May 5, 20080
Microcap News and Views - May 5th (LTFD.OB, BNX, GACF.OB, PTSC.OB, TCCO.OB)
Worth reading:
- Littlefield Corp. swings to a loss in Q1 - Quarterly earnings for Littlefield (LTFD.OB) came in a bit light. However, if it can pull off the sale of the catering business, this may still be a stock to watch.
- Banks.com, Inc. Adds Record Number of Registered Subscribers and Users During 2008 Tax Season: Financial News - Yahoo! Finance - Think of Banks.com (BNX) as a poor-man’s Marchex (MCHX) but with a little effort it could use Bankrate’s strategies to squeeze more cash flow from its domains
- Global Aircraft Solutions Announces Sale of One 737-200 Aircraft to Pamir Airways - GACF takes another step to improve its balance sheet, but the turnaround is far from complete.
- Onkyo Becomes Latest Microprocessor Patent Licensee - Another big CE name signs licenses the Moore Patent Portfolio, but these deals will never generate enough cash flow to please PTSC investors long term.
- Technical Communications Corporation Reports Results for the Second Fiscal Quarter Ended March 29, 2008 - TCCO rallied into the earnings report but sold off on the news. Though profits dipped a bit year over year, revenue growth was strong and backlog is impressive. Between existing backlog and the new Egypt contract, I highly doubt the dip is deep or prolonged.
DISCLOSURE: No positions.
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