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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN)

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To: ST Trader who wrote (11)6/1/1996 8:50:00 PM
From: Larry Davis   of 1026
 
Scott or Paul,
The article in the Bowser report did state that this qtr. will
still have some one-time charges due to the formation of the
new units. Their financial report also stated that the loss is
attributable to start-up expenses that were realized in the
formation of Island Frozen & Dairy. The report also stated
that after this, the earnings picture should be very good.
I am supprised of the $.05 loss. I expected a break even,
at worse.
What I do hope is that these start-up charges are now
history. If they are, this present qtr. that we are now in
should be very good. I believe I will give them a call this
next week. If I find out anything, I'll let you know.
Good Luck...
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