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Mexco Energy Corporation Message Board

  • dougklim_2000 dougklim_2000 Nov 2, 2000 8:58 AM Flag

    Morning All... New to Matec board

    but not new to Matec...

    I was on their
    delivery dock just yesterday morning and it was packed
    with packaging materials... Not that means much, they
    tend to buy in bulk.

    A few comments:

    -I
    like the chart but why the need for a 3:2 stock split
    so early? Is there an expansion plan in
    place?
    -It would appear that matec had a nice profit last Q
    but they need to repeat performance this Q to make it
    real... will earnings come out before the split?
    -This
    is a small company with 100 employees that is
    finally hitting the mark due to strong market
    demand...Where are they in this cycle? If backlog remains
    constant or even better increases then stock will do well.
    If it levels off or decreases at all...back to
    11-12

    ALL OF THESE STATEMENTS ARE MY OPINION ONLY...SO DO
    YOUR OWN DD.

    dougklim

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MXC
2.61+0.30(+12.99%)Feb 11 4:00 PMEST