ANLT usually holds good news and releases just
earnings. I see a short squeeze in the middle of
as ANLT announces new contracts. The stocks fair
value using the growth rate and and p/e is low
on listing. The NYSE returned my call and gave me
the following info. There are three options for
meeting the shareholder requirement...1) 2000 round lot
shareholders; 2) 2200 total shareholders and average monthly
volume of 100,000 shares; 3) 500 shareholders and
average monthly volume of 1 million shares for the past
Fees for listing (5 million share
so bad! Turbo.
>>As to the NYSE, I think ASI might meet
the requirements, but the fees would be excessive
given the volume this stock
Turbo, I don't have a copy of the annual report in front
of me. But if you (or anyone else) do(es), could you
check on the # of shareholders listed? We may or may
not be ok there (as those shareholders who have their
shares held in street name count, too).
As far as
listing fees go, I'm estimating them to be $87k to be
listed initially and $7k annually thereafter.
far as what specialists charge, I don't know (any
So, one question would be, is it worth $87k (plus all
the legal, etc. costs the co. would incur during the
listing process) to ANLT to be listed on the NYSE?
You are correct about the lack of prestige on
"the Curb," however unless the automated traders are
going to go the floor and look at the book they won't
know what's out there to buy or sell, thus reducing
their confidence to bang out little orders in rapid
succession. My contention is that in thinly traded stocks the
automated Nasdaq trader has an advantage if he chooses to
use it. Heaven forbid there should be just a tad of
collusion amongst what used to be termed the SOES bandits.
Trust me these guys need the Nasdaq and their Level II
screens. List your stock and you take away their
As to the NYSE, I think ASI might meet the
requirements, but the fees would be excessive given the volume
this stock trades. Thanks for your response. I would
like to continue the dialogue. Turbo.
>>I would still like to see the company
apply for listing on the Amex or New
The co. would not currently qualify for listing on
the NYSE and the AMEX would not provide any less
manipulation or games w/ the spreads than are currently
occurring here (read some of the current controversy about
the AMEX - not good; a listing on the AMEX is not
exactly a thing of prestige these days).
just look at the base that is being formed. mm
are sucking up the weak hands. it is getting to be
more obvious. hold on buy more on weakness look at the
charts its building a base to hit 35+ before the end of
summer. lets see buy at 24 sell @48 seems like fun to me.
The 10-Q reads just fine to me. It's nice to see
more activity on this board, but I think that reading
the actual 10-Q was more helpful. I would still like
to see the company apply for listing on the Amex or
New York (probably too expensive). If this were done
it would be far more difficult for 100 and 200 share
lots to push the stock around. Today was a light
trading session. We traded between 25 and 25 3/4 all day
until 3:55 p.m. when several consecutive small sales
pushed the stock below $25. This bullshit would not
occur with a specialist on the stock. Opinions??
Regarding "The stocks fair value using the growth
rate and p/e is low 30's." Keep in mind that the E
that you are using is based off of revenue that wont
exist as cash for another 210 days.
"What are you guys, in that none of you have ever
communicated with the Company or it's auditors, going to do
when ANLT exceeds earning estimates, goes cash flow
positive, reduces Days outstanding and announces new
contracts?" The answer would be - I might cover, if the
numbers were real and very substantially improved. For
now though all those things are just hope. I dont
expect the above since: Cash flow is getting worse, not
better. This is what cash flow has done is the past 4
quarters: $2,717.0; $-1,087.0; $-3,907.0; $-5,994.0. Thats
a steady deteriorating trend, and thats losing
money. As for DSO's - heres what they have done over the
past 4 quarters: 172, 191, 198, 210. Thats called
getting worse, not better. Earnings can be manufactured
(they are) so who knows what they will print. And, BTW
lets not forget debt, which has done the following
over the past 4 quarters: $18,669; 19,856;
$22,679; $27,282. In other words they have had to borrow about what
they have lost on a cash flow basis.
business is sick and getting sicker, I think that the
above numbers plainly show that. Maybe a miracle will
happen, but I see that as just hope, compared to the
reality listed above and taken from the quarterly
>Cash flow is getting worse, not
Uh-hum, Ms. Equity Analyst, have you ever called anyone
at the Company and asked any questions?
you explain to me how the Company's bidding,
contracting, acounting and revenue recognition model works?
Do you know the differance between data and
information? Data is being able to read SEC reports and spout
meaningless things about cash flow and unbilled recievables.
Information is the art of applying static data to a human
enterprise. You have to know the people to understand the
enterprise. Do you know anyone at the Company?
pulling your assumptions out of your ass?