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Microcap & Penny Stocks : VLVT (was CSMA)
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To: Gary West who wrote (11544)8/18/1999 11:41:00 AM
From: Investor Clouseau  Read Replies (2) of 11708
 
Currently VELTEX has 5,470,330 shares of common stock outstanding. The
float is estimated at 1.9 million shares. VELTEX' net income for the
first half of fiscal year 1999 was $570,317, or $0.10 per share
compared to $282,214, or $0.05 per share, a year ago. Gross revenue for
the first six months of fiscal year 1999 totaled $2,773,791, an
increase of $1,080,045 or 64% from $1,693,746 over the comparable
period of last year.

That would mean net income of .20 for a full year if the growth continues.

:-)
IC

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