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Analog Devices, Inc. Message Board

  • TheREALChief TheREALChief Feb 2, 1998 1:13 AM Flag

    Also recommended is MTMS!

    Hot new issue MTMS (Made2Manage Systems) is a strong buy, according to First Albany. They are in the ERP (Enterprise
    Resource Planning) software business for small to midsize manufacturers. Growth in this particular market is expected
    to grow at exponential rates. Their IPO was at $7.50. Just released last week was their earnings for the fourth quarter with record total revenues of $16.2 million for 1997, a 72 percent increase over 1996 total revenues of $9.4 million. Operating income was just over $1.0 million in 1997 compared with $700,000 in 1996. Net income was $613,000 in 1997 compared with $347,000 in 1996. Diluted net income per share in the fourth quarter of 1997 was $0.11 versus $0.06 in 1996.

    This company in my view has solid potential to the upside by $2 - $3 in the near term and a one year target of $13 - $14. It is also a very attractive acquisition target. Just imagine a company like PeopleSoft or Oracle buying out MTMS to broaden their customer base and diversify their product line.

    The fundamentals are very solid, do your own research and you'll find it a gem. Good luck!

64.06+0.04(+0.06%)Oct 25 4:00 PMEDT