to all nfliers: based upon this information just released today, and the corresponding stock action, i have reached a very strong conclusion regarding nfli - which i will not announce until i take action on monday - who knows who reads this thread and how many shares they can purchase or sell. i'd like to review further financial details of the last q...
the truth is in the detail - look real hard and you'll see it (the truth isn't highlighted). i'm going to act on the truth come monday. then i'll give ya'll my opinion...
btw, those idiots that brought this class action will get pennies for their efforts. the attorneys will get rich. due to their efforts they caused, imho, at least a $3-5 drop in the price of nfli shares.
let's see, you give me $0.25/share and i lose $3 in value - and this is a good thing? what a bunch of winners...
i sure hope they still don't own their shares. if so, please forward the message that they're idiots. talk about cutting off your nose to spite your face.
good luck all.
>>Nutrition For Life Results -2: 1Q Financial Table >NFLI
Nutrition For Life International Inc. - Houston
1st Quar Dec. 31:
1996 1995
Sales $19,269,000 $21,262,000
Net income (4,496,000) 2,553,000
Avg shrs (primary) 6,319,813 6,419,365
Avg shrs (diluted) 6,319,813 6,555,085
Shr earns (primary)
Net income (.71) .40
Shr earns (diluted)
Net income (.71) .39
Figures in parentheses are losses.
Nutrition For Life International Inc. (NFLI) said the latest quarter includes pretax
costs of $6.4 million related to the preliminary settlement of class action lawsuits
filed against it.
As reported Feb. 4, the company had presented the settlement agreements to
federal court for preliminary approval.
Nutrition For Life International develops, markets and sells nutritional supplements
and other consumer products.
(END) DOW JONES NEWS 02-14-97 |
