AER Energy Resources (AERN) Message Board

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Technology Stocks : AER Energy Resources (AERN)

AERN 0.000001000

-90.0%

Jun 3 3:19 PM EST

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To: Chris Wilkinson who wrote (445)	10/13/1997 12:32:00 AM
From: Alan C. Zezula	of 621

Your guess is as good as mine. I pulled up some old data from their Sec 10-Q. as follows: Publicly traded since 7-1-93. Mitsubishi deal 5-20-97 what if anything this will add to earnings I have no idea. It decreased their earnings in the previous quarter due to "ramping up for product production". 6-30-97 $14.6 million cash and cash equivalents on hand. Losses of $49.9 million since inception to 6-30-97. Anticipates OPERATING LOSSES through the END OF 1998. My earnings guess I'll go with the street loss of 7 cents and hope for the best. They are suppose to be at the Comdex Show in November. Maybe something good will come of that. I believe we've all been invited by Aern now if they would only send the "air" fare. Good luck to all. Al

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