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While most major indexes move sideways individual penny

stocks continue to spike on a daily basis with many sitting

closer to 52-week highs than 52-week lows.

Check the charts for the following companies reporting

revenues last week, you’ll see what I mean.

Spantal SPAL (.25) announced its second consecutive

profitable Q and the price spiked 66% on the news.

http://biz.yahoo.com/prnews/030731/phth003_1.html

Spantal is a telecommunications company in Spain.

21,858,746 s/o as of 3/31/03

~ 5.5 million market cap

Bovie Medical BOVI (1.80) announced record 2nd Q

revenue and record net income.

http://biz.yahoo.com/bw/030730/305029_1.html

BOVI is engaged in the engineering, manufacturing

and marketing of electrosurgical medical products.

13,062,180 s/o as of 6/30/03

~ 23.5 million market cap

http://boviemed.medxchange.com/

CAM Commerce Solutions CADA reported 3rd Q

profit, no big deal there, however look at the cash-

3.48/share in cash and marketable securities.

http://biz.yahoo.com/bw/030729/295232_1.html

CADA closed Friday at 5.10

Since 5/01/03 CEO Geoffrey Knapp purchased about

100,000 shares in the 4.00 range. As of 6/20/03 he

owns 576,966 shares.

CAM provides commerce solutions for web-retailers.

3,108,990 s/o as of 4/30/03

~15.9 million market cap

http://www.camcommerce.com

Wi-Fi Radar is certainly expanding.

New companies are being added weekly:

Network Installation Corp NWIS (.80) came into existence

on 6/13/03 when FlexTech did a reverse merger. Recently

announced a deal to offer Motorola Wi-Fi solutions.

http://biz.yahoo.com/prnews/030801/nyf103_1.html

11 million s/o

~8.8 million market cap

http://www.networkinstallationcorp.com/

QuickLink

For Traders Only Interactive Forums, Broker Ratings,

Software Reviews, etc.

http://www.elitetrader.com/

I’ll keep you posted.

gp@pennyheaven.com

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