Microcap News and Views – May 17th (EZEN.OB, CPTC.OB, STMF.PK, RICK, ABAT)

Worth reading:

EZENIA! INC. Announces 2008 First Quarter Financial Results – If you thought Yahoo! was the only company with an exclamation point in its name, I present Ezenia! Its a serial underperformer but has cash exceeding its market cap. Not enough to get me interested.
Composite Technology Announces Quarterly Results – the good news: revenues [...]

Composite Technology (CPTC) – steep valuation but lots of promise

Composite Technology (CPTC.OB) has two promising product lines: wind turbines and improved power transmission lines.  Both businesses operate in sectors that are certain to grow in coming years.  If either business can gain traction, Composite Technology could easily be worth much more than today’s $400M market cap.  But make no mistake — at this valuation, [...]