Why These Stocks are Going Somewhere: KOPN, SBCF, ERES

Trends, Charts and Exclusive Opinion

Three SmallCaps on the Move

KOPN: Co Reports �No Debt� in its Q1 Filing

SBCF: Nonperforming Loans Declined by 15.3% in Q1

ERES: Closes $81m Deal for another Research Division

First up this morning is S&P SmallCap 600 company Kopin Corporation (KOPN) http://www.kopin.com/ currently trading in the $4.45 range on a 3-Month average daily trading volume of 508,658 shares. KOPN was trading in the $2.50 range a year ago. KOPN climbed above $4 in the summer of 09, hit the $5 level in Oct, and tapered off through March of 2010. KOPN staged a strong rally in April that carried it into its current price range. KOPN has a 52-week high of $5.14 set 10-14-09 with current trailing twelve month revenues of $144+ million and a positive, corresponding diluted EPS of +$0.29. I like those earnings; KOPN is a short-term (6 Mo) �Buy� consideration for me.�� �

In its recent reporting KOPN posted Q1 total revenues were up 18.5% Y-O-Y to $25.4 million. KOPN president and CEO Dr. John C.C. Fan said, �Revenue from our III-V product family more than doubled year-over-year, reflecting strong growth trends in mobile connectivity and smart phone proliferation.� KOPN reported net income of $1.0 million, or $0.02 per diluted share, for Q1 �10 vs. $1.9 million, or $0.03 per diluted share, for the comparable period in 09. KOPN ended the first quarter of 2010 with $119.0 million in cash and marketable securities and no debt. KOPN management affirmed its revenue guidance for 2010 at $120-$130 Million. KOPN makes wafers for ampli! fiers in wireless handsets.

KOPN 1-Year

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Next up this morning is Seacoast Banking Corporation of Florida (SBCF) http://www.seacoastbanking.net/ currently trading in the $2.29 range on a 3-Month average daily trading volume of 793,519 shares. SBCF was trading in the $4 range a year ago. SBCF dropped below $2 in July and spent the remainder of 09 establishing a floor at $1.50. SBCF hit $2.50 in April on news that its risk exposure to bad loans was quickly improving. SBCF has a 52-week high of $4.07 set a year ago today.� �

In its recent Q1 reporting SBCF reported its nonperforming loans declined by 15.3%, its capital levels strengthened with an April 2010 stock offering, its core deposits increased by 4.4%, and (here is a huge turnaround) its Q1 net charge-offs declined to $3.5 million compared to $45.2 million in Q4. SBCF is a long-term (1 Yr) �Buy� consideration for me. What a comeback. SBCF operates banking offices in 14 counties in Florida.

SBCF 1-Year

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Finally this morning is S&P SmallCap 600 company eResearch Technology Inc., (ERES) http://www.ert.com/ currently trading in the $8.06 range on a 3-Month average daily trading volume of 196,523 shares. ERES was trading below $5.50 a year ago. ERES had a choppy 2009; but it did spike over $7.50 at one point. In mid-Feb of �10 ERES began a rally at less than $5.50 which has carried it into its current price range. ERES has a 52-week high of $8.50 set on 10-30-09 with current trailing twelve month revenues of $91+ million and a positive, corresponding diluted EPS of +$0.21. I like these earnings as well and that ERES is in a growth mode with a recent acquisition. ERES is a long-term �Buy� consideration for me.�� ���

In late April ERES announced it had agreed to acquire the research services division of CareFusuion $81 million in cash. ERES provides technology and services for collecting, analyzing and distributing information about clinical-trial participants. Also in late April, ERES reported Q1 �10 net income of $1.8 million, or $0.04 per diluted share vs. $3.3 million, or $0.07 per diluted share, in Q4 of 09. The difference was the cost of the acquisition.

ERES 1-Year

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