===== Monday, November 3 =====
"I just recently joined and took your advice on buying CICI. I bought 10,000 shares at 37 cents on July 1 and sold today for 61 cents; a $2400 profit, my best trade ever! If my math is correct, that's a 65% return in two weeks! Thanks for the tip."
Late last week we reported that MITK’s share price inexplicably surged 45% to a new high of $1.69. Commenting on the two day explosion MITK's Chairman of the Board, John Thornton told PeterLeeds.com…"The only thing we can see that caused this is a release that Wachovia Bank put out where they described a fraud system that they’re bringing on the market to sell to their customers and they’re using our fraud system in their system."
He concluded, "It appears that the market liked that…it tickled their fancy and they responded very positively. We have put out no other release nor do we know of anything else that might have started this activity and this interest."
Well, the interest and excitement has spilled over into a new week of trading. By mid-day today the company's share price had risen 109.6% to $3.27; trouncing Friday's high of $1.69. That represents a three day gain of 217% and a gain of 197% over our initial Hot List price.
MITK is currently trading at $3.14 on 1,700,000 shares.
Digital Angel Corporation, majority owned by ADSX, today announced that it has agreed to appoint Mr. Van Chu, currently CEO of OuterLink Corporation, as its new CEO. As a natural evolution of its traditional animal applications and military GPS business lines, the company will focus on location technology and condition monitoring for a broad array of high-value assets, including people, pets, livestock, fish/wildlife, commercial/private vehicles, military vehicles, commercial/private aircraft, commercial/private watercraft, military watercraft and stationary assets in remote locations.
To fuel this strategic direction, the company signed an agreement on November 2, 2003 to acquire OuterLink Corporation of Concord, MA. OuterLink manufactures and markets a suite of satellite tracking systems, operates a mobile satellite data communications service, and supplies tracking software systems for mapping and messaging.
The OuterLink "CP-2 system" provides real- time automated tracking, wireless data transfer, and two-way messaging with large fleets of vehicles -- including utility trucks, helicopters and fixed- wing aircraft, long haul trucks, service vehicles, short haul trucks, and ships. OuterLink's current customer base includes various branches of the Department of Homeland Security (for example, U.S. Border Patrol and U.S. Customs Service).
Earlier today IGLD reported its unaudited financial results for the third quarter of 2003. Revenues for the quarter ended September 30, 2003, were NIS 44.5 million (US$10 million) compared with NIS 44.1 million (US$9.9 million) for the second quarter of 2003 and NIS 47 million (US$ 10.6 million) for the comparable quarter in 2002.
IGLD's CEO, Eli Holtzman, commented: "During the third quarter, our operating income as well as net income improved while our broadband subscriber base advanced 27% as our market share increased."
"MSN Israel, Internet Gold's partnership with Microsoft, continued its positive operating trend, reporting a 40% increase in revenues and a 28% increase in operating profit for the third quarter," Mr. Holtzman noted. "During the quarter, MSN Israel, leveraging the successful launch of MSN Search in Hebrew, started selling on-line advertising for this new search engine and posted increased revenues from this activity. MSN Israel foresees increased revenues from all on-line advertising activities in the future."
"Gold Mind, our wholly owned subsidiary specializing in Internet value added services, reported a more than 130% increase in its subscriber base and the initiation of revenues from its new Mail Service anti-virus product, which was launched in the previous quarter."
Mr. Holtzman concluded: "As we have stepped forward decisively to increase our share of the highly competitive broadband connectivity market, we are pleased to witness the first signs of price stability in this market segment. Looking forward, we believe an easing of pricing pressure in the broadband market along with our new and highly profitable value-added services will contribute favorably to our profitability in coming quarters."
In early trading IGLD rose 22% to a high of $4.30; the company is currently trading at $4.28 on 193,000 shares.
On Friday FATS reported their fiscal results for the second quarter ended September 30, 2000. Revenue for the second quarter was $12,931,000 versus $17,005,000 for the same period of the previous year. Year-to-date revenues were $28,549,000 versus $30,197,000 for the same period of the previous year.
"While we are disappointed with the results of the second quarter, we expect that the overall results for fiscal 2004 will be positive," stated Ronavan R. Mohling, the company's CEO. "Our business plan for the 2004 fiscal year anticipated a weaker first six months, which we continue to expect to more than recover during the third and fourth quarters."
Mr. Mohling also said, "FATS has the leading technology and customer base in the domestic and international military and law enforcement weapons training simulation markets. Our management team is committed to the extension of our leading position in these markets."
He concluded, "I am pleased to report an exciting new addition to our product lines. Our new line of Bluefire wireless weapons allows more flexibility, options and realism by cutting the cord from weapons simulators. The enthusiasm of impressive numbers of potential customers at recent trade shows indicates a strong and growing domestic and international demand for our existing products as well as the new wireless Bluefire line of weapons."
FATS is currently trading down 4.7% at 40 cents on 21,000 shares.
CNTY climbed higher today to a new 52-week high of $3.24. Over the last two weeks CNTY’s share price has risen 29.6% on the heels of encouraging press releases.
On October 20 the company announced that a judgment had been handed down in Johannesburg, South Africa awarding a casino license to Silverstar Development Limited. CNTY is contracted to Silverstar by a resort management agreement and retains a right of long standing to take up a minority equity interest in the venture. This project is the sixth, and final, casino license that may be awarded for the province under existing legislation.
And on Thursday CNTY announced encouraging financial results for the third quarter ended September 30, 2003. The company reported net operating revenue of $8,278,000 compared to $7,885,000 for the same period in 2002. CNTY also reported earnings from operations of $1,776,000 in the third quarter of 2003, compared to $1,281,000 for the same period a year ago.
Today’s new high also represents an increase of 54% over our initial profile price.
Back on August 19th, ZANE announced record second quarter revenue and net income for the period ended June 30, 2003. In the days following the announcement ZANE’s share price soared 52% to a new high of $3.30. In the weeks following the announcement the company's share price continued to trend higher, hitting a high of $3.70 on September 22.
Over the last two weeks however the company’s share price dipped 36% to a low of $2.26; due mainly to profit taking and the absence of any additional encouraging press releases.
That said, ZANE has bounced back strongly in today’s bullish market, rising 29% to a high of $3.26. The company is currently trading for $3.15 on 3,200 shares.
"I just recently joined and took your advice on buying CICI. I bought 10,000 shares at 37 cents on July 1 and sold today for 61 cents; a $2400 profit, my best trade ever! If my math is correct, that's a 65% return in two weeks! Thanks for the tip."
Late last week we reported that MITK’s share price inexplicably surged 45% to a new high of $1.69. Commenting on the two day explosion MITK's Chairman of the Board, John Thornton told PeterLeeds.com…"The only thing we can see that caused this is a release that Wachovia Bank put out where they described a fraud system that they’re bringing on the market to sell to their customers and they’re using our fraud system in their system."
He concluded, "It appears that the market liked that…it tickled their fancy and they responded very positively. We have put out no other release nor do we know of anything else that might have started this activity and this interest."
Well, the interest and excitement has spilled over into a new week of trading. By mid-day today the company's share price had risen 109.6% to $3.27; trouncing Friday's high of $1.69. That represents a three day gain of 217% and a gain of 197% over our initial Hot List price.
MITK is currently trading at $3.14 on 1,700,000 shares.
Digital Angel Corporation, majority owned by ADSX, today announced that it has agreed to appoint Mr. Van Chu, currently CEO of OuterLink Corporation, as its new CEO. As a natural evolution of its traditional animal applications and military GPS business lines, the company will focus on location technology and condition monitoring for a broad array of high-value assets, including people, pets, livestock, fish/wildlife, commercial/private vehicles, military vehicles, commercial/private aircraft, commercial/private watercraft, military watercraft and stationary assets in remote locations.
To fuel this strategic direction, the company signed an agreement on November 2, 2003 to acquire OuterLink Corporation of Concord, MA. OuterLink manufactures and markets a suite of satellite tracking systems, operates a mobile satellite data communications service, and supplies tracking software systems for mapping and messaging.
The OuterLink "CP-2 system" provides real- time automated tracking, wireless data transfer, and two-way messaging with large fleets of vehicles -- including utility trucks, helicopters and fixed- wing aircraft, long haul trucks, service vehicles, short haul trucks, and ships. OuterLink's current customer base includes various branches of the Department of Homeland Security (for example, U.S. Border Patrol and U.S. Customs Service).
Earlier today IGLD reported its unaudited financial results for the third quarter of 2003. Revenues for the quarter ended September 30, 2003, were NIS 44.5 million (US$10 million) compared with NIS 44.1 million (US$9.9 million) for the second quarter of 2003 and NIS 47 million (US$ 10.6 million) for the comparable quarter in 2002.
IGLD's CEO, Eli Holtzman, commented: "During the third quarter, our operating income as well as net income improved while our broadband subscriber base advanced 27% as our market share increased."
"MSN Israel, Internet Gold's partnership with Microsoft, continued its positive operating trend, reporting a 40% increase in revenues and a 28% increase in operating profit for the third quarter," Mr. Holtzman noted. "During the quarter, MSN Israel, leveraging the successful launch of MSN Search in Hebrew, started selling on-line advertising for this new search engine and posted increased revenues from this activity. MSN Israel foresees increased revenues from all on-line advertising activities in the future."
"Gold Mind, our wholly owned subsidiary specializing in Internet value added services, reported a more than 130% increase in its subscriber base and the initiation of revenues from its new Mail Service anti-virus product, which was launched in the previous quarter."
Mr. Holtzman concluded: "As we have stepped forward decisively to increase our share of the highly competitive broadband connectivity market, we are pleased to witness the first signs of price stability in this market segment. Looking forward, we believe an easing of pricing pressure in the broadband market along with our new and highly profitable value-added services will contribute favorably to our profitability in coming quarters."
In early trading IGLD rose 22% to a high of $4.30; the company is currently trading at $4.28 on 193,000 shares.
On Friday FATS reported their fiscal results for the second quarter ended September 30, 2000. Revenue for the second quarter was $12,931,000 versus $17,005,000 for the same period of the previous year. Year-to-date revenues were $28,549,000 versus $30,197,000 for the same period of the previous year.
"While we are disappointed with the results of the second quarter, we expect that the overall results for fiscal 2004 will be positive," stated Ronavan R. Mohling, the company's CEO. "Our business plan for the 2004 fiscal year anticipated a weaker first six months, which we continue to expect to more than recover during the third and fourth quarters."
Mr. Mohling also said, "FATS has the leading technology and customer base in the domestic and international military and law enforcement weapons training simulation markets. Our management team is committed to the extension of our leading position in these markets."
He concluded, "I am pleased to report an exciting new addition to our product lines. Our new line of Bluefire wireless weapons allows more flexibility, options and realism by cutting the cord from weapons simulators. The enthusiasm of impressive numbers of potential customers at recent trade shows indicates a strong and growing domestic and international demand for our existing products as well as the new wireless Bluefire line of weapons."
FATS is currently trading down 4.7% at 40 cents on 21,000 shares.
CNTY climbed higher today to a new 52-week high of $3.24. Over the last two weeks CNTY’s share price has risen 29.6% on the heels of encouraging press releases.
On October 20 the company announced that a judgment had been handed down in Johannesburg, South Africa awarding a casino license to Silverstar Development Limited. CNTY is contracted to Silverstar by a resort management agreement and retains a right of long standing to take up a minority equity interest in the venture. This project is the sixth, and final, casino license that may be awarded for the province under existing legislation.
And on Thursday CNTY announced encouraging financial results for the third quarter ended September 30, 2003. The company reported net operating revenue of $8,278,000 compared to $7,885,000 for the same period in 2002. CNTY also reported earnings from operations of $1,776,000 in the third quarter of 2003, compared to $1,281,000 for the same period a year ago.
Today’s new high also represents an increase of 54% over our initial profile price.
Back on August 19th, ZANE announced record second quarter revenue and net income for the period ended June 30, 2003. In the days following the announcement ZANE’s share price soared 52% to a new high of $3.30. In the weeks following the announcement the company's share price continued to trend higher, hitting a high of $3.70 on September 22.
Over the last two weeks however the company’s share price dipped 36% to a low of $2.26; due mainly to profit taking and the absence of any additional encouraging press releases.
That said, ZANE has bounced back strongly in today’s bullish market, rising 29% to a high of $3.26. The company is currently trading for $3.15 on 3,200 shares.