Walker has a well-done website: walker.com which is very informative. Company reported earnings last week:
Walker Interactive Systems Inc. - San Francisco Quar Dec. 31: 1996 1995 Revenues $17,157,000 $14,555,000 Net income 1,127,000 91,000 Avg shrs 14,298,000 13,548,000 Shr earns Net income .08 .01 Year: Revenues 62,834,000 58,566,000 Net income a (116,000) (9,357,000) Avg shrs 13,223,000 12,998,000 Shr earns Net income a (.01) (.72) Figures in parentheses are losses. a. Includes $2.8-million charge on acquisition of Hunt Systems. Excluding charge, company would have reported earnings of about 13 cents a share. Walker Interactive Systems Inc. (WALK) provides premier enterprise client/server business and financial software applications and related services for Global 2000 organizations with high transaction volume requirements. (END) DOW JONES NEWS 02-06-97 8:12 PM
I don't believe they are a year 2000 play; their website headline mentions "Global 2000" which is a much different concept, as above.
This seems to be a good turnaround stock, though it has risen nicely already.
Good Luck all...
Tom McAuliffe |