Replies to post #5602 on Value Microcaps Motherboard

[MSGI]

stanu, I don't believe the PE of 16.5 for TRLG. They reported 12 cents per share today for the quarter. If they do that good in the next 3 quarters, they will earn 48 cents for 12 months and at todays closing price of $10.42, that is a PE of 21.7. Also this last quarter was seasonally their best quarter which included the Holiday sales. So earnings may not be 48 cents for the entire year.

[hweb2]

stan, nice call on CTON.OB. I bought a few. Some big positives here. Q4 earnings of .04/share vs. .01/share (before tax benefit) last year. Q4 revenues up 71%. Strong balance sheet with .28/share in cash! Company intends to reapply for Amex when they meet the listing requirements.

However, one big negative that I can see. Backlog dropped sequentially from $7.7M to $3.8M. Looks like there were hardly any bookings in Q4. So I wouldn't expect a repeat performance in Q1. But it looks like the company was breakeven during the first 3 quarters of 2004, so I still think it's attractive in the .40's with that balance sheet.