SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joe Copia who wrote (16270)6/8/1999 10:57:00 AM
From: EZ ED  Read Replies (1) of 25711
 
CCGI..NEWS.. ComTech Reports Fourth Consecutive Profitable Quarter


June 8, 1999 10:06 AM
HOUSTON, June 8 /PRNewswire/ -- ComTech Consolidation Group, Inc., CCGI today reported 1st Quarter Revenue of $4,321,000.00 and net income of $697,000 or earnings per share of .04 for its 1st Quarter ending March 31st. Reversing a loss of approximate $70,000.00 on Revenues of less than $300,000.00 in the 1st Quarter of 1998.
Mr. Winfred Fields, ComTech chairman and chief executive officer, said: "We continue to build on our successes of 1998 and enhance shareholder value. With 1st Quarter earnings nearly matching our totals for all of 1998 we feel very confident in the direction we have taken ComTech." Mr. Fields continued "Based on the .59 a share closing price of ComTech's common shares on Monday, we are trading at less than 15 times 1st Quarters
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext