Opinions
Jeff Parent B. Eng. FCSI CIM
March Networks Corp
MN-T
WEAK BUY
May 23, 2007
Was on a downslide from the beginning of 2006. Had a big drop around the beginning of January with a huge volume. Because it is trading around $12 mark, there may be more positive news coming up. Good buying moment right now. The drops below $10.50, it is not a good story.
$12.000
Stock price when the opinion was issued
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DON'T BUY
In the bottom 10% of his database because year over year earnings had been down about 107%. Loss of a Wal-Mart contract affected the stock. Have announced new contracts with other retailers, which are significant. However, earnings estimates have been chopped by 165% in the last 90 days.
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