Bio-Imaging Technologies, Inc. (NASDAQ:BITI)
A global pharmaceutical contract service organization, providing services that support the product development process of the pharmaceutical, biotechnology and medical device industries.
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med teckn. is being in demand new software & programs are being created ther is a rapid grow for new tecknology on this area
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health care needs + baby boomer generation = outperformance all day long
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This is a great small cap company! I personally own some and it has a great business model!
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Very little competition in its areas of specialization. Recognized by IBM and government agencies as the leader in developing how personal health records are managed and accessed by patients. There is a huge demand developing for their products, some of which will soon be required of the medical industry and reserchers by regulators.
Other reasons:
1) BITI has begun showing positive earnings, 2) trade volume is steadily increasing, 3) will definitely get onto the radar of more Institutional investors in 2007 as profits grow, 4) large increase in sales -- contract inventory is now over $70mil and will ensure consistency in future earnings, 5) diverse client base - no single client contributes more than 10% of revenue.
This stock is almost a lock to break out by year end.
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