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Hooker Furniture Corp. Message Board

stockwatch4 117 posts  |  Last Activity: May 10, 2011 3:25 PM Member since: Jan 10, 2005
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  • Reply to

    Massive Selling Pressure

    by dcftime May 4, 2011 11:16 PM
    stockwatch4 stockwatch4 May 10, 2011 3:25 PM Flag

    I don't know about "massive" but Iteris is a great value today - amazingly trading below book!
    A quick check will show ITI is one of the least leveraged companies in the Security Systems and Services industry. I'm stocking up on this one and another that sells mobile devices and equipment: TESS.

  • "We are pleased with our revenue performance, improved gross profit margin and profitability in our seasonally slowest quarter of the year," commented John Schaeffer, President. "We continue to see strong demand for both residential and commercial solar, and remain optimistic about seeing strong growth for the remainder of 2011. We continue to focus on building our backlog and on hiring installation crews where appropriate to expand our production capacity to keep up with demand."

    "Our discipline and planning allowed us to show strong financial metrics across the board in what is usually our slowest quarter of the year," said Erik Zech, Chief Financial Officer. "This performance is particularly impressive given the production challenges experienced as a result of this being one of the rainiest winters in California history. Our ability to show both higher revenues and improved gross margins are indicative of the progress we have made in growing and optimizing our business. Our balance sheet remained strong at the end of the quarter with cash of $13.4 million and no debt."

  • Iteris Selected for Major Los Angeles Corridor
    Congestion Hot Spots Project
    5/4/2011

    -- $1.3 Million Contract to Analyze Congestion Improvement Alternatives through SR-91/I-605/I-405 Los Angeles Corridors --

    Santa Ana, Calif. – Iteris, Inc. (AMEX: ITI), a leader in the traffic management market that focuses on the application and development of advanced technologies, has been selected by the Los Angeles County Metropolitan Transportation Authority (Metro) as a key member of the consulting team that will conduct the Congestion Hot Spots for the SR-91/I-605/I-405 Corridors – Feasibility Analysis and Project Study Reports (PSRs).

    According to the terms of a $1.3 million contract, Iteris will perform a wide range of transportation planning and traffic engineering services for Metro in association with the Gateway Cities Council of Governments (GCCOG), which includes the Port of Long Beach and encompasses 27 cities with a population of two million.

    This major project will analyze congestion improvement alternatives in the Gateway Cities sub region for the various congestion “Hot Spots.” Based upon the findings of a previous initial corridors study that was completed with assistance from Iteris, Los Angeles County Measure R designated $590 million for SR-91/I-605/I-405 mainline, ramp, and interchange improvements within the area. Measure R is a one-half cent sales tax approved by Los Angeles County voters in November 2008 to meet the transportation needs of Los Angeles County.

    “Los Angeles is one of the most congested cities in the United States, so to provide transportation solutions that improve mobility in this high profile region is vital to the millions of commuters that travel LA freeways every day,” said Abbas Mohaddes, president and chief executive officer of Iteris. “The backing received from the general public through the passage of Measure R underscores their desire for a solution, and we are looking forward to assisting Metro and the Gateway Cities implement these improvements.”

    The initial alternatives for congestion “Hot Spots” will include improvements to freeway-to-freeway interchanges, additional general purpose lanes, and arterial improvements working within existing public right-of-way, to the extent possible. Iteris will be involved in all phases of the work -- from initial travel demand forecasting to detailed analysis of improvement alternatives -- which is expected to be completed in 17 months. Upon completion of Phase 1, up to three “Hot Spots” projects will be ready to advance to the next phase of project development including PSRs. Iteris expects to play a major role in the PSRs and follow-on activities. "Metro is once again looking forward to working with Iteris," said Douglas Failing, Executive Director, Highway Programs for Metro. "The decision to proceed with the I-605 Congestion Hot Spots project brings us one step closer to relieving traffic congestion and providing much needed relief to travelers."

    About Iteris, Inc.
    Iteris, Inc. is a leader in the traffic management market focused on the development and application of advanced technologies that reduce traffic congestion, minimize the environmental impact of traffic congestion, and improve the safety of surface transportation systems infrastructure. Combining outdoor image processing, traffic engineering, and information technology, Iteris offers a broad range of Intelligent Transportation Systems and driver safety solutions to customers worldwide. Iteris is headquartered in Santa Ana, California, with offices throughout North America and in Europe, Asia and the Middle East. Investors are encouraged to contact us at 888-329-4483, or at www.iteris.com.

  • stockwatch4 by stockwatch4 Apr 7, 2011 12:35 AM Flag

    "Mike Faith Joins Wayside Technology Group Board of Directors

    SHREWSBURY, NJ - April 6, 2011 - Wayside Technology Group (NASDAQ: WSTG) today announced that Mike Faith, chief executive officer and president of Headsets.com, Inc., has been elected to Wayside's board of directors.

    "Mike Faith is a business builder and a leader in service excellence and marketing innovation," said Simon F. Nynens, Chairman and Chief Executive Officer. "We think Mike's insights and experience will be extremely valuable to Wayside as we continue to build our company."

    As the founder and CEO of Headsets.com, Inc., Mike Faith's entrepreneurial flair, passion for customer service and talents for direct marketing have taken Headsets.com from zero to $30MM sales, with a strategy that has allowed Headsets.com to fund growth through sales and remain profitable during the dotcom crash and the recent recession. Under his leadership, Headsets.com has been recognized four times as an Inc 500 company, and was the winner of a Stevie award for Best Customer Service Team in the 2006 American Business Awards. Mike was also recognized with a Best Bosses Award from Winning Workplaces.

    Mike is a frequent speaker at direct marketing and business conferences, and sits on the Advisory board of Retail Online Integration magazine. Mike is the current Membership Chair of the Northern California chapter of the Young Presidents' Organization and is also the 2011 Chair of The Business Direct Group, an invitation-only group of C-level executives of business-to-business direct marketing companies. Mike hosts and funds charitable dinners organized by ReserveDinners.com, providing people the chance to connect with high profile contacts and benefit their charitable cause at the same time."

  • stockwatch4 by stockwatch4 Feb 24, 2011 11:48 AM Flag

    Isn't it great when we're provided a lower entry point to accumulate some shares in a sound company that's been paying dividends for years? I sure think so!
    Mahalo

  • Reply to

    OT: IFON

    by hopeful200 Jan 14, 2011 2:17 PM
    stockwatch4 stockwatch4 Jan 14, 2011 2:30 PM Flag

    You're on the wrong message board.

  • Reply to

    Why's price of WSTG rising?

    by take10k Jan 4, 2011 10:09 PM
    stockwatch4 stockwatch4 Jan 4, 2011 11:04 PM Flag

    So you're hesitating, afraid the dip you are anticipating will happen right after you buy, right?
    Doubt you'll have to worry about that. A highly profitable micro-cap tech stock (that just had a record quarter and pays a healthy dividend to boot) is more apt to shoot to the moon.

  • stockwatch4 by stockwatch4 Dec 7, 2010 12:05 AM Flag

    Expected $0.15, earned $0.11

  • stockwatch4 by stockwatch4 Nov 5, 2010 1:32 PM Flag

    "Cash flow from operations was $18.8 million in the first nine months of 2010 compared to $24.7 million in the comparable period a year ago."
    Does that explain why ERES is down today or am I missing something?

  • Reply to

    Within the next 6 months or so

    by yodle4me Jul 2, 2008 11:12 PM
    stockwatch4 stockwatch4 Jul 3, 2008 10:47 AM Flag

    TASR is the leader in this field. It's time to get back in, my friends.

  • I notice Globecomm Systems is on the RUSSELL 3000 Index Reconstitution list

    http://www.russell.com/indexes/membership/reconstitution/recon_3000_additions.asp

    Final membership will be posted June 30

  • Reply to

    Anyone out there know?

    by runnenaway Jun 3, 2008 3:53 PM
    stockwatch4 stockwatch4 Jun 5, 2008 3:30 PM Flag

    Plenty will grab this value stock once the price climbs back above $5 and no longer has penny stock status.

  • Reply to

    New to the Board

    by tnphidelt464 May 27, 2008 10:04 PM
    stockwatch4 stockwatch4 Jun 2, 2008 10:52 PM Flag

    COB Medland out of the stock? That's going to take a very, very long time. He owns almost 3 million shares and is only scheduled to sell 360k in 2008!
    That will still leave him with over 2.5 million to sell -not a good thing for a thinly traded stock.

  • Reply to

    KTCC has an interesting history

    by hileryregal May 19, 2008 4:45 PM
    stockwatch4 stockwatch4 May 23, 2008 11:24 AM Flag

    My answer to your query about this company's history would be: KTCC started out making computer peripherals but are now geared up to do all sorts of contract manufacturing, design engineering, and custom molding and tooling services. While expanding their operations and customer base, KTCC has managed to maintain profitability - a rare achievement in a small cap and proof this company is being intelligently managed. A solid foundation for growth has been laid, that's why we're bullish.

  • Reply to

    10% move

    by mattdoc1 May 16, 2008 11:38 AM
    stockwatch4 stockwatch4 May 22, 2008 3:05 PM Flag

    It's not so crazy. Former CEO (‘93-05), now Chairman of the Board, Greg Meland dumps 30,000 shares at the beginning of each month. Take a look at his filing: He's willing to sell as low as $3 per share! A COB selling like this each month isn't helping the price.

  • Reply to

    S&P Fair Value

    by mattpro2003 May 20, 2008 8:39 AM
    stockwatch4 stockwatch4 May 20, 2008 4:08 PM Flag

    Yes, Standard & Poor's is bullish on ARMH.
    It's good they agree this stock is undervalued.
    Thanks for your post.

  • Reply to

    New Customer Programs

    by donntchno May 9, 2008 8:57 AM
    stockwatch4 stockwatch4 May 19, 2008 3:19 PM Flag

    magnumtrad, Why do you keep shouting? - capitals are not necessary. Guess you are short trying to drive down the price with "creative" posts. If not, it would be interesting to know your motive for the posting on this board. Did you go long a couple summers ago at $7 a share and absolutely furious the price per share hasn't recovered from that customer's bankrupcy that costed KTCC almost $1M?
    Of course the price "should be in the $15 range" and it will.

  • Reply to

    New Customer Programs

    by donntchno May 9, 2008 8:57 AM
    stockwatch4 stockwatch4 May 15, 2008 1:04 PM Flag

    magnum - A CEO's responsibilities are not to sell a company and no one is trying to "suck the life blood out" of KTCC. Management is doing a great job building a steadily growing business and enlarging their customer base. This is a diamond in the rough.

  • Reply to

    New Customer Programs

    by donntchno May 9, 2008 8:57 AM
    stockwatch4 stockwatch4 May 12, 2008 9:23 AM Flag

    That quote from KeyTronic's CEO was probably regarding a new customer placing orders for some kind of energy efficiency product.

  • Reply to

    Recent SEC filing

    by patientcontrarians May 9, 2008 8:07 PM
    stockwatch4 stockwatch4 May 12, 2008 2:31 AM Flag

    Sounds positive to me too - institutional buying will help bolster share price if they continue to add to their holdings. (Wish I was a 10% owner in this one!) I guess there are some others reported to own 5% ... would have to check.

HOFT
25.56-0.36(-1.39%)May 22 4:00 PMEDT