Replies to post #8264 on Value Microcaps Motherboard

[John Bates]

XTND is a blast from the past. Made a lot of money on that in '99-'00 on a move from 15 to around 120, I think. As is the case with most of those stocks, I don't remember why I bought it :)

[hweb2]

2morrow, re XTND

Yes, it's #3. Would like to get more on a dip. I first bought it in early February when they pre-announced fiscal Q3 earnings of .11-.16/share. Mostly due to a licensing deal with Texas Instruments, but they did earn .07/share in Q2...so not exactly a 1-time thing. Stock has bounced between $4 and $5 a few times since then.

With the recently announced licensing news with Novell and Qualcomm, business appears to be going strong. So I think they will offer some positive comments on Q4 when they announce Q3 results in 3 weeks. If either of those deals closed in Q3, they might even raise guidance this week.

We've got a company that should have some big earnings, they're in a hot sector, and they're licensing their software to some blue-chip tech names. Combined with a relatively small float...I think this could pop to $6+ when the Q3 numbers are released. Stock is well off its 52-week high of $7.41 and I think it has the potential to develop into a Nasdaq darling like EVOL and CKCM did.