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Couldn't agree more. The first 2 quarters have been good, but the street has been late to get on board. The company's EPS growth should continue to strengthen throughout the year, and expand rapidly in 99. This is a tremendous buying opportunity.
Third quarter results are out and the EPS figure appears to be about 75% above expectations. The company is on target to blow away Year end 98 projected EPS and come close to eclipsing 99 projections. It will be interesting to see how the street responds to this report. The stock is currently trading at close to 25% below book value and the PE ratio is dropping like a stone. Should be a good day.
ULTK did 15 cents a shr in the Sept qtr and trades at $8. Silent Witness did 17 cents a shr in July ending qtr and trades at $6. SWE is growing at 60% and has no debt and cash of $4.3 million. I know which one is the better buy and I've said it for a long time.