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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 38.02+2.1%1:41 PM EST

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To: TWICK who wrote (1080)1/28/1999 10:40:00 PM
From: Stock Watcher  Read Replies (2) of 52051
 
Twick; on ACUC; the press release doesn't say that the net loss for the year 98' was (.14) vs. net loss of (.09) in 97'; they also don't tell you that the company lost (.07) in the last quarter.

What they do tell you is that revenues increased 200% to 13.1M from 7M in 97'.

This press release is mis-leading and dishonest. This company is losing alot of money ($677,000 in 98'), and they have the nerve to put out a press release without mentioning the loss per share. They only brag about increased revenues. Actually 97' was a better fiscal year for them with less gross income.

This is the kind of twisted information you get from BB companies/ it's all in SEC filings....regards, sw
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