Session of 02/08/2007

[nica33]

Thanks David.  What I read is IMOT.ob owns  China Equity exchange platform "chinae.com", and has 15% share in the Shenzhen Exchange, which had a growth of 40 % in trading volume in 2006 respect 2005:

From yahoo on feb. 1:

"Mr. Urianghai said, "The China Equity Exchange Platform ( http://www.chinae.com ) is a bridge, which connects regional equity exchanges around China. It breaks boundary limitations and makes cross- boundary equity exchanges possible. The China Equity Exchange Platform is a top service platform providing the best value added services to equity investors." Participants showed intense interests in the China Equity Exchange Platform. Further discussions on how to successfully implement cross-boundary equity exchanges via the Platform are continued after the round table. The business model of the China Equity Exchange Platform is well endorsed by governmental officers."

And then on feb 6:

Business Development of Shenzhen International Hi-Tech Property Right Exchange Center Accelerated in 2006
Tuesday February 6, 10:03 am ET


SHENZHEN, China, Feb. 6 /Xinhua-PRNewswire/ -- The Intermost Corporation (OTC Bulletin Board: IMOT - News), a leading electronic online equity exchange service provider in China, is pleased to announce that its joint venture, the Shenzhen International Hi-Tech Property Rights Exchange Center (''Shenzhen Exchange''), reported a total trading volume of 45.8 billion RMB in 2006, a 40% increase over the previous year. Last year, the Shenzhen Exchange served 7,331 enterprises and renewed records in revenue and profit.
The Shenzhen Exchange ranks among the top three equity exchanges in China, as well as the best performing hi-tech equity exchange. Currently there are 160 stock companies under its depository with approximately ten billion shares. Half of them are well performing hi-tech enterprises. Ten companies have gone public on overseas stock markets, including MINDRAY MEDICAL INTL listed on the NYSE, and LAUNCH TECH, POWERLEADER, and MINGWAH HI-TECH, which all listed on the HKEX. The Shenzhen Exchange is projected to expand its depository to 2000 companies in three years' time.

To provide endless listing-eligible resources to the capital markets in China and abroad, in 2006 the Shenzhen Exchange started the program of ''Growth Road Map of Innovative Enterprises''. In only three months, the applications of sixty enterprises have been accepted. Thirty-eight of them were granted a subsidy of 20.50 million RMB, and six of them successfully went public. The ''Growth Road Map of Innovative Enterprises'' opens a green channel for hi-tech enterprises to enter the Multi-Layer Capital Market.

Mr. Xiangxiong Deng, acting CEO of the Intermost Corporation was rather pleased to witness the rapid growth of the Shenzhen Exchange. He said, ''The Chinese government has started the year 2007 with solid support for the Equity Exchange Market, and thus will welcome unprecedented opportunities. The Intermost Corporation has engaged in the equity exchange business since 2003. It's high time that we reap the harvest!''

The Intermost Corporation holds a 15% share in the Shenzhen Exchange. Mr. Deng also indicated that they retained the possibility of increasing the shareholding position in the Shenzhen Exchange, as well as the possibility of direct investment in other leading equity exchanges in China."

[David Randolph]

Yesterday I saw a 130,000 share buy at .90 on ETLT and I added to my shares that I had purchased at .80.  From that moment it has dropped on low volume.  Any thoughts on buying into a big purchase like that, other than that in this case it was wrong.

ETLT.OB is taking its time correcting some short term excesses, but fundamentals are extremely attractive and the chart is still bullish (even more bullish after the recent pullback). I see the stock crossing $1 on the upside over the next couple of weeks.

[kslifka]

SNWP.ob is up huge today. No news...I could find

Only 84,000 market cap...with revenues of 372,000.

Operating margins  are not good though??

[David Randolph]

SNWP.ob is up huge today. No news...I could find

Only 84,000 market cap...with revenues of 372,000.

Operating margins  are not good though??

Volume on that stock is less than $100 K, you don't need news to make it move 200%. The bid/ask spread is 29% at this point.

According to the balance sheet, the company is worth ($6.3 M), that is, negative $6.3 M. If stocks could be traded in negative values, SNWP.OB would be there for sure. This way it is as close to zero as it can be, but sometimes someone buys some shares, like today ... the company's market makers will probably get all the bids they can without damaging momentum, because the company probably instructed them to sell what they can to the public.

The stock can rise 500% today or close in negative territory, anything can happen. One thing looks certain. SNWP.OB is on its way to $0.0001.

Good luck

[pompano]

Hi David, I have been watching PNWIF.OB for some time, thinking about jumping in but have not yet.  The chart is absolutely on fire, they have increasing revs, and recent deals with CVS and Kodak.  Their business model has great potential to say the least.   Already know what you'll think of the chart, what's your take on the financials?  Is PNWIF on fire?

[David Randolph]

Thanks for the info nica33, the problem is:

The Intermost Corporation has engaged in the equity exchange business since 2003.

How come with all those great news and prospects revenues declined from $3.39 M in Q1, to $1.68 M in Q2 and then to $0.28 M in Q3? That's what you need to explain to keep holding that stock.

Thanks

[TraderStar]

Hi David, any thoughts on XDSL?  Apparently some news today & have heard from other sources it may be getting ready to run...

[akclide]

NTWK looking good
Mkt cap 33 m
fwd. p/e 13.36
Rev 20 mil +
Revenue growth
2004 5749000
2005 12438000
2006 18690000
All softwares are developed in Pakistan(low cost)

[HomeBound]

Your opinion on EFSF.OB and ABAT.OB

Thank you

[tireslinger]

Hey David. I would like for you to take a look at OISI.OB. Opthalmologic Imaging Systems. They have increased net earnings and sales for the last eight quarters. Small float with free cash flow. Thanks in advance.

[David Randolph]

Hi David, any thoughts on XDSL?  Apparently some news today & have heard from other sources it may be getting ready to run...

Hi TraderStar

Technically XDSL.OB is long and medium term bearish. Over the short term it has been trading in a range between $0.15 and $0.20.

Fundamentally:

- Market cap is $53 M. Develops and sells broadband communications products, specifically middleware and set top boxes and, in addition, provides systems integration solutions for delivery of broadcast television, video on demand, e.t.c.
- Balance sheet is quite weak, working capital is ($3.18 M). Cash is $0.
- Revenues are declining rapidly, just $975 K in Q3 2006
- Huge losses. The company lost $24 M in Q3 alone.

XDSL.OB is way, way overvalued here, my take is the stock will probably decline 80% or more over the next 12 months.

But thanks for the suggestion

[TraderStar]

I've been working on the Stocks Covered List to put it in alphabetical order, but I'm still halfway to get the job done. Then it will be easier to find a stock on the list, and relevant comments posted on this message board about that stock.

David, I know of a flat file database that can be easily installed into a webhost's cgi-bin and then accessed from the web.  You can put in information about the stocks you cover and the users can access that info any way they want, by name, date, ranking, keyword, etc.  If you want more information let me know (I'm a webmaster in my other life & found this db several years ago, it is very stable & easy to use)

[David Randolph]

David, I know of a flat file database that can be easily installed into a webhost's cgi-bin and then accessed from the web.  You can put in information about the stocks you cover and the users can access that info any way they want, by name, date, ranking, keyword, etc.  If you want more information let me know (I'm a webmaster in my other life & found this db several years ago, it is very stable & easy to use)

Sure, please send me a private message with the information. Then I'll pass it on to Ramsburg for him to study the possibility (I know nothing about programming).

Thanks

[David Randolph]

Hi David, I have been watching PNWIF.OB for some time, thinking about jumping in but have not yet.  The chart is absolutely on fire, they have increasing revs, and recent deals with CVS and Kodak.  Their business model has great potential to say the least.   Already know what you'll think of the chart, what's your take on the financials?  Is PNWIF on fire?

Hi pompano, you're right, awesome chart

Let's check the financials:

- Market cap is $117 M. Develops and markets digital imaging technology which connects the photofinishing retailer to its customer through a wide variety of businesses including professional and commercial photo processing labs, image content owners and targeted portal services.
- There are no liquidity problems but the balance sheet is "small", just $4.4 M in assets for a $117 M market cap seems like a lot.
- Revenue trend is strong, revenues are doubling every year. But, in fiscal 2006 they were just $3.65 M, and that puts the revenue multiple at 32, which is very, very high
- Still losing money and I see dilution in 2006.

Anyway, let's check those news:

• PhotoChannel Releases Year End, Audited Financials
CCNMatthews (Mon, Jan 29)

• PhotoChannel and Kodak's Qualex Inc. Sign Preferred Partner Agreement
Market Wire (Tue, Nov 7)

My take is fundamental trends are very positive, but that's already priced in by the outrageous 32 times revenue multiple.

I would consider it on a 30% plus dip.

Thanks for the suggestion

[KCScott]

for those with Gold Fever - GSS on fire on huge volume