rtunities In High-Performance Small-Cap Arena PORTLAND, Ore., Sept. 22 /PRNewswire/ -- Twelve publicly traded small-cap companies will present their stories to the public on October 2 in Minneapolis at a conference hosted by The Red Chip Review. "This is a unique opportunity for individual investors to gain information on quality small-cap stocks directly from company management," said Marc Robins, editor-in-chief and publisher of The Red Chip Review, the event's sponsor. "Most investor conferences are targeted for retail brokers and institutional money managers. The mission of The Red Chip Review is to make available to individual investors information that is generally available only to the profession." The Red Chip Review Investor Conference is scheduled from 8 a.m. to 5 p.m. at the Sheraton Minneapolis Metrodome. Tickets are free for subscribers to The Red Chip Review, $30 for nonsubscribers. Admission includes a two-page comprehensive analysis, researched by Red Chip's expert analysts, on each of the 12 presenting companies, plus a healthy sit-down lunch, provided free by The Red Chip Review. Investors will have an opportunity to meet the top executives of these promising companies that have made it through Red Chip's demanding selection criteria and tough objective analysis. Attracting special attention is Minnesota-based Innovex, Inc. (Nasdaq: INVX). INVX is a supplier of interconnect devices to the disk drive industry. Despite a downturn in its primary market, management has been able to fund a $15 million investment (from cash flow) in a new manufacturing facility that will enable them to introduce new products and enter new markets. Even after this investment, the company continues to strengthen its balance sheet , which now boasts $55 million in cash ($3.73 per share) and less than $1 million in long term debt. Its Red Chip Rating is A. Visit the company's Web site at www.innovexinc.com. Other companies presenting at the conference include: Advanced Machine Vision Corp. (Nasdaq: AMVC) Red Chip Rating: C AMVC designs and manufactures high-speed defect-detection and sorting systems, with roughly 50% of the Company's sales destined for food product sorting applications. AMVC's technological capabilities earned the company a dominant market share for the tobacco and recycling sorting applications. Visit the Company's Web site at www.amvcorp.com. Air Methods Corp. (Nasdaq: AIRM) Red Chip Rating: B AIRM maintains one of the nation's largest fleets of emergency medical aircraft with 39 helicopters and five airplanes and operates in 16 states. With 7% institutional ownership and virtually no analyst coverage other than The Red Chip Review, this stock is truly undiscovered. Its Web site is at www.airmethods.com. California Micro Devices Corp. (Nasdaq: CAMD) Red Chip Rating: C CAMD produces and markets a line of products for semiconductor chip manufacturers and other products for the computer and telecommunications industries. CAMD is currently shifting its strategy to focus on high volume existing business as well as launching new products that will enhance its long term prospects. Its Web address is www.calmicro.com. Data Dimensions, Inc. (Nasdaq: DDIM) Red Chip Rating: B DDIM's focus on Y2K (Year 2000) consulting has resulted in explosive internal revenue growth (121% compound annual growth since 1993). Acquisitions in 1997 and 1998 enable DDIM to provide software testing from the PC computing environment through to the mainframe. New senior management at nearly all levels, improved earnings performance, a strengthened balance sheet, the initial development of its non-Y2K business, and a stock price down nearly 75% from its 52 week high, all point to DDIM as a company worth watching. Its Web site is at www.data-dimensions.com. Datum, Inc. (Nasdaq: DATM) Red Chip Rating: C DATM produces and markets time-measurement products used to enhance the performance of telecommunications systems. The current slowdown in the PCS build-out has pressured the stock, which now trades at below the company's book value of $10.45 per share. Visit the Company's Web site at www.datum.com. Exponent,Inc. (Nasdaq: EXPO) Red Chip Rating: B EXPO is a pioneer in the field of failure analysis, compiling and analyzing data on earthquakes, fires, oil spills, hurricanes, and terrorist bombings. 2Q98 saw a drop in both margins and EPS over 2Q97, resulting in a precipitous decline in the stock price to just under 50% of liquidation value. For those investors with the patience to invest in an asset play, EXPO could be just the ticket. EXPO's Web site is at www.fail.com. Microtest, Inc. (Nasdaq: MTST) Red Chip Rating: A MTST is a developer of electronic test tools for network management that has capitalized on the fact that nearly 70% of LAN problems are caused by network cables. It recently introduced a new product that could put it back into a leadership position. That fact along with an absence of long term debt and a stock price just over book value could translate into a positive risk-reward relationship for risk tolerant investors. Visit the Company's Web site at www.microtest.com. Rush Enterprises, Inc. (Nasdaq: RUSH) Red Chip Rating: B RUSH is one of the largest new and used heavy-duty truck dealers in the United States, with 13 Peterbilt dealerships in the Southwest and South. RUSH also owns two John Deere construction equipment centers. Two recent acquisitions and low interest rates have helped drive a 73% year-over-year increase in revenues in 2Q98. Those investors who believe the current interest rate climate will continue will benefit from hearing RUSH's story. Its Web site is at www.rushenterprises.com. SKYMALL, Inc. (Nasdaq: SKYM) Red Chip Rating: B SKYM is the largest in-flight catalog company in the United States, placing some 17 million catalogs on the flights of the 16 domestic airlines that carry over 70% of the U.S. passengers boarded. Continued efforts to build business on the Internet and in international markets bode well for the future. Investors seeking long-term capital gains may find SKYM interesting. Visit the company's Web site at www.skymall.com. Sunrise Technologies International, Inc. (OTC: SNRS) Red Chip Rating: B SNRS produces and markets high-tech systems for the eye care market, mainly the multibillion-dollar market for refractive surgery. Its laser-based noncontact system for correction of hyperopia and presbyopia is in Phase III clinical trials in the United States. Final FDA approval is expected in early 2000. A development-stage company, SNRS may be worth looking at for future investment potential. Visit the Company's Web site at www.sunrise-tech.com. Vari-L Company, Inc. (Nasdaq: VARL) Red Chip Rating: B VARL designs and manufactures patented signal-source and signal-processing components that enable wireless signals to be sent over the airwaves. By leveraging 44 years of wireless expertise in the military realm, VARL has successfully penetrated the commercial arena, emerging as a technology leader. Operating margins and EPS were again up over the year-ago numbers, but below analysts' estimates, causing a nearly two-thirds drop in price from its May high. In light of VARL's prospects going forward, this stock could be currently oversold. Visit VARL's Web site at www.vari-l.com. The Red Chip Review Investor Conference in Minneapolis will feature one company that is not currently followed by The Red Chip Review: Celgene Corporation (Nasdaq: CELG), a specialty pharmaceutical company that develops and markets human drug therapies and agricultural crop protection products. CELG has been reviewed by the Red Chip analyst team, which has determined that the company offers exciting promise. However, acceptance of an invitation to present at a Red Chip Investor Conference neither guarantees nor implies that The Red Chip Review will initiate coverage. Typically, companies followed by The Red Chip Review are undervalued and underfollowed, yet they show exciting promise. Because they are smaller, they are usually nimbler in taking advantage of opportunities and they are often in the early stages of development. They tend to be fast-growing, possess a leading technology, or in some way have a unique story. The Red Chip Review is the nation's leading source of information on small-cap stocks, providing in-depth research and analysis on approximately 250 publicly traded small capitalization companies across 28 industry sectors. The Red Chip Review is published biweekly. Visit the Red Chip Web site at www.redchip.com. SOURCE Red Chip Review -0- 09/22/98 /CONTACT: Linda Meyer of The Red Chip Review, 800-RedChip, or 503-417-2243, or fax, 503-417-2256/ /Web site: http://www.innovexinc.com/ /Web site: http://www.amvcorp.com/ /Web site: http://www.airmethods.com/ /Web site: http://www.calmicro.com/ /Web site: http://www.data-dimensions.com/ /Web site: http://www.datum.com/ /Web site: http://www.fail.com/ /Web site: http://www.microtest.com/ /Web site: http://www.rushenterprises.com/ /Web site: http://www.skymall.com/ /Web site: http://www.sunrise-tech.com/ /Web site: http://www.vari-l.com/ /Web site: http://www.redchip.com/ (AMVC AIRM CAMD DDIM DATM EXPO MTST RUSH SKYM SNRS VARL CELG) CO: Red Chip Review ST: Oregon IN: FIN SU: -0- Sep/22/1998 8:08 EOS (PRN) Sep/22/98 08:08 86 â -0- (PRN) Sep/22/1998 8:23
THE RED CHIP REVIEW INVESTOR CONFERENCE SHOWCASES INVESTMENT OPP
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