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October 13, 2005

SpeculatingStocks.com Stock Pick: American Access Technologies, Inc. (AATK)

Stock Price: $1.90


American Access Technologies, Inc. manufactures patented zone cabling and wireless enclosures that mount in ceilings, raised floors, and in custom furniture, for routing of telecommunications cabling, fiber optics and wireless solutions to the office desktop. The company's solution reduces costs for initial network installation as well as future upgrades.

On Monday, the company reported record sales of $2.36 million for the third quarter, up over 23% from the same period last year. AATK has been reporting consistently growing revenues over the past three years. AATK share price has yet to realize this consistency.

The company is still on track to be profitable for full year 2005. Expect the fourth quarter to generate some fairly significant net income compared to previous quarters.

Volume has been significant as of late while the stock price continues to stay within its range.


 
     
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