3SOF

Bottom Fishing, let's see if it has put one in.
Volume: 2,426,700.....    Very nice up from avg.
Avg Vol (3m): 129,172

Technicals
Record Volume
Most Actives
Percentage Gainer
MACD is bullish

Profile Get Profile for: 

Tag-It Pacific Inc.
21900 Burbank Boulevard
Suite 270
Woodland Hills, CA 91367
Phone: 818-444-4100
Fax: 818-444-4105
Web Site: http://www.tagitpacific.com

DETAILS   
Index Membership: N/A
Sector: Consumer Goods
Industry: Textile - Apparel Clothing
Full Time Employees: 206


BUSINESS SUMMARY   
Tag-It Pacific, Inc. distributes a range of trim items to manufacturers of fashion apparel, retailers, and mass merchandisers worldwide. Its trim items include thread, zippers, stretch waistbands, labels, buttons, rivets, printed marketing material, polybags, packing cartons, and hangers. The company also provides printed marketing materials, such as hang tags, bar-coded hang tags, pocket flashers, waistband tickets, and size stickers in its trim packages. In addition, Tag-It Pacific produces customized woven, leather, synthetic, embroidered, and novelty labels and tapes. Further, the company offers its MANAGED TRIM SOLUTION, which is an Internet-based supply-chain management system covering the management of ordering, production, inventory management, and just-in-time distribution of trim and packaging requirements. Its TekFit division develops and sells apparel components. The company sells its products primarily in North America, South America, Mexico, Asia, and the Dominican Republic. Tag-It Pacific was founded on 1980 and is headquartered in Woodland Hills, California.

You mean, we gonna go for fishing again Setravis?
ha hay... that's the way aha- aha i like it (Applaud)

I thought this stock was listed here but cannot find it. Anyway it had a super run up and is pulling back
http://tinyurl.com/c53wy

There has also bee a good amount of insider buying

http://tinyurl.com/8rn5m

This may be a turn around play - you can

Also ISV that I think was a play here also did a similarr nice move and it is near a likely buy point again

Here it is Metro.....
Just started the thread 30 Nov.
TAG:
http://www.3stocksonfire.org/trading/index.php?topic=3846.0

Also on ISV.....
http://www.3stocksonfire.org/trading/index.php?topic=646.0

I bought TAG after  earnings...maybe a little too soon a few days ago.  Low and behold it's looking like it should get close to the 1.38 and finish the right sight of a cup(bowl) or what ever you want to call it.  Great volume today and I liked the intra-day action

Good job Kslifka "Tag It"  ...... Applaud ! 
A good looking uptrend since I spoke of it back down there
on November 30, 2005.
Very little resistance in the upward trend to this point.
Management Team has zipped TAG right through a turnaround into profit.

On that 1 Year chart looks to be a Bullish Price Channel, One mans opinion....

52wk Range: 0.30 - 1.38
Volume: 321,100
Avg Vol (3m): 115,239

Technicals
Percentage Gainer

RS Rating: 96 

Fundamentals
Earnings Expected on Nov 21

Key Data:
Market Cap (M): $97.07 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

Press Release Source: Tag-It Pacific, Inc.


Tag-It Pacific, Inc. Reports Net Earnings for the Third Quarter and Nine Months of 2006
Monday November 13, 9:30 am ET 
Company Reports Restructuring Complete - Third Quarter Sales up 41%
2006 Third Quarter Net Income of $0.02 per Share vs. 2005 Net Loss of $0.56 per Share


LOS ANGELES--(BUSINESS WIRE)--Tag-It Pacific, Inc. (AMEX: TAG - News), brand owner of Talon® zippers and a full service outsourced trim management supplier for manufacturers of fashion apparel, today announced financial results for the Company's third quarter and nine-month period ended September 30, 2006.


For the three months ended September 30, 2006 the Company reported Net Income of $339,000, or $0.02 per share, as compared to a Net Loss for the same period in 2005 of $10,285,000, or $0.56 per share. "The net income for the third quarter of 2006 represents another significant step in the continuation in our turn-around efforts," commented Stephen Forte, the Company's CEO. "These results are very encouraging and evidence the new direction and momentum of the Company. Our business is now beginning to reflect the success of our restructuring plan implemented late in 2005, and we believe our sales growth is evidencing the success of our global growth strategy. We believe both the restructuring and our growth plans contributed to our positive performance," Mr. Forte said. The net income for the third quarter in 2006 includes a $117,000 non-cash compensation charge for employee stock options in accordance with FAS 123R which was adopted by the Company at the beginning of 2006.

For the nine months ended September 30, 2006 the Company reported net income of $264,000, or $0.01 per share, as compared to a net loss of $24,410,000, or a net loss per share of $1.34, for the first nine months of 2005. The net income for the nine months ended September 30, 2006 included $283,000 in non-cash compensation expense in connection with the adoption of FAS 123R at the beginning of the year.

Sales for the three months ended September 30, 2006 were $13,367,000 as compared to sales of $9,473,000 for the same quarter in 2005. The improvement in sales for the third quarter in 2006 as compared to the same period in 2005 reflects double-digit growth in all of our product lines with the continuing expansion of our business in Asia. The growth in Asia has substantially offset the sales declines in the U.S. and Latin America that resulted from the shift, beginning in 2004, of apparel industry production to Asia. Sales for the third quarter of 2005 were partially impacted by our restructuring efforts implemented during the quarter that closed assembly operations in Mexico and the manufacturing plant in North Carolina. Gross profit for the three months ended September 30, 2006 increased over the same period in 2005 by $6.2 million as the Company eliminated substantial operating and manufacturing costs, avoided excess inventory and obsolescence costs, and improved its overall margin on sales. Gross profit for the three months ended September 30, 2005 included restructuring charges of $3.5 million associated principally with valuation reserves on inventory. The net loss for the nine months ended September 30, 2005 also included a $1.0 million provision for the deferred tax asset valuation reserves.

For the nine months ended September 30, 2006 sales were $38,251,000, as compared to sales of $38,168,000 for the same period in 2005. The sales increase for the period results from the impact of rapidly growing apparel sales in Asia as the Company's sales in Mexico and the U.S. declined. The sales increase for the nine months ended September 30, 2006 over the same period in 2005 also reflects growth within our core products offsetting the impact of approximately $6.2 million of Mexico sales from the same period in 2005 that were discontinued.

In October 2006 our exclusive supply contract with our single customer for our patented TekFit waistband product expired pursuant to its terms. With the expiration of this exclusive contract we now have the ability to sell our waistband products to multiple brands and retailers. Over the longer term, this should expand the market for our waistband products considerably. Nonetheless, purchase commitments from the expired contract are expected to decline significantly through the next two quarters, and it is unlikely that shipments of our waistband products to new customers will fully offset the decline in sales to our prior exclusive customer in the near term.

Gross margins for the nine months ended September 30, 2006 improved $9.2 million from the same period in 2005 partly as a result of the restructuring costs of $3.5 million incurred in 2005, but also as a result of improved product margins, lower distribution and manufacturing costs, and reduced obsolescence costs in 2006 as compared to 2005.

Operating expenses for the three and nine months ended September 30, 2006 were lower than the same periods in 2005 by $4.5 million and $14.0 million, respectively. The cost reductions are partially the result of restructuring and goodwill impairment charges of $2.7 million in the third quarter of 2005, and $6.6 million in provisions for uncollectible receivables in Mexico that was recorded in the first nine months of 2005. In addition to the elimination of these 2005 charges, operating expenses in 2006 were also lower than 2005 due to reduced employee costs, lower legal and professional costs, reduced travel costs and lower overall operating expenses as the Company operated with a smaller, more efficient organizational structure. The overall operating cost savings for the quarter and nine months ended September 30, 2006 as compared to the same periods in 2005 is also net of increased spending in sales and marketing to promote global growth, and the added non-cash compensation costs associated with the implementation of FAS 123R.

"We have successfully executed our business restructuring and growth plans during the first nine months of 2006," Stephen Forte stated, "and we are confident that with our new organization structure, operating disciplines, and strategic focus that our efforts will continue to result in renewed shareholder confidence and value."

Teleconference Information

Management will host a conference call at 1:30 p.m. PST (4:30 p.m. EST) Monday, November 13, 2006 to discuss 2006 third quarter and nine months results.

To participate in the conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: 888-338-6760. International callers should dial 973-582-2858. There is no pass code required for this call.

If you are unable to listen to the live teleconference at its scheduled time, there will be a replay available through November 30, 2006 midnight Eastern time and can be accessed by dialing 877-519-4471 (U.S.), 973-341-3080 (Int'l), replay pin number: 8104706.

This call is being webcast by ViaVid Broadcasting and can be accessed at http://viavid.net/dce.aspx?sid=00003474.

About Tag-It Pacific, Inc.

Tag-It distributes zippers under its Talon® brand name to manufacturers for apparel brands and retailers such as Levi Strauss & Co., Wal-Mart and JCPenney. Tag-It also supplies a full range of trim items to manufacturers of fashion apparel, specialty retailers, mass merchandisers, brand licensees and major retailers, including Levi Strauss & Co., Motherworks, Express, The Limited, New York & Co., Victoria's Secret and House of Dereon, among others.

Forward-Looking Statements:

With the exception of the historical information, this press release contains forward-looking statements, as referenced in the Private Securities Litigation Reform Act. Forward-looking statements are inherently unreliable and actual results may differ materially. Examples of forward-looking statements in this press release include the projected effects of our restructuring plan and growth strategy in future periods, and the effects of the expiration of our exclusive supply contract for TekFit waistbands. Factors which could cause actual results to differ materially from these forward-looking statements include our ability to acquire new customers for our TekFit waistbands, an unfavorable outcome in litigation in which we are party, the unanticipated loss of one or more major customers, economic conditions, pricing pressures and other competitive factors, and our management of the growth strategy. These and other risks are more fully described in our filings with the Securities and Exchange Commission including the Company's most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q, which should be read in conjunction herewith for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise

Press Release Source: Tag-It Pacific, Inc.


ADDING and REPLACING Tag-It Pacific Announces Revolutionary Tekfit(TM) Technology Now Available Worldwide to U.S. Brands and Retailers
Wednesday November 15, 4:25 pm ET 
Integrated Stretch Technology Allows Waistbands, Cuffs and Collars to Expand Up to Two Sizes


WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Add to Contact Information: Sales, Tag-It Pacific, Inc., Rayna Long, 818-444-4128
The corrected release reads:

TAG-IT PACIFIC ANNOUNCES REVOLUTIONARY TEKFIT(TM) TECHNOLOGY NOW AVAILABLE WORLDWIDE TO U.S. BRANDS AND RETAILERS


Tag-It Pacific, Inc. (AMEX:TAG - News) today announced the availability for select global US brands and the United States market of its proprietary and patented Tekfit(TM) - the only proven technology available that adds mechanical stretch and recovery to collars and waistbands of non-stretch fabrics for up to two sizes. Tekfit technology, previously committed exclusively to one of the world's largest brand name apparel manufacturers since 2002, is available commencing November, 2006.

According to U.S government data, an average person's weight fluctuates an average of two to five pounds during a typical year. Yet, expandable, attractive, comfortable clothing is largely an unmet consumer need in today's apparel environment. Unlike other stretch waistbands on the market, which incorporate elastic or are cut on the bias, Tekfit adds stretch to the entire waistband, which is cut on the straight, eliminating the need to add bulky elastic or require the use of additional stretch fabric. Tekfit's durable structure withstands destructive washes and lasts the life of the garment.

With this untapped market afoot, Tekfit represents a significant financial and consumer acquisition opportunity for apparel designers and retailers. "Tekfit technology answers this overlooked consumer need - attractive, expandable and comfortable clothing that doesn't bind, pucker or add unsightly synch," remarks Stephen Forte, chief executive officer, Tag-It Pacific, Inc. "Now qualified global U.S. clothing brands and retailers in the U.S. can incorporate Tekfit into their own lines and give consumers the comfort and convenience they demand."

About Tag-It Pacific

Tag-It Pacific, Inc., (AMEX:TAG - News) is an apparel company that distributes a range of apparel zippers and trim items to manufacturers of fashion apparel, specialty retailers, and mass merchandisers. The company sells its products through the company's sales force in the United States, Asia, Mexico, the Dominican Republic, and Central and South America. Tag-it Pacific was founded in 1980 and is headquartered in Woodland Hills, California. For more information on Tag-It Pacific, please visit www.tagitpacific.com. For more information on Tekfit, please visit www.tek-fit.com.


Contact:
Sales:
Tag-It Pacific, Inc.,
Rayna Long, 818-444-4128
or
Press:
For Tag-It Pacific, Inc.
Naomi Salad, 212-529-4087
[email protected]

--------------------------------------------------------------------------------
Source: Tag-It Pacific, Inc.

"TAG" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                        
All history on a stock pick in 1 thread is awesome.                                                         
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                                         
Thank You....and good luck with all your trades....make some $$$     


Today's closing chart while I'm in this thread.......