Lebed.biz Stock Profiles: December 22nd, 2004: We are profiling TransNet Corp. (TRNT) at $1.60 as a long-term strong buy. TRNT is a single-source provider of information technology (IT) products and technology management services designed to enhance the productivity of the information systems of its customers. TRNT could be a very good value play. It is trading for only 1/4 of sales and for less than book value. TRNT has $3.7 million in cash and only $663,000 in short-term debt. The balance sheet is very strong with shareholder equity of $11.4 million when TRNT's entire market cap is only $7.6 million. TRNT recently reported revenue of $10,693,227 and earnings of $164,400, or $0.03 per share, for the first quarter of fiscal 2005, ended September 30, 2004. This compares to $9,634,231 in revenue and $33,990, or $0.01 per share, in earnings for the same period last year.