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Author Topic: Purl: BLLI CYRO DFNS EYDY GAXI HEC HUSA IDIB KPCG MCZ PTSC
blue_in_MI
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APES would have been a good buy at .51 i suppose, bounced, but - now i am finally having a chance to read their 10K:

http://www.sec.gov/Archives/edgar/data/1085545/000090901205000301/t301734.txt

quite the greedy little guy, this Philip Luizzo. directly from the filing above, he got paid $300K base, $125K bonus, plus $928 a month for a car! $928 a month, that is not too shabby, i bet you could lease a mighty nice car for that.

well guess what, Philip, Mr. $928 a month car allowance bigshot: I no longer want to buy stock in your little company, mainly due to the fact that you are one greedy man. you took nearly exactly half of the profits (both the company, and Luizzo, made right around $328K for the year). your greed makes me wonder if you care more about yourself, or the company. ironically, if you would have not been so greedy, and allowed the company to show perhaps a $100K profit increase over last year, your stock wouldn't have tanked so badly yesterday. I see you own about 2M shares of stock, so - yesterday's tank-job probably cost you more in your stock value, than you gouged out of the company by your ridiculous bonus. perhaps you can contemplate on that as you drive around in your $928 a month car, courtesy of the company's stockholders. If you're an executive for say GE, a $125K bonus is one thing. but for a teeny OTC company? pfft. I no longer want to be a stockholder in your company, pay for your own damn car, buddy.

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blue_in_MI
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really a pretty impressive Q for NWD released recently, surprised they didn't at least move up to upper-.80's. although it's traditionally their best Q, they still had quite a nice Q4 - impressive growth in both profits and revs if you look at the last 4 Q's financials.

it doesn't make me feel all that bad to see APES continued crash today.

ETLT showing minor signs of life, 10K this week will be interesting.

OISI, i don't see any bad news, but suddenly the floor on the bid dropped out to an absurd .65 - what am i missing?! just released a nice 10K.

BIPH continues to amaze, reminds me a bit of ALMI during it's run. not just because of the nano aspect, just the amazing buying pressure behind it. a little too scary for me to dip into, but - wouldn't surprise me at all to see it break $4 within a few weeks.

a few others am looking into lately that initially look appealing - GMAI, MIG, RTWI. anyone with thoughts on these?

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blue_in_MI
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CLSI, ALMI, CYDS, IDIB all looking pretty bullish the last few days. i suspect i won't get a fill on the last 30% of the CLSI i wanted, was too cheap - oh well.

trying to get cheap OISI and RIMS today, also watching WTEK and hoping for a dip into the mid-upper .40's for a buy, and the same for CPTC in the 2.20's and EYDT at .24, we'll see

NMKT showing a bit of stubborness resisting it's usual pattern of slowly decaying back into the .40's, still half-in for now and watching.

PDGE still skittish heading into earnings, am holding

RVNM just a few ticks away from it's final destination of .0001, won't be long now

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blue_in_MI
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oops, make that EYDY at .24, dipped to .22x.33 spread
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Purl Gurl
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RVNM is an absolute joke! They have run out of
room for more reverse splits; they have had it.
Looks darling daughter Gina will be standing
forever in an unemployment line with her parents
having run out of scams.

Yes, EYDY is acting funny, as usual. I am trying
to accumulate at .25 per share. They are a good
company with a good financial history but lack
in volume. They are undervalued. It is low volume
which concerns me about EYDY. Not sure why it is
not more active.

CLSI, certainly acting bullish.

IDIB, working on .35 to .36 per share.

"Slim Pickins" a favorite actor of mine from long
back, his name is appropriate for this year's
market conditions.

Purl Gurl

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Purl Gurl
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Blue, place MKRS on your watch list. Not sure
where they are headed but they released a good
financial report today. Lot of volume but not
much increase in share price.

I have not bought any shares but am tempted.

Keep an eye on MKRS and see what you think.

Purl Gurl

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snowfamily1
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Hi Everyone,

I am pretty new to the board and trading in general. I have studied the different technical analysis tools available and have done well analyzing stocks, once identified. My question for all of you is what software or method do you use to identify your stocks. There are so many stocks available and it would take hours just look at them. Thanks for your time.

--------------------
Snowman

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Purl Gurl
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Snow Family,

"There are so many stocks available and it would
take hours just look at them."

You answered your own question.

There is NO software which will "pick" winner
stocks for you. Your best software is your brain.

Jim Cramer, this morning, said it takes about two
years to become good at stock investment. You are
the software you need, along with spending eight
to twelve hours a day researching stocks.

Purl Gurl

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snowfamily1
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I guessed as much. What method do you use to narrow your search (P/E, Voliatility, 52 Low, Etc)?

--------------------
Snowman

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Purl Gurl
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Snow Family asks,

"What method do you use to narrow your search....?"

Best answer, "Good common sense."

There is no single method which is good. Use every
method known, and then some. This "then some" is
knowing a little bit about everything, such as
knowing what is going on worldwide at any given
moment; Venezula, what effect on oil price?

Seems odd, but investor age plays an important
part. Older people, generally, are more in touch
with the world and people. Older people have a
history and can better predict "things" going
on locally and out in the world. Older people
have experience; they are not easily fooled.

People here will tell you my emphasis is on basic
fundamentals, and on plays lasting one to three
months, sometimes more.

It is pretty hard to go wrong with a company which
has a good history of profits, yes?

Get to know the world, get to know all peoples
around the world. Then you will be better prepared
to predict where the money will travel.

Purl Gurl

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Purl Gurl
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I wrote,

"...where the money travels."

Is not that what stock investment is all about?

Profit is simply providing a product a lot of
people want, profit is predicting where the
money will flow next. Profit is predicting
into which sector will money flow next.

Money use to flow into the internet and computers.
Money then flowed into oil but is drying up.

So, where will money flow next?

It is all the same money, simply changing flow
direction depending on "people's perception."

Jim Cramer, again this morning, said,

"You have to take your money off the table. If
you don't, you are not doing anything."

Otherwords, move your money around with the flow;
go with the flow.

Purl Gurl

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snowfamily1
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Do you have any good "sources" for acquiring this information. I have four kids and I am a graduate student, meaning I don't have the available time to sort through the "mountains" of information available, not all of userful either.

I understand that there is no magic location for stock picks or everyone and their brother would be making money hand over fist. I was just looking for your method, since you come across as being very knowledgable.

Thanks for your comments.

--------------------
Snowman

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Purl Gurl
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Snow Family writes,

"I have four kids and I am a graduate student,
meaning I don't have the available time to sort
through the "mountains" of information available,
not all of userful either."

You should not be taking risks. Secure a good future
for your kids, before all else. Keep your money in
your pocket. Protect your children, always.

If you must, read all articles by Blue In Mi who
has a family and limited time. He is quite the
conservative stock guru. He does very well at
finding safe prudent gambles.

Safest bet is a mutual fund or hedge fund with
a broker with a GOOD REPUTATION.

Best bet, real estate.

Read Blue's articles, seriously.

Purl Gurl

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snowfamily1
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I am also doing the conservative method. I have set aside some money to use for growth funds.

--------------------
Snowman

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Purl Gurl
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Snow, follow these links and read,

http://finance.yahoo.com/

http://news.google.com/news?ned=us&topic=b

You should read those pages at least twice a day.
Doing so will provide you with an advantage all
investors need and should have; information.

Don't be foolish, arm yourself with as much
knowledge as you can.

Purl Gurl

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blue_in_MI
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snow - some good advice from Purl! with the exception of course is that you likely would be better off not listening to my meandering gibberish. i would counter by saying that you should read through Purl's posts from the last year, one can learn a lot. i have many of them saved into various files that i refer to frequently, here is one of her writings from maybe a year ago that's pertinent to your question (hope you don't mind if i "reprint" without requesting first, PG):

----

1)Searching for a stock

I visit every stock message board I can find,
then jot down all stock picks listed for
later research. Out of one-hundred stocks
mentioned on stock message boards, I usually
find one or two worthy of investment.

2)Selecting a stock

Fundamentals first, volume second. Technicals
for entry and exit points.

3)Watching a stock

SEC filings first, company news second,
technicals third and stock message board
comments last.

4)Buying a stock

Potential based on fundamentals. I look for
companies with improving finances, or good
finances and which are undervalued.

I never invest in pumped or bandwagon stocks.

5)Selling a stock

This is based on estimation of financial
condition to share value ratio. When share
value reaches a point which is in keeping
with financial condition, time to sell.

----

i would agree with just about all of the above.

of course, some decisions on what to look for depend on your investment "style", ie - PG and i are both relatively conservative and value-seeking.

i'd add to PG's quotes above that i like to use various stock screeners. they are useful for searching for stocks such as: trading under book, or revs rising rapidly, or P/E under 10, or - whatever you want to look for. lots of times when you look into the stocks further they disappoint for another reason (ie they might be under book, but the book value isn't realistic because it's 40% in goodwill). but - i still find screeners a useful starting point for generating ideas, just as is for example scanning message boards. you have to wade through some junk at times, but - there are a lot of good posters here at allstocks - PG, glassman, keithsan, osubucks, and several others, that generate several interesting ideas worth looking into to see if you also like them.

good luck! ah i remember my grad school days, were fun (if tough, not to mention with 4 kids, wow!). just make sure not to cheese off any prof on your prelim committee! i made that mistake when i was in grad school in ann arbor years ago. was a TA for an Astro 101 class where the prof taught creationism to the class, rather than big bang and other scientific theories. i was horrified! in the TA sections, told my students that i thought every word the prof said re: creationism was wrong, that clearly the universe was not only 4 million years old and all that other stuff. students got all atitter, i got dragged in front of the department chair and an independent counsel for not backing down, was a real mess. the prof made my life a living hell during the 4-hr oral exams as payback, ouch! was worth it though if you ask me, heh.

i'm amazed you can find time to do *any* stock research, being in grad school, and with 4 kids. wow!

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glassman
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you are lucky the prof only had the exams to work you over on....if you did that with you're advising professor/PI? you might end up actually having to fight just to get published...
or worse, you're PI might refuse to have his/her name associated with your paper even when it does get published....

--------------------
Don't envy the happiness of those who live in a fool's paradise.

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blue_in_MI
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Purl - very interesting, this MKRS, looked into a bit. wish i saw your post earlier, quite a jump today on the PR. i suspect will have a few lulls in the future though to perhaps buy in cheaper. looks very interesting, checked out their website a bit; will research further this week. certainly they look to be at that juncture of "turning from red ink to black" i know you like to look for, as well as having good growth potential (and some measure of safety, due to their large backlog).

RVNM - time to liquidate all the cuddlebugs!!!! heh, too funny. too bad you can't short an OTC stock, would have shorted that and OCRI and a bunch of other turkeys and been rich by now.

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blue_in_MI
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some of these dumpoffs yesterday, have trouble understanding.

why would someone sell RIMS at .67, or OISI at .72, or TMFZ at 2.60, as happened yesterday? giving up and dumping at those points strikes me as odd - is saying none of those companies are worth 5-6 times last year's earnings, despite their good balance sheets. especially OISI is strange - why would anyone dump at .67 on a .67x1.15 spread? eh i dunno, maybe i'm just too stubborn. i refuse to sell my small positions in RIMS and TMFZ at these cheap prices, and if someone wants to sell their OISI at the bid on a huge spread, i'm a buyer. PDGE, don't understand either why people gave up and sold at 1.33. maybe i'll regret my stubborness in the end, but - eh, we'll see.

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blue_in_MI
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MKRS, maybe will drop back to the teens, can't decide which way it wants to go.

bought a little ITEX at .33 today, looks cheap at that price to me. am being "cheap" with CXTI, just missed it at .91.

ok, back to my ham+cheese. out of mayo, just that lowfat stuff, yech!!! drats

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blue_in_MI
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added a little NXG at 1.37. as boring as they come, but - they've had a lot of pretty good news lately, had a good last year. also like the chart, would be surprised if fell through 1.30. chances look good to me that it'll go up 15% from 1.37 before it goes down 15%. i believe they are trading at the lowest multiple of any copper/gold producer out there, P/E under 9.
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blue_in_MI
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CXTI, so typical - they release guidance of $2.5M profits this Q, and - they spike a bit, then promptly close below the open. just plain broken, how many companies can you find with revs and profits rising this quickly Q over Q?

http://finance.yahoo.com/q/is?s=CXTI.OB

but - they just won't move. will always be a buyer at .91 and a seller at 1.05, but for whatever reason, unless it "pulls an EZEN" and slumbers for along time and finally awakens, then no sense going long on it. be it justified or not, people just don't seem to trust chinese stocks.

MKRS sat at .20x.24 for awhile but of course my bid at .21 never got filled and it closed at .30, heh. still, i like the odds to buy it at .23 over the next month or two, we'll see.

HOM edged up a bit on guidance of .14-.18 '05 EPS, we'll see if can hold it.

OISI +40% bounce today.

VFIN not looking pretty, have a little and would add a little more at .27-.28.

WIRX just missed my 2.65 order a few days ago, *sigh*

BOGN is the only pink i own, but might add another block if can get at 4.50.

watching ADGO, thought it might dip to low-1.30's but seems to be finding some support around 1.40. anyone know anything about adams clubs? i like golf but, uh, i use 20-year old ones with duct tape to hold the heads on.

Queen Bee, i see your KPCG was busy today! noted without comment, a quote from their PR today:

"Through an integrated marketing program, KPC will increase awareness, distribution and sales of Zestra(TM), QualiLife Pharmaceuticals' non-prescription "Feminine Arousal Fluid" ".

http://biz.yahoo.com/bw/050406/65511.html?.v=1

it is of course tempting to quip a bit here, but - much like how i know better than to try to irritate my wife, i will pass. my wife refers to it as "putting your head in the tiger's mouth", when she is irked already and i quip or prod a bit too much. far be it from me.

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blue_in_MI
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RVNM, only 2 ticks left.

i bet the unfortunate people who "invested" in RVNM at $15 (!!!) in 2001 are not too thrilled about Gina D and Mr. Pockets.

http://finance.yahoo.com/q/bc?s=RVNM.OB&t=5y&l=on&z=m&q=l&c=

a $15,000 investment now worth exactly: thirty cents. ouch!!! ok, that neglects splits, so maybe call it: $3, instead of 30 cents. far be it from me to "put my head in the tigers mouth" and upset the fine management of RVNM with a misstatement of facts.

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blue_in_MI
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RVNM, could have doubled your money in a day: bought at .0002 yesterday, sold at .0004 today. see, i told all you people you should buy RVNM! heh. i am almost tempted to buy $100 worth at .0001, just in the hopes could dump at .0002 and then forever annoy you that i doubled my $ with the fine stock that is RVNM, PG; heh heh heh

pretty slim pickens today, mainly watching NXG, VFIN and EDV.TO, all look pretty cheap to me.

nice day for CTON, relatively large volume. am going to hold awhile and see where it goes.

MKRS dipping a bit, would add a little at .25.

no one will sell me ATVE at .12 anymore, drats.

GMAI a little bottoming action, surprised dumped below 9.50.

JMIH asleep. fine with me, i can be patient.

MDF watching, would add at 2.05 or so

WEGI took off a bit today before i could get in for a little, oh well. high-risk though, but interesting.

i probably own too many stocks in too small amounts, but - can't help it, i like "collecting" and i like the risk mitigation that diversification offers, what can i say. i look at it as almost an 'index fund' of little companies that i like and seem like good risk/reward ratios to me

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blue_in_MI
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this week seems like the "10K waiting game" - several am in or following closely are either late already or almost due: ETLT, NMKT, ATVE, RIMS, HQSM, PDGE, etc.. some lateness attributed to legitimate company restructuring/acquisitions and/or new Sarbanes-O regulations, so not particularly worried, but - let's get these 10Ks in!!

PDGE should be interesting - should be a good Q, but now they're taxed.

ETLT should be good, but - comparisons to previous year should not be great, due to larger number of shares issued to purchase e-sea (and no e-sea profits yet on the books). while i hate dilution, in the case of e-sea, strikes me as worth it. we'll see

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Purl Gurl
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Blue, some which have my attention the past few days,

CYDS
CYRO
DFNS
EENT (appears headed up on high fuel prices)

APES (NO VOLUME)

Your VFIN remains of high interest.

EAG, red ink with high losses, is dipping down
in anticipation of a Monday 10-Q release. I do
NOT expect a good 10-Q but might be surprised.
Nonetheless, this one "might" be good for a
one or two day swing trade if share drops really
low on Monday / Tuesday. Lot of risks here and
you will have to get in and get out very fast,
most likely in / out in a single day.

Purl Gurl

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Purl Gurl
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Blue, I need to add IESV stock.

Each morning, I place a day limit order at .09 per.

I expect IESV to dip to .085 - .09 maybe next week.

Next good news, should bump it up to .12 - .14 for
a week or two.

IESV is a black ink profitable company representing
a low risk investment for this bad financial year.
They have a core engineering group which does well.

Purl Gurl

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blue_in_MI
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CYDS, am watching with much chagrin - i only ever got 2k shares awhile back, after i brought it up in this thread. i was too cheap with my limit buy price i guess, seemed like there was no hurry because it flatlined all year long. *sigh*. same thing happened with NPTI, and GACF the last few weeks - thought i get cheaper but they ran, oh well.

CYRO, have been watching too, looking for signs of bottoming. seems like a pretty good risk/reward curve to me from here, looks to be stabilizing a bit.

DFNS, EENT, will look into these over the weekend. EAG, same.

IAIC, watching - bid dropped to .42, i'd buy a little if could get for .42.

APES, maybe i am being quirky or strange, but - their last PR bugged me, it's off my interest list. i admit it might be oversold now, but - eh i dunno, i don't see why the CEO of such a small company deserves close to half a million a year in compensation. i don't see any reason to believe he won't simply vacuum the bulk of the profits out of the company again, like he did this year.

heh, you know you don't need to mention IESV to me PG! have been sitting at .095 all week

NMKT, still holding half, and will continue to hold long. i just think it's going to hit $1 again sometime, though might be 3 months, might be 2 years. might jump in for the other half for swing trades, just watching for now.

VFIN am tempted to add another half at .26, but - will watch awhile, shows no sign of bouncing yet. surprised dipped this low. NXG - same thing, can't believe it's this low.

sat on .25 all day for MKRS, no fill though; guess i picked the wrong block size

AOBO limit sell finally triggered today. maybe i'm wrong, but - my bet - they will slowly drop back down.

TMED, sitting at .58 for awhile and close but - still no fill. strikes me that risk outweights reward from .58; looking at the chart, a pretty stable bottom for awhile now.

tempted by UMCI at .05, but - i dunno, can't quite pull the trigger; but would go in at .04.

HOM, still hold a little core, and raised my limit buy price for swing-trades to 1.55. don't think their guidance and 10k were enough to propel them up for good, but - i think it was enough that i feel comfortable moving my limit for swing trades up a bit.

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am i the only one chicken enough that does this? in a lot of my threads, i talk about "halves" - not only do i probably overdiversify, but i also tend to buy only half of what i want at a time. it it keeps dropping, i buy the other half. if it keeps going, sometimes i buy the other half, sometimes i just let the first half go. dunno if it's good or bad, probably bad, but - guess i'm a chicken and a hedger at heart. ALMI was kind of usual last year, broke my diversification rule and went in for eight halves, heh

my wife's 401k switched over to fidelity recently and i was filling out the percentage allowances for each fund, and - same thing, i came up with the first list and it was spread between 18 funds. that is probabably way too many, i really struggled to bring it down to 14, which is probably still way too many.

i guess i'm kind of a chicken, half-at-a-time buying, overdiversifying hedger at heart!

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Purl, am reading through this CYRO 10K early this saturday am, before my kids wake up:

http://www.sec.gov/Archives/edgar/data/20232/000002023205000021/k20041.htm

a few things that strike me, in no particular order:

* they are bigger than i realized - 92 employees in a 47,000 sq foot building. that is a pretty big building!

* finances a little complex - some debenture retirements, some restructing

* nice customer list - most of the "big boys" like the major networks, looks like expanding somewhat overseas

* they talk about if networks would switch over to a digital format faster (ie HD), it would help them, but - am not quite sure how. from the 10K:

"The transition from analog to digital signals in the video and audio world has created a range of additional means to deliver video and audio content to the consumer, as well as innovations in storage and management of video and audio assets."

"Conversion to a digital standard in the U.S., and similar standards internationally, will produce an opportunity to appropriately positioned companies involved in the broadcast industry and related business; however, this change has caused uncertainty, hesitation and indecision for broadcasters and other customers in their decisions on capital spending. The delay in capital spending by broadcasters has affected the level of our sales. The method and timing of broadcasters' conversion to digital television is very important to our future operating results."

* dilution doesn't seem to be a concern, only about 2% dilution a year, historically

* looks like they tried to focus on their debts last year: took about $4M in assets to retire debt

* i like their high margin, but costs have definitely eaten into their profit - earned about .01 a share last year. SG+A up about 24% over last year. .01 a share profit is not huge, but - definitely a turnaround from previous years

* i like that they've migrated from a proprietary closed system to an open windows-based structure with OTS components, should help costs in the future, one would think

* looks like they are trying to expand their product line, though remains to be seen how successful:

- "Chyron has recently entered the digital signage market with its ChyTV display system, catering to a non-broadcast market segment. Our entrance into this niche is based on research results indicating that there is an increasing market for these products among customers such as hospitals and medical offices, educational institutions, government facilities, independent and franchised restaurants/sports bars, car dealerships, etc."

anyway - an interesting company. they definitely seem to fall in that range i know you like, of seemingly transitioning from red to black ink. still fairly high P/E based on .01/sh profit last year, but - 2005 should be interesting for them.

some questions/concerns i have about them are:

* in general, because Peter Lynch is my "other" mentor, i'm somewhat generally initially averse to buying technology companies. i usually prefer to buy the companies that benefit *from technology* and cheaper and more powerful pc's, because margins always seem to shrink in the technology field, as competitors come in. but - in this case, CYRO does seem to have an "edge" on competitors.

* i wonder about their market and growth prospects. it would seem like networks are their main customers, and many of the big studios like that do the "abc evening news" national edition likely already have CYRO products. i assume they are expecting future growth to come from smaller networks, ie hoping the local detroit ABC affiliate here might buy some of their products? in looking at their website, looks like their "Duet" system was widely used in big events like the super bowl etc., but - would a relatively small affiliate like, say, ABC in lansing, be interested in the duet? or is that just for the "big" stuff like the super bowl and ncaa tourney (in which case there would be limited market)? how much does a duet cost, might answer some of this question.

anyway, i guardedly like CYRO, but - admit i have some concerns about them, i might hold off a bit more and research some more. but - maybe you can convince me otherwise, what have i overlooked, what main things did you like about them, Purl?

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this has nothing to do with penny stocks, but - will blab on about it anyway.

it is surprising and disappointing to me that many people i know fail to contribute to their 401k at work. just yesterday, a young guy i know at work was filling out paperwork for the new 401k plan (the company where i work was just bought out by a larger company, so we had to switch plans), and was going to skip the 401k plan. i blocked the entrance to his office and told him that i would not move until he *at least* contributed enough to get the company match.

same thing, just last weekend i had a buddy of mine over to watch the final 4 games and for a few beers, and he was contemplating how long to stay at his current job and i asked him about the benefits. he admitted he wasn't invested in the 401k plan. this buddy is not that well off at all, i generally foot the bill for him 3 or 4 football saturdays in the fall down in ann arbor at michigan stadium. i told him that unless he signed up for his 401k plan at work to *at least* get the free company match, i wasn't going to take him to any UofM games this fall with my 4 season tix. which got his attention big-time, fall football saturdays in ann arbor are not something one wants to miss: not just the games, but tailgating from 8am-8pm with brats on the grill and beer and pancakes for breakfast and friends tossing the football all day and watching the other games on our portable satellite tv setup is a lot of fun. i trust he will sign up for the 401k, he looked extremely worried when i warned of revoking his fall saturday priveleges.

my neighbor, she is a single lady pushing 70, i heard her drive out at 6am today. we chat frequently, and one time of her own accord she expressed to me "make sure you save for retirement. i wish i had, otherwise i wouldn't be getting up at 5am on weekends to go to work and working 7 days a week".

most galling, was at the local hiller's market here in plymouth last week, and some poor 65-ish guy was pushing around shopping carts with a big yellow vest that said on the back "junior customer assistant". it really pissed me off to see that, wanted to go tell the manager that it wasn't right to make some poor 65-year old guy wear such a stupid vest, but i had both kids with me at the time and didn't want to make a scene, and i suppose it wasn't my place to comment on that anyway. i imagine the poor guy in the vest wishes he would have saved more for retirement, when he was younger.

anyway, i am not a preachy person, but in this case i will make an exception. any of you young people out there reading this: *make sure to save for your retirement!* any funds for penny stocks should come *after* you have already made your 401k or ira contributions! i am *hardly* rich, heck - people who read my posts know that i drive an '89 car and use a set of crummy golf clubs held together with duct tape, and i even clip grocery coupons. but - i still make sure to save for retirement, everyone should; income level is irrelevant.

sorry, end of sermon, i will shut up about this now.

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DFNS is interesting. fairly mild profits, ok balance sheet, a few new orders PR'ed for $2.2M, which is roughly 2-3 months of revenue for them. not sure if the new orders are an "unusual" event, or - typical orders for them.
obviously a big key is that they just acquired owen mills. tried to research owen mills, to see if the acquisition would be accretive to earnings, but - can't find much info on the company. found their website (could use some updating with better pictures and info, has a bit of a late-90's feel) - but couldn't come up with much company info in my googling. were they previously a private company? the DFNS webpage talks about buying all their oustanding stock, but - i can't find their symbol. huh - am i just being dense because it's early and i'm only on my first cup of coffee? anything in particular strike you about DFNS, Purl?

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NRCNA - northland cranberry - is very interesting but - i admit i am really struggling to try to understand them. just so complicated, between the ocean spray deal and the apple and eve deal.

it's clear that they are selling off chunks of the company. honestly though, i can't tell just how much of the company, and if they are getting a good or a bad deal.

selling "branded juice business" for 10.8 million (which is about 1/3 of their market cap, btw) -

http://biz.yahoo.com/prnews/050222/cgtu027_1.html

but still selling concentrate.

then again, they sold a lot to ocean spray already

(source: http://biz.yahoo.com/e/050329/nrcna.ob8-k.html:)

"On September 23, 2004, Northland Cranberries, Inc., a Wisconsin corporation (the "Company"), entered into agreements with Ocean Spray Cranberries, Inc. ("Ocean Spray") pursuant to which the Company sold its processing plant, storage facility and certain offices located in Wisconsin Rapids, Wisconsin to Ocean Spray."

strikes me that this a real case of "market inefficiency", probably the market is mighty confused about how to properly price NRCNA. however, i have no idea either!! could be either greatly underpriced or greatly overpriced. is northland mostly just an empty shell now, or will be they relatively cash-rich now and still pulling in profits? can't tell yet, will keep reading. if anyone has any insights, by all means...clue me in here

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PDGE, very nice 10K today. .18 profit on the year, with 6-9 months of built-up backlog. sold 1/3 at 1.67, holding the other 2/3 long though. only reason i sold any was - am trying to raise yet more cash in case ALMI keeps dipping to the low .90's.

thank you to whoever sold me my other half of TMFZ back at 2.50 today.

also couldn't resist taking a small position in WLDA today

RTWI looks appealing to me - 55M market cap, 40M in cash on the books. income tax 1-time benefit in the last Q knocked P/E out of whack, but - still think it will be 10-15 range.

these ALMI dips to low-.90's, very interesting. i am thinking i need to do a rollover of a 401k from a few jobs back that i still have, where i only worked a few years there: want to have some more funds to take advantage of these dips. will leave most of my 401k in "regular" funds, but - really makes me want to put a fair amount in, when i see ALMI dipping like this

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"bargain-hunting day" - seeing a lot more red than green in my watchlist. so far added IESV at .092 and a little ALMI at .95, and bought my 1/3 of PDGE back at 1.50.

also sitting on the bid for NWD at .78, ATVE at .125, and more ALMI at .92.

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