Replies to post #100704 on Value Microcaps Motherboard

[SkepticalOptimist]

WTEK: My WAG for the quarter is $2.15M in revenue with a similar EPS of $.03 to $.04, but likewise, hopefully I am too conservative. I've been using a regression methodology to track their revenue using backlog, inventory, and customer deposits and it has been fairly accurate.

I think a larger question is if the Leland and Lorita Bolen, 53% owners which have been accumulating more (also both on WTEK BOD and owners of Avis Industrial which owns American Baler) are making a move to take out the remaining 47%. This has been a nice increase without any news with some modest volume growth. I am assuming that no one on this board has any info from the annual meeting on April 21, 2008?

[Knowledge is King]

WTEK reports $.044 vs ($.02), sales up 64%


Backlog is flat year-over-year, but up 28% sequentially to $3M. Adding in a income tax benefit, the company made $.22/share in the quarter. Backing out the tax benefit, 12-month trailing EPS are now $.31 for a company showing strong sales growth for four consecutive quarters now...


Be sure to live your life, because you are a long time dead.
---Scottish Proverb