Transcend Services, Inc. (TRCR)

TRCR (Transcend Services Inc.)
Transcend provides medical transcription services to the medical industry. While it is trading at 25 times trailing earnings, and 17 times forward estimates, the growth rates it is having along with its great financial condition can justify this. Last quarter they increased revenues by 44% and earning by 22% (I'd prefer to see them gaining some economies of scale and be able to translate revenue growth into a higher percentage of growth in their earnings). None the less though, these are some great growth rates that if can continue at for any length of time, then this may be a nice bargain. Once again, this is another company that has basically no debt (less than half a million), but has almost $8 million in cash.

RK

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