Feb
16
Sorting out MFIC’s recent revenue annoucement
February 16, 2007 | 2 Comments
A few days ago I mentioned that MFIC.OB had pre-announced revenues, and that these revenues constituted a significant break from the past by showing strong growth. Specifically, they announced fourth-quarter revenues of $5 million, a 69% increase over 2005, and $15 million for FY2006, which represents a 35% increase. At the time, I was interested in knowing if this announcement was a “watershed” event for the company, and whether this news made MFIC an attractive investment. Well, I finished reviewing […]
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Feb
12
Daily Market Wrap
February 12, 2007 | Leave a Comment
Obviously, today was an outstanding day for my portfolio. In fact, the recent performance of my picks has been pretty amazing, and has exceeded even my high expectations. So at this point, it is probably best to take a quick moment to remind everyone that the stock market is not always as kind as it has been in the past four weeks. While I have every intention of continuing to outperform the market, even I recognize that the 20% gain […]
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