We pore over the
financial reports of hundreds of companies to find clues about the
firm's future activities and to determine if a promotion is
running and or in it's beginning stages.
AND TODAY OUR PICK IS
VSCI !
Good morning to all PST.NET subscribers. We wanted to alert you
to another stock that has slowly been rising under the radar and one
we find particularly attractive based on its low multiple. The
company we are referencing is Vision Sciences trading on the Nasdaq
under the ticker "VSCI" at $5.50 a share.
VSCI Vision-Sciences, Inc. develops, manufactures and markets unique
flexible endoscopic products for the urology, gastroenterology and
the ENT markets, utilizing the proprietary sterile disposable
EndoSheath (r) Technology. This technology provides quick and
efficient equipment turnover, and ensures the patient a
contaminant-free endoscope insertion.
Vision Sciences currently trades around only 10 times earnings with
around $10.5 million in revenues. Cash on hand is around $20 million
far exceeding debt of about $130 thousand
Keep "VSCI" on your screen as we believe this stock still has some
room to grow. Perhaps Vision could also see its shares rise further
on the heels of a potential admittance into the Russell Index!
If you trade this stock and you make profit TAKE IT! or at least
take some of your trading money back.
Don't forget to please spread the word, because as I talked about
before, there's always strength in numbers. Also a special thanks to
all of you who continue to support the PST.NET!!! We have grown at a
significant rate thanks to you. One other thing to leave you
with...Please remember that these stocks can be very volatile so as
always be very diligent if you decide to jump into them.
Vision-Sciences, Inc. engages in the design, development,
manufacture, and marketing of endoscopes and disposable endosheaths
for the medical device market, and flexible borescopes for the
industrial device markets primarily in the United States. The
company operates through two segments, Medical and Industrial. The
Medical segment offers a family of flexible endoscopes with Slide-On
EndoSheath Systems for applications in the ear-nose- throat (ENT),
urology, gastrointestinal, and pulmonary markets. The Slide-On
EndoSheath System is a single-use device that slides on to the
insertion tube of a flexible endoscope. This segment sells its
products to ENT doctors; urologists; gastroenterologists;
pulmonologists; and primary care physicians in hospitals, medical
clinics, and physicians' offices. The Industrial segment designs,
manufactures, and markets flexible endoscopes, called borescopes,
primarily for aircraft maintenance, jet engine manufacturing,
defense, and other specialized industries. It also offers its
products in Europe, Australia, the Middle East, the Far East, and
Canada. The company was founded in 1987 as Machida Incorporated and
changed its name to Vision- Sciences, Inc. in 1990. Vision-Sciences,
Inc. is based in Orangeburg, New York.
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