The Red Chip Review Small-Cap Investor Conference, June 17
PORTLAND, Ore., June 15 /PRNewswire/ -- The Red Chip Review, the nation's
leading source of independent research on small- and micro-cap stocks, will
present an array of both value and growth stocks in Portland, Oregon,
June 17, 1999. Senior management of seven small- and micro-cap companies
will be presenting their stories at an Investor Conference hosted by The Red
Chip Review at Portland's World Trade Center.
Leading the parade of presenting companies at 8:00 a.m. will be Marc
Robins, CFA, founder and editor-in-chief of The Red Chip Review
(www.redchip.com), introducing a new web based directory of small- and
micro-cap stocks that have been profiled by the Red Chip analyst team in the
Red Chip Register. Completing the day with their presentation will be Par
Technology Corporation (NYSE: PTC), representing the more than 50 companies
not followed by The Red Chip Review who are a part of the Red Chip Register.
Par Technology (NYSE: PTC) is the world's largest supplier of
point-of-sale systems to the quick-service restaurant market. PTC is also the
leading provider of professional services, including systems integration, to
the restaurant and manufacturing/warehouse industries. Their touch-sensitive
display screens in restaurants owned by food service giants such as
McDonald's, Taco Bell and KFC hasten service to those who are hungry, while
managers working behind the counter can quickly update any screen selection.
-- Value investors will be especially interested in the three Red Chip
conference presenters whose company's stock price is currently less than 2X
its book value -- an indicator of lower downside risk since the net asset
value supports the current shareholder price:
-- Summa Industries (Nasdaq: SUMX) has a current price to book value of
1.72 anP/E ratio of 9X, far below the current S&P average of 33. SUMX
meets the needs of manufacturers as they look to replace costly
natural materials with light and durable plastics that perform as
conveyor belts and chains for the food processing industry; and as
fittings, valves, filters and tubing for the agricultural irrigation
-- Seattle Filmworks, Inc. (Nasdaq: FOTO) with a current price to book
value of 1.21, offers creative and professional photofinishing and
digital imaging services and products to amateur photographers seeking
more from a 35-mm roll than an envelope of scrapbook-bound candids.
As a pioneer in digital imaging technologies, the Company anticipates
that products such as Pictures On Disk, PhotoMail and PhotoWorks will
attract every kind of photographer.
-- TRM Corporation (Nasdaq: TRMM) with a book value just over 1.0 and a
P/E of 9x is poised to accelerate with their new strategy. Last year,
in locations such as grocery stores, pharmacies and hardware stores,
TRMM exchanged 7,000 obsolete self-service photocopiers for new
frustration-free copy machines. In some higher-volume accounts, the
Company installed NextGen copiers, which are expensive but require
less maintenance. In addition to TRMM's constant maintain-and-supply
copier duties in the United States, Canada, the United Kingdom, France
and Belgium, TRMM is in the initial stages of placing nonbank ATMs in
sites across the United States.
-- Growth investors will find opportunities in these sound fundamental
companies growing in excess of 26% per year for the last 5 years:
-- Monaco Coach Corporation (NYSE: MNC) has generated an EPS growth rate
of 31% per year for 5 years, has increased revenues by $575 million in
eight years, and has established itself as the third-largest
manufacturer of Class A motor coaches and towable recreational
vehicles, or RVs. To keep up with consumer demand, the Company has
embarked on a major expansion of its production facilities in Coburg,
Ore., which will add 350,000 square feet to its current plant. MNC
has a current P/E of only 16X.
-- Exponent, Inc. (Nasdaq: EXPO) growing at 27% a year, has a book value
of only .84 and a P/E of 13X, characteristics interesting to both
value and growth investors. EXPO's team of scientists, physicians,
engineers and business consultants, with expertise in over 50
technical disciplines, solves problems for clients in the
manufacturing, transportation, energy and government sectors, among
others. The Company has expanded its extensive research and analysis
abilities to develop expertise in stress and fracture analysis,
materials science, mechanical engineering, and environmental risk
-- Measurement Specialties, Inc. (Amex: MSS) boasts a 5 year EPS growth
rate of 26%. MSS' development and marketing of such digital
electronic devices as electronic bath, kitchen and postal scales,
coupled with its ability to adapt advanced aerospace technology for
consumer and industrial uses, has noticeably increased revenues. The
Company's goal is to achieve 50% of its revenues from the sensor
business by FY01.
"The Red Chip Review Investor Conference 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 Wall Street professionals."
The Red Chip Review Investor Conference is scheduled from 7:30 a.m. to
5 p.m. at the World Trade Center in Portland, Oregon. Tickets are free for
subscribers to The Red Chip Review, $30 for nonsubscribers, $45 at the door.
Each ticket holder receives Red Chip's latest two-page comprehensive analysis
on each of the 7 presenting companies. A nutritious sit-down lunch also will
be provided free by The Red Chip Review. A reception sponsored by the
presenting companies will begin at 3:30 pm.
Investors will have an opportunity to meet the top executives of this
promising group of companies, which have been screened through Red Chip's
demanding selection criteria and tough objective analyses.
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 provides in-depth research and analysis on
approximately 200 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.
Those unable to attend the conference in Portland may hear it live over
VCALL.com. Beginning on June 22 growth and value investors may listen to the
individual company presentations also over VCALL.com.
SOURCE The Red Chip Review
/CONTACT: Linda Meyer of The Red Chip Review, 1-800-RedChip,
503-417-2243, fax: 503-417-2256/
/Web site: http://www.redchip.com/
(PTC SUMX FOTO TRMM MNC EXPO MSS)
CO: Red Chip Review; Par Technology Corporation; Summa Industries;
Seattle Filmworks, Inc.; TRM Corporation; Monaco Coach Corporation;
Exponent, Inc.; Measurement Specialties, Inc.
-0- Jun/15/1999 8:03
EOS (PRN) Jun/15/99 08:03 **
-0- (PRN) Jun/15/1999 8:18
Press spacebar to pause and continue. Press esc to stop.