3SOF

DWCH is up again in pre-market today.

Analysts expect DWCH to post 6c per share on Nov. 17 on record revenues. Last year it reported 5c/share.DWCH is a profitable low-float (2.4M float), 4.5M cash, no debt, software company that provides Sarbanes Oxley and other hot software solutions.

DWCH has a history of running big into earnings and has gapped a buck or more in the past after earnings.  Last quarter Datawatch reached $5.48 up from $3.88 after 3Q 2005 earnings were announced on July 25.


Datawatch develops a full suite of software products widely used in the Accounting, Compliance (Sarbanes_Oxley), Goverment, and Healthcare industries.

http://stockcharts.com/gallery/?dwch

NVAX appears to be on life support right now. GNBT, another flu bird stock, collpased big time today. NVAX is a better investment though. GNBT is just a garbage Pump and Dump in my opinion.

SMTX traded at $2.18 after hours (after a bullish CC). Should bounce tomorrow. Any guesses how much of a bounce we should expect tomorrow?

SMTX is now fairly valued at $3. Overraction caused major dip. Will bounce soon once results are digested.

SMTC Reports Third Quarter Results
Monday November 14, 8:35 am ET 

Reports Consecutive Growth in Revenue and Profitability
Nasdaq: SMTX Toronto Stock Exchange: SMX


TORONTO, Nov. 14 /PRNewswire-FirstCall/ - SMTC Corporation(1) (Nasdaq: SMTX, TSE: SMX), a global electronics manufacturing services provider, today reported revenue of $64.6 million and net income of $0.8 million, or $0.05 per share, for the third quarter ended October 2, 2005. This compares with revenue of $57.0 million and a net income of $0.3 million, or $0.02 per share, for the previous quarter and revenue of $60.8 million and net income of $2.9 million, or $0.20 per share, for the quarter ended October 3, 2004. Net earnings for the third quarter of 2004 included a net recovery of restructuring charges of $2.5 million ($1.8 million of the net recovery is included in cost of sales), or $0.02 per share. Revenue increased quarter over quarter by 13%, or approximately $7.6 million and increased 6% or $3.8 million from the same period last year. Net income more than doubled from the previous quarter.
 



Gross profit for the third quarter of 2005 was $5.5 million, or 8.5% of revenue, compared with $4.8 million, or 8.4% of revenue, for the previous quarter and $7.3 million, or 12.1% of revenue, for the third quarter of 2004. Gross profit for the third quarter of 2004 includes a recovery of a previously recorded restructuring charge of $1.8 million, or 3% of revenue.

The Company generated cash from operations of $1.8 million during the third quarter of 2005 compared to $3.8 million and $4.0 million, respectively, during the second quarter of 2005 and the third quarter of 2004. Cash generated during the third quarter of 2005 was used to reduce long-term debt and capital lease obligations by $1.7 million and invest $0.1 million in capital assets. Amounts outstanding under the revolving credit facility at October 2, 2005 were $8.1 million compared with $8.4 million at July 3, 2005.

"Once again, this was a quarter of significant financial improvement - sustaining profitability, sequential growth in revenue, cash generation, improved working capital and further debt reduction," said Jane Todd, Senior Vice President and Chief Financial Officer. "Our goals are to maintain profitability and further strengthen our balance sheet."

"Our third quarter results reflect continuing progress in restoring satisfactory financial performance and value creation," stated John Caldwell, President and Chief Executive Officer. "This was the third consecutive quarter we have reported growth in revenue from the previous quarter. Also, this was the first quarter in a number of years that we have reported growth in revenue as compared to the same period last year. Our revenue growth in the third quarter was enhanced by stronger than anticipated seasonality from certain customers. We maintain our guidance that we anticipate revenue and earnings for the second half of the year will be stronger than the first six months. While we expect revenue in the fourth quarter to be lower than the third quarter because of customer seasonality and the effect of certain customer programs approaching end of life, we also expect to remain profitable. Although we anticipate incurring a loss for the full year due to poor results in the first quarter, we have made measurable progress in the ensuing quarters in returning SMTC to profitability and revenue growth."


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    (1) Expressed in U.S. dollars
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About the Company: SMTC Corporation is a global provider of advanced electronic manufacturing services. The Company's electronics manufacturing, technology and design centers are located in Appleton, Wisconsin; Boston, Massachusetts; San Jose, California; Toronto, Canada; and Chihuahua, Mexico with a third party facility in Chang An, China. SMTC offers technology companies and electronics OEMs a full range of value-added services. SMTC supports the needs of a growing, diversified OEM customer base primarily within the industrial, networking, communications and computing markets. SMTC is a public company incorporated in Delaware with its shares traded on the Nasdaq National Market System under the symbol SMTX and on The Toronto Stock Exchange under the symbol SMX. Visit SMTC's web site

NVAX being kicked out of the biotec index will probably cause some funds to dump this stock. Shaky retailers will likely follow since the bird flu stuff is getting old. Since you are a swing trader I guess you will buy on a big dip to avarage down?  Does this make sense?


http://biz.yahoo.com/prnews/051111/dcf024.html?.v=25