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Technology Stocks : RONNIE'S HOT STOCKS UPDATED

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To: ronnie scott who wrote (29)5/23/1996 8:24:00 PM
From: Troy Davis   of 98
 
Check out NMBS (Nimbus CD International), they make the actual CD's & CD ROMS that we use. Anyway I got in last week because I heard they were going to be a big player in the next craze, DVD's (Digital Video Disks). I wish I had shared them with you then, they came out with earnings and the price has shot up. I see it going even higher. Have you heard of them, whatdo you think?

Happy Hunting,
TD

This is from earnings report:

Net sales for the fourth quarter rose 32.6% to $29.7 million,
compared to $22.4 million reported in the fourth quarter of fiscal
1995. Operating income for the quarter increased 31.4% to $4.6
million, versus $3.5 million reported in the same period last year.
On a pro forma basis to reflect the Company's initial public
offering, net income for the quarter increased 92.9% to $2.7 million,
or $0.12 per share, compared to $1.4 million, or $0.06 per share, for
the fourth quarter of fiscal 1995.
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