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Topic: CPAK - great earnings just out, low float

Stefan
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Back at the end of May, CPAK projected Q4 earnings of .14 to .18 cents. The PR is here: http://biz.yahoo.com/iw/060525/0131491.html

Earnings of 22 cents were just announced, way better than expected. The PR is here: http://biz.yahoo.com/iw/060622/0138519.html

With a low float of 4.3m shares, this could get some major momo tomorrow.

Good luck!

EICESTER, NY--(MARKET WIRE)--Jun 22, 2006 -- CPAC, Inc. (NasdaqNM:CPAK - News) today reported consolidated net income in the fourth quarter of FY '06 ended March 31, 2006 of $1.1 million or $0.22 per diluted share, versus a net loss of ($4.0 million) or ($0.81) per diluted share in last year's fourth quarter, resulting in a complete return to profitability for the full fiscal year. Last year's Q4 results included ($0.75) per diluted share in one-time, non-cash items as previously disclosed.

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