Water! Water! Everywhere and Not a Drop To Drink! Message Board

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Strategies & Market Trends : Water! Water! Everywhere and Not a Drop To Drink!

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To: Arthur Radley who wrote (240)	7/28/1999 2:56:00 PM
From: Wade	Read Replies (1) of 336

Dude and Big Guy, Looks like WLK came back alive in the last two days. News: Tuesday July 27, 7:09 am Eastern Time Company Press Release Waterlink Reports Break Even Performance Before Charges Substantial Bookings and Backlog Improvement CANTON, Ohio--(BUSINESS WIRE)--July 27, 1999--Waterlink Inc. (NYSE:WLK - news) announced today that results for the third quarter ended June 30, 1999 produced a break even result before charges which is in line with the earnings pre-announcement made in late June. After $4.5 million of charges related to the finalization of the 1999 Strategic Operating Plan, the Company reported a loss of $.36 per share for the quarter. The Company also reported that total backlog levels increased during the quarter to $46.0 million at June 30, 1999, primarily as a result of increased booking activity at its European Division near the end of the quarter. Sincerely, Wade

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