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Welcome to StockAuthority.com! Our small team of investment mavens has quickly come to be recognized as a leading authority on small-cap, short-term, and extremely volatile stocks. On this site we will post our pick-of-the-week approximately every two weeks. The pick will always be posted on Monday at 10 AM EST. So place your bookmark here - and keep an eye out for our next pick. |
Disclaimer: All of the securities that are profiled here at StockAuthority.com are extremely risky investments. We are not responsible for any losses or gains that you may incur by viewing this page. Consult a professional broker for advice on trading and investing. We have never accepted compensation from any company that we may have profiled, nor will we ever. We may buy or sell our profiled securities at any time. This is not a solicitation to buy or sell securities. |
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April 19, 1999 - 10:02 AM EST Our new pick is Vertex Industries - VETX - OTC:BB. Currently trading at $1.50. Vertex is a leading systems integration and middleware solutions provider. They have products relating to middleware technologies, data collection solutions, and the integration of e-commerce applications with existing computing infrastructures. On their last reported quarter, results showed that revenues were up over 200% and earnings were .07 for the six month period. Earnings for the last 12 months total .13 which gives the company a current PE of just 10. Vertex customers include AT&T, Bell Atlantic, MCI, Credit Lyonnais, Dell Computers, Tenneco Packaging and the New Zealand Stock Exchange. A Vertex product, Netweave, links Dell's OnLine Store, one of the most successful e-commerce sites on the Web, with their order management system hosted on Tandem. According to the company they have several interesting developments... A major license agreement for the NetWeave Middleware product will be completed and announced in the 3rd Quarter. The agreement is with a large Government sub-contractor. The Company has hired a manager of middleware sales, whose responsibility will be sales of the NetWeave middleware product and the new Internet related product, Evolve. Evolve is an innovative new product that allows web sites, electronic catalogues, and on-line store fronts to link directly to legacy-based applications. The company says that Beta testing begins soon, and there should be an announcement. The NetWeave interface to the Netscape Application Server product has been completed and is being demonstrated to Netscape. Shares outstanding: 5.5 million - Sales for last 12 months: $7 million. We consider Vertex a great short term investment. |
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