|
Codes: At the end of each Update & Sneak, there are three
codes. They have a rating from 1 to 10. Those numbers reflect my
personal opinion. Please -- do not take action based on my opinion
alone. Do four things before taking action: (1) Read my original
writeup to get an overall feel (in the case of updates on recommendations);
(2) Get the latest 10-Q, 10-K, corporate profile, & news releases;
you can access them at www.wallstreetcorner.com on the Internet;
(3) Study them; & (4) Call a key member of management to get a final
impression. If anything bothers you regarding that call, pass. There
are lots of situations. Do not invest unless everything about a
situation feels good to you.
"R" stands for "Risk Rating." A "1" means I view the situation
as having an extreme amount of risk. A "10" means very low risk
-- a much sounder, more financially stable situation. You'll see
hardly any with a "1" or "10" rating. I chose "10" to mean lower
risk so the higher the number after each of the three codes, the
more favorable the rating.
"M" stands for "Midterm Appreciation Potential." A "1"
means I view the situation as having a small degree of midterm ("mid-term"
is six to 12 months) potential. A "10" means really outstanding
midterm potential.
"L" stands for "Long-term Appreciation Potential." A "1"
means I view the situation as having a small degree of long-term
("long-term" is over one year) potential. A "10" means really outstanding
long-term potential.
Actrade International, Ltd. (NASDAQ/ACRT -- CS 2/99) --
CEO Amos Aharoni, in an interview 4/19/99, was able to explain to
me in a very effective way just what his company does. In business,
payment is made in either of two ways: cash, or open account with
terms. Cash is great for the supplier, hard for the buyer. Open
account is great for the buyer, hard for the supplier. In the consumer
arena, the solution has been the credit card -- it lets the buyer
buy on terms & lets the supplier get cash. In the business to business
arena, there hasn't been a way to satisfy both the buyer & the supplier
-- until now. ACRT's patented "TAD" (Trade Acceptance Draft) closes
the gap between cash & open account. It's the "credit card" of the
business to business transaction. It gives the buyer terms & gives
the supplier cash. ACRT finances the transaction, takes the credit
risk, & handles collections. But the charm of how ACRT does it is
that it sells the financing to banks & sells the credit risk to
credit insurance companies. ACRT processes the transaction & makes
an attractive profit. The buyer is happy; the supplier is delighted;
ACRT is making money; the banks love financing the TADs; & the insurance
companies generate more revenues -- every party to the TAD business
is a winner. Call Mitchell G. Menik @ 212-563-1036, fax 212-563-3271,
or write 7 Penn Plaza, Suite 422, New York, NY 10001. www.actrade.com
[R-8; M-7; L-8]
Advantage Marketing Systems, Inc. (NASDAQ/AM-SO -- CS Sneak
1/99) announced net income for Q4 '98 of $167,626 or $0.04/diluted
share compared to a net loss of $2,457 or less than $0.01/diluted
share for the same period last year. Net sales increased 48.1% to
$3,786,888. Call 800-426-4267 (ext 4916 for Curt Wilson, or ext.
4903 for Roger Baresel), fax 405-843-4935, or write 2601 NW Expressway,
Suite 1210W, Oklahoma City, OK 73112 [R-8; M-8; L-9]
Air Methods Corp. (NASDAQ NMS/AIRM -- CS 12/91) announced
$2.4 million in new contracts for its Products Division. Also, AIRM
will re-commence purchasing its common stock. Call CFO Aaron Todd
@ 303-792-7413, or write 7301 South Peoria, Englewood, CO 80112.
[R-6; M-5; L-7]
Allied Devices Corporation (NASDAQ/ALDV -- CS 2/98) announced
a common stock buy-back of, initially, up to 100,000 shares. Call
Paul Cervino @ 516-223-9100 x238, fax 516-223-9172, or write 2365
Milburn Ave., Baldwin, NY 11510. Website: www.allieddevices.com
[R-7; M-7; L-8]
AMBI Inc. (NASDAQ/AMBI -- CS 8/95) reported results of clinical
trials for Chromax(R) brand chromium picolinate. It reduced or eliminated
symptoms of diabetes in 41 out of 44 patients with steroid-induced
diabetes. Patients were able to reduce or eliminate their medication
& blood sugar levels were also reduced. Call Investor Relations
@ 914-701-4545, or write 4 Manhattanville Rd., Purchase, NY 10577.
www.AMBIinc.com [R-7; M-6; L-9]
|
California Micro Devices Corp. (NASDAQ NMS/CAMD -- CS 10/98)
shipped over one billion passive elements to its customers in calendar
year 1998... a 70% increase over 1997. Call IR @ 800-325-4966, fax
408-263-7846, or write 215 Topaz St., Milpitas, CA 95035. E-mail:
kimk@calmicro.com www.calmicro.com [R-7; M-7; L-8]
Empyrean Bioscience, Inc. (formerly Empyrean Diagnostics
-- OTC Bulletin Board/EMDG -- CS 6/98) began distribution of its
PreventX(R) Hand Sanitizer & Antiseptic Skin Protectant earlier
this year. Tests show that this formula suppresses the growth of
the HIV virus in a stable human T-cell line. Call CEO Stephen Hayter
@ 602-879-6935, or write 2238 West Lone Cactus Dr., Suite 200, Phoenix,
AZ 85027. [R-6; M-6; L-7]
Galaxy Foods Company (NASDAQ/GAXCD -- formerly GALX -- CS
7/97) announced distribution to The Ale House chain of restaurants
with 22 stores throughout FL. Once this contract is fully implemented,
GAXCD anticipates revenues in the range of $3.5 million annually.
Call Rebecca Barksdale @ 407-855-5500 Ext. 105, or write 2441 Viscount
Row, Orlando, FL 32809. [R-7; M-6; L-7]
The General Store International Corp. (OTC Bulletin Board/GSIC
-- CS 2/98) secured financing, signed an Internet deal 3/9/99, &
is poised to launch its Point-of-Sale program 6/10/99. If you have
access to the Internet, the text of their news releases and letters
to shareholders are posted on www.genstore.com. Call Kyle Werrier
@ 888-252-8288, or write 999 3rd Ave, Suite 3260, Seattle, WA 98104
-- email: info@genstore.com [R-7; M-7; L-8]
Gentner Communication Corp. (NASDAQ/GTNR -- CS Sneak 2/97)
reported a 168% increase in pre-tax earnings to $967,029 ($0.12/share)
for Q3 ended 3/31/99. Sales were up 38% to $5,819,151, & net income
was up 68% to $606,329 ($0.07/share). Call CFO Susie Strohm @ 800-945-7730
or 801-975-7200, fax 801-977-0087, or write 1825 Research Way, Salt
Lake City, UT 84119. sstrohm@ge-ntner.com www.gentner.com [R-5;
M-6; L-7]
Holt's Cigar Holdings, Inc. (NASDAQ/HOLT -- CS Sneak 12/98)
reported its fifteenth consecutive record with sales of $9.3 million.
Net earnings were $1.3 million vs. $1.0 million for the same period
the previous year. On a comparable share basis, earnings for FY
'98 were $0.18 as compared to $0.22 for '99. Call Mary Ann Pentz,
IR @ 215-676-8778, fax 215-676-0438, or write 12270 Townsend Rd,
Philadelphia, PA 19154. www.holts.com [R-7; M-7; L-8]
IGT Pharma Inc. (Formerly IGT International Growth Technologies
-- VSE/IGT.V -- CS 7/94) announced the award of a Technology BC
industry grant from the Science Council of British Columbia to develop
a novel class of podophyllotoxin analogs in the treatment of various
cancers. Call president Bruce Schmidt @ 800-743-7444 or write 311-2386
East Mall, University of British Columbia, Vancouver, B.C. Canada
V6T 1Z3. [R-5; M-6; L-8]
Infinite Group, Inc. (NASDAQ/IMCI --CS Sneak 5/97) acquired
Osley & Whitney, Inc., a 45-year-old plastic injection moldbuilding
company for $1.5 million, serving such customers as Polaroid, Pitney-Bowes,
Hardigg Industries, & Titleist. It also acquired Materials & Manufacturing
Technologies, Inc., which recently received a patent on its work
in zirconium diboride materials. It also formed Express Pattern,
a new rapid prototyping service provider in Buffalo Grove, IL. Call
CEO Clifford G. Brockmyre @ 401-738-5777; fax 401-738-6180, or write
2364 Post Rd, Warwick, RI 02886. info@infinite-group.com www.infinite-group.com
[R-6; M-6; L-8]
Ladd Furniture, Inc. (NASDAQ/LADF -- CS Sneak 6/97) reported
FY '98 results: Net sales rose 9%; EBITDA improved 22% (highest
since 1989), & gross income increased 14%. Net earnings were $12.3
million or $1.53/diluted share vs. $6.3 million or $0.81/diluted
share for FY '97. Call 800-758-5804 Ext 501325, or write 4620 Grandover
Pkwy., Box 26777, Greensboro, NC 27417-6777. [R-7; M-7; L-7]
...continued on next page, click here
|