter ending June 30th they had some problems getting sufficient raw material. Reading between the lines in the 10Q for the quarter ending Sept. 30th I think that those problems are over although they could reappear. Also, their dividend yield is 5.4%.

This looks like it has good possibilities if the next quarter or two are a repeat of this quarter. However, the price action of the stock doesn't look that great and the price of FRD's product has gone down recently. Any thoughts?

Mike